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Jiangxi Jovo Energy CoSHSE:605090 +0.60%84 Return-on-Tangible-Asset is 13.59% as of Jun. 2026, which is 29% above its 10-year median of 10.52. GuruFocus rates SHSE:605090 with a GF Score™ of 84/100 and a GF Value™ of ¥24.05 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,035 Oil & Gas companies, Jiangxi Jovo Energy Co ranks better than 85.7% 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. Jiangxi Jovo Energy Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥2,063 Mil. Jiangxi Jovo Energy Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥15,183 Mil. Therefore, Jiangxi Jovo Energy Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 13.59%.
The historical rank and industry rank for Jiangxi Jovo Energy Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:605090'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.59 Med: 10.52 Max: 19.9
Current: 10.87
During the past 11 years, Jiangxi Jovo Energy Co's highest Return-on-Tangible-Asset was 19.90%. The lowest was 4.59%. And the median was 10.52%.
SHSE:605090's Return-on-Tangible-Asset is ranked better than 85.7% of 1035
companies
in the Oil & Gas industry
Industry Median: 2.68
vs SHSE:605090: 10.87
Jiangxi Jovo Energy Co (SHSE:605090) 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.
Jiangxi Jovo Energy Co Return-on-Tangible-Asset Related Terms
Jiangxi Jovo Energy Co Return-on-Tangible-Asset Historical Data
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The historical data trend for Jiangxi Jovo Energy 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.
Jiangxi Jovo Energy Co Return-on-Tangible-Asset Chart
SHSE:605090 vs WMB, EPD, ET: Return-on-Tangible-Asset Comparison
For the Oil & Gas Midstream subindustry, Jiangxi Jovo Energy 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.
Jiangxi Jovo Energy Co Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Jiangxi Jovo Energy Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Jiangxi Jovo Energy 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 13.59% mean?
Jiangxi Jovo Energy Co (SHSE:605090) has a Return-on-Tangible-Asset of 13.59% 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 Jiangxi Jovo Energy Co and its competitors. This is 29% above median its historical median of 10.52. Over the past decade, Jiangxi Jovo Energy Co's Return-on-Tangible-Asset has ranged from 4.59 to 19.90. According to the industry distribution chart, Jiangxi Jovo Energy Co ranks #148 out of 1035 companies in the Oil & Gas industry, placing it in the top 14.3%.
Is Jiangxi Jovo Energy Co's Return-on-Tangible-Asset too high?
Jiangxi Jovo Energy Co's current Return-on-Tangible-Asset of 13.59% is 29% above median its 10-year median of 10.52. Over the past 10 years, this metric has ranged from a low of 4.59 to a high of 19.90. The Oil & Gas industry median Return-on-Tangible-Asset is 2.68. Jiangxi Jovo Energy Co's value of 13.59% is 407.1% above this industry median. Based on the distribution chart, Jiangxi Jovo Energy Co ranks #148 out of 1035 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangxi Jovo Energy Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Jovo Energy Co's Return-on-Tangible-Asset compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Jiangxi Jovo Energy Co ranks #148 out of 1035 companies for Return-on-Tangible-Asset. This places Jiangxi Jovo Energy Co in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.68. Jiangxi Jovo Energy Co's value of 13.59% is 407.1% above this benchmark. Historically, Jiangxi Jovo Energy Co's own Return-on-Tangible-Asset has ranged from 4.59 to 19.90 over the past decade. While the company's 10-year median is 10.52 vs. the industry median of 2.68, Jiangxi Jovo Energy 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 an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.68, based on 1,035 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. Jiangxi Jovo Energy Co's current Return-on-Tangible-Asset of 13.59% is 407.1% 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 Jiangxi Jovo Energy Co and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangxi Jovo Energy Co's current Return-on-Tangible-Asset is 13.59%, which is 29% above median its own 10-year median of 10.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Jovo Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangxi Jovo Energy Co (SHSE:605090) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥24.05, compared to a current price of ¥33.73 — trading 40.2% above its estimated fair value. The current Return-on-Tangible-Asset is 13.59%, which is 29% above median its 10-year median of 10.52 and 407.1% above the Oil & Gas industry median of 2.68. Jiangxi Jovo Energy Co's overall GF Score™ is 84/100 with 6 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 Jiangxi Jovo Energy Co (SHSE:605090), the current Return-on-Tangible-Asset is 13.59% 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 Jiangxi Jovo Energy Co (SHSE:605090) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangxi Jovo Energy Co stock appears to be overvalued.
The current stock price of ¥33.73 is trading 40.2% above its estimated GF Value™ of ¥24.05.
GuruFocus considers Jiangxi Jovo Energy Co to be Significantly Overvalued.
Key valuation signals for SHSE:605090:
Return-on-Tangible-Asset: 13.59% (29% above median its 10-year median of 10.52)
GF Value™: ¥24.05 vs. price of ¥33.73 (40.2% above fair value)
Industry Position: 407.1% above the Oil & Gas median (#148 of 1035)
No single metric tells the full story. See the SHSE:605090 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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