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SHSE:600523'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.47 Med: 4.69 Max: 5.42
Current: 5.18
During the past 13 years, Guizhou Guihang Automotive Components Co's highest Return-on-Tangible-Asset was 5.42%. The lowest was 3.47%. And the median was 4.69%.
SHSE:600523's Return-on-Tangible-Asset is ranked better than 65.07% of 1334
companies
in the Vehicles & Parts industry
Industry Median: 3.305
vs SHSE:600523: 5.18
Guizhou Guihang Automotive Components Co (SHSE:600523) 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.
Guizhou Guihang Automotive Components Co Return-on-Tangible-Asset Related Terms
Guizhou Guihang Automotive Components 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.
Guizhou Guihang Automotive Components Co Return-on-Tangible-Asset Chart
Guizhou Guihang Automotive Components Co Annual Data
SHSE:600523 vs ORLY, AZO: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Guizhou Guihang Automotive Components 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.
Guizhou Guihang Automotive Components Co Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Guizhou Guihang Automotive Components Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Guizhou Guihang Automotive Components 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.00% mean?
Guizhou Guihang Automotive Components Co (SHSE:600523) has a Return-on-Tangible-Asset of 6.00% 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 Guizhou Guihang Automotive Components Co and its competitors. This is 28% above median its historical median of 4.69. Over the past decade, Guizhou Guihang Automotive Components Co's Return-on-Tangible-Asset has ranged from 3.47 to 5.42. According to the industry distribution chart, Guizhou Guihang Automotive Components Co ranks #466 out of 1334 companies in the Vehicles & Parts industry, placing it in the top 34.9%.
Is Guizhou Guihang Automotive Components Co's Return-on-Tangible-Asset too high?
Guizhou Guihang Automotive Components Co's current Return-on-Tangible-Asset of 6.00% is 28% above median its 10-year median of 4.69. Over the past 10 years, this metric has ranged from a low of 3.47 to a high of 5.42. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.31. Guizhou Guihang Automotive Components Co's value of 6.00% is 81.5% above this industry median. Based on the distribution chart, Guizhou Guihang Automotive Components Co ranks #466 out of 1334 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Guizhou Guihang Automotive Components Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guizhou Guihang Automotive Components Co's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Guizhou Guihang Automotive Components Co ranks #466 out of 1334 companies for Return-on-Tangible-Asset. This puts Guizhou Guihang Automotive Components Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.31. Guizhou Guihang Automotive Components Co's value of 6.00% is 81.5% above this benchmark. Historically, Guizhou Guihang Automotive Components Co's own Return-on-Tangible-Asset has ranged from 3.47 to 5.42 over the past decade. While the company's 10-year median is 4.69 vs. the industry median of 3.31, Guizhou Guihang Automotive Components 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.31, based on 1,334 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. Guizhou Guihang Automotive Components Co's current Return-on-Tangible-Asset of 6.00% is 81.5% 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 Guizhou Guihang Automotive Components Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guizhou Guihang Automotive Components Co's current Return-on-Tangible-Asset is 6.00%, which is 28% above median its own 10-year median of 4.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guizhou Guihang Automotive Components Co stock overvalued right now?
Based on GuruFocus' analysis, Guizhou Guihang Automotive Components Co (SHSE:600523) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.48, compared to a current price of ¥11.47 — trading 20.8% below its estimated fair value. The current Return-on-Tangible-Asset is 6.00%, which is 28% above median its 10-year median of 4.69 and 81.5% above the Vehicles & Parts industry median of 3.31. Guizhou Guihang Automotive Components Co's overall GF Score™ is 71/100 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 Guizhou Guihang Automotive Components Co (SHSE:600523), the current Return-on-Tangible-Asset is 6.00% 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 Guizhou Guihang Automotive Components Co (SHSE:600523) Overvalued in 2026?
Based on GuruFocus' analysis, Guizhou Guihang Automotive Components Co stock appears to be undervalued.
The current stock price of ¥11.47 is trading 20.8% below its estimated GF Value™ of ¥14.48.
GuruFocus considers Guizhou Guihang Automotive Components Co to be Modestly Undervalued.
Key valuation signals for SHSE:600523:
Return-on-Tangible-Asset: 6.00% (28% above median its 10-year median of 4.69)
GF Value™: ¥14.48 vs. price of ¥11.47 (20.8% below fair value)
Industry Position: 81.5% above the Vehicles & Parts median (#466 of 1334)
No single metric tells the full story. See the SHSE:600523 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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