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Hanon Advanced Technology Group CoBJSE:920476 87 Return-on-Tangible-Asset is 10.70% as of Jun. 2026, which is 13% above its 10-year median of 9.47. GuruFocus rates BJSE:920476 with a GF Score™ of 87/100 and a GF Value™ of ¥17.30 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,497 Hardware companies, Hanon Advanced Technology Group Co ranks better than 87.1% on this metric.
The historical rank and industry rank for Hanon Advanced Technology Group Co's Return-on-Tangible-Asset or its related term are showing as below:
BJSE:920476'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.88 Med: 9.47 Max: 15.83
Current: 11.45
During the past 13 years, Hanon Advanced Technology Group Co's highest Return-on-Tangible-Asset was 15.83%. The lowest was 2.88%. And the median was 9.47%.
BJSE:920476's Return-on-Tangible-Asset is ranked better than 87.1% of 2497
companies
in the Hardware industry
Industry Median: 2.91
vs BJSE:920476: 11.45
Hanon Advanced Technology Group Co (BJSE:920476) 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.
Hanon Advanced Technology Group Co Return-on-Tangible-Asset Related Terms
Hanon Advanced Technology Group 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.
Hanon Advanced Technology Group Co Return-on-Tangible-Asset Chart
BJSE:920476 vs GRMN, COHR, KEYS: Return-on-Tangible-Asset Comparison
For the Scientific & Technical Instruments subindustry, Hanon Advanced Technology Group 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.
Hanon Advanced Technology Group Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Hanon Advanced Technology Group Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hanon Advanced Technology Group 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 10.70% mean?
Hanon Advanced Technology Group Co (BJSE:920476) has a Return-on-Tangible-Asset of 10.70% 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 Hanon Advanced Technology Group Co and its competitors. This is 13% above median its historical median of 9.47. Over the past decade, Hanon Advanced Technology Group Co's Return-on-Tangible-Asset has ranged from 2.88 to 15.83. According to the industry distribution chart, Hanon Advanced Technology Group Co ranks #322 out of 2497 companies in the Hardware industry, placing it in the top 12.9%.
Is Hanon Advanced Technology Group Co's Return-on-Tangible-Asset too high?
Hanon Advanced Technology Group Co's current Return-on-Tangible-Asset of 10.70% is 13% above median its 10-year median of 9.47. Over the past 10 years, this metric has ranged from a low of 2.88 to a high of 15.83. The Hardware industry median Return-on-Tangible-Asset is 2.91. Hanon Advanced Technology Group Co's value of 10.70% is 267.7% above this industry median. Based on the distribution chart, Hanon Advanced Technology Group Co ranks #322 out of 2497 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Hanon Advanced Technology Group Co has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hanon Advanced Technology Group Co's Return-on-Tangible-Asset compare to GRMN and COHR?
According to the Hardware industry distribution chart, Hanon Advanced Technology Group Co ranks #322 out of 2497 companies for Return-on-Tangible-Asset. This places Hanon Advanced Technology Group Co in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.91. Hanon Advanced Technology Group Co's value of 10.70% is 267.7% above this benchmark. Historically, Hanon Advanced Technology Group Co's own Return-on-Tangible-Asset has ranged from 2.88 to 15.83 over the past decade. While the company's 10-year median is 9.47 vs. the industry median of 2.91, Hanon Advanced Technology Group 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 a Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.91, based on 2,497 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. Hanon Advanced Technology Group Co's current Return-on-Tangible-Asset of 10.70% is 267.7% 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 Hanon Advanced Technology Group Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanon Advanced Technology Group Co's current Return-on-Tangible-Asset is 10.70%, which is 13% above median its own 10-year median of 9.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanon Advanced Technology Group Co stock overvalued right now?
Based on GuruFocus' analysis, Hanon Advanced Technology Group Co (BJSE:920476) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥17.30, compared to a current price of ¥22.83 — trading 32% above its estimated fair value. The current Return-on-Tangible-Asset is 10.70%, which is 13% above median its 10-year median of 9.47 and 267.7% above the Hardware industry median of 2.91. Hanon Advanced Technology Group Co's overall GF Score™ is 87/100 with 3 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 Hanon Advanced Technology Group Co (BJSE:920476), the current Return-on-Tangible-Asset is 10.70% 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 Hanon Advanced Technology Group Co (BJSE:920476) Overvalued in 2026?
Based on GuruFocus' analysis, Hanon Advanced Technology Group Co stock appears to be overvalued.
The current stock price of ¥22.83 is trading 32% above its estimated GF Value™ of ¥17.30.
GuruFocus considers Hanon Advanced Technology Group Co to be Significantly Overvalued.
Key valuation signals for BJSE:920476:
Return-on-Tangible-Asset: 10.70% (13% above median its 10-year median of 9.47)
GF Value™: ¥17.30 vs. price of ¥22.83 (32% above fair value)
Industry Position: 267.7% above the Hardware median (#322 of 2497)
No single metric tells the full story. See the BJSE:920476 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hanon Advanced Technology Group Co Ltd engages in research and development, production, and sales of experimental analysis instruments. Its product comprises High-Performance Liquid Chromatography, organic element analysis, sample pretreatment, physical optics, electrochemistry, general lab equipment, pumps, and valves.
87GF Score
Get the complete analysis for BJSE:920476
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