Namchow Food Group (Shanghai) Co (SHSE:605339) Return-on-Tangible-Asset: -0.04% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:605339 Namchow Food Group (Shanghai) Co Ltd SHSE:605339
65 GF Score
Price ¥13.92
GF Value ¥22.92
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Namchow Food Group (Shanghai) Co Return-on-Tangible-Asset?

Namchow Food Group (Shanghai) Co SHSE:605339 +0.65% 65 Return-on-Tangible-Asset is -0.04% as of Jun. 2026. GuruFocus rates SHSE:605339 with a GF Score™ of 65/100 and a GF Value™ of ¥22.92 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,997 Consumer Packaged Goods companies, Namchow Food Group (Shanghai) Co ranks worse than 71.11% 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. Namchow Food Group (Shanghai) Co's annualized Net Income for the quarter that ended in Jun. 2026 was ¥-2 Mil. Namchow Food Group (Shanghai) Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥4,102 Mil. Therefore, Namchow Food Group (Shanghai) Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -0.04%.

The historical rank and industry rank for Namchow Food Group (Shanghai) Co's Return-on-Tangible-Asset or its related term are showing as below:

SHSE:605339' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.18   Med: 10.07   Max: 13.85
Current: 0.18

During the past 11 years, Namchow Food Group (Shanghai) Co's highest Return-on-Tangible-Asset was 13.85%. The lowest was 0.18%. And the median was 10.07%.

SHSE:605339's Return-on-Tangible-Asset is ranked worse than
71.11% of 1997 companies
in the Consumer Packaged Goods industry
Industry Median: 3.5 vs SHSE:605339: 0.18

Namchow Food Group (Shanghai) Co  (SHSE:605339) 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.


Namchow Food Group (Shanghai) Co Return-on-Tangible-Asset Related Terms


Namchow Food Group (Shanghai) Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Namchow Food Group (Shanghai) 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.

Namchow Food Group (Shanghai) Co Return-on-Tangible-Asset Chart

Namchow Food Group (Shanghai) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.56 3.93 5.72 4.87 0.97

Namchow Food Group (Shanghai) 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 0.69 -0.70 1.15 0.29 -0.04

SHSE:605339 vs KHC, GIS: Return-on-Tangible-Asset Comparison

For the Packaged Foods subindustry, Namchow Food Group (Shanghai) 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.


Namchow Food Group (Shanghai) Co Return-on-Tangible-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Namchow Food Group (Shanghai) Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Namchow Food Group (Shanghai) Co's Return-on-Tangible-Asset falls into.


SHSE:605339
65GF Score
Namchow Food Group (Shanghai) Co Ltd SHSE:605339
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Namchow Food Group (Shanghai) Co Return-on-Tangible-Asset Calculation

Namchow Food Group (Shanghai) 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 )
=40.668/( (4242.864+4176.874)/ 2 )
=40.668/4209.869
=0.97 %

Namchow Food Group (Shanghai) 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 )
=-1.704/( (4122.521+4081.826)/ 2 )
=-1.704/4102.1735
=-0.04 %

* 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 -0.04% mean?
Namchow Food Group (Shanghai) Co (SHSE:605339) has a Return-on-Tangible-Asset of -0.04% 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 Namchow Food Group (Shanghai) Co and its competitors. Over the past decade, Namchow Food Group (Shanghai) Co's Return-on-Tangible-Asset has ranged from 0.18 to 13.85. According to the industry distribution chart, Namchow Food Group (Shanghai) Co ranks #1420 out of 1997 companies in the Consumer Packaged Goods industry, placing it in the top 71.1%.
Is Namchow Food Group (Shanghai) Co's Return-on-Tangible-Asset too high?
Namchow Food Group (Shanghai) Co's current Return-on-Tangible-Asset is -0.04%. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 13.85. Based on the distribution chart, Namchow Food Group (Shanghai) Co ranks #1420 out of 1997 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Namchow Food Group (Shanghai) Co has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Namchow Food Group (Shanghai) Co's Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Namchow Food Group (Shanghai) Co ranks #1420 out of 1997 companies for Return-on-Tangible-Asset. This places Namchow Food Group (Shanghai) Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.50. Historically, Namchow Food Group (Shanghai) Co's own Return-on-Tangible-Asset has ranged from 0.18 to 13.85 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.50, based on 1,997 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 Namchow Food Group (Shanghai) Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Namchow Food Group (Shanghai) Co's current Return-on-Tangible-Asset is -0.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Namchow Food Group (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Namchow Food Group (Shanghai) Co (SHSE:605339) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥22.92, compared to a current price of ¥13.92 — trading 39.3% below its estimated fair value. The current Return-on-Tangible-Asset is -0.04%. Namchow Food Group (Shanghai) Co's overall GF Score™ is 65/100 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 Namchow Food Group (Shanghai) Co (SHSE:605339), the current Return-on-Tangible-Asset is -0.04% 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 Namchow Food Group (Shanghai) Co (SHSE:605339) Overvalued in 2026?

Based on GuruFocus' analysis, Namchow Food Group (Shanghai) Co stock appears to be undervalued. The current stock price of ¥13.92 is trading 39.3% below its estimated GF Value™ of ¥22.92. GuruFocus considers Namchow Food Group (Shanghai) Co to be Significantly Undervalued.

Key valuation signals for SHSE:605339:

  • Return-on-Tangible-Asset: -0.04%
  • GF Value™: ¥22.92 vs. price of ¥13.92 (39.3% below fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the SHSE:605339 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Namchow Food Group (Shanghai) Co Business Description

Address No. 1397 Yishan Road, 12th Floor, Building A, Xuhui District, Shanghai, CHN, 200233
Namchow Food Group (Shanghai) Co Ltd is engaged in the research and development, production and sales of baking fat-related products.
65GF Score

Get the complete analysis for SHSE:605339

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

¥13.92
Price
¥22.92
GF Value