Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Qingdao Gon Technology CoFRA:72J +10.49%75 Return-on-Tangible-Asset is 5.39% as of Mar. 2026, which is 42% below its 10-year median of 9.26. GuruFocus rates FRA:72J with a GF Score™ of 75/100 and a GF Value™ of €1.63 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,612 Chemicals companies, Qingdao Gon Technology Co ranks better than 66.69% 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. Qingdao Gon Technology Co's annualizedNet Income for the quarter that ended in Mar. 2026 was €129 Mil. Qingdao Gon Technology Co's average total tangible assets for the quarter that ended in Mar. 2026 was €2,389 Mil. Therefore, Qingdao Gon Technology Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.39%.
The historical rank and industry rank for Qingdao Gon Technology Co's Return-on-Tangible-Asset or its related term are showing as below:
FRA:72J'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.64 Med: 9.26 Max: 14.4
Current: 5.33
During the past 13 years, Qingdao Gon Technology Co's highest Return-on-Tangible-Asset was 14.40%. The lowest was 3.64%. And the median was 9.26%.
FRA:72J's Return-on-Tangible-Asset is ranked better than 66.69% of 1612
companies
in the Chemicals industry
Industry Median: 3.07
vs FRA:72J: 5.33
Qingdao Gon Technology Co (FRA:72J) 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.
Qingdao Gon Technology Co Return-on-Tangible-Asset Related Terms
Qingdao Gon Technology Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Qingdao Gon Technology 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.
Qingdao Gon Technology Co Return-on-Tangible-Asset Chart
FRA:72J vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Qingdao Gon Technology 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.
Qingdao Gon Technology Co Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Qingdao Gon Technology Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Qingdao Gon Technology 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 5.39% mean?
Qingdao Gon Technology Co (FRA:72J) has a Return-on-Tangible-Asset of 5.39% 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 Qingdao Gon Technology Co and its competitors. This is 42% below median its historical median of 9.26. Over the past decade, Qingdao Gon Technology Co's Return-on-Tangible-Asset has ranged from 3.64 to 14.40. According to the industry distribution chart, Qingdao Gon Technology Co ranks #537 out of 1612 companies in the Chemicals industry, placing it in the top 33.3%.
Is Qingdao Gon Technology Co's Return-on-Tangible-Asset too high?
Qingdao Gon Technology Co's current Return-on-Tangible-Asset of 5.39% is 42% below median its 10-year median of 9.26. Over the past 10 years, this metric has ranged from a low of 3.64 to a high of 14.40. The Chemicals industry median Return-on-Tangible-Asset is 3.07. Qingdao Gon Technology Co's value of 5.39% is 75.6% above this industry median. Based on the distribution chart, Qingdao Gon Technology Co ranks #537 out of 1612 companies in the Chemicals industry, which is above the industry midpoint. Overall, Qingdao Gon Technology Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qingdao Gon Technology Co's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Qingdao Gon Technology Co ranks #537 out of 1612 companies for Return-on-Tangible-Asset. This puts Qingdao Gon Technology Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.07. Qingdao Gon Technology Co's value of 5.39% is 75.6% above this benchmark. Historically, Qingdao Gon Technology Co's own Return-on-Tangible-Asset has ranged from 3.64 to 14.40 over the past decade. While the company's 10-year median is 9.26 vs. the industry median of 3.07, Qingdao Gon Technology 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.07, based on 1,612 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. Qingdao Gon Technology Co's current Return-on-Tangible-Asset of 5.39% is 75.6% 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 Qingdao Gon Technology Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qingdao Gon Technology Co's current Return-on-Tangible-Asset is 5.39%, which is 42% below median its own 10-year median of 9.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingdao Gon Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Qingdao Gon Technology Co (FRA:72J) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.63, compared to a current price of €3.58 — trading 119.6% above its estimated fair value. The current Return-on-Tangible-Asset is 5.39%, which is 42% below median its 10-year median of 9.26 and 75.6% above the Chemicals industry median of 3.07. Qingdao Gon Technology Co's overall GF Score™ is 75/100 with 5 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 Qingdao Gon Technology Co (FRA:72J), the current Return-on-Tangible-Asset is 5.39% 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 Qingdao Gon Technology Co (FRA:72J) Overvalued in 2026?
Based on GuruFocus' analysis, Qingdao Gon Technology Co stock appears to be overvalued.
The current stock price of €3.58 is trading 119.6% above its estimated GF Value™ of €1.63.
GuruFocus considers Qingdao Gon Technology Co to be Modestly Overvalued.
Key valuation signals for FRA:72J:
Return-on-Tangible-Asset: 5.39% (42% below median its 10-year median of 9.26)
GF Value™: €1.63 vs. price of €3.58 (119.6% above fair value)
Industry Position: 75.6% above the Chemicals median (#537 of 1612)
No single metric tells the full story. See the FRA:72J stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qingdao Gon Technology Co Ltd is engaged in the production and sales of modified plastic particles, modified plastic products, and functional plastic plates. Modified plastic particles mainly include series of flame-retardant, weatherproof, reinforced, heat-resistant, high-brightness and other plastic alloys. The company products include air-conditioner components, washing machine components, TV rear cover, air-conditioner panel, and others. It has two business segments, namely, new chemical materials segment; and health and wellness segment. The company derives maximum revenue from the new chemical materials segment. Geographically, the company operates in Chinese Mainland; and Overseas, of which majority revenue is generated from Chinese Mainland.
75GF Score
Get the complete analysis for FRA:72J
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:72J has been successfully added to your 
