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SHSE:688215'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.5 Med: 4.24 Max: 25.49
Current: 5.73
During the past 13 years, Zhejiang Risun Intelligent Technology Co's highest Return-on-Tangible-Asset was 25.49%. The lowest was 1.50%. And the median was 4.24%.
SHSE:688215's Return-on-Tangible-Asset is ranked better than 65.17% of 3089
companies
in the Industrial Products industry
Industry Median: 3.43
vs SHSE:688215: 5.73
Zhejiang Risun Intelligent Technology Co (SHSE:688215) 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.
Zhejiang Risun Intelligent Technology Co Return-on-Tangible-Asset Related Terms
Zhejiang Risun Intelligent 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.
Zhejiang Risun Intelligent Technology Co Return-on-Tangible-Asset Chart
Zhejiang Risun Intelligent Technology Co Annual Data
SHSE:688215 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Zhejiang Risun Intelligent 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.
Zhejiang Risun Intelligent Technology Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Risun Intelligent Technology Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zhejiang Risun Intelligent Technology 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.35% mean?
Zhejiang Risun Intelligent Technology Co (SHSE:688215) has a Return-on-Tangible-Asset of 6.35% 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 Zhejiang Risun Intelligent Technology Co and its competitors. This is 50% above median its historical median of 4.24. Over the past decade, Zhejiang Risun Intelligent Technology Co's Return-on-Tangible-Asset has ranged from 1.50 to 25.49. According to the industry distribution chart, Zhejiang Risun Intelligent Technology Co ranks #1076 out of 3089 companies in the Industrial Products industry, placing it in the top 34.8%.
Is Zhejiang Risun Intelligent Technology Co's Return-on-Tangible-Asset too high?
Zhejiang Risun Intelligent Technology Co's current Return-on-Tangible-Asset of 6.35% is 50% above median its 10-year median of 4.24. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 25.49. The Industrial Products industry median Return-on-Tangible-Asset is 3.43. Zhejiang Risun Intelligent Technology Co's value of 6.35% is 85.1% above this industry median. Based on the distribution chart, Zhejiang Risun Intelligent Technology Co ranks #1076 out of 3089 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Zhejiang Risun Intelligent Technology Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Risun Intelligent Technology Co's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Risun Intelligent Technology Co ranks #1076 out of 3089 companies for Return-on-Tangible-Asset. This puts Zhejiang Risun Intelligent Technology Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.43. Zhejiang Risun Intelligent Technology Co's value of 6.35% is 85.1% above this benchmark. Historically, Zhejiang Risun Intelligent Technology Co's own Return-on-Tangible-Asset has ranged from 1.50 to 25.49 over the past decade. While the company's 10-year median is 4.24 vs. the industry median of 3.43, Zhejiang Risun Intelligent 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.43, based on 3,089 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. Zhejiang Risun Intelligent Technology Co's current Return-on-Tangible-Asset of 6.35% is 85.1% 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 Zhejiang Risun Intelligent Technology Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Risun Intelligent Technology Co's current Return-on-Tangible-Asset is 6.35%, which is 50% above median its own 10-year median of 4.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Risun Intelligent Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Risun Intelligent Technology Co (SHSE:688215) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥22.06, compared to a current price of ¥46.55 — trading 111% above its estimated fair value. The current Return-on-Tangible-Asset is 6.35%, which is 50% above median its 10-year median of 4.24 and 85.1% above the Industrial Products industry median of 3.43. Zhejiang Risun Intelligent Technology Co's overall GF Score™ is 74/100 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 Zhejiang Risun Intelligent Technology Co (SHSE:688215), the current Return-on-Tangible-Asset is 6.35% 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 Zhejiang Risun Intelligent Technology Co (SHSE:688215) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Risun Intelligent Technology Co stock appears to be overvalued.
The current stock price of ¥46.55 is trading 111% above its estimated GF Value™ of ¥22.06.
GuruFocus considers Zhejiang Risun Intelligent Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:688215:
Return-on-Tangible-Asset: 6.35% (50% above median its 10-year median of 4.24)
GF Value™: ¥22.06 vs. price of ¥46.55 (111% above fair value)
Industry Position: 85.1% above the Industrial Products median (#1076 of 3089)
No single metric tells the full story. See the SHSE:688215 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Risun Intelligent Technology Co Ltd is engaged in the production and sales of intelligent material transfer, automated production, automated storage, automated sorting, and logistics systems in industrial production. The company's main products are intelligent suspension production system, intelligent suspension warehouse sorting system, plane logistics transportation system, intelligent intersection pallet sorting machine, intelligent stereo storage system, real time data acquisition system and intelligent mobile robot (AGV), MES, WMS and other automated production equipment and logistics equipment, that are mainly applied to clothing, home textile, home, auto parts, cases, bags, shoes, baby carrier, electric business, logistics, warehousing, washing, and other industries.
74GF Score
Get the complete analysis for SHSE:688215
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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