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Lafang China CoSHSE:603630 +2.26%59 Return-on-Tangible-Asset is 2.99% as of Jun. 2026, which is 10% below its 10-year median of 3.34. GuruFocus rates SHSE:603630 with a GF Score™ of 59/100 and a GF Value™ of ¥16.45 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,008 Consumer Packaged Goods companies, Lafang China Co ranks worse than 71.31% 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. Lafang China Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥62.9 Mil. Lafang China Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥2,101.3 Mil. Therefore, Lafang China Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 2.99%.
The historical rank and industry rank for Lafang China Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603630'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.52 Med: 3.34 Max: 15.93
Current: -0.02
During the past 13 years, Lafang China Co's highest Return-on-Tangible-Asset was 15.93%. The lowest was -1.52%. And the median was 3.34%.
SHSE:603630's Return-on-Tangible-Asset is ranked worse than 71.31% of 2008
companies
in the Consumer Packaged Goods industry
Industry Median: 3.605
vs SHSE:603630: -0.02
Lafang China Co (SHSE:603630) 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.
Lafang China Co Return-on-Tangible-Asset Related Terms
Lafang China Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Lafang China 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.
SHSE:603630 vs PG, CL, EL: Return-on-Tangible-Asset Comparison
For the Household & Personal Products subindustry, Lafang China 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.
Lafang China Co Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Lafang China Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Lafang China 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 2.99% mean?
Lafang China Co (SHSE:603630) has a Return-on-Tangible-Asset of 2.99% 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 Lafang China Co and its competitors. This is 10% below median its historical median of 3.34. According to the industry distribution chart, Lafang China Co ranks #1432 out of 2008 companies in the Consumer Packaged Goods industry, placing it in the top 71.3%.
Is Lafang China Co's Return-on-Tangible-Asset too high?
Lafang China Co's current Return-on-Tangible-Asset of 2.99% is 10% below median its 10-year median of 3.34. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.61. Lafang China Co's value of 2.99% is 17.1% below this industry median. Based on the distribution chart, Lafang China Co ranks #1432 out of 2008 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Lafang China Co has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lafang China Co's Return-on-Tangible-Asset compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Lafang China Co ranks #1432 out of 2008 companies for Return-on-Tangible-Asset. This places Lafang China Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.61. Lafang China Co's value of 2.99% is 17.1% below this benchmark. While the company's 10-year median is 3.34 vs. the industry median of 3.61, Lafang China Co has consistently been below 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.61, based on 2,008 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. Lafang China Co's current Return-on-Tangible-Asset of 2.99% is 17.1% below 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 Lafang China Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lafang China Co's current Return-on-Tangible-Asset is 2.99%, which is 10% below median its own 10-year median of 3.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lafang China Co stock overvalued right now?
Based on GuruFocus' analysis, Lafang China Co (SHSE:603630) is currently considered Fairly Valued. The stock's GF Value™ is ¥16.45, compared to a current price of ¥14.92 — trading 9.3% below its estimated fair value. The current Return-on-Tangible-Asset is 2.99%, which is 10% below median its 10-year median of 3.34 and 17.1% below the Consumer Packaged Goods industry median of 3.61. Lafang China Co's overall GF Score™ is 59/100 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 Lafang China Co (SHSE:603630), the current Return-on-Tangible-Asset is 2.99% 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 Lafang China Co (SHSE:603630) Overvalued in 2026?
Based on GuruFocus' analysis, Lafang China Co stock appears to be undervalued.
The current stock price of ¥14.92 is trading 9.3% below its estimated GF Value™ of ¥16.45.
GuruFocus considers Lafang China Co to be Fairly Valued.
Key valuation signals for SHSE:603630:
Return-on-Tangible-Asset: 2.99% (10% below median its 10-year median of 3.34)
GF Value™: ¥16.45 vs. price of ¥14.92 (9.3% below fair value)
Industry Position: 17.1% below the Consumer Packaged Goods median (#1432 of 2008)
No single metric tells the full story. See the SHSE:603630 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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