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ROCO:7702'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.54 Med: 1.82 Max: 12.68
Current: 0.67
During the past 5 years, APEX Wind Power Equipment Manufacturing's highest Return-on-Tangible-Asset was 12.68%. The lowest was -0.54%. And the median was 1.82%.
ROCO:7702's Return-on-Tangible-Asset is ranked worse than 69.81% of 3074
companies
in the Industrial Products industry
Industry Median: 3.25
vs ROCO:7702: 0.67
APEX Wind Power Equipment Manufacturing (ROCO:7702) 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.
APEX Wind Power Equipment Manufacturing Return-on-Tangible-Asset Related Terms
APEX Wind Power Equipment Manufacturing 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.
APEX Wind Power Equipment Manufacturing Return-on-Tangible-Asset Chart
APEX Wind Power Equipment Manufacturing Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
11.97
1.82
12.68
-0.54
0.74
APEX Wind Power Equipment Manufacturing Semi-Annual Data
ROCO:7702 vs CRS, ATI, MLI: Return-on-Tangible-Asset Comparison
For the Metal Fabrication subindustry, APEX Wind Power Equipment Manufacturing'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.
APEX Wind Power Equipment Manufacturing Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, APEX Wind Power Equipment Manufacturing's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where APEX Wind Power Equipment Manufacturing'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 -1.51% mean?
APEX Wind Power Equipment Manufacturing (ROCO:7702) has a Return-on-Tangible-Asset of -1.51% 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 APEX Wind Power Equipment Manufacturing and its competitors. According to the industry distribution chart, APEX Wind Power Equipment Manufacturing ranks #2146 out of 3074 companies in the Industrial Products industry, placing it in the top 69.8%.
Is APEX Wind Power Equipment Manufacturing's Return-on-Tangible-Asset too high?
APEX Wind Power Equipment Manufacturing's current Return-on-Tangible-Asset is -1.51%. Based on the distribution chart, APEX Wind Power Equipment Manufacturing ranks #2146 out of 3074 companies in the Industrial Products industry, which is below the industry midpoint. Overall, APEX Wind Power Equipment Manufacturing has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does APEX Wind Power Equipment Manufacturing's Return-on-Tangible-Asset compare to CRS and ATI?
According to the Industrial Products industry distribution chart, APEX Wind Power Equipment Manufacturing ranks #2146 out of 3074 companies for Return-on-Tangible-Asset. This places APEX Wind Power Equipment Manufacturing in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.25. 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 3.25, based on 3,074 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. 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 APEX Wind Power Equipment Manufacturing and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APEX Wind Power Equipment Manufacturing's current Return-on-Tangible-Asset is -1.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APEX Wind Power Equipment Manufacturing stock overvalued right now?
APEX Wind Power Equipment Manufacturing (ROCO:7702) has a current Return-on-Tangible-Asset of -1.51%. The current Return-on-Tangible-Asset is -1.51%. APEX Wind Power Equipment Manufacturing's overall GF Score™ is 15/100 with 9 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 APEX Wind Power Equipment Manufacturing (ROCO:7702), the current Return-on-Tangible-Asset is -1.51% 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.
APEX Wind Power Equipment Manufacturing is a company that provides services ranging from steel plate storage, flame cutting (CNC), edge beveling, plate rolling, SAW submerged arc welding, to finished product related dimensional measurement and non-destructive test, APEX's one-stop service satisfies all clients with first-class products. It has great steel structure processing abilities and provides clients with the good services.
15GF Score
Get the complete analysis for ROCO:7702
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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