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The historical rank and industry rank for China High Precision Automation Group's Return-on-Tangible-Asset or its related term are showing as below:
HPAGF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.47 Med: -2.11 Max: 0.98
Current: 0.3
During the past 13 years, China High Precision Automation Group's highest Return-on-Tangible-Asset was 0.98%. The lowest was -4.47%. And the median was -2.11%.
HPAGF's Return-on-Tangible-Asset is ranked worse than 64.31% of 2502
companies
in the Hardware industry
Industry Median: 2.44
vs HPAGF: 0.30
China High Precision Automation Group (OTCPK:HPAGF) 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.
China High Precision Automation Group Return-on-Tangible-Asset Related Terms
China High Precision Automation Group 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.
China High Precision Automation Group Return-on-Tangible-Asset Chart
HPAGF vs COHR, KEYS, GRMN: Return-on-Tangible-Asset Comparison
For the Scientific & Technical Instruments subindustry, China High Precision Automation 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.
China High Precision Automation Group Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, China High Precision Automation Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where China High Precision Automation 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 0.42% mean?
China High Precision Automation Group (HPAGF) has a Return-on-Tangible-Asset of 0.42% 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 China High Precision Automation Group and its competitors. According to the industry distribution chart, China High Precision Automation Group ranks #1609 out of 2502 companies in the Hardware industry, placing it in the top 64.3%.
Is China High Precision Automation Group's Return-on-Tangible-Asset too high?
China High Precision Automation Group's current Return-on-Tangible-Asset is 0.42%. The Hardware industry median Return-on-Tangible-Asset is 2.44. China High Precision Automation Group's value of 0.42% is 82.8% below this industry median. Based on the distribution chart, China High Precision Automation Group ranks #1609 out of 2502 companies in the Hardware industry, which is below the industry midpoint. Overall, China High Precision Automation Group has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does China High Precision Automation Group's Return-on-Tangible-Asset compare to COHR and KEYS?
According to the Hardware industry distribution chart, China High Precision Automation Group ranks #1609 out of 2502 companies for Return-on-Tangible-Asset. This places China High Precision Automation Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.44. China High Precision Automation Group's value of 0.42% is 82.8% 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 2.44, based on 2,502 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. China High Precision Automation Group's current Return-on-Tangible-Asset of 0.42% is 82.8% 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 China High Precision Automation Group and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China High Precision Automation Group's current Return-on-Tangible-Asset is 0.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China High Precision Automation Group stock overvalued right now?
China High Precision Automation Group (HPAGF) has a current Return-on-Tangible-Asset of 0.42%. The stock's GF Value™ is $0.02, compared to a current price of $0.03 — trading 45% above its estimated fair value. The current Return-on-Tangible-Asset is 0.42% and 82.8% below the Hardware industry median of 2.44. China High Precision Automation Group's overall GF Score™ is 43/100 with 2 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 China High Precision Automation Group (HPAGF), the current Return-on-Tangible-Asset is 0.42% 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 China High Precision Automation Group (HPAGF) Overvalued in 2026?
Based on GuruFocus' analysis, China High Precision Automation Group stock appears to be overvalued.
The current stock price of $0.03 is trading 45% above its estimated GF Value™ of $0.02.
Key valuation signals for HPAGF:
Return-on-Tangible-Asset: 0.42%
GF Value™: $0.02 vs. price of $0.03 (45% above fair value)
Industry Position: 82.8% below the Hardware median (#1609 of 2502)
No single metric tells the full story. See the HPAGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China High Precision Automation Group Business Description
China High Precision Automation Group Ltd is an investment holding company. Through its subsidiaries engaged in the manufacturing and selling of and provision of consigned processing services on high precision industrial automation instrument and technology products, and the manufacturing and selling of multi-functional all plastic quartz watch movements. The company has the following two business segments: Automation instrument and technology products and Horological instruments. It generates the majority of its reveue from the sales of automation instrument and technology products.
43GF Score
Get the complete analysis for HPAGF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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