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Liying Environmental Protection Technology CoROCO:7820 +1.25%22 Return-on-Tangible-Asset is 7.37% as of Jun. 2026, which is 66% above its 10-year median of 4.45. GuruFocus rates ROCO:7820 with a GF Score™ of 22/100. Among 247 Waste Management companies, Liying Environmental Protection Technology Co ranks better than 69.64% on this metric.
ROCO:7820's Return-on-Tangible-Asset is ranked better than 69.64% of 247
companies
in the Waste Management industry
Industry Median: 2.29
vs ROCO:7820: 5.96
Liying Environmental Protection Technology Co (ROCO:7820) 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.
Liying Environmental Protection Technology Co Return-on-Tangible-Asset Related Terms
Liying Environmental Protection 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.
Liying Environmental Protection Technology Co Return-on-Tangible-Asset Chart
Liying Environmental Protection Technology Co Annual Data
ROCO:7820 vs WM, RSG, WCN: Return-on-Tangible-Asset Comparison
For the Waste Management subindustry, Liying Environmental Protection 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.
Liying Environmental Protection Technology Co Return-on-Tangible-Asset vs Waste Management Industry
* 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 7.37% mean?
Liying Environmental Protection Technology Co (ROCO:7820) has a Return-on-Tangible-Asset of 7.37% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Liying Environmental Protection Technology Co and its competitors. This is 66% above median its historical median of 4.45. Over the past decade, Liying Environmental Protection Technology Co's Return-on-Tangible-Asset has ranged from 3.15 to 5.96. According to the industry distribution chart, Liying Environmental Protection Technology Co ranks #75 out of 247 companies in the Waste Management industry, placing it in the top 30.4%.
Is Liying Environmental Protection Technology Co's Return-on-Tangible-Asset too high?
Liying Environmental Protection Technology Co's current Return-on-Tangible-Asset of 7.37% is 66% above median its 10-year median of 4.45. Over the past 10 years, this metric has ranged from a low of 3.15 to a high of 5.96. The Waste Management industry median Return-on-Tangible-Asset is 2.29. Liying Environmental Protection Technology Co's value of 7.37% is 221.8% above this industry median. Based on the distribution chart, Liying Environmental Protection Technology Co ranks #75 out of 247 companies in the Waste Management industry, which is above the industry midpoint. Overall, Liying Environmental Protection Technology Co has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Liying Environmental Protection Technology Co's Return-on-Tangible-Asset compare to WM and RSG?
According to the Waste Management industry distribution chart, Liying Environmental Protection Technology Co ranks #75 out of 247 companies for Return-on-Tangible-Asset. This puts Liying Environmental Protection Technology Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.29. Liying Environmental Protection Technology Co's value of 7.37% is 221.8% above this benchmark. Historically, Liying Environmental Protection Technology Co's own Return-on-Tangible-Asset has ranged from 3.15 to 5.96 over the past decade. While the company's 10-year median is 4.45 vs. the industry median of 2.29, Liying Environmental Protection 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 Waste Management company?
The median Return-on-Tangible-Asset among Waste Management companies is 2.29, based on 247 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. Liying Environmental Protection Technology Co's current Return-on-Tangible-Asset of 7.37% is 221.8% 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 Liying Environmental Protection Technology Co and its competitors. For the Waste Management industry, the median Return-on-Tangible-Asset is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liying Environmental Protection Technology Co's current Return-on-Tangible-Asset is 7.37%, which is 66% above median its own 10-year median of 4.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liying Environmental Protection Technology Co stock overvalued right now?
Liying Environmental Protection Technology Co (ROCO:7820) has a current Return-on-Tangible-Asset of 7.37%. The current Return-on-Tangible-Asset is 7.37%, which is 66% above median its 10-year median of 4.45 and 221.8% above the Waste Management industry median of 2.29. Liying Environmental Protection Technology Co's overall GF Score™ is 22/100. 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 Liying Environmental Protection Technology Co (ROCO:7820), the current Return-on-Tangible-Asset is 7.37% as of Jun. 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.
Liying Environmental Protection Technology Co Ltd is engaged in Waste hydrofluoric acid and calcium fluoride sludge recycling technology services and artificial fluorite. The group receives and processes industrial waste calcium fluoride sludge from domestic semiconductor, panel, and solar cell companies monthly to produce artificial fluorite, a raw material necessary for steelmaking, through reuse processes.
22GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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