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Zoy Home Furnishing CoSHSE:603709 -1.04%72 Return-on-Tangible-Asset is 0.38% as of Jun. 2026, which is 86% below its 10-year median of 2.70. GuruFocus rates SHSE:603709 with a GF Score™ of 72/100 and a GF Value™ of ¥16.09 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 437 Furnishings, Fixtures & Appliances companies, Zoy Home Furnishing Co ranks worse than 71.62% 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. Zoy Home Furnishing Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥5 Mil. Zoy Home Furnishing Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥1,368 Mil. Therefore, Zoy Home Furnishing Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 0.38%.
The historical rank and industry rank for Zoy Home Furnishing Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603709'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.22 Med: 2.7 Max: 24.62
Current: -1.19
During the past 13 years, Zoy Home Furnishing Co's highest Return-on-Tangible-Asset was 24.62%. The lowest was -4.22%. And the median was 2.70%.
SHSE:603709's Return-on-Tangible-Asset is ranked worse than 71.62% of 437
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.59
vs SHSE:603709: -1.19
Zoy Home Furnishing Co (SHSE:603709) 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.
Zoy Home Furnishing Co Return-on-Tangible-Asset Related Terms
Zoy Home Furnishing Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Zoy Home Furnishing 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.
Zoy Home Furnishing Co Return-on-Tangible-Asset Chart
SHSE:603709 vs SN, SGI, MHK: Return-on-Tangible-Asset Comparison
For the Furnishings, Fixtures & Appliances subindustry, Zoy Home Furnishing 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.
Zoy Home Furnishing Co Return-on-Tangible-Asset vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Zoy Home Furnishing Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zoy Home Furnishing 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 0.38% mean?
Zoy Home Furnishing Co (SHSE:603709) has a Return-on-Tangible-Asset of 0.38% 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 Zoy Home Furnishing Co and its competitors. This is 86% below median its historical median of 2.70. According to the industry distribution chart, Zoy Home Furnishing Co ranks #313 out of 437 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 71.6%.
Is Zoy Home Furnishing Co's Return-on-Tangible-Asset too high?
Zoy Home Furnishing Co's current Return-on-Tangible-Asset of 0.38% is 86% below median its 10-year median of 2.70. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Asset is 2.59. Zoy Home Furnishing Co's value of 0.38% is 85.3% below this industry median. Based on the distribution chart, Zoy Home Furnishing Co ranks #313 out of 437 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Zoy Home Furnishing Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zoy Home Furnishing Co's Return-on-Tangible-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Zoy Home Furnishing Co ranks #313 out of 437 companies for Return-on-Tangible-Asset. This places Zoy Home Furnishing Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.59. Zoy Home Furnishing Co's value of 0.38% is 85.3% below this benchmark. While the company's 10-year median is 2.70 vs. the industry median of 2.59, Zoy Home Furnishing 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Asset among Furnishings, Fixtures & Appliances companies is 2.59, based on 437 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. Zoy Home Furnishing Co's current Return-on-Tangible-Asset of 0.38% is 85.3% 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 Zoy Home Furnishing Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Asset is 2.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zoy Home Furnishing Co's current Return-on-Tangible-Asset is 0.38%, which is 86% below median its own 10-year median of 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zoy Home Furnishing Co stock overvalued right now?
Based on GuruFocus' analysis, Zoy Home Furnishing Co (SHSE:603709) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥16.09, compared to a current price of ¥12.39 — trading 23% below its estimated fair value. The current Return-on-Tangible-Asset is 0.38%, which is 86% below median its 10-year median of 2.70 and 85.3% below the Furnishings, Fixtures & Appliances industry median of 2.59. Zoy Home Furnishing Co's overall GF Score™ is 72/100 with 5 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 Zoy Home Furnishing Co (SHSE:603709), the current Return-on-Tangible-Asset is 0.38% 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 Zoy Home Furnishing Co (SHSE:603709) Overvalued in 2026?
Based on GuruFocus' analysis, Zoy Home Furnishing Co stock appears to be undervalued.
The current stock price of ¥12.39 is trading 23% below its estimated GF Value™ of ¥16.09.
GuruFocus considers Zoy Home Furnishing Co to be Modestly Undervalued.
Key valuation signals for SHSE:603709:
Return-on-Tangible-Asset: 0.38% (86% below median its 10-year median of 2.70)
GF Value™: ¥16.09 vs. price of ¥12.39 (23% below fair value)
Industry Position: 85.3% below the Furnishings, Fixtures & Appliances median (#313 of 437)
No single metric tells the full story. See the SHSE:603709 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zoy Home Furnishing Co Ltd manufactures and markets furniture. The Company designs, produces, and sells ordinary and ergonomic sofas, and other related products. The company's products mainly include functional sofas, fixed sofas and single lounge chairs and others, such as manual function sofa, electric function sofa, armrest push back sofas, elderly chairs, household and commercial sofas and household and commercial single leisure chairs.
72GF Score
Get the complete analysis for SHSE:603709
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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