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SHSE:603588's Return-on-Tangible-Asset is ranked better than 73.39% of 248
companies
in the Waste Management industry
Industry Median: 2.61
vs SHSE:603588: 6.76
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.
Beijing GeoEnviron Engineering & Technology Return-on-Tangible-Asset Related Terms
Beijing GeoEnviron Engineering & Technology 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.
SHSE:603588 vs WM, RSG, WCN: Return-on-Tangible-Asset Comparison
For the Waste Management subindustry, Beijing GeoEnviron Engineering & Technology'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.
Beijing GeoEnviron Engineering & Technology Return-on-Tangible-Asset vs Waste Management Industry
* 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 7.73% mean?
Beijing GeoEnviron Engineering & Technology (SHSE:603588) has a Return-on-Tangible-Asset of 7.73% 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 Beijing GeoEnviron Engineering & Technology and its competitors. This is 52% above median its historical median of 5.09. Over the past decade, Beijing GeoEnviron Engineering & Technology's Return-on-Tangible-Asset has ranged from 2.59 to 7.51. According to the industry distribution chart, Beijing GeoEnviron Engineering & Technology ranks #66 out of 248 companies in the Waste Management industry, placing it in the top 26.6%.
Is Beijing GeoEnviron Engineering & Technology's Return-on-Tangible-Asset too high?
Beijing GeoEnviron Engineering & Technology's current Return-on-Tangible-Asset of 7.73% is 52% above median its 10-year median of 5.09. Over the past 10 years, this metric has ranged from a low of 2.59 to a high of 7.51. The Waste Management industry median Return-on-Tangible-Asset is 2.61. Beijing GeoEnviron Engineering & Technology's value of 7.73% is 196.2% above this industry median. Based on the distribution chart, Beijing GeoEnviron Engineering & Technology ranks #66 out of 248 companies in the Waste Management industry, which is above the industry midpoint. Overall, Beijing GeoEnviron Engineering & Technology has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Beijing GeoEnviron Engineering & Technology's Return-on-Tangible-Asset compare to WM and RSG?
According to the Waste Management industry distribution chart, Beijing GeoEnviron Engineering & Technology ranks #66 out of 248 companies for Return-on-Tangible-Asset. This puts Beijing GeoEnviron Engineering & Technology in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.61. Beijing GeoEnviron Engineering & Technology's value of 7.73% is 196.2% above this benchmark. Historically, Beijing GeoEnviron Engineering & Technology's own Return-on-Tangible-Asset has ranged from 2.59 to 7.51 over the past decade. While the company's 10-year median is 5.09 vs. the industry median of 2.61, Beijing GeoEnviron Engineering & Technology 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 a Waste Management company?
The median Return-on-Tangible-Asset among Waste Management companies is 2.61, based on 248 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. Beijing GeoEnviron Engineering & Technology's current Return-on-Tangible-Asset of 7.73% is 196.2% 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 Beijing GeoEnviron Engineering & Technology and its competitors. For the Waste Management industry, the median Return-on-Tangible-Asset is 2.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing GeoEnviron Engineering & Technology's current Return-on-Tangible-Asset is 7.73%, which is 52% above median its own 10-year median of 5.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing GeoEnviron Engineering & Technology stock overvalued right now?
Based on GuruFocus' analysis, Beijing GeoEnviron Engineering & Technology (SHSE:603588) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥11.00, compared to a current price of ¥15.86 — trading 44.2% above its estimated fair value. The current Return-on-Tangible-Asset is 7.73%, which is 52% above median its 10-year median of 5.09 and 196.2% above the Waste Management industry median of 2.61. Beijing GeoEnviron Engineering & Technology's overall GF Score™ is 73/100 with 7 warning signs 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 Beijing GeoEnviron Engineering & Technology (SHSE:603588), the current Return-on-Tangible-Asset is 7.73% 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 Beijing GeoEnviron Engineering & Technology (SHSE:603588) Overvalued in 2026?
Based on GuruFocus' analysis, Beijing GeoEnviron Engineering & Technology stock appears to be overvalued.
The current stock price of ¥15.86 is trading 44.2% above its estimated GF Value™ of ¥11.00.
GuruFocus considers Beijing GeoEnviron Engineering & Technology to be Significantly Overvalued.
Key valuation signals for SHSE:603588:
Return-on-Tangible-Asset: 7.73% (52% above median its 10-year median of 5.09)
GF Value™: ¥11.00 vs. price of ¥15.86 (44.2% above fair value)
Industry Position: 196.2% above the Waste Management median (#66 of 248)
No single metric tells the full story. See the SHSE:603588 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beijing GeoEnviron Engineering & Technology Inc is specialized in the environmental technology research and the provision of solutions for the pollution control system. The company provides various services such as Urban 360 Environmental Manager that removes medical waste and hazardous wastes disposal, Kitchen waste treatment, Sludge disposal and others. Industrial Environment involves treatment of industrial wastewater and treatment of industrial solid waste, and Environment Remediation is engaged in remediation of the industrial site, underground water remediation, landfill remediation and farmland remediation.
73GF Score
Get the complete analysis for SHSE:603588
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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