Intco Recycling Resources Co (SHSE:688087) Return-on-Tangible-Asset: 2.82% (As of Mar. 2026) — 68% Below Median

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SHSE:688087 Intco Recycling Resources Co Ltd SHSE:688087
82 GF Score
Price ¥39.78
GF Value ¥40.91
Valuation Fairly Valued
! 6 Warning Signs
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What is Intco Recycling Resources Co Return-on-Tangible-Asset?

Intco Recycling Resources Co SHSE:688087 +1.82% 82 Return-on-Tangible-Asset is 2.82% as of Mar. 2026, which is 68% below its 10-year median of 8.87. GuruFocus rates SHSE:688087 with a GF Score™ of 82/100 and a GF Value™ of ¥40.91 (Fairly Valued). The stock has 6 warning signs investors should review. Among 247 Waste Management companies, Intco Recycling Resources Co ranks better than 57.89% 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. Intco Recycling Resources Co's annualized Net Income for the quarter that ended in Mar. 2026 was ¥204 Mil. Intco Recycling Resources Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥7,246 Mil. Therefore, Intco Recycling Resources Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.82%.

The historical rank and industry rank for Intco Recycling Resources Co's Return-on-Tangible-Asset or its related term are showing as below:

SHSE:688087' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.87   Med: 8.87   Max: 18.43
Current: 3.87

During the past 9 years, Intco Recycling Resources Co's highest Return-on-Tangible-Asset was 18.43%. The lowest was 3.87%. And the median was 8.87%.

SHSE:688087's Return-on-Tangible-Asset is ranked better than
57.89% of 247 companies
in the Waste Management industry
Industry Median: 2.29 vs SHSE:688087: 3.87

Intco Recycling Resources Co  (SHSE:688087) 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.


Intco Recycling Resources Co Return-on-Tangible-Asset Related Terms


Intco Recycling Resources Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Intco Recycling Resources 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.

Intco Recycling Resources Co Return-on-Tangible-Asset Chart

Intco Recycling Resources 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 14.22 9.32 5.87 6.68 4.55

Intco Recycling Resources Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.05 4.59 4.74 3.37 2.82

SHSE:688087 vs WM, RSG, WCN: Return-on-Tangible-Asset Comparison

For the Waste Management subindustry, Intco Recycling Resources 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.


Intco Recycling Resources Co Return-on-Tangible-Asset vs Waste Management Industry

For the Waste Management industry and Industrials sector, Intco Recycling Resources Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Intco Recycling Resources Co's Return-on-Tangible-Asset falls into.


SHSE:688087
82GF Score
Intco Recycling Resources Co Ltd SHSE:688087
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Intco Recycling Resources Co Return-on-Tangible-Asset Calculation

Intco Recycling Resources 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 )
=285.735/( (5343.694+7217.459)/ 2 )
=285.735/6280.5765
=4.55 %

Intco Recycling Resources Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=204.176/( (7217.459+7274.395)/ 2 )
=204.176/7245.927
=2.82 %

* 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 2.82% mean?
Intco Recycling Resources Co (SHSE:688087) has a Return-on-Tangible-Asset of 2.82% 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 Intco Recycling Resources Co and its competitors. This is 68% below median its historical median of 8.87. Over the past decade, Intco Recycling Resources Co's Return-on-Tangible-Asset has ranged from 3.87 to 18.43. According to the industry distribution chart, Intco Recycling Resources Co ranks #104 out of 247 companies in the Waste Management industry, placing it in the top 42.1%.
Is Intco Recycling Resources Co's Return-on-Tangible-Asset too high?
Intco Recycling Resources Co's current Return-on-Tangible-Asset of 2.82% is 68% below median its 10-year median of 8.87. Over the past 10 years, this metric has ranged from a low of 3.87 to a high of 18.43. The Waste Management industry median Return-on-Tangible-Asset is 2.29. Intco Recycling Resources Co's value of 2.82% is 23.1% above this industry median. Based on the distribution chart, Intco Recycling Resources Co ranks #104 out of 247 companies in the Waste Management industry, which is above the industry midpoint. Overall, Intco Recycling Resources Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Intco Recycling Resources Co's Return-on-Tangible-Asset compare to WM and RSG?
According to the Waste Management industry distribution chart, Intco Recycling Resources Co ranks #104 out of 247 companies for Return-on-Tangible-Asset. This puts Intco Recycling Resources Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.29. Intco Recycling Resources Co's value of 2.82% is 23.1% above this benchmark. Historically, Intco Recycling Resources Co's own Return-on-Tangible-Asset has ranged from 3.87 to 18.43 over the past decade. While the company's 10-year median is 8.87 vs. the industry median of 2.29, Intco Recycling Resources 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 Waste Management company?
The median Return-on-Tangible-Asset among Waste Management companies is 2.29, based on 247 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. Intco Recycling Resources Co's current Return-on-Tangible-Asset of 2.82% is 23.1% 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 Intco Recycling Resources Co and its competitors. For the Waste Management industry, the median Return-on-Tangible-Asset is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intco Recycling Resources Co's current Return-on-Tangible-Asset is 2.82%, which is 68% below median its own 10-year median of 8.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intco Recycling Resources Co stock overvalued right now?
Based on GuruFocus' analysis, Intco Recycling Resources Co (SHSE:688087) is currently considered Fairly Valued. The stock's GF Value™ is ¥40.91, compared to a current price of ¥39.78 — trading 2.8% below its estimated fair value. The current Return-on-Tangible-Asset is 2.82%, which is 68% below median its 10-year median of 8.87 and 23.1% above the Waste Management industry median of 2.29. Intco Recycling Resources Co's overall GF Score™ is 82/100 with 6 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 Intco Recycling Resources Co (SHSE:688087), the current Return-on-Tangible-Asset is 2.82% 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 Intco Recycling Resources Co (SHSE:688087) Overvalued in 2026?

Based on GuruFocus' analysis, Intco Recycling Resources Co stock appears to be undervalued. The current stock price of ¥39.78 is trading 2.8% below its estimated GF Value™ of ¥40.91. GuruFocus considers Intco Recycling Resources Co to be Fairly Valued.

Key valuation signals for SHSE:688087:

  • Return-on-Tangible-Asset: 2.82% (68% below median its 10-year median of 8.87)
  • GF Value™: ¥40.91 vs. price of ¥39.78 (2.8% below fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 23.1% above the Waste Management median (#104 of 247)

No single metric tells the full story. See the SHSE:688087 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Intco Recycling Resources Co Business Description

Address Qingtian Road, Qilu Chemical Industrial Park, Linzi District, Shandong Province, Zibo, CHN, 255414
Intco Recycling Resources Co Ltd is an innovative plastic recycling and recycling company. It is mainly engaged in the recycling and utilization of renewable plastics.
82GF Score

Get the complete analysis for SHSE:688087

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

¥39.78
Price
¥40.91
GF Value