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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. Jiangsu Cowin Biotech Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥-61.4 Mil. Jiangsu Cowin Biotech Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥1,435.5 Mil. Therefore, Jiangsu Cowin Biotech Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -4.28%.
The historical rank and industry rank for Jiangsu Cowin Biotech Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688426'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.36 Med: 10.02 Max: 38.98
Current: -6.71
During the past 8 years, Jiangsu Cowin Biotech Co's highest Return-on-Tangible-Asset was 38.98%. The lowest was -9.36%. And the median was 10.02%.
SHSE:688426's Return-on-Tangible-Asset is ranked better than 73.2% of 1414
companies
in the Biotechnology industry
Industry Median: -35.985
vs SHSE:688426: -6.71
Jiangsu Cowin Biotech Co (SHSE:688426) 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.
Jiangsu Cowin Biotech Co Return-on-Tangible-Asset Related Terms
Jiangsu Cowin Biotech Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Jiangsu Cowin Biotech 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.
Jiangsu Cowin Biotech Co Return-on-Tangible-Asset Chart
SHSE:688426 vs VRTX, REGN, RVMD: Return-on-Tangible-Asset Comparison
For the Biotechnology subindustry, Jiangsu Cowin Biotech 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.
Jiangsu Cowin Biotech Co Return-on-Tangible-Asset vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Jiangsu Cowin Biotech Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Jiangsu Cowin Biotech 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 -4.28% mean?
Jiangsu Cowin Biotech Co (SHSE:688426) has a Return-on-Tangible-Asset of -4.28% 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 Jiangsu Cowin Biotech Co and its competitors. According to the industry distribution chart, Jiangsu Cowin Biotech Co ranks #379 out of 1414 companies in the Biotechnology industry, placing it in the top 26.8%.
Is Jiangsu Cowin Biotech Co's Return-on-Tangible-Asset too high?
Jiangsu Cowin Biotech Co's current Return-on-Tangible-Asset is -4.28%. Based on the distribution chart, Jiangsu Cowin Biotech Co ranks #379 out of 1414 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Jiangsu Cowin Biotech Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Cowin Biotech Co's Return-on-Tangible-Asset compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Jiangsu Cowin Biotech Co ranks #379 out of 1414 companies for Return-on-Tangible-Asset. This puts Jiangsu Cowin Biotech Co 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 Jiangsu Cowin Biotech Co and its competitors. Jiangsu Cowin Biotech Co's current Return-on-Tangible-Asset is -4.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Cowin Biotech Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Cowin Biotech Co (SHSE:688426) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥28.79, compared to a current price of ¥20.77 — trading 27.9% below its estimated fair value. The current Return-on-Tangible-Asset is -4.28%. Jiangsu Cowin Biotech Co's overall GF Score™ is 67/100 with 2 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 Jiangsu Cowin Biotech Co (SHSE:688426), the current Return-on-Tangible-Asset is -4.28% 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 Jiangsu Cowin Biotech Co (SHSE:688426) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Cowin Biotech Co stock appears to be undervalued.
The current stock price of ¥20.77 is trading 27.9% below its estimated GF Value™ of ¥28.79.
GuruFocus considers Jiangsu Cowin Biotech Co to be Modestly Undervalued.
Key valuation signals for SHSE:688426:
Return-on-Tangible-Asset: -4.28%
GF Value™: ¥28.79 vs. price of ¥20.77 (27.9% below fair value)
No single metric tells the full story. See the SHSE:688426 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Cowin Biotech Co Ltd is a national high-tech enterprise with independent intellectual property rights based in the field of life sciences. It provides innovative biological products and services to in vitro diagnostic users. The product line mainly includes molecular diagnostic raw materials enzymes, nucleic acid collection and protection agents, nucleic acid extraction kits, molecular diagnostic detection reagents and others.
67GF Score
Get the complete analysis for SHSE:688426
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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