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The historical rank and industry rank for Tianjin Benefo Tejing Electric Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:600468'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.02 Med: 2.67 Max: 3.61
Current: 2.18
During the past 13 years, Tianjin Benefo Tejing Electric Co's highest Return-on-Tangible-Asset was 3.61%. The lowest was -3.02%. And the median was 2.67%.
SHSE:600468's Return-on-Tangible-Asset is ranked worse than 58.57% of 3080
companies
in the Industrial Products industry
Industry Median: 3.355
vs SHSE:600468: 2.18
Tianjin Benefo Tejing Electric Co (SHSE:600468) 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 Benefo Tejing Electric Co Return-on-Tangible-Asset Related Terms
Tianjin Benefo Tejing Electric 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 Benefo Tejing Electric Co Return-on-Tangible-Asset Chart
SHSE:600468 vs VRT, BE: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Tianjin Benefo Tejing Electric 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 Benefo Tejing Electric Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tianjin Benefo Tejing Electric Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tianjin Benefo Tejing Electric 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 2.63% mean?
Tianjin Benefo Tejing Electric Co (SHSE:600468) has a Return-on-Tangible-Asset of 2.63% 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 Benefo Tejing Electric Co and its competitors. This is near median its historical median of 2.67. According to the industry distribution chart, Tianjin Benefo Tejing Electric Co ranks #1804 out of 3080 companies in the Industrial Products industry, placing it in the top 58.6%.
Is Tianjin Benefo Tejing Electric Co's Return-on-Tangible-Asset too high?
Tianjin Benefo Tejing Electric Co's current Return-on-Tangible-Asset of 2.63% is near median its 10-year median of 2.67. The Industrial Products industry median Return-on-Tangible-Asset is 3.36. Tianjin Benefo Tejing Electric Co's value of 2.63% is 21.6% below this industry median. Based on the distribution chart, Tianjin Benefo Tejing Electric Co ranks #1804 out of 3080 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Tianjin Benefo Tejing Electric Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tianjin Benefo Tejing Electric Co's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Tianjin Benefo Tejing Electric Co ranks #1804 out of 3080 companies for Return-on-Tangible-Asset. This places Tianjin Benefo Tejing Electric Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.36. Tianjin Benefo Tejing Electric Co's value of 2.63% is 21.6% below this benchmark. While the company's 10-year median is 2.67 vs. the industry median of 3.36, Tianjin Benefo Tejing Electric Co has consistently been below 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.36, based on 3,080 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. Tianjin Benefo Tejing Electric Co's current Return-on-Tangible-Asset of 2.63% is 21.6% below 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 Tianjin Benefo Tejing Electric Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianjin Benefo Tejing Electric Co's current Return-on-Tangible-Asset is 2.63%, which is near median its own 10-year median of 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin Benefo Tejing Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Tianjin Benefo Tejing Electric Co (SHSE:600468) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.87, compared to a current price of ¥5.78 — trading 1.5% below its estimated fair value. The current Return-on-Tangible-Asset is 2.63%, which is near median its 10-year median of 2.67 and 21.6% below the Industrial Products industry median of 3.36. Tianjin Benefo Tejing Electric Co's overall GF Score™ is 62/100 with 5 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 Benefo Tejing Electric Co (SHSE:600468), the current Return-on-Tangible-Asset is 2.63% 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 Benefo Tejing Electric Co (SHSE:600468) Overvalued in 2026?
Based on GuruFocus' analysis, Tianjin Benefo Tejing Electric Co stock appears to be undervalued.
The current stock price of ¥5.78 is trading 1.5% below its estimated GF Value™ of ¥5.87.
GuruFocus considers Tianjin Benefo Tejing Electric Co to be Fairly Valued.
Key valuation signals for SHSE:600468:
Return-on-Tangible-Asset: 2.63% (near median its 10-year median of 2.67)
GF Value™: ¥5.87 vs. price of ¥5.78 (1.5% below fair value)
Industry Position: 21.6% below the Industrial Products median (#1804 of 3080)
No single metric tells the full story. See the SHSE:600468 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tianjin Benefo Tejing Electric Co Ltd is engaged in the manufacture of transmission and distribution equipment, high and low-voltage electrical components, and electrical transmission and distribution equipment in China. The products include: high-power power electronic products SVG, SVC, used to stabilize system voltage and solve system voltage fluctuation problems; transmission system secondary control power connection products, used for high-voltage and ultra-high-voltage switch control system connection; distribution switch control equipment, used to provide distribution system solutions.
62GF Score
Get the complete analysis for SHSE:600468
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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