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Jiangsu Shemar Electric CoSHSE:603530 +2.93%94 Return-on-Tangible-Asset is 17.68% as of Jun. 2026, which is 30% above its 10-year median of 13.59. GuruFocus rates SHSE:603530 with a GF Score™ of 94/100 and a GF Value™ of ¥43.94 (Fairly Valued). The stock has 1 warning sign investors should review. Among 3,076 Industrial Products companies, Jiangsu Shemar Electric Co ranks better than 96.39% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Jiangsu Shemar Electric Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥466 Mil. Jiangsu Shemar Electric Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥2,637 Mil. Therefore, Jiangsu Shemar Electric Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 17.68%.
The historical rank and industry rank for Jiangsu Shemar Electric Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603530'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.57 Med: 13.59 Max: 18.98
Current: 18.98
During the past 12 years, Jiangsu Shemar Electric Co's highest Return-on-Tangible-Asset was 18.98%. The lowest was 2.57%. And the median was 13.59%.
SHSE:603530's Return-on-Tangible-Asset is ranked better than 96.39% of 3076
companies
in the Industrial Products industry
Industry Median: 3.335
vs SHSE:603530: 18.98
Jiangsu Shemar Electric Co (SHSE:603530) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Jiangsu Shemar Electric Co Return-on-Tangible-Asset Related Terms
Jiangsu Shemar Electric Co Return-on-Tangible-Asset Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Jiangsu Shemar Electric Co Return-on-Tangible-Asset Chart
SHSE:603530 vs VRT, BE: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Jiangsu Shemar Electric Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Jiangsu Shemar Electric Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Jiangsu Shemar Electric Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Jiangsu Shemar Electric Co's Return-on-Tangible-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 17.68% mean?
Jiangsu Shemar Electric Co (SHSE:603530) has a Return-on-Tangible-Asset of 17.68% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Jiangsu Shemar Electric Co and its competitors. This is 30% above median its historical median of 13.59. Over the past decade, Jiangsu Shemar Electric Co's Return-on-Tangible-Asset has ranged from 2.57 to 18.98. According to the industry distribution chart, Jiangsu Shemar Electric Co ranks #111 out of 3076 companies in the Industrial Products industry, placing it in the top 3.6%.
Is Jiangsu Shemar Electric Co's Return-on-Tangible-Asset too high?
Jiangsu Shemar Electric Co's current Return-on-Tangible-Asset of 17.68% is 30% above median its 10-year median of 13.59. Over the past 10 years, this metric has ranged from a low of 2.57 to a high of 18.98. The Industrial Products industry median Return-on-Tangible-Asset is 3.34. Jiangsu Shemar Electric Co's value of 17.68% is 430.1% above this industry median. Based on the distribution chart, Jiangsu Shemar Electric Co ranks #111 out of 3076 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangsu Shemar Electric Co has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Shemar Electric Co's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Jiangsu Shemar Electric Co ranks #111 out of 3076 companies for Return-on-Tangible-Asset. This places Jiangsu Shemar Electric Co in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.34. Jiangsu Shemar Electric Co's value of 17.68% is 430.1% above this benchmark. Historically, Jiangsu Shemar Electric Co's own Return-on-Tangible-Asset has ranged from 2.57 to 18.98 over the past decade. While the company's 10-year median is 13.59 vs. the industry median of 3.34, Jiangsu Shemar Electric Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.34, based on 3,076 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jiangsu Shemar Electric Co's current Return-on-Tangible-Asset of 17.68% is 430.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Jiangsu Shemar Electric Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Shemar Electric Co's current Return-on-Tangible-Asset is 17.68%, which is 30% above median its own 10-year median of 13.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Shemar Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Shemar Electric Co (SHSE:603530) is currently considered Fairly Valued. The stock's GF Value™ is ¥43.94, compared to a current price of ¥47.11 — trading 7.2% above its estimated fair value. The current Return-on-Tangible-Asset is 17.68%, which is 30% above median its 10-year median of 13.59 and 430.1% above the Industrial Products industry median of 3.34. Jiangsu Shemar Electric Co's overall GF Score™ is 94/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Jiangsu Shemar Electric Co (SHSE:603530), the current Return-on-Tangible-Asset is 17.68% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Jiangsu Shemar Electric Co (SHSE:603530) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Shemar Electric Co stock appears to be overvalued.
The current stock price of ¥47.11 is trading 7.2% above its estimated GF Value™ of ¥43.94.
GuruFocus considers Jiangsu Shemar Electric Co to be Fairly Valued.
Key valuation signals for SHSE:603530:
Return-on-Tangible-Asset: 17.68% (30% above median its 10-year median of 13.59)
GF Value™: ¥43.94 vs. price of ¥47.11 (7.2% above fair value)
Industry Position: 430.1% above the Industrial Products median (#111 of 3076)
No single metric tells the full story. See the SHSE:603530 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Shemar Electric Co Ltd is engaged in the Research, development, production and sales of products such as composite external insulation for power system substations, composite external insulation for power transmission and distribution lines and rubber seals.
94GF Score
Get the complete analysis for SHSE:603530
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