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The historical rank and industry rank for Shanghai Obio Technology (Group)'s Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688238'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -22.82 Med: -12.25 Max: 16.24
Current: -11.16
During the past 12 years, Shanghai Obio Technology (Group)'s highest Return-on-Tangible-Asset was 16.24%. The lowest was -22.82%. And the median was -12.25%.
SHSE:688238's Return-on-Tangible-Asset is ranked better than 69.47% of 1415
companies
in the Biotechnology industry
Industry Median: -35.77
vs SHSE:688238: -11.16
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.
Shanghai Obio Technology (Group) Return-on-Tangible-Asset Related Terms
Shanghai Obio Technology (Group) 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:688238 vs VRTX, REGN, RVMD: Return-on-Tangible-Asset Comparison
For the Biotechnology subindustry, Shanghai Obio Technology (Group)'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.
Shanghai Obio Technology (Group) Return-on-Tangible-Asset vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Shanghai Obio Technology (Group)'s Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shanghai Obio Technology (Group)'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 -10.67% mean?
Shanghai Obio Technology (Group) (SHSE:688238) has a Return-on-Tangible-Asset of -10.67% 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 Shanghai Obio Technology (Group) and its competitors. According to the industry distribution chart, Shanghai Obio Technology (Group) ranks #432 out of 1415 companies in the Biotechnology industry, placing it in the top 30.5%.
Is Shanghai Obio Technology (Group)'s Return-on-Tangible-Asset too high?
Shanghai Obio Technology (Group)'s current Return-on-Tangible-Asset is -10.67%. Based on the distribution chart, Shanghai Obio Technology (Group) ranks #432 out of 1415 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Shanghai Obio Technology (Group) has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Obio Technology (Group)'s Return-on-Tangible-Asset compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Shanghai Obio Technology (Group) ranks #432 out of 1415 companies for Return-on-Tangible-Asset. This puts Shanghai Obio Technology (Group) in the upper half of its industry. 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 Shanghai Obio Technology (Group) and its competitors. Shanghai Obio Technology (Group)'s current Return-on-Tangible-Asset is -10.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Obio Technology (Group) stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Obio Technology (Group) (SHSE:688238) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.96, compared to a current price of ¥7.28 — trading 8.5% below its estimated fair value. The current Return-on-Tangible-Asset is -10.67%. Shanghai Obio Technology (Group)'s overall GF Score™ is 70/100 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 Shanghai Obio Technology (Group) (SHSE:688238), the current Return-on-Tangible-Asset is -10.67% 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 Shanghai Obio Technology (Group) (SHSE:688238) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Obio Technology (Group) stock appears to be undervalued.
The current stock price of ¥7.28 is trading 8.5% below its estimated GF Value™ of ¥7.96.
GuruFocus considers Shanghai Obio Technology (Group) to be Fairly Valued.
Key valuation signals for SHSE:688238:
Return-on-Tangible-Asset: -10.67%
GF Value™: ¥7.96 vs. price of ¥7.28 (8.5% below fair value)
No single metric tells the full story. See the SHSE:688238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Obio Technology (Group) Corp Ltd provides contract research organization (CRO) services, including gene therapy vector development and gene function research for basic research, as well as contract development and manufacturing organization (CDMO) services, including IND-enabling CMC research and GMP production of clinical samples for gene therapy drug development.
70GF Score
Get the complete analysis for SHSE:688238
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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