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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. LX Technology Group's annualizedNet Income for the quarter that ended in Dec. 2025 was HK$17 Mil. LX Technology Group's average total tangible assets for the quarter that ended in Dec. 2025 was HK$1,930 Mil. Therefore, LX Technology Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 0.90%.
The historical rank and industry rank for LX Technology Group's Return-on-Tangible-Asset or its related term are showing as below:
HKSE:02436'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -42.96 Med: -8.13 Max: 7.01
Current: 1.5
During the past 7 years, LX Technology Group's highest Return-on-Tangible-Asset was 7.01%. The lowest was -42.96%. And the median was -8.13%.
HKSE:02436's Return-on-Tangible-Asset is ranked worse than 58.85% of 2491
companies
in the Hardware industry
Industry Median: 2.9
vs HKSE:02436: 1.50
LX Technology Group (HKSE:02436) 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.
LX Technology Group Return-on-Tangible-Asset Related Terms
LX Technology Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for LX Technology Group'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.
LX Technology Group Return-on-Tangible-Asset Chart
HKSE:02436 vs DELL, ANET, SNDK: Return-on-Tangible-Asset Comparison
For the Computer Hardware subindustry, LX Technology Group'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.
LX Technology Group Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, LX Technology Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where LX Technology Group'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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 0.90% mean?
LX Technology Group (HKSE:02436) has a Return-on-Tangible-Asset of 0.90% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on LX Technology Group and its competitors. According to the industry distribution chart, LX Technology Group ranks #1466 out of 2491 companies in the Hardware industry, placing it in the top 58.9%.
Is LX Technology Group's Return-on-Tangible-Asset too high?
LX Technology Group's current Return-on-Tangible-Asset is 0.90%. The Hardware industry median Return-on-Tangible-Asset is 2.90. LX Technology Group's value of 0.90% is 69% below this industry median. Based on the distribution chart, LX Technology Group ranks #1466 out of 2491 companies in the Hardware industry, which is below the industry midpoint. Overall, LX Technology Group has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LX Technology Group's Return-on-Tangible-Asset compare to DELL and ANET?
According to the Hardware industry distribution chart, LX Technology Group ranks #1466 out of 2491 companies for Return-on-Tangible-Asset. This places LX Technology Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.90. LX Technology Group's value of 0.90% is 69% below this benchmark. 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 2.90, based on 2,491 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. LX Technology Group's current Return-on-Tangible-Asset of 0.90% is 69% below 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 LX Technology Group and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LX Technology Group's current Return-on-Tangible-Asset is 0.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LX Technology Group stock overvalued right now?
Based on GuruFocus' analysis, LX Technology Group (HKSE:02436) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$6.84, compared to a current price of HK$18.40 — trading 169% above its estimated fair value. The current Return-on-Tangible-Asset is 0.90% and 69% below the Hardware industry median of 2.90. LX Technology Group's overall GF Score™ is 60/100 with 6 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 LX Technology Group (HKSE:02436), the current Return-on-Tangible-Asset is 0.90% as of Dec. 2025. 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 LX Technology Group (HKSE:02436) Overvalued in 2026?
Based on GuruFocus' analysis, LX Technology Group stock appears to be overvalued.
The current stock price of HK$18.40 is trading 169% above its estimated GF Value™ of HK$6.84.
GuruFocus considers LX Technology Group to be Significantly Overvalued.
Key valuation signals for HKSE:02436:
Return-on-Tangible-Asset: 0.90%
GF Value™: HK$6.84 vs. price of HK$18.40 (169% above fair value)
Industry Position: 69% below the Hardware median (#1466 of 2491)
No single metric tells the full story. See the HKSE:02436 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LX Technology Group Ltd is a device as a service provider in China. It is principally engaged in the sales of refurbished de-commissioned IT devices to, among others, resellers of IT devices, and the provision of the device and IT technical subscription services to SMEs in China. The service line of the company are the Device recycling business, Device subscription services and IT technical subscription services. from which the company earns maximum revenue from the Device recycling business.
60GF Score
Get the complete analysis for HKSE:02436
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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