Sunrise Manufacture Group Co (SHSE:605138) Return-on-Tangible-Asset: -0.35% (As of Jun. 2026)

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SHSE:605138 Sunrise Manufacture Group Co Ltd SHSE:605138
63 GF Score
Price ¥6.13
GF Value ¥5.89
Valuation Fairly Valued
! 7 Warning Signs
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What is Sunrise Manufacture Group Co Return-on-Tangible-Asset?

Sunrise Manufacture Group Co SHSE:605138 -3.92% 63 Return-on-Tangible-Asset is -0.35% as of Jun. 2026. GuruFocus rates SHSE:605138 with a GF Score™ of 63/100 and a GF Value™ of ¥5.89 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,068 Manufacturing - Apparel & Accessories companies, Sunrise Manufacture Group Co ranks better than 52.53% 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. Sunrise Manufacture Group Co's annualized Net Income for the quarter that ended in Jun. 2026 was ¥-21 Mil. Sunrise Manufacture Group Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥5,872 Mil. Therefore, Sunrise Manufacture Group Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -0.35%.

The historical rank and industry rank for Sunrise Manufacture Group Co's Return-on-Tangible-Asset or its related term are showing as below:

SHSE:605138' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.51   Med: 5.52   Max: 6.38
Current: 2.66

During the past 9 years, Sunrise Manufacture Group Co's highest Return-on-Tangible-Asset was 6.38%. The lowest was 0.51%. And the median was 5.52%.

SHSE:605138's Return-on-Tangible-Asset is ranked better than
52.53% of 1068 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.405 vs SHSE:605138: 2.66

Sunrise Manufacture Group Co  (SHSE:605138) 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 company’s 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 company’s 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.


Sunrise Manufacture Group Co Return-on-Tangible-Asset Related Terms


Sunrise Manufacture Group Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Sunrise Manufacture Group 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.

Sunrise Manufacture Group Co Return-on-Tangible-Asset Chart

Sunrise Manufacture Group Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only 5.78 6.08 1.57 0.77 0.51

Sunrise Manufacture Group Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.51 -0.56 10.98 -0.35

Sunrise Manufacture Group Co Return-on-Tangible-Asset Competitor Comparison

For the Textile Manufacturing subindustry, Sunrise Manufacture Group 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.


Sunrise Manufacture Group Co Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sunrise Manufacture Group Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Sunrise Manufacture Group Co's Return-on-Tangible-Asset falls into.


SHSE:605138
63GF Score
Sunrise Manufacture Group Co Ltd SHSE:605138
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sunrise Manufacture Group Co Return-on-Tangible-Asset Calculation

Sunrise Manufacture Group Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=30.37/( (5700.301+6133.711)/ 2 )
=30.37/5917.006
=0.51 %

Sunrise Manufacture Group Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=-20.588/( (5915.821+5827.476)/ 2 )
=-20.588/5871.6485
=-0.35 %

* 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 -0.35% mean?
Sunrise Manufacture Group Co (SHSE:605138) has a Return-on-Tangible-Asset of -0.35% 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 Sunrise Manufacture Group Co and its competitors. Over the past decade, Sunrise Manufacture Group Co's Return-on-Tangible-Asset has ranged from 0.51 to 6.38. According to the industry distribution chart, Sunrise Manufacture Group Co ranks #507 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 47.5%.
Is Sunrise Manufacture Group Co's Return-on-Tangible-Asset too high?
Sunrise Manufacture Group Co's current Return-on-Tangible-Asset is -0.35%. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 6.38. Based on the distribution chart, Sunrise Manufacture Group Co ranks #507 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Sunrise Manufacture Group Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sunrise Manufacture Group Co's Return-on-Tangible-Asset compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sunrise Manufacture Group Co ranks #507 out of 1068 companies for Return-on-Tangible-Asset. This puts Sunrise Manufacture Group Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.41. Historically, Sunrise Manufacture Group Co's own Return-on-Tangible-Asset has ranged from 0.51 to 6.38 over the past decade. 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.41, based on 1,068 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. 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 Sunrise Manufacture Group Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunrise Manufacture Group Co's current Return-on-Tangible-Asset is -0.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunrise Manufacture Group Co stock overvalued right now?
Based on GuruFocus' analysis, Sunrise Manufacture Group Co (SHSE:605138) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.89, compared to a current price of ¥6.13 — trading 4.1% above its estimated fair value. The current Return-on-Tangible-Asset is -0.35%. Sunrise Manufacture Group Co's overall GF Score™ is 63/100 with 7 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 Sunrise Manufacture Group Co (SHSE:605138), the current Return-on-Tangible-Asset is -0.35% 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 Sunrise Manufacture Group Co (SHSE:605138) Overvalued in 2026?

Based on GuruFocus' analysis, Sunrise Manufacture Group Co stock appears to be overvalued. The current stock price of ¥6.13 is trading 4.1% above its estimated GF Value™ of ¥5.89. GuruFocus considers Sunrise Manufacture Group Co to be Fairly Valued.

Key valuation signals for SHSE:605138:

  • Return-on-Tangible-Asset: -0.35%
  • GF Value™: ¥5.89 vs. price of ¥6.13 (4.1% above fair value)
  • GF Score™: 63/100 with 7 warning signs

No single metric tells the full story. See the SHSE:605138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sunrise Manufacture Group Co Business Description

Address Shengzhou Economic Development Zone, Chengdong District, Zhejiang Province, Shengzhou, CHN, 312400
Sunrise Manufacture Group Co Ltd is engaged in the production and sales of textile fabrics and garments.
63GF Score

Get the complete analysis for SHSE:605138

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥6.13
Price
¥5.89
GF Value