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Jiangxi Fushine Pharmaceutical Co (SZSE:300497) Return-on-Tangible-Asset : 0.21% (As of Mar. 2025)


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What is Jiangxi Fushine Pharmaceutical Co Return-on-Tangible-Asset?

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. Jiangxi Fushine Pharmaceutical Co's annualized Net Income for the quarter that ended in Mar. 2025 was ¥9 Mil. Jiangxi Fushine Pharmaceutical Co's average total tangible assets for the quarter that ended in Mar. 2025 was ¥4,266 Mil. Therefore, Jiangxi Fushine Pharmaceutical Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 0.21%.

The historical rank and industry rank for Jiangxi Fushine Pharmaceutical Co's Return-on-Tangible-Asset or its related term are showing as below:

SZSE:300497' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.21   Med: 10.25   Max: 15.39
Current: -6.21

During the past 13 years, Jiangxi Fushine Pharmaceutical Co's highest Return-on-Tangible-Asset was 15.39%. The lowest was -6.21%. And the median was 10.25%.

SZSE:300497's Return-on-Tangible-Asset is ranked better than
74.85% of 1499 companies
in the Biotechnology industry
Industry Median: -36.14 vs SZSE:300497: -6.21

Jiangxi Fushine Pharmaceutical Co Return-on-Tangible-Asset Historical Data

The historical data trend for Jiangxi Fushine Pharmaceutical 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.

* Premium members only.

Jiangxi Fushine Pharmaceutical Co Return-on-Tangible-Asset Chart

Jiangxi Fushine Pharmaceutical Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.18 1.19 -3.07 -4.28 -6.13

Jiangxi Fushine Pharmaceutical Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 -2.15 -3.58 -19.28 0.21

Competitive Comparison of Jiangxi Fushine Pharmaceutical Co's Return-on-Tangible-Asset

For the Biotechnology subindustry, Jiangxi Fushine Pharmaceutical 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.


Jiangxi Fushine Pharmaceutical Co's Return-on-Tangible-Asset Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Jiangxi Fushine Pharmaceutical Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Jiangxi Fushine Pharmaceutical Co's Return-on-Tangible-Asset falls into.


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Jiangxi Fushine Pharmaceutical Co Return-on-Tangible-Asset Calculation

Jiangxi Fushine Pharmaceutical Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-272.101/( (4577.973+4301.876)/ 2 )
=-272.101/4439.9245
=-6.13 %

Jiangxi Fushine Pharmaceutical Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=8.956/( (4301.876+4230.372)/ 2 )
=8.956/4266.124
=0.21 %

* 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. 2025) net income data.


Jiangxi Fushine Pharmaceutical Co  (SZSE:300497) 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 company’s 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 company’s 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.


Jiangxi Fushine Pharmaceutical Co Return-on-Tangible-Asset Related Terms

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Jiangxi Fushine Pharmaceutical Co Business Description

Traded in Other Exchanges
N/A
Address
No.2 YULI Industrial Zone, Changjiang district, Jiangxi Province, Jingdezhen, CHN, 333000
Jiangxi Fushine Pharmaceutical Co Ltd is engaged in research and development, manufactures and sells APIs and pharmaceutical intermediates. It offers penicillin, carbapenem, and other products.
Executives
Liu Ying Executives
Peng Yun Secretary Dong
Zhang Xiang Ming Executives
Wei Hai Peng Executives
Bao Jian Hua Directors, executives
Li Hui Yue Director
Dai Zhen Liang Executives
Yang Guang Executives
Chen Ying Hui Executives
Ke Dan Director
Xu Chun Xia Directors, executives
Yu Wen Jun Director
Cheng Rong Wu Directors, executives
Liu Zhi Min Executives
Tang De Ping Executives

Jiangxi Fushine Pharmaceutical Co Headlines

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