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The historical rank and industry rank for Zhejiang Shouxiangu Pharmaceutical Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603896'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.4 Med: 10.63 Max: 15
Current: -0.4
During the past 13 years, Zhejiang Shouxiangu Pharmaceutical Co's highest Return-on-Tangible-Asset was 15.00%. The lowest was -0.40%. And the median was 10.63%.
SHSE:603896's Return-on-Tangible-Asset is ranked better than 79.43% of 1415
companies
in the Biotechnology industry
Industry Median: -35.77
vs SHSE:603896: -0.40
Zhejiang Shouxiangu Pharmaceutical Co (SHSE:603896) 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.
Zhejiang Shouxiangu Pharmaceutical Co Return-on-Tangible-Asset Related Terms
Zhejiang Shouxiangu Pharmaceutical 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.
Zhejiang Shouxiangu Pharmaceutical Co Return-on-Tangible-Asset Chart
SHSE:603896 vs VRTX, REGN, RVMD: Return-on-Tangible-Asset Comparison
For the Biotechnology subindustry, Zhejiang Shouxiangu Pharmaceutical 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.
Zhejiang Shouxiangu Pharmaceutical Co Return-on-Tangible-Asset vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Zhejiang Shouxiangu Pharmaceutical Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zhejiang Shouxiangu Pharmaceutical 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 3.99% mean?
Zhejiang Shouxiangu Pharmaceutical Co (SHSE:603896) has a Return-on-Tangible-Asset of 3.99% 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 Zhejiang Shouxiangu Pharmaceutical Co and its competitors. This is 62% below median its historical median of 10.63. According to the industry distribution chart, Zhejiang Shouxiangu Pharmaceutical Co ranks #291 out of 1415 companies in the Biotechnology industry, placing it in the top 20.6%.
Is Zhejiang Shouxiangu Pharmaceutical Co's Return-on-Tangible-Asset too high?
Zhejiang Shouxiangu Pharmaceutical Co's current Return-on-Tangible-Asset of 3.99% is 62% below median its 10-year median of 10.63. Based on the distribution chart, Zhejiang Shouxiangu Pharmaceutical Co ranks #291 out of 1415 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Shouxiangu Pharmaceutical Co has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Shouxiangu Pharmaceutical Co's Return-on-Tangible-Asset compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Zhejiang Shouxiangu Pharmaceutical Co ranks #291 out of 1415 companies for Return-on-Tangible-Asset. This places Zhejiang Shouxiangu Pharmaceutical Co in the top 21% of its industry — outperforming the majority of peers. 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 Biotechnology company?
A good Return-on-Tangible-Asset depends on the Biotechnology industry context. 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 Zhejiang Shouxiangu Pharmaceutical Co and its competitors. Zhejiang Shouxiangu Pharmaceutical Co's current Return-on-Tangible-Asset is 3.99%, which is 62% below median its own 10-year median of 10.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Shouxiangu Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Shouxiangu Pharmaceutical Co (SHSE:603896) is currently considered Possible Value Trap. The stock's GF Value™ is ¥23.45, compared to a current price of ¥14.99 — trading 36.1% below its estimated fair value. The current Return-on-Tangible-Asset is 3.99%, which is 62% below median its 10-year median of 10.63. Zhejiang Shouxiangu Pharmaceutical Co's overall GF Score™ is 64/100 with 4 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 Zhejiang Shouxiangu Pharmaceutical Co (SHSE:603896), the current Return-on-Tangible-Asset is 3.99% 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 Zhejiang Shouxiangu Pharmaceutical Co (SHSE:603896) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Shouxiangu Pharmaceutical Co stock appears to be undervalued.
The current stock price of ¥14.99 is trading 36.1% below its estimated GF Value™ of ¥23.45.
GuruFocus considers Zhejiang Shouxiangu Pharmaceutical Co to be Possible Value Trap.
Key valuation signals for SHSE:603896:
Return-on-Tangible-Asset: 3.99% (62% below median its 10-year median of 10.63)
GF Value™: ¥23.45 vs. price of ¥14.99 (36.1% below fair value)
No single metric tells the full story. See the SHSE:603896 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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