Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Zhejiang Huasheng Technology CoSHSE:605180 -8.09%68 Return-on-Tangible-Asset is 1.21% as of Mar. 2026, which is 94% below its 10-year median of 18.98. GuruFocus rates SHSE:605180 with a GF Score™ of 68/100 and a GF Value™ of ¥18.00 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,064 Manufacturing - Apparel & Accessories companies, Zhejiang Huasheng Technology Co ranks worse than 52.63% on this metric.
The historical rank and industry rank for Zhejiang Huasheng Technology Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:605180'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.83 Med: 18.98 Max: 24.75
Current: 1.83
During the past 10 years, Zhejiang Huasheng Technology Co's highest Return-on-Tangible-Asset was 24.75%. The lowest was 1.83%. And the median was 18.98%.
SHSE:605180's Return-on-Tangible-Asset is ranked worse than 52.63% of 1064
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.25
vs SHSE:605180: 1.83
Zhejiang Huasheng Technology Co (SHSE:605180) 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 Huasheng Technology Co Return-on-Tangible-Asset Related Terms
Zhejiang Huasheng Technology 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 Huasheng Technology Co Return-on-Tangible-Asset Chart
Zhejiang Huasheng Technology Co Return-on-Tangible-Asset Competitor Comparison
For the Textile Manufacturing subindustry, Zhejiang Huasheng Technology 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 Huasheng Technology Co Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Huasheng Technology Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zhejiang Huasheng Technology 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 1.21% mean?
Zhejiang Huasheng Technology Co (SHSE:605180) has a Return-on-Tangible-Asset of 1.21% 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 Huasheng Technology Co and its competitors. This is 94% below median its historical median of 18.98. Over the past decade, Zhejiang Huasheng Technology Co's Return-on-Tangible-Asset has ranged from 1.83 to 24.75. According to the industry distribution chart, Zhejiang Huasheng Technology Co ranks #560 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 52.6%.
Is Zhejiang Huasheng Technology Co's Return-on-Tangible-Asset too high?
Zhejiang Huasheng Technology Co's current Return-on-Tangible-Asset of 1.21% is 94% below median its 10-year median of 18.98. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 24.75. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.25. Zhejiang Huasheng Technology Co's value of 1.21% is 46.2% below this industry median. Based on the distribution chart, Zhejiang Huasheng Technology Co ranks #560 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Zhejiang Huasheng Technology Co has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Huasheng Technology Co's Return-on-Tangible-Asset compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zhejiang Huasheng Technology Co ranks #560 out of 1064 companies for Return-on-Tangible-Asset. This places Zhejiang Huasheng Technology Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.25. Zhejiang Huasheng Technology Co's value of 1.21% is 46.2% below this benchmark. Historically, Zhejiang Huasheng Technology Co's own Return-on-Tangible-Asset has ranged from 1.83 to 24.75 over the past decade. While the company's 10-year median is 18.98 vs. the industry median of 2.25, Zhejiang Huasheng Technology 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.25, based on 1,064 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 Huasheng Technology Co's current Return-on-Tangible-Asset of 1.21% is 46.2% 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 Zhejiang Huasheng Technology Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Huasheng Technology Co's current Return-on-Tangible-Asset is 1.21%, which is 94% below median its own 10-year median of 18.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Huasheng Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Huasheng Technology Co (SHSE:605180) is currently considered Possible Value Trap. The stock's GF Value™ is ¥18.00, compared to a current price of ¥12.04 — trading 33.1% below its estimated fair value. The current Return-on-Tangible-Asset is 1.21%, which is 94% below median its 10-year median of 18.98 and 46.2% below the Manufacturing - Apparel & Accessories industry median of 2.25. Zhejiang Huasheng Technology Co's overall GF Score™ is 68/100 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 Zhejiang Huasheng Technology Co (SHSE:605180), the current Return-on-Tangible-Asset is 1.21% 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 Huasheng Technology Co (SHSE:605180) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Huasheng Technology Co stock appears to be undervalued.
The current stock price of ¥12.04 is trading 33.1% below its estimated GF Value™ of ¥18.00.
GuruFocus considers Zhejiang Huasheng Technology Co to be Possible Value Trap.
Key valuation signals for SHSE:605180:
Return-on-Tangible-Asset: 1.21% (94% below median its 10-year median of 18.98)
GF Value™: ¥18.00 vs. price of ¥12.04 (33.1% below fair value)
Industry Position: 46.2% below the Manufacturing - Apparel & Accessories median (#560 of 1064)
No single metric tells the full story. See the SHSE:605180 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Huasheng Technology Co Ltd is engaged in the research and development, production, and sales of plastic composite materials. The company's main products are airtight materials and flexible materials. Among them, airtight materials include brushed air cushion materials and inflatable yacht materials, which are mainly used in sports and leisure fields such as paddle boards, gymnastics mats, and inflatable yachts; flexible materials include canopy materials and light box advertising materials, which are mainly used in transportation, logistics and planes, advertising, and other fields.
68GF Score
Get the complete analysis for SHSE:605180
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:605180 has been successfully added to your 
