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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. Shanghai Gentech Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥-102 Mil. Shanghai Gentech Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥11,270 Mil. Therefore, Shanghai Gentech Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.91%.
The historical rank and industry rank for Shanghai Gentech Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688596'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.71 Med: 5.29 Max: 6.24
Current: 0.71
During the past 13 years, Shanghai Gentech Co's highest Return-on-Tangible-Asset was 6.24%. The lowest was 0.71%. And the median was 5.29%.
SHSE:688596's Return-on-Tangible-Asset is ranked worse than 69.49% of 3078
companies
in the Industrial Products industry
Industry Median: 3.26
vs SHSE:688596: 0.71
Shanghai Gentech Co (SHSE:688596) 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.
Shanghai Gentech Co Return-on-Tangible-Asset Related Terms
Shanghai Gentech Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Shanghai Gentech 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.
Shanghai Gentech Co Return-on-Tangible-Asset Chart
SHSE:688596 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Shanghai Gentech 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.
Shanghai Gentech Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shanghai Gentech Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shanghai Gentech 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 -0.91% mean?
Shanghai Gentech Co (SHSE:688596) has a Return-on-Tangible-Asset of -0.91% 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 Gentech Co and its competitors. Over the past decade, Shanghai Gentech Co's Return-on-Tangible-Asset has ranged from 0.71 to 6.24. According to the industry distribution chart, Shanghai Gentech Co ranks #2139 out of 3078 companies in the Industrial Products industry, placing it in the top 69.5%.
Is Shanghai Gentech Co's Return-on-Tangible-Asset too high?
Shanghai Gentech Co's current Return-on-Tangible-Asset is -0.91%. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 6.24. Based on the distribution chart, Shanghai Gentech Co ranks #2139 out of 3078 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shanghai Gentech Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Gentech Co's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shanghai Gentech Co ranks #2139 out of 3078 companies for Return-on-Tangible-Asset. This places Shanghai Gentech Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.26. Historically, Shanghai Gentech Co's own Return-on-Tangible-Asset has ranged from 0.71 to 6.24 over the past decade. 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 3.26, based on 3,078 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. 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 Gentech Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Gentech Co's current Return-on-Tangible-Asset is -0.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Gentech Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Gentech Co (SHSE:688596) is currently considered Fairly Valued. The stock's GF Value™ is ¥48.24, compared to a current price of ¥49.71 — trading 3% above its estimated fair value. The current Return-on-Tangible-Asset is -0.91%. Shanghai Gentech Co's overall GF Score™ is 78/100 with 13 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 Gentech Co (SHSE:688596), the current Return-on-Tangible-Asset is -0.91% 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 Gentech Co (SHSE:688596) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Gentech Co stock appears to be overvalued.
The current stock price of ¥49.71 is trading 3% above its estimated GF Value™ of ¥48.24.
GuruFocus considers Shanghai Gentech Co to be Fairly Valued.
Key valuation signals for SHSE:688596:
Return-on-Tangible-Asset: -0.91%
GF Value™: ¥48.24 vs. price of ¥49.71 (3% above fair value)
No single metric tells the full story. See the SHSE:688596 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Gentech Co Ltd is engaged in designing, production, installation and supporting services of gas chemical supply system. The company is also engaged in designing and installation of water treatment systems, recycling system, clean fluid system, and other systems.
78GF Score
Get the complete analysis for SHSE:688596
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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