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Juneyao Airlines CoSHSE:603885 +0.56%72 Return-on-Tangible-Asset is 3.42% as of Mar. 2026, which is 68% above its 10-year median of 2.03. GuruFocus rates SHSE:603885 with a GF Score™ of 72/100 and a GF Value™ of ¥14.72 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,011 Transportation companies, Juneyao Airlines Co ranks worse than 62.61% 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. Juneyao Airlines Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥1,762 Mil. Juneyao Airlines Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥51,485 Mil. Therefore, Juneyao Airlines Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.42%.
The historical rank and industry rank for Juneyao Airlines Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603885'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.45 Med: 2.03 Max: 8.13
Current: 2.26
During the past 13 years, Juneyao Airlines Co's highest Return-on-Tangible-Asset was 8.13%. The lowest was -9.45%. And the median was 2.03%.
SHSE:603885's Return-on-Tangible-Asset is ranked worse than 62.61% of 1011
companies
in the Transportation industry
Industry Median: 3.78
vs SHSE:603885: 2.26
Juneyao Airlines Co (SHSE:603885) 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.
Juneyao Airlines Co Return-on-Tangible-Asset Related Terms
Juneyao Airlines Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Juneyao Airlines 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.
Juneyao Airlines Co Return-on-Tangible-Asset Chart
SHSE:603885 vs DAL, UAL, LUV: Return-on-Tangible-Asset Comparison
For the Airlines subindustry, Juneyao Airlines 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.
Juneyao Airlines Co Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Juneyao Airlines Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Juneyao Airlines 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 3.42% mean?
Juneyao Airlines Co (SHSE:603885) has a Return-on-Tangible-Asset of 3.42% 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 Juneyao Airlines Co and its competitors. This is 68% above median its historical median of 2.03. According to the industry distribution chart, Juneyao Airlines Co ranks #633 out of 1011 companies in the Transportation industry, placing it in the top 62.6%.
Is Juneyao Airlines Co's Return-on-Tangible-Asset too high?
Juneyao Airlines Co's current Return-on-Tangible-Asset of 3.42% is 68% above median its 10-year median of 2.03. The Transportation industry median Return-on-Tangible-Asset is 3.78. Juneyao Airlines Co's value of 3.42% is 9.5% below this industry median. Based on the distribution chart, Juneyao Airlines Co ranks #633 out of 1011 companies in the Transportation industry, which is below the industry midpoint. Overall, Juneyao Airlines 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 Juneyao Airlines Co's Return-on-Tangible-Asset compare to DAL and UAL?
According to the Transportation industry distribution chart, Juneyao Airlines Co ranks #633 out of 1011 companies for Return-on-Tangible-Asset. This places Juneyao Airlines Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.78. Juneyao Airlines Co's value of 3.42% is 9.5% below this benchmark. While the company's 10-year median is 2.03 vs. the industry median of 3.78, Juneyao Airlines 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.78, based on 1,011 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. Juneyao Airlines Co's current Return-on-Tangible-Asset of 3.42% is 9.5% 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 Juneyao Airlines Co and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Juneyao Airlines Co's current Return-on-Tangible-Asset is 3.42%, which is 68% above median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Juneyao Airlines Co stock overvalued right now?
Based on GuruFocus' analysis, Juneyao Airlines Co (SHSE:603885) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.72, compared to a current price of ¥10.72 — trading 27.2% below its estimated fair value. The current Return-on-Tangible-Asset is 3.42%, which is 68% above median its 10-year median of 2.03 and 9.5% below the Transportation industry median of 3.78. Juneyao Airlines Co's overall GF Score™ is 72/100 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 Juneyao Airlines Co (SHSE:603885), the current Return-on-Tangible-Asset is 3.42% 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 Juneyao Airlines Co (SHSE:603885) Overvalued in 2026?
Based on GuruFocus' analysis, Juneyao Airlines Co stock appears to be undervalued.
The current stock price of ¥10.72 is trading 27.2% below its estimated GF Value™ of ¥14.72.
GuruFocus considers Juneyao Airlines Co to be Modestly Undervalued.
Key valuation signals for SHSE:603885:
Return-on-Tangible-Asset: 3.42% (68% above median its 10-year median of 2.03)
GF Value™: ¥14.72 vs. price of ¥10.72 (27.2% below fair value)
Industry Position: 9.5% below the Transportation median (#633 of 1011)
No single metric tells the full story. See the SHSE:603885 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Juneyao Airlines Co Ltd is engaged in air passenger and cargo transportation and related aviation service business. The company is also involved in the import and export of aero equipment.
72GF Score
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