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Anhui Kouzi Distillery CoSHSE:603589 +1.37%84 Return-on-Tangible-Asset is 10.64% as of Mar. 2026, which is 30% below its 10-year median of 15.30. GuruFocus rates SHSE:603589 with a GF Score™ of 84/100 and a GF Value™ of ¥24.07 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 212 Beverages - Alcoholic companies, Anhui Kouzi Distillery Co ranks worse than 50.47% 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. Anhui Kouzi Distillery Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥1,315 Mil. Anhui Kouzi Distillery Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥12,352 Mil. Therefore, Anhui Kouzi Distillery Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.64%.
The historical rank and industry rank for Anhui Kouzi Distillery Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603589'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.11 Med: 15.3 Max: 19.7
Current: 3.11
During the past 13 years, Anhui Kouzi Distillery Co's highest Return-on-Tangible-Asset was 19.70%. The lowest was 3.11%. And the median was 15.30%.
SHSE:603589's Return-on-Tangible-Asset is ranked worse than 50.47% of 212
companies
in the Beverages - Alcoholic industry
Industry Median: 3.14
vs SHSE:603589: 3.11
Anhui Kouzi Distillery Co (SHSE:603589) 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.
Anhui Kouzi Distillery Co Return-on-Tangible-Asset Related Terms
Anhui Kouzi Distillery Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Anhui Kouzi Distillery Co's Return-on-Tangible-Asset can be seen below:
* 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.
Anhui Kouzi Distillery Co Return-on-Tangible-Asset Chart
SHSE:603589 vs BF.B: Return-on-Tangible-Asset Comparison
For the Beverages - Wineries & Distilleries subindustry, Anhui Kouzi Distillery 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.
Anhui Kouzi Distillery Co Return-on-Tangible-Asset vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Anhui Kouzi Distillery Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Anhui Kouzi Distillery 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 10.64% mean?
Anhui Kouzi Distillery Co (SHSE:603589) has a Return-on-Tangible-Asset of 10.64% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Anhui Kouzi Distillery Co and its competitors. This is 30% below median its historical median of 15.30. Over the past decade, Anhui Kouzi Distillery Co's Return-on-Tangible-Asset has ranged from 3.11 to 19.70. According to the industry distribution chart, Anhui Kouzi Distillery Co ranks #107 out of 212 companies in the Beverages - Alcoholic industry, placing it in the top 50.5%.
Is Anhui Kouzi Distillery Co's Return-on-Tangible-Asset too high?
Anhui Kouzi Distillery Co's current Return-on-Tangible-Asset of 10.64% is 30% below median its 10-year median of 15.30. Over the past 10 years, this metric has ranged from a low of 3.11 to a high of 19.70. The Beverages - Alcoholic industry median Return-on-Tangible-Asset is 3.14. Anhui Kouzi Distillery Co's value of 10.64% is 238.9% above this industry median. Based on the distribution chart, Anhui Kouzi Distillery Co ranks #107 out of 212 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Anhui Kouzi Distillery Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Anhui Kouzi Distillery Co's Return-on-Tangible-Asset compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Anhui Kouzi Distillery Co ranks #107 out of 212 companies for Return-on-Tangible-Asset. This places Anhui Kouzi Distillery Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.14. Anhui Kouzi Distillery Co's value of 10.64% is 238.9% above this benchmark. Historically, Anhui Kouzi Distillery Co's own Return-on-Tangible-Asset has ranged from 3.11 to 19.70 over the past decade. While the company's 10-year median is 15.30 vs. the industry median of 3.14, Anhui Kouzi Distillery 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 a Beverages - Alcoholic company?
The median Return-on-Tangible-Asset among Beverages - Alcoholic companies is 3.14, based on 212 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. Anhui Kouzi Distillery Co's current Return-on-Tangible-Asset of 10.64% is 238.9% 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 Anhui Kouzi Distillery Co and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Asset is 3.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anhui Kouzi Distillery Co's current Return-on-Tangible-Asset is 10.64%, which is 30% below median its own 10-year median of 15.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Kouzi Distillery Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Kouzi Distillery Co (SHSE:603589) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥24.07, compared to a current price of ¥19.20 — trading 20.2% below its estimated fair value. The current Return-on-Tangible-Asset is 10.64%, which is 30% below median its 10-year median of 15.30 and 238.9% above the Beverages - Alcoholic industry median of 3.14. Anhui Kouzi Distillery Co's overall GF Score™ is 84/100 with 8 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 Anhui Kouzi Distillery Co (SHSE:603589), the current Return-on-Tangible-Asset is 10.64% as of Mar. 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 Anhui Kouzi Distillery Co (SHSE:603589) Overvalued in 2026?
Based on GuruFocus' analysis, Anhui Kouzi Distillery Co stock appears to be undervalued.
The current stock price of ¥19.20 is trading 20.2% below its estimated GF Value™ of ¥24.07.
GuruFocus considers Anhui Kouzi Distillery Co to be Modestly Undervalued.
Key valuation signals for SHSE:603589:
Return-on-Tangible-Asset: 10.64% (30% below median its 10-year median of 15.30)
GF Value™: ¥24.07 vs. price of ¥19.20 (20.2% below fair value)
Industry Position: 238.9% above the Beverages - Alcoholic median (#107 of 212)
No single metric tells the full story. See the SHSE:603589 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Anhui Kouzi Distillery Co Ltd is a China-based wine brewing company. It is engaged in the production, manufacturing, and selling of wine and glass products. The company owns liquor series products under the brands of Kouzijiao, Laokouzi, Kouzifang, and Kouzimeijiu, among others.
84GF Score
Get the complete analysis for SHSE:603589
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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