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Chongqing Sifang New Materials CoSHSE:605122 -0.17%55 Return-on-Tangible-Asset is 0.10% as of Jun. 2026, which is 98% below its 10-year median of 5.01. GuruFocus rates SHSE:605122 with a GF Score™ of 55/100 and a GF Value™ of ¥7.81 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 414 Building Materials companies, Chongqing Sifang New Materials Co ranks worse than 90.82% on this metric.
The historical rank and industry rank for Chongqing Sifang New Materials Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:605122'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.55 Med: 5.01 Max: 13.42
Current: -9.33
During the past 10 years, Chongqing Sifang New Materials Co's highest Return-on-Tangible-Asset was 13.42%. The lowest was -9.55%. And the median was 5.01%.
SHSE:605122's Return-on-Tangible-Asset is ranked worse than 90.82% of 414
companies
in the Building Materials industry
Industry Median: 2.49
vs SHSE:605122: -9.33
Chongqing Sifang New Materials Co (SHSE:605122) 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.
Chongqing Sifang New Materials Co Return-on-Tangible-Asset Related Terms
Chongqing Sifang New Materials 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.
Chongqing Sifang New Materials Co Return-on-Tangible-Asset Chart
SHSE:605122 vs CRH, MLM, VMC: Return-on-Tangible-Asset Comparison
For the Building Materials subindustry, Chongqing Sifang New Materials 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.
Chongqing Sifang New Materials Co Return-on-Tangible-Asset vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Chongqing Sifang New Materials Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Chongqing Sifang New Materials 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 0.10% mean?
Chongqing Sifang New Materials Co (SHSE:605122) has a Return-on-Tangible-Asset of 0.10% 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 Chongqing Sifang New Materials Co and its competitors. This is 98% below median its historical median of 5.01. According to the industry distribution chart, Chongqing Sifang New Materials Co ranks #376 out of 414 companies in the Building Materials industry, placing it in the top 90.8%.
Is Chongqing Sifang New Materials Co's Return-on-Tangible-Asset too high?
Chongqing Sifang New Materials Co's current Return-on-Tangible-Asset of 0.10% is 98% below median its 10-year median of 5.01. The Building Materials industry median Return-on-Tangible-Asset is 2.49. Chongqing Sifang New Materials Co's value of 0.10% is 96% below this industry median. Based on the distribution chart, Chongqing Sifang New Materials Co ranks #376 out of 414 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Chongqing Sifang New Materials Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Sifang New Materials Co's Return-on-Tangible-Asset compare to CRH and MLM?
According to the Building Materials industry distribution chart, Chongqing Sifang New Materials Co ranks #376 out of 414 companies for Return-on-Tangible-Asset. This places Chongqing Sifang New Materials Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.49. Chongqing Sifang New Materials Co's value of 0.10% is 96% below this benchmark. While the company's 10-year median is 5.01 vs. the industry median of 2.49, Chongqing Sifang New Materials 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 Building Materials company?
The median Return-on-Tangible-Asset among Building Materials companies is 2.49, based on 414 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. Chongqing Sifang New Materials Co's current Return-on-Tangible-Asset of 0.10% is 96% 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 Chongqing Sifang New Materials Co and its competitors. For the Building Materials industry, the median Return-on-Tangible-Asset is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Sifang New Materials Co's current Return-on-Tangible-Asset is 0.10%, which is 98% below median its own 10-year median of 5.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Sifang New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Sifang New Materials Co (SHSE:605122) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.81, compared to a current price of ¥11.91 — trading 52.5% above its estimated fair value. The current Return-on-Tangible-Asset is 0.10%, which is 98% below median its 10-year median of 5.01 and 96% below the Building Materials industry median of 2.49. Chongqing Sifang New Materials Co's overall GF Score™ is 55/100 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 Chongqing Sifang New Materials Co (SHSE:605122), the current Return-on-Tangible-Asset is 0.10% 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 Chongqing Sifang New Materials Co (SHSE:605122) Overvalued in 2026?
Based on GuruFocus' analysis, Chongqing Sifang New Materials Co stock appears to be overvalued.
The current stock price of ¥11.91 is trading 52.5% above its estimated GF Value™ of ¥7.81.
GuruFocus considers Chongqing Sifang New Materials Co to be Significantly Overvalued.
Key valuation signals for SHSE:605122:
Return-on-Tangible-Asset: 0.10% (98% below median its 10-year median of 5.01)
GF Value™: ¥7.81 vs. price of ¥11.91 (52.5% above fair value)
Industry Position: 96% below the Building Materials median (#376 of 414)
No single metric tells the full story. See the SHSE:605122 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chongqing Sifang New Materials Co Ltd is a construction material manufacturer that focuses on the research, development, production and sales of commercial concrete and also produces aggregates for construction. The company's products are widely used in infrastructure construction such as roads, bridges, tunnels, water conservancy, and industrial and civil real estate construction.
55GF Score
Get the complete analysis for SHSE:605122
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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