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Zhejiang Natural Outdoor GoodsSHSE:605080 +0.74%86 Return-on-Tangible-Asset is 7.73% as of Jun. 2026, which is 53% below its 10-year median of 16.33. GuruFocus rates SHSE:605080 with a GF Score™ of 86/100 and a GF Value™ of ¥26.34 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 857 Travel & Leisure companies, Zhejiang Natural Outdoor Goods ranks better than 73.98% on this metric.
The historical rank and industry rank for Zhejiang Natural Outdoor Goods's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:605080'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.88 Med: 16.33 Max: 24.91
Current: 6.96
During the past 10 years, Zhejiang Natural Outdoor Goods's highest Return-on-Tangible-Asset was 24.91%. The lowest was 6.88%. And the median was 16.33%.
SHSE:605080's Return-on-Tangible-Asset is ranked better than 73.98% of 857
companies
in the Travel & Leisure industry
Industry Median: 2.82
vs SHSE:605080: 6.96
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 Natural Outdoor Goods Return-on-Tangible-Asset Related Terms
Zhejiang Natural Outdoor Goods 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.
SHSE:605080 vs AS, HAS, LTH: Return-on-Tangible-Asset Comparison
For the Leisure subindustry, Zhejiang Natural Outdoor Goods'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 Natural Outdoor Goods Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Zhejiang Natural Outdoor Goods's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zhejiang Natural Outdoor Goods'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 7.73% mean?
Zhejiang Natural Outdoor Goods (SHSE:605080) has a Return-on-Tangible-Asset of 7.73% 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 Zhejiang Natural Outdoor Goods and its competitors. This is 53% below median its historical median of 16.33. Over the past decade, Zhejiang Natural Outdoor Goods' Return-on-Tangible-Asset has ranged from 6.88 to 24.91. According to the industry distribution chart, Zhejiang Natural Outdoor Goods ranks #223 out of 857 companies in the Travel & Leisure industry, placing it in the top 26%.
Is Zhejiang Natural Outdoor Goods' Return-on-Tangible-Asset too high?
Zhejiang Natural Outdoor Goods' current Return-on-Tangible-Asset of 7.73% is 53% below median its 10-year median of 16.33. Over the past 10 years, this metric has ranged from a low of 6.88 to a high of 24.91. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.82. Zhejiang Natural Outdoor Goods' value of 7.73% is 174.1% above this industry median. Based on the distribution chart, Zhejiang Natural Outdoor Goods ranks #223 out of 857 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Zhejiang Natural Outdoor Goods has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Natural Outdoor Goods' Return-on-Tangible-Asset compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Zhejiang Natural Outdoor Goods ranks #223 out of 857 companies for Return-on-Tangible-Asset. This puts Zhejiang Natural Outdoor Goods in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.82. Zhejiang Natural Outdoor Goods' value of 7.73% is 174.1% above this benchmark. Historically, Zhejiang Natural Outdoor Goods' own Return-on-Tangible-Asset has ranged from 6.88 to 24.91 over the past decade. While the company's 10-year median is 16.33 vs. the industry median of 2.82, Zhejiang Natural Outdoor Goods 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.82, based on 857 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. Zhejiang Natural Outdoor Goods's current Return-on-Tangible-Asset of 7.73% is 174.1% 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 Zhejiang Natural Outdoor Goods and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Natural Outdoor Goods's current Return-on-Tangible-Asset is 7.73%, which is 53% below median its own 10-year median of 16.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Natural Outdoor Goods stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Natural Outdoor Goods (SHSE:605080) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥26.34, compared to a current price of ¥23.07 — trading 12.4% below its estimated fair value. The current Return-on-Tangible-Asset is 7.73%, which is 53% below median its 10-year median of 16.33 and 174.1% above the Travel & Leisure industry median of 2.82. Zhejiang Natural Outdoor Goods' overall GF Score™ is 86/100 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 Zhejiang Natural Outdoor Goods (SHSE:605080), the current Return-on-Tangible-Asset is 7.73% 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 Zhejiang Natural Outdoor Goods (SHSE:605080) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Natural Outdoor Goods stock appears to be undervalued.
The current stock price of ¥23.07 is trading 12.4% below its estimated GF Value™ of ¥26.34.
GuruFocus considers Zhejiang Natural Outdoor Goods to be Modestly Undervalued.
Key valuation signals for SHSE:605080:
Return-on-Tangible-Asset: 7.73% (53% below median its 10-year median of 16.33)
GF Value™: ¥26.34 vs. price of ¥23.07 (12.4% below fair value)
Industry Position: 174.1% above the Travel & Leisure median (#223 of 857)
No single metric tells the full story. See the SHSE:605080 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Natural Outdoor Goods Inc is engaged in the research and development, design, production and sales of outdoor sports products such as inflatable mattresses, outdoor luggage, headrest cushions and others.
86GF Score
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