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Jason Furniture (Hangzhou) CoSHSE:603816 +0.24%92 Return-on-Tangible-Asset is 11.25% as of Mar. 2026, which is 8% below its 10-year median of 12.29. GuruFocus rates SHSE:603816 with a GF Score™ of 92/100 and a GF Value™ of ¥32.86 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 435 Furnishings, Fixtures & Appliances companies, Jason Furniture (Hangzhou) Co ranks better than 87.82% on this metric.
The historical rank and industry rank for Jason Furniture (Hangzhou) Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603816'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.4 Med: 12.29 Max: 15.78
Current: 10.38
During the past 13 years, Jason Furniture (Hangzhou) Co's highest Return-on-Tangible-Asset was 15.78%. The lowest was 7.40%. And the median was 12.29%.
SHSE:603816's Return-on-Tangible-Asset is ranked better than 87.82% of 435
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.41
vs SHSE:603816: 10.38
Jason Furniture (Hangzhou) Co (SHSE:603816) 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.
Jason Furniture (Hangzhou) Co Return-on-Tangible-Asset Related Terms
Jason Furniture (Hangzhou) 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.
Jason Furniture (Hangzhou) Co Return-on-Tangible-Asset Chart
SHSE:603816 vs SN, SGI, MHK: Return-on-Tangible-Asset Comparison
For the Furnishings, Fixtures & Appliances subindustry, Jason Furniture (Hangzhou) 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.
Jason Furniture (Hangzhou) Co Return-on-Tangible-Asset vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Jason Furniture (Hangzhou) Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Jason Furniture (Hangzhou) 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 11.25% mean?
Jason Furniture (Hangzhou) Co (SHSE:603816) has a Return-on-Tangible-Asset of 11.25% 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 Jason Furniture (Hangzhou) Co and its competitors. This is near median its historical median of 12.29. Over the past decade, Jason Furniture (Hangzhou) Co's Return-on-Tangible-Asset has ranged from 7.40 to 15.78. According to the industry distribution chart, Jason Furniture (Hangzhou) Co ranks #53 out of 435 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 12.2%.
Is Jason Furniture (Hangzhou) Co's Return-on-Tangible-Asset too high?
Jason Furniture (Hangzhou) Co's current Return-on-Tangible-Asset of 11.25% is near median its 10-year median of 12.29. Over the past 10 years, this metric has ranged from a low of 7.40 to a high of 15.78. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Asset is 2.41. Jason Furniture (Hangzhou) Co's value of 11.25% is 366.8% above this industry median. Based on the distribution chart, Jason Furniture (Hangzhou) Co ranks #53 out of 435 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Jason Furniture (Hangzhou) Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jason Furniture (Hangzhou) Co's Return-on-Tangible-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Jason Furniture (Hangzhou) Co ranks #53 out of 435 companies for Return-on-Tangible-Asset. This places Jason Furniture (Hangzhou) Co in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.41. Jason Furniture (Hangzhou) Co's value of 11.25% is 366.8% above this benchmark. Historically, Jason Furniture (Hangzhou) Co's own Return-on-Tangible-Asset has ranged from 7.40 to 15.78 over the past decade. While the company's 10-year median is 12.29 vs. the industry median of 2.41, Jason Furniture (Hangzhou) 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Asset among Furnishings, Fixtures & Appliances companies is 2.41, based on 435 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. Jason Furniture (Hangzhou) Co's current Return-on-Tangible-Asset of 11.25% is 366.8% 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 Jason Furniture (Hangzhou) Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Asset is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jason Furniture (Hangzhou) Co's current Return-on-Tangible-Asset is 11.25%, which is near median its own 10-year median of 12.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jason Furniture (Hangzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, Jason Furniture (Hangzhou) Co (SHSE:603816) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥32.86, compared to a current price of ¥24.83 — trading 24.4% below its estimated fair value. The current Return-on-Tangible-Asset is 11.25%, which is near median its 10-year median of 12.29 and 366.8% above the Furnishings, Fixtures & Appliances industry median of 2.41. Jason Furniture (Hangzhou) Co's overall GF Score™ is 92/100 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 Jason Furniture (Hangzhou) Co (SHSE:603816), the current Return-on-Tangible-Asset is 11.25% 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 Jason Furniture (Hangzhou) Co (SHSE:603816) Overvalued in 2026?
Based on GuruFocus' analysis, Jason Furniture (Hangzhou) Co stock appears to be undervalued.
The current stock price of ¥24.83 is trading 24.4% below its estimated GF Value™ of ¥32.86.
GuruFocus considers Jason Furniture (Hangzhou) Co to be Modestly Undervalued.
Key valuation signals for SHSE:603816:
Return-on-Tangible-Asset: 11.25% (near median its 10-year median of 12.29)
GF Value™: ¥32.86 vs. price of ¥24.83 (24.4% below fair value)
Industry Position: 366.8% above the Furnishings, Fixtures & Appliances median (#53 of 435)
No single metric tells the full story. See the SHSE:603816 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jason Furniture (Hangzhou) Co Ltd is a China-based company engaged in the Research and development, design, production and sales of mid- to high-end sofas, soft beds and other soft furniture products for living rooms and bedrooms.
92GF Score
Get the complete analysis for SHSE:603816
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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