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SHSE:600444's Return-on-Tangible-Asset is ranked better than 56.69% of 1787
companies
in the Construction industry
Industry Median: 3.08
vs SHSE:600444: 4.07
Sinomach General Machinery Science & Technology Co (SHSE:600444) 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.
Sinomach General Machinery Science & Technology Co Return-on-Tangible-Asset Related Terms
Sinomach General Machinery Science & 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.
Sinomach General Machinery Science & Technology Co Return-on-Tangible-Asset Chart
Sinomach General Machinery Science & Technology Co Annual Data
SHSE:600444 vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, Sinomach General Machinery Science & 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.
Sinomach General Machinery Science & Technology Co Return-on-Tangible-Asset vs Construction 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 6.55% mean?
Sinomach General Machinery Science & Technology Co (SHSE:600444) has a Return-on-Tangible-Asset of 6.55% 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 Sinomach General Machinery Science & Technology Co and its competitors. This is 62% above median its historical median of 4.05. Over the past decade, Sinomach General Machinery Science & Technology Co's Return-on-Tangible-Asset has ranged from 1.80 to 20.01. According to the industry distribution chart, Sinomach General Machinery Science & Technology Co ranks #774 out of 1787 companies in the Construction industry, placing it in the top 43.3%.
Is Sinomach General Machinery Science & Technology Co's Return-on-Tangible-Asset too high?
Sinomach General Machinery Science & Technology Co's current Return-on-Tangible-Asset of 6.55% is 62% above median its 10-year median of 4.05. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 20.01. The Construction industry median Return-on-Tangible-Asset is 3.08. Sinomach General Machinery Science & Technology Co's value of 6.55% is 112.7% above this industry median. Based on the distribution chart, Sinomach General Machinery Science & Technology Co ranks #774 out of 1787 companies in the Construction industry, which is above the industry midpoint. Overall, Sinomach General Machinery Science & Technology Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sinomach General Machinery Science & Technology Co's Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, Sinomach General Machinery Science & Technology Co ranks #774 out of 1787 companies for Return-on-Tangible-Asset. This puts Sinomach General Machinery Science & Technology Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.08. Sinomach General Machinery Science & Technology Co's value of 6.55% is 112.7% above this benchmark. Historically, Sinomach General Machinery Science & Technology Co's own Return-on-Tangible-Asset has ranged from 1.80 to 20.01 over the past decade. While the company's 10-year median is 4.05 vs. the industry median of 3.08, Sinomach General Machinery Science & 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.08, based on 1,787 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. Sinomach General Machinery Science & Technology Co's current Return-on-Tangible-Asset of 6.55% is 112.7% 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 Sinomach General Machinery Science & Technology Co and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinomach General Machinery Science & Technology Co's current Return-on-Tangible-Asset is 6.55%, which is 62% above median its own 10-year median of 4.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinomach General Machinery Science & Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Sinomach General Machinery Science & Technology Co (SHSE:600444) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥18.63, compared to a current price of ¥14.35 — trading 23% below its estimated fair value. The current Return-on-Tangible-Asset is 6.55%, which is 62% above median its 10-year median of 4.05 and 112.7% above the Construction industry median of 3.08. Sinomach General Machinery Science & Technology Co's overall GF Score™ is 68/100 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 Sinomach General Machinery Science & Technology Co (SHSE:600444), the current Return-on-Tangible-Asset is 6.55% 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.
Is Sinomach General Machinery Science & Technology Co (SHSE:600444) Overvalued in 2026?
Based on GuruFocus' analysis, Sinomach General Machinery Science & Technology Co stock appears to be undervalued.
The current stock price of ¥14.35 is trading 23% below its estimated GF Value™ of ¥18.63.
GuruFocus considers Sinomach General Machinery Science & Technology Co to be Modestly Undervalued.
Key valuation signals for SHSE:600444:
Return-on-Tangible-Asset: 6.55% (62% above median its 10-year median of 4.05)
GF Value™: ¥18.63 vs. price of ¥14.35 (23% below fair value)
Industry Position: 112.7% above the Construction median (#774 of 1787)
No single metric tells the full story. See the SHSE:600444 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sinomach General Machinery Science & Technology Co Ltd is engaged in the business of fluid machinery and pipe. The main products of the fluid machinery business include refrigeration experimental equipment, sewage treatment equipment and various other non-standard fluid machinery equipment. The pipe business is mainly engaged in producing UPVC double-wall corrugated pipe, HDPE double-wall corrugated pipe, HDPE water supply pipe, HDPE gas pipe, HDPE traction pipe, HDPE ground source heat pump pipe, HDPE steel coiled pipe, HDPE steel pipe corrugated pipe, UPVC reinforced pipe, PPR hot and cold water pipe, UPVC building drain pipe, line pipe, inner rib pipe, structural wall pipe, and pipe fittings.
68GF Score
Get the complete analysis for SHSE:600444
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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