Tsinghua Tongfang Co (SHSE:600100) Return-on-Tangible-Asset: -1.59% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600100 Tsinghua Tongfang Co Ltd SHSE:600100
52 GF Score
Price ¥7.02
GF Value ¥4.42
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Tsinghua Tongfang Co Return-on-Tangible-Asset?

Tsinghua Tongfang Co SHSE:600100 -1.13% 52 Return-on-Tangible-Asset is -1.59% as of Mar. 2026. GuruFocus rates SHSE:600100 with a GF Score™ of 52/100 and a GF Value™ of ¥4.42 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,501 Hardware companies, Tsinghua Tongfang Co ranks worse than 61.78% 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. Tsinghua Tongfang Co's annualized Net Income for the quarter that ended in Mar. 2026 was ¥-734 Mil. Tsinghua Tongfang Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥46,213 Mil. Therefore, Tsinghua Tongfang Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -1.59%.

The historical rank and industry rank for Tsinghua Tongfang Co's Return-on-Tangible-Asset or its related term are showing as below:

SHSE:600100' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.39   Med: 0.18   Max: 8.15
Current: 0.7

During the past 13 years, Tsinghua Tongfang Co's highest Return-on-Tangible-Asset was 8.15%. The lowest was -6.39%. And the median was 0.18%.

SHSE:600100's Return-on-Tangible-Asset is ranked worse than
61.78% of 2501 companies
in the Hardware industry
Industry Median: 2.48 vs SHSE:600100: 0.70

Tsinghua Tongfang Co  (SHSE:600100) 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 company’s 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 company’s 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.


Tsinghua Tongfang Co Return-on-Tangible-Asset Related Terms


Tsinghua Tongfang Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Tsinghua Tongfang Co's Return-on-Tangible-Asset can be seen below:

* 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.

Tsinghua Tongfang Co Return-on-Tangible-Asset Chart

Tsinghua Tongfang Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.19 -1.41 -1.48 0.95 1.04

Tsinghua Tongfang Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.17 -1.98 4.89 1.41 -1.59

SHSE:600100 vs DELL, ANET, SNDK: Return-on-Tangible-Asset Comparison

For the Computer Hardware subindustry, Tsinghua Tongfang 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.


Tsinghua Tongfang Co Return-on-Tangible-Asset vs Hardware Industry

For the Hardware industry and Technology sector, Tsinghua Tongfang Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Tsinghua Tongfang Co's Return-on-Tangible-Asset falls into.


SHSE:600100
52GF Score
Tsinghua Tongfang Co Ltd SHSE:600100
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tsinghua Tongfang Co Return-on-Tangible-Asset Calculation

Tsinghua Tongfang Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=495.006/( (48906.567+46440.494)/ 2 )
=495.006/47673.5305
=1.04 %

Tsinghua Tongfang Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-733.924/( (46440.494+45985.689)/ 2 )
=-733.924/46213.0915
=-1.59 %

* 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 -1.59% mean?
Tsinghua Tongfang Co (SHSE:600100) has a Return-on-Tangible-Asset of -1.59% 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 Tsinghua Tongfang Co and its competitors. According to the industry distribution chart, Tsinghua Tongfang Co ranks #1545 out of 2501 companies in the Hardware industry, placing it in the top 61.8%.
Is Tsinghua Tongfang Co's Return-on-Tangible-Asset too high?
Tsinghua Tongfang Co's current Return-on-Tangible-Asset is -1.59%. Based on the distribution chart, Tsinghua Tongfang Co ranks #1545 out of 2501 companies in the Hardware industry, which is below the industry midpoint. Overall, Tsinghua Tongfang Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tsinghua Tongfang Co's Return-on-Tangible-Asset compare to DELL and ANET?
According to the Hardware industry distribution chart, Tsinghua Tongfang Co ranks #1545 out of 2501 companies for Return-on-Tangible-Asset. This places Tsinghua Tongfang Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.48. 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 2.48, based on 2,501 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 Tsinghua Tongfang Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsinghua Tongfang Co's current Return-on-Tangible-Asset is -1.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsinghua Tongfang Co stock overvalued right now?
Based on GuruFocus' analysis, Tsinghua Tongfang Co (SHSE:600100) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.42, compared to a current price of ¥7.02 — trading 58.8% above its estimated fair value. The current Return-on-Tangible-Asset is -1.59%. Tsinghua Tongfang Co's overall GF Score™ is 52/100 with 6 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 Tsinghua Tongfang Co (SHSE:600100), the current Return-on-Tangible-Asset is -1.59% 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 Tsinghua Tongfang Co (SHSE:600100) Overvalued in 2026?

Based on GuruFocus' analysis, Tsinghua Tongfang Co stock appears to be overvalued. The current stock price of ¥7.02 is trading 58.8% above its estimated GF Value™ of ¥4.42. GuruFocus considers Tsinghua Tongfang Co to be Significantly Overvalued.

Key valuation signals for SHSE:600100:

  • Return-on-Tangible-Asset: -1.59%
  • GF Value™: ¥4.42 vs. price of ¥7.02 (58.8% above fair value)
  • GF Score™: 52/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600100 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tsinghua Tongfang Co Business Description

Address No. 1 Wangzhuang Road, 30th Floor, Tower A, Tsinghua Tongfang Technology Building, Haidian District, Beijing, CHN, 100083
Tsinghua Tongfang Co Ltd is a China-based company engaged in to the industrial fields of nuclear technology application, smart energy, and digital information. Its business model is manufacturing and software and information technology service industries. Its products are security inspection equipment, CNKI knowledge data products, data applications, urban heating networks, rail transit intelligence, heat pump energy-saving products, lighting and scientific and industrial equipment, computers and peripheral products, and other commercial and consumer electronic equipment, technological financial services to help promote technological innovation and development, and Others.
52GF Score

Get the complete analysis for SHSE:600100

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥7.02
Price
¥4.42
GF Value