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The historical rank and industry rank for Tianjin Hi-Tech Development Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:600082'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.62 Med: 0.39 Max: 1.09
Current: -2.62
During the past 13 years, Tianjin Hi-Tech Development Co's highest Return-on-Tangible-Asset was 1.09%. The lowest was -2.62%. And the median was 0.39%.
SHSE:600082's Return-on-Tangible-Asset is ranked worse than 81.34% of 568
companies
in the Conglomerates industry
Industry Median: 2.735
vs SHSE:600082: -2.62
Tianjin Hi-Tech Development Co (SHSE:600082) 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.
Tianjin Hi-Tech Development Co Return-on-Tangible-Asset Related Terms
Tianjin Hi-Tech Development 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.
Tianjin Hi-Tech Development Co Return-on-Tangible-Asset Chart
SHSE:600082 vs MMM, HON: Return-on-Tangible-Asset Comparison
For the Conglomerates subindustry, Tianjin Hi-Tech Development 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.
Tianjin Hi-Tech Development Co Return-on-Tangible-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Tianjin Hi-Tech Development Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tianjin Hi-Tech Development Co'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 -2.14% mean?
Tianjin Hi-Tech Development Co (SHSE:600082) has a Return-on-Tangible-Asset of -2.14% 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 Tianjin Hi-Tech Development Co and its competitors. According to the industry distribution chart, Tianjin Hi-Tech Development Co ranks #462 out of 568 companies in the Conglomerates industry, placing it in the top 81.3%.
Is Tianjin Hi-Tech Development Co's Return-on-Tangible-Asset too high?
Tianjin Hi-Tech Development Co's current Return-on-Tangible-Asset is -2.14%. Based on the distribution chart, Tianjin Hi-Tech Development Co ranks #462 out of 568 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Tianjin Hi-Tech Development Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tianjin Hi-Tech Development Co's Return-on-Tangible-Asset compare to MMM and HON?
According to the Conglomerates industry distribution chart, Tianjin Hi-Tech Development Co ranks #462 out of 568 companies for Return-on-Tangible-Asset. This places Tianjin Hi-Tech Development Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.74. 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 Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.74, based on 568 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 Tianjin Hi-Tech Development Co and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianjin Hi-Tech Development Co's current Return-on-Tangible-Asset is -2.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin Hi-Tech Development Co stock overvalued right now?
Based on GuruFocus' analysis, Tianjin Hi-Tech Development Co (SHSE:600082) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.46, compared to a current price of ¥2.59 — trading 25.1% below its estimated fair value. The current Return-on-Tangible-Asset is -2.14%. Tianjin Hi-Tech Development Co's overall GF Score™ is 58/100 with 4 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 Tianjin Hi-Tech Development Co (SHSE:600082), the current Return-on-Tangible-Asset is -2.14% 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.
Is Tianjin Hi-Tech Development Co (SHSE:600082) Overvalued in 2026?
Based on GuruFocus' analysis, Tianjin Hi-Tech Development Co stock appears to be undervalued.
The current stock price of ¥2.59 is trading 25.1% below its estimated GF Value™ of ¥3.46.
GuruFocus considers Tianjin Hi-Tech Development Co to be Modestly Undervalued.
Key valuation signals for SHSE:600082:
Return-on-Tangible-Asset: -2.14%
GF Value™: ¥3.46 vs. price of ¥2.59 (25.1% below fair value)
No single metric tells the full story. See the SHSE:600082 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tianjin Hi-Tech Development Co Business Description
Tianjin Hi-Tech Development Co Ltd is engaged in investing in high-tech companies, as well as provides business incubation, rental and leasing, and technical services. Through its subsidiaries, the company sells computer network products, develops computer software, and builds a telecommunication broadband network.
58GF Score
Get the complete analysis for SHSE:600082
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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