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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. Shanghai Laiyifen Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥-312 Mil. Shanghai Laiyifen Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥2,730 Mil. Therefore, Shanghai Laiyifen Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -11.44%.
The historical rank and industry rank for Shanghai Laiyifen Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603777'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.98 Med: 0.66 Max: 5.86
Current: -6.98
During the past 13 years, Shanghai Laiyifen Co's highest Return-on-Tangible-Asset was 5.86%. The lowest was -6.98%. And the median was 0.66%.
SHSE:603777's Return-on-Tangible-Asset is ranked worse than 89.1% of 312
companies
in the Retail - Defensive industry
Industry Median: 3.765
vs SHSE:603777: -6.98
Shanghai Laiyifen Co (SHSE:603777) 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 Laiyifen Co Return-on-Tangible-Asset Related Terms
Shanghai Laiyifen Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Shanghai Laiyifen 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.
Shanghai Laiyifen Co Return-on-Tangible-Asset Chart
SHSE:603777 vs KR: Return-on-Tangible-Asset Comparison
For the Grocery Stores subindustry, Shanghai Laiyifen 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 Laiyifen Co Return-on-Tangible-Asset vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Shanghai Laiyifen Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shanghai Laiyifen 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 -11.44% mean?
Shanghai Laiyifen Co (SHSE:603777) has a Return-on-Tangible-Asset of -11.44% 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 Laiyifen Co and its competitors. According to the industry distribution chart, Shanghai Laiyifen Co ranks #278 out of 312 companies in the Retail - Defensive industry, placing it in the top 89.1%.
Is Shanghai Laiyifen Co's Return-on-Tangible-Asset too high?
Shanghai Laiyifen Co's current Return-on-Tangible-Asset is -11.44%. Based on the distribution chart, Shanghai Laiyifen Co ranks #278 out of 312 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Shanghai Laiyifen Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Laiyifen Co's Return-on-Tangible-Asset compare to KR?
According to the Retail - Defensive industry distribution chart, Shanghai Laiyifen Co ranks #278 out of 312 companies for Return-on-Tangible-Asset. This places Shanghai Laiyifen Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.77. 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 Retail - Defensive company?
The median Return-on-Tangible-Asset among Retail - Defensive companies is 3.77, based on 312 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. 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 Laiyifen Co and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Asset is 3.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Laiyifen Co's current Return-on-Tangible-Asset is -11.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Laiyifen Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Laiyifen Co (SHSE:603777) is currently considered Fairly Valued. The stock's GF Value™ is ¥12.89, compared to a current price of ¥14.00 — trading 8.6% above its estimated fair value. The current Return-on-Tangible-Asset is -11.44%. Shanghai Laiyifen Co's overall GF Score™ is 65/100 with 2 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 Laiyifen Co (SHSE:603777), the current Return-on-Tangible-Asset is -11.44% 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 Laiyifen Co (SHSE:603777) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Laiyifen Co stock appears to be overvalued.
The current stock price of ¥14.00 is trading 8.6% above its estimated GF Value™ of ¥12.89.
GuruFocus considers Shanghai Laiyifen Co to be Fairly Valued.
Key valuation signals for SHSE:603777:
Return-on-Tangible-Asset: -11.44%
GF Value™: ¥12.89 vs. price of ¥14.00 (8.6% above fair value)
No single metric tells the full story. See the SHSE:603777 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Laiyifen Co Ltd is an omnichannel operator of its own branded snack foods. The company's core brand is Lai Yifen. Its products cover nuts, meat products, dried fruit, pastries, vegetables, soy products and 9 categories of snack foods such as aquatic products, chocolate candies/jelly and puffed.
65GF Score
Get the complete analysis for SHSE:603777
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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