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SHSE:605377's Return-on-Tangible-Asset is ranked better than 79.79% of 287
companies
in the Forest Products industry
Industry Median: 0.98
vs SHSE:605377: 4.41
Hangzhou Huawang New Material Technology Co (SHSE:605377) 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.
Hangzhou Huawang New Material Technology Co Return-on-Tangible-Asset Related Terms
Hangzhou Huawang New Material 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.
Hangzhou Huawang New Material Technology Co Return-on-Tangible-Asset Chart
Hangzhou Huawang New Material Technology Co Annual Data
Hangzhou Huawang New Material Technology Co Return-on-Tangible-Asset Competitor Comparison
For the Paper & Paper Products subindustry, Hangzhou Huawang New Material 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.
Hangzhou Huawang New Material Technology Co Return-on-Tangible-Asset vs Forest Products Industry
* 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 4.42% mean?
Hangzhou Huawang New Material Technology Co (SHSE:605377) has a Return-on-Tangible-Asset of 4.42% 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 Hangzhou Huawang New Material Technology Co and its competitors. This is 55% below median its historical median of 9.87. Over the past decade, Hangzhou Huawang New Material Technology Co's Return-on-Tangible-Asset has ranged from 4.41 to 12.30. According to the industry distribution chart, Hangzhou Huawang New Material Technology Co ranks #58 out of 287 companies in the Forest Products industry, placing it in the top 20.2%.
Is Hangzhou Huawang New Material Technology Co's Return-on-Tangible-Asset too high?
Hangzhou Huawang New Material Technology Co's current Return-on-Tangible-Asset of 4.42% is 55% below median its 10-year median of 9.87. Over the past 10 years, this metric has ranged from a low of 4.41 to a high of 12.30. The Forest Products industry median Return-on-Tangible-Asset is 0.98. Hangzhou Huawang New Material Technology Co's value of 4.42% is 351% above this industry median. Based on the distribution chart, Hangzhou Huawang New Material Technology Co ranks #58 out of 287 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Hangzhou Huawang New Material Technology Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Huawang New Material Technology Co's Return-on-Tangible-Asset compare to competitors?
According to the Forest Products industry distribution chart, Hangzhou Huawang New Material Technology Co ranks #58 out of 287 companies for Return-on-Tangible-Asset. This places Hangzhou Huawang New Material Technology Co in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.98. Hangzhou Huawang New Material Technology Co's value of 4.42% is 351% above this benchmark. Historically, Hangzhou Huawang New Material Technology Co's own Return-on-Tangible-Asset has ranged from 4.41 to 12.30 over the past decade. While the company's 10-year median is 9.87 vs. the industry median of 0.98, Hangzhou Huawang New Material Technology 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 a Forest Products company?
The median Return-on-Tangible-Asset among Forest Products companies is 0.98, based on 287 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. Hangzhou Huawang New Material Technology Co's current Return-on-Tangible-Asset of 4.42% is 351% 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 Hangzhou Huawang New Material Technology Co and its competitors. For the Forest Products industry, the median Return-on-Tangible-Asset is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Huawang New Material Technology Co's current Return-on-Tangible-Asset is 4.42%, which is 55% below median its own 10-year median of 9.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Huawang New Material Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Huawang New Material Technology Co (SHSE:605377) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.44, compared to a current price of ¥8.16 — trading 13.6% below its estimated fair value. The current Return-on-Tangible-Asset is 4.42%, which is 55% below median its 10-year median of 9.87 and 351% above the Forest Products industry median of 0.98. Hangzhou Huawang New Material Technology Co's overall GF Score™ is 90/100 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 Hangzhou Huawang New Material Technology Co (SHSE:605377), the current Return-on-Tangible-Asset is 4.42% 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 Hangzhou Huawang New Material Technology Co (SHSE:605377) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou Huawang New Material Technology Co stock appears to be undervalued.
The current stock price of ¥8.16 is trading 13.6% below its estimated GF Value™ of ¥9.44.
GuruFocus considers Hangzhou Huawang New Material Technology Co to be Modestly Undervalued.
Key valuation signals for SHSE:605377:
Return-on-Tangible-Asset: 4.42% (55% below median its 10-year median of 9.87)
GF Value™: ¥9.44 vs. price of ¥8.16 (13.6% below fair value)
Industry Position: 351% above the Forest Products median (#58 of 287)
No single metric tells the full story. See the SHSE:605377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou Huawang New Material Technology Co Ltd is engaged in the production and sales of printable decorative base paper and plain decorative base paper, as well as wood pulp trading business.
90GF Score
Get the complete analysis for SHSE:605377
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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