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SHSE:603682's Return-on-Tangible-Asset is ranked worse than 83.25% of 1803
companies
in the Real Estate industry
Industry Median: 1.82
vs SHSE:603682: -3.78
Shanghai Golden Union Commercial Management (Group) Co (SHSE:603682) 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.
Shanghai Golden Union Commercial Management (Group) Co Return-on-Tangible-Asset Related Terms
Shanghai Golden Union Commercial Management (Group) 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.
Shanghai Golden Union Commercial Management (Group) Co Return-on-Tangible-Asset Chart
Shanghai Golden Union Commercial Management (Group) Co Annual Data
SHSE:603682 vs CBRE, BEKE, JLL: Return-on-Tangible-Asset Comparison
For the Real Estate Services subindustry, Shanghai Golden Union Commercial Management (Group) 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.
Shanghai Golden Union Commercial Management (Group) Co Return-on-Tangible-Asset vs Real Estate 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 1.21% mean?
Shanghai Golden Union Commercial Management (Group) Co (SHSE:603682) has a Return-on-Tangible-Asset of 1.21% 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 Shanghai Golden Union Commercial Management (Group) Co and its competitors. This is 72% below median its historical median of 4.31. According to the industry distribution chart, Shanghai Golden Union Commercial Management (Group) Co ranks #1501 out of 1803 companies in the Real Estate industry, placing it in the top 83.3%.
Is Shanghai Golden Union Commercial Management (Group) Co's Return-on-Tangible-Asset too high?
Shanghai Golden Union Commercial Management (Group) Co's current Return-on-Tangible-Asset of 1.21% is 72% below median its 10-year median of 4.31. The Real Estate industry median Return-on-Tangible-Asset is 1.82. Shanghai Golden Union Commercial Management (Group) Co's value of 1.21% is 33.5% below this industry median. Based on the distribution chart, Shanghai Golden Union Commercial Management (Group) Co ranks #1501 out of 1803 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Shanghai Golden Union Commercial Management (Group) Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Golden Union Commercial Management (Group) Co's Return-on-Tangible-Asset compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Shanghai Golden Union Commercial Management (Group) Co ranks #1501 out of 1803 companies for Return-on-Tangible-Asset. This places Shanghai Golden Union Commercial Management (Group) Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.82. Shanghai Golden Union Commercial Management (Group) Co's value of 1.21% is 33.5% below this benchmark. While the company's 10-year median is 4.31 vs. the industry median of 1.82, Shanghai Golden Union Commercial Management (Group) 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.82, based on 1,803 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. Shanghai Golden Union Commercial Management (Group) Co's current Return-on-Tangible-Asset of 1.21% is 33.5% 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 Shanghai Golden Union Commercial Management (Group) Co and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Golden Union Commercial Management (Group) Co's current Return-on-Tangible-Asset is 1.21%, which is 72% below median its own 10-year median of 4.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Golden Union Commercial Management (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Golden Union Commercial Management (Group) Co (SHSE:603682) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥6.97, compared to a current price of ¥9.74 — trading 39.7% above its estimated fair value. The current Return-on-Tangible-Asset is 1.21%, which is 72% below median its 10-year median of 4.31 and 33.5% below the Real Estate industry median of 1.82. Shanghai Golden Union Commercial Management (Group) Co's overall GF Score™ is 66/100 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 Shanghai Golden Union Commercial Management (Group) Co (SHSE:603682), the current Return-on-Tangible-Asset is 1.21% 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 Shanghai Golden Union Commercial Management (Group) Co (SHSE:603682) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Golden Union Commercial Management (Group) Co stock appears to be overvalued.
The current stock price of ¥9.74 is trading 39.7% above its estimated GF Value™ of ¥6.97.
GuruFocus considers Shanghai Golden Union Commercial Management (Group) Co to be Significantly Overvalued.
Key valuation signals for SHSE:603682:
Return-on-Tangible-Asset: 1.21% (72% below median its 10-year median of 4.31)
GF Value™: ¥6.97 vs. price of ¥9.74 (39.7% above fair value)
Industry Position: 33.5% below the Real Estate median (#1501 of 1803)
No single metric tells the full story. See the SHSE:603682 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Golden Union Commercial Management (Group) Co Ltd is engaged in positioning design, transformation and operation management of industrial parks and creative industrial parks. The company specializes in the field of urban renewal and provides a one-stop service for the entire value chain of existing commercial properties in cities. Its services improve the value of properties through remarketing, design and transformation of old properties, investment management, and improve the appearance of the city while tapping the historical context of architecture to promote the incubation of cultural and creative industries.
66GF Score
Get the complete analysis for SHSE:603682
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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