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Hui Min Environmental TechROCO:6971 -0.97%13 Return-on-Tangible-Asset is 0.81% as of Mar. 2026, which is 78% below its 10-year median of 3.72. GuruFocus rates ROCO:6971 with a GF Score™ of 13/100. The stock has 5 warning signs investors should review. Among 3,077 Industrial Products companies, Hui Min Environmental Tech ranks worse than 51.28% 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. Hui Min Environmental Tech's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$25 Mil. Hui Min Environmental Tech's average total tangible assets for the quarter that ended in Mar. 2026 was NT$3,043 Mil. Therefore, Hui Min Environmental Tech's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.81%.
The historical rank and industry rank for Hui Min Environmental Tech's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:6971'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.9 Med: 3.72 Max: 6.2
Current: 3.09
During the past 5 years, Hui Min Environmental Tech's highest Return-on-Tangible-Asset was 6.20%. The lowest was 2.90%. And the median was 3.72%.
ROCO:6971's Return-on-Tangible-Asset is ranked worse than 51.28% of 3077
companies
in the Industrial Products industry
Industry Median: 3.26
vs ROCO:6971: 3.09
Hui Min Environmental Tech (ROCO:6971) 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.
Hui Min Environmental Tech Return-on-Tangible-Asset Related Terms
Hui Min Environmental Tech 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.
Hui Min Environmental Tech Return-on-Tangible-Asset Chart
ROCO:6971 vs VLTO, ZWS, CECO: Return-on-Tangible-Asset Comparison
For the Pollution & Treatment Controls subindustry, Hui Min Environmental Tech'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.
Hui Min Environmental Tech Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hui Min Environmental Tech's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hui Min Environmental Tech'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 0.81% mean?
Hui Min Environmental Tech (ROCO:6971) has a Return-on-Tangible-Asset of 0.81% 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 Hui Min Environmental Tech and its competitors. This is 78% below median its historical median of 3.72. Over the past decade, Hui Min Environmental Tech's Return-on-Tangible-Asset has ranged from 2.90 to 6.20. According to the industry distribution chart, Hui Min Environmental Tech ranks #1578 out of 3077 companies in the Industrial Products industry, placing it in the top 51.3%.
Is Hui Min Environmental Tech's Return-on-Tangible-Asset too high?
Hui Min Environmental Tech's current Return-on-Tangible-Asset of 0.81% is 78% below median its 10-year median of 3.72. Over the past 10 years, this metric has ranged from a low of 2.90 to a high of 6.20. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Hui Min Environmental Tech's value of 0.81% is 75.2% below this industry median. Based on the distribution chart, Hui Min Environmental Tech ranks #1578 out of 3077 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Hui Min Environmental Tech has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Hui Min Environmental Tech's Return-on-Tangible-Asset compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Hui Min Environmental Tech ranks #1578 out of 3077 companies for Return-on-Tangible-Asset. This places Hui Min Environmental Tech in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.26. Hui Min Environmental Tech's value of 0.81% is 75.2% below this benchmark. Historically, Hui Min Environmental Tech's own Return-on-Tangible-Asset has ranged from 2.90 to 6.20 over the past decade. While the company's 10-year median is 3.72 vs. the industry median of 3.26, Hui Min Environmental Tech has consistently been below 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,077 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. Hui Min Environmental Tech's current Return-on-Tangible-Asset of 0.81% is 75.2% 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 Hui Min Environmental Tech and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hui Min Environmental Tech's current Return-on-Tangible-Asset is 0.81%, which is 78% below median its own 10-year median of 3.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hui Min Environmental Tech stock overvalued right now?
Hui Min Environmental Tech (ROCO:6971) has a current Return-on-Tangible-Asset of 0.81%. The current Return-on-Tangible-Asset is 0.81%, which is 78% below median its 10-year median of 3.72 and 75.2% below the Industrial Products industry median of 3.26. Hui Min Environmental Tech's overall GF Score™ is 13/100 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 Hui Min Environmental Tech (ROCO:6971), the current Return-on-Tangible-Asset is 0.81% 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.
Hui Min Environmental Tech Corp is an environmental protection engineering construction company. It is engaged in the environmental protection business and provides environmental engineering and related professional and technical services and also includes equipment manufacturing, sales of constructions, and operational maintenance of government contracts.
13GF Score
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