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SHSE:688178's Return-on-Tangible-Asset is ranked worse than 77.73% of 247
companies
in the Waste Management industry
Industry Median: 2.29
vs SHSE:688178: -6.72
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.
Nanjing Wondux Environmental Protection Technology Return-on-Tangible-Asset Related Terms
Nanjing Wondux Environmental Protection Technology 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.
SHSE:688178 vs WM, RSG, WCN: Return-on-Tangible-Asset Comparison
For the Waste Management subindustry, Nanjing Wondux Environmental Protection Technology'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.
Nanjing Wondux Environmental Protection Technology Return-on-Tangible-Asset vs Waste Management 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 3.26% mean?
Nanjing Wondux Environmental Protection Technology (SHSE:688178) has a Return-on-Tangible-Asset of 3.26% 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 Nanjing Wondux Environmental Protection Technology and its competitors. This is 45% below median its historical median of 5.97. According to the industry distribution chart, Nanjing Wondux Environmental Protection Technology ranks #192 out of 247 companies in the Waste Management industry, placing it in the top 77.7%.
Is Nanjing Wondux Environmental Protection Technology's Return-on-Tangible-Asset too high?
Nanjing Wondux Environmental Protection Technology's current Return-on-Tangible-Asset of 3.26% is 45% below median its 10-year median of 5.97. The Waste Management industry median Return-on-Tangible-Asset is 2.29. Nanjing Wondux Environmental Protection Technology's value of 3.26% is 42.4% above this industry median. Based on the distribution chart, Nanjing Wondux Environmental Protection Technology ranks #192 out of 247 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Nanjing Wondux Environmental Protection Technology has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Wondux Environmental Protection Technology's Return-on-Tangible-Asset compare to WM and RSG?
According to the Waste Management industry distribution chart, Nanjing Wondux Environmental Protection Technology ranks #192 out of 247 companies for Return-on-Tangible-Asset. This places Nanjing Wondux Environmental Protection Technology in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.29. Nanjing Wondux Environmental Protection Technology's value of 3.26% is 42.4% above this benchmark. While the company's 10-year median is 5.97 vs. the industry median of 2.29, Nanjing Wondux Environmental Protection Technology 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. Nanjing Wondux Environmental Protection Technology's current Return-on-Tangible-Asset of 3.26% is 42.4% 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 Nanjing Wondux Environmental Protection Technology 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. Nanjing Wondux Environmental Protection Technology's current Return-on-Tangible-Asset is 3.26%, which is 45% below median its own 10-year median of 5.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Wondux Environmental Protection Technology stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Wondux Environmental Protection Technology (SHSE:688178) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥11.22, compared to a current price of ¥27.94 — trading 149% above its estimated fair value. The current Return-on-Tangible-Asset is 3.26%, which is 45% below median its 10-year median of 5.97 and 42.4% above the Waste Management industry median of 2.29. Nanjing Wondux Environmental Protection Technology's overall GF Score™ is 52/100 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 Nanjing Wondux Environmental Protection Technology (SHSE:688178), the current Return-on-Tangible-Asset is 3.26% 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 Nanjing Wondux Environmental Protection Technology (SHSE:688178) Overvalued in 2026?
Based on GuruFocus' analysis, Nanjing Wondux Environmental Protection Technology stock appears to be overvalued.
The current stock price of ¥27.94 is trading 149% above its estimated GF Value™ of ¥11.22.
GuruFocus considers Nanjing Wondux Environmental Protection Technology to be Significantly Overvalued.
Key valuation signals for SHSE:688178:
Return-on-Tangible-Asset: 3.26% (45% below median its 10-year median of 5.97)
GF Value™: ¥11.22 vs. price of ¥27.94 (149% above fair value)
Industry Position: 42.4% above the Waste Management median (#192 of 247)
No single metric tells the full story. See the SHSE:688178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nanjing Wondux Environmental Protection Technology Corp Ltd is engaged in waste pollution reduction and repair business and provides high-level wastewater treatment. The company's projects include foreign engineering projects; waste treatment projects; leachate (filtration) liquid treatment engineering; air pollution prevention engineering; soil restoration; and ecological restoration.
52GF Score
Get the complete analysis for SHSE:688178
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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