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Zhejiang Fengan Gear CoBJSE:920608 66 Return-on-Tangible-Asset is 4.67% as of Jun. 2026, which is 45% below its 10-year median of 8.52. GuruFocus rates BJSE:920608 with a GF Score™ of 66/100 and a GF Value™ of ¥14.82 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Zhejiang Fengan Gear Co ranks better than 70.08% on this metric.
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. Zhejiang Fengan Gear Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥25.7 Mil. Zhejiang Fengan Gear Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥0.0 Mil. Therefore, Zhejiang Fengan Gear Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 4.67%.
The historical rank and industry rank for Zhejiang Fengan Gear Co's Return-on-Tangible-Asset or its related term are showing as below:
BJSE:920608'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.23 Med: 8.52 Max: 13.37
Current: 6.03
During the past 7 years, Zhejiang Fengan Gear Co's highest Return-on-Tangible-Asset was 13.37%. The lowest was 5.23%. And the median was 8.52%.
BJSE:920608's Return-on-Tangible-Asset is ranked better than 70.08% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 3.35
vs BJSE:920608: 6.03
Zhejiang Fengan Gear Co (BJSE:920608) 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.
Zhejiang Fengan Gear Co Return-on-Tangible-Asset Related Terms
Zhejiang Fengan Gear Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Zhejiang Fengan Gear 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.
Zhejiang Fengan Gear Co Return-on-Tangible-Asset Chart
BJSE:920608 vs ORLY, AZO, GPC: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Zhejiang Fengan Gear 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.
Zhejiang Fengan Gear Co Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Fengan Gear Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zhejiang Fengan Gear 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 4.67% mean?
Zhejiang Fengan Gear Co (BJSE:920608) has a Return-on-Tangible-Asset of 4.67% 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 Zhejiang Fengan Gear Co and its competitors. This is 45% below median its historical median of 8.52. Over the past decade, Zhejiang Fengan Gear Co's Return-on-Tangible-Asset has ranged from 5.23 to 13.37. According to the industry distribution chart, Zhejiang Fengan Gear Co ranks #400 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 29.9%.
Is Zhejiang Fengan Gear Co's Return-on-Tangible-Asset too high?
Zhejiang Fengan Gear Co's current Return-on-Tangible-Asset of 4.67% is 45% below median its 10-year median of 8.52. Over the past 10 years, this metric has ranged from a low of 5.23 to a high of 13.37. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.35. Zhejiang Fengan Gear Co's value of 4.67% is 39.4% above this industry median. Based on the distribution chart, Zhejiang Fengan Gear Co ranks #400 out of 1337 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Zhejiang Fengan Gear Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Fengan Gear Co's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Zhejiang Fengan Gear Co ranks #400 out of 1337 companies for Return-on-Tangible-Asset. This puts Zhejiang Fengan Gear Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.35. Zhejiang Fengan Gear Co's value of 4.67% is 39.4% above this benchmark. Historically, Zhejiang Fengan Gear Co's own Return-on-Tangible-Asset has ranged from 5.23 to 13.37 over the past decade. While the company's 10-year median is 8.52 vs. the industry median of 3.35, Zhejiang Fengan Gear 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.35, based on 1,337 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. Zhejiang Fengan Gear Co's current Return-on-Tangible-Asset of 4.67% is 39.4% 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 Zhejiang Fengan Gear Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Fengan Gear Co's current Return-on-Tangible-Asset is 4.67%, which is 45% below median its own 10-year median of 8.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Fengan Gear Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Fengan Gear Co (BJSE:920608) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.82, compared to a current price of ¥13.72 — trading 7.4% below its estimated fair value. The current Return-on-Tangible-Asset is 4.67%, which is 45% below median its 10-year median of 8.52 and 39.4% above the Vehicles & Parts industry median of 3.35. Zhejiang Fengan Gear Co's overall GF Score™ is 66/100 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 Zhejiang Fengan Gear Co (BJSE:920608), the current Return-on-Tangible-Asset is 4.67% 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 Zhejiang Fengan Gear Co (BJSE:920608) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Fengan Gear Co stock appears to be undervalued.
The current stock price of ¥13.72 is trading 7.4% below its estimated GF Value™ of ¥14.82.
GuruFocus considers Zhejiang Fengan Gear Co to be Fairly Valued.
Key valuation signals for BJSE:920608:
Return-on-Tangible-Asset: 4.67% (45% below median its 10-year median of 8.52)
GF Value™: ¥14.82 vs. price of ¥13.72 (7.4% below fair value)
Industry Position: 39.4% above the Vehicles & Parts median (#400 of 1337)
No single metric tells the full story. See the BJSE:920608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Fengan Gear Co Ltd operates as a gear manufacturer integrating development, design, manufacturing, and sales services. It engages in research and development, production, and sales of various agricultural machinery gears. Its products comprise harvester gear, tractor gear, Rotary cultivator gear, Bevel gear, and Foreign trade products.
66GF Score
Get the complete analysis for BJSE:920608
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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