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The historical rank and industry rank for Suzhou Novoprotein Scientific Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688137'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -43.49 Med: -0.94 Max: 76.69
Current: -3.54
During the past 8 years, Suzhou Novoprotein Scientific Co's highest Return-on-Tangible-Asset was 76.69%. The lowest was -43.49%. And the median was -0.94%.
SHSE:688137's Return-on-Tangible-Asset is ranked better than 76.25% of 1415
companies
in the Biotechnology industry
Industry Median: -35.77
vs SHSE:688137: -3.54
Suzhou Novoprotein Scientific Co (SHSE:688137) 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.
Suzhou Novoprotein Scientific Co Return-on-Tangible-Asset Related Terms
Suzhou Novoprotein Scientific 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.
Suzhou Novoprotein Scientific Co Return-on-Tangible-Asset Chart
SHSE:688137 vs VRTX, REGN, RVMD: Return-on-Tangible-Asset Comparison
For the Biotechnology subindustry, Suzhou Novoprotein Scientific 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.
Suzhou Novoprotein Scientific Co Return-on-Tangible-Asset vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Suzhou Novoprotein Scientific Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Suzhou Novoprotein Scientific 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 -1.99% mean?
Suzhou Novoprotein Scientific Co (SHSE:688137) has a Return-on-Tangible-Asset of -1.99% 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 Suzhou Novoprotein Scientific Co and its competitors. According to the industry distribution chart, Suzhou Novoprotein Scientific Co ranks #336 out of 1415 companies in the Biotechnology industry, placing it in the top 23.7%.
Is Suzhou Novoprotein Scientific Co's Return-on-Tangible-Asset too high?
Suzhou Novoprotein Scientific Co's current Return-on-Tangible-Asset is -1.99%. Based on the distribution chart, Suzhou Novoprotein Scientific Co ranks #336 out of 1415 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Suzhou Novoprotein Scientific Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suzhou Novoprotein Scientific Co's Return-on-Tangible-Asset compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Suzhou Novoprotein Scientific Co ranks #336 out of 1415 companies for Return-on-Tangible-Asset. This places Suzhou Novoprotein Scientific Co in the top 24% of its industry — outperforming the majority of peers. 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 Biotechnology company?
A good Return-on-Tangible-Asset depends on the Biotechnology industry context. 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 Suzhou Novoprotein Scientific Co and its competitors. Suzhou Novoprotein Scientific Co's current Return-on-Tangible-Asset is -1.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Novoprotein Scientific Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Novoprotein Scientific Co (SHSE:688137) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥37.32, compared to a current price of ¥67.49 — trading 80.8% above its estimated fair value. The current Return-on-Tangible-Asset is -1.99%. Suzhou Novoprotein Scientific Co's overall GF Score™ is 61/100 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 Suzhou Novoprotein Scientific Co (SHSE:688137), the current Return-on-Tangible-Asset is -1.99% 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 Suzhou Novoprotein Scientific Co (SHSE:688137) Overvalued in 2026?
Based on GuruFocus' analysis, Suzhou Novoprotein Scientific Co stock appears to be overvalued.
The current stock price of ¥67.49 is trading 80.8% above its estimated GF Value™ of ¥37.32.
GuruFocus considers Suzhou Novoprotein Scientific Co to be Significantly Overvalued.
Key valuation signals for SHSE:688137:
Return-on-Tangible-Asset: -1.99%
GF Value™: ¥37.32 vs. price of ¥67.49 (80.8% above fair value)
No single metric tells the full story. See the SHSE:688137 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suzhou Novoprotein Scientific Co Ltd is a high-tech enterprise focusing on recombinant protein application solutions. Its main business is the research and development of target and cytokine proteins, recombinant antibodies, enzymes, and reagents, Production and sales, and providing related technical services.
61GF Score
Get the complete analysis for SHSE:688137
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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