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The historical rank and industry rank for Zhejiang Yongtai Technology Co's Return-on-Tangible-Asset or its related term are showing as below:
FRA:Y83'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.06 Med: 3.98 Max: 8.84
Current: 0.47
During the past 13 years, Zhejiang Yongtai Technology Co's highest Return-on-Tangible-Asset was 8.84%. The lowest was -6.06%. And the median was 3.98%.
FRA:Y83's Return-on-Tangible-Asset is ranked worse than 69.15% of 1611
companies
in the Chemicals industry
Industry Median: 3.07
vs FRA:Y83: 0.47
Zhejiang Yongtai Technology Co (FRA:Y83) 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 Yongtai Technology Co Return-on-Tangible-Asset Related Terms
Zhejiang Yongtai Technology 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.
Zhejiang Yongtai Technology Co Return-on-Tangible-Asset Chart
FRA:Y83 vs DOW: Return-on-Tangible-Asset Comparison
For the Chemicals subindustry, Zhejiang Yongtai 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.
Zhejiang Yongtai Technology Co Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Zhejiang Yongtai Technology Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zhejiang Yongtai 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 4.03% mean?
Zhejiang Yongtai Technology Co (FRA:Y83) has a Return-on-Tangible-Asset of 4.03% 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 Zhejiang Yongtai Technology Co and its competitors. This is near median its historical median of 3.98. According to the industry distribution chart, Zhejiang Yongtai Technology Co ranks #1114 out of 1611 companies in the Chemicals industry, placing it in the top 69.1%.
Is Zhejiang Yongtai Technology Co's Return-on-Tangible-Asset too high?
Zhejiang Yongtai Technology Co's current Return-on-Tangible-Asset of 4.03% is near median its 10-year median of 3.98. The Chemicals industry median Return-on-Tangible-Asset is 3.07. Zhejiang Yongtai Technology Co's value of 4.03% is 31.3% above this industry median. Based on the distribution chart, Zhejiang Yongtai Technology Co ranks #1114 out of 1611 companies in the Chemicals industry, which is below the industry midpoint. Overall, Zhejiang Yongtai Technology Co has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Yongtai Technology Co's Return-on-Tangible-Asset compare to DOW?
According to the Chemicals industry distribution chart, Zhejiang Yongtai Technology Co ranks #1114 out of 1611 companies for Return-on-Tangible-Asset. This places Zhejiang Yongtai Technology Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.07. Zhejiang Yongtai Technology Co's value of 4.03% is 31.3% above this benchmark. While the company's 10-year median is 3.98 vs. the industry median of 3.07, Zhejiang Yongtai 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 1,611 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 Yongtai Technology Co's current Return-on-Tangible-Asset of 4.03% is 31.3% 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 Yongtai 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. Zhejiang Yongtai Technology Co's current Return-on-Tangible-Asset is 4.03%, which is near median its own 10-year median of 3.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Yongtai Technology Co stock overvalued right now?
Zhejiang Yongtai Technology Co (FRA:Y83) has a current Return-on-Tangible-Asset of 4.03%. The stock's GF Value™ is €8.53, compared to a current price of €10.70 — trading 25.4% above its estimated fair value. The current Return-on-Tangible-Asset is 4.03%, which is near median its 10-year median of 3.98 and 31.3% above the Chemicals industry median of 3.07. Zhejiang Yongtai Technology Co's overall GF Score™ is 51/100 with 10 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 Yongtai Technology Co (FRA:Y83), the current Return-on-Tangible-Asset is 4.03% 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 Zhejiang Yongtai Technology Co (FRA:Y83) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Yongtai Technology Co stock appears to be overvalued.
The current stock price of €10.70 is trading 25.4% above its estimated GF Value™ of €8.53.
Key valuation signals for FRA:Y83:
Return-on-Tangible-Asset: 4.03% (near median its 10-year median of 3.98)
GF Value™: €8.53 vs. price of €10.70 (25.4% above fair value)
Industry Position: 31.3% above the Chemicals median (#1114 of 1611)
No single metric tells the full story. See the FRA:Y83 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Yongtai Technology Co Business Description
Zhejiang Yongtai Technology Co Ltd is a fluorinated pharmaceutical, crop science, and new energy materials manufacturer with fluorine-containing technology as the core, technological innovation as the impetus, and intelligent manufacturing as the driving force, which is able to provide customized R&D services, manufacturing and technical services for domestic and overseas customers with its vertically integrated industrial chain, a flexible and comprehensive production platform, and specialized R&D innovation teams.
51GF Score
Get the complete analysis for FRA:Y83
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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