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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. Xiamen Xgma Machinery Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥-29.3 Mil. Xiamen Xgma Machinery Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥2,273.3 Mil. Therefore, Xiamen Xgma Machinery Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -1.29%.
The historical rank and industry rank for Xiamen Xgma Machinery Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:600815'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -32.53 Med: -3.57 Max: 9.35
Current: -3.69
During the past 13 years, Xiamen Xgma Machinery Co's highest Return-on-Tangible-Asset was 9.35%. The lowest was -32.53%. And the median was -3.57%.
SHSE:600815's Return-on-Tangible-Asset is ranked worse than 83.57% of 213
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 3.88
vs SHSE:600815: -3.69
Xiamen Xgma Machinery Co (SHSE:600815) 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.
Xiamen Xgma Machinery Co Return-on-Tangible-Asset Related Terms
Xiamen Xgma Machinery Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Xiamen Xgma Machinery 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.
Xiamen Xgma Machinery Co Return-on-Tangible-Asset Chart
SHSE:600815 vs CAT, DE, PCAR: Return-on-Tangible-Asset Comparison
For the Farm & Heavy Construction Machinery subindustry, Xiamen Xgma Machinery 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.
Xiamen Xgma Machinery Co Return-on-Tangible-Asset vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Xiamen Xgma Machinery Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Xiamen Xgma Machinery 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 -1.29% mean?
Xiamen Xgma Machinery Co (SHSE:600815) has a Return-on-Tangible-Asset of -1.29% 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 Xiamen Xgma Machinery Co and its competitors. According to the industry distribution chart, Xiamen Xgma Machinery Co ranks #178 out of 213 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 83.6%.
Is Xiamen Xgma Machinery Co's Return-on-Tangible-Asset too high?
Xiamen Xgma Machinery Co's current Return-on-Tangible-Asset is -1.29%. Based on the distribution chart, Xiamen Xgma Machinery Co ranks #178 out of 213 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Xiamen Xgma Machinery Co has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xiamen Xgma Machinery Co's Return-on-Tangible-Asset compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Xiamen Xgma Machinery Co ranks #178 out of 213 companies for Return-on-Tangible-Asset. This places Xiamen Xgma Machinery Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.88. 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 Farm & Heavy Construction Machinery company?
The median Return-on-Tangible-Asset among Farm & Heavy Construction Machinery companies is 3.88, based on 213 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 Xiamen Xgma Machinery Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Return-on-Tangible-Asset is 3.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xiamen Xgma Machinery Co's current Return-on-Tangible-Asset is -1.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xiamen Xgma Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Xiamen Xgma Machinery Co (SHSE:600815) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.59, compared to a current price of ¥3.96 — trading 52.9% above its estimated fair value. The current Return-on-Tangible-Asset is -1.29%. Xiamen Xgma Machinery Co's overall GF Score™ is 38/100 with 3 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 Xiamen Xgma Machinery Co (SHSE:600815), the current Return-on-Tangible-Asset is -1.29% 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 Xiamen Xgma Machinery Co (SHSE:600815) Overvalued in 2026?
Based on GuruFocus' analysis, Xiamen Xgma Machinery Co stock appears to be overvalued.
The current stock price of ¥3.96 is trading 52.9% above its estimated GF Value™ of ¥2.59.
GuruFocus considers Xiamen Xgma Machinery Co to be Significantly Overvalued.
Key valuation signals for SHSE:600815:
Return-on-Tangible-Asset: -1.29%
GF Value™: ¥2.59 vs. price of ¥3.96 (52.9% above fair value)
No single metric tells the full story. See the SHSE:600815 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xiamen Xgma Machinery Co Ltd is engaged in the manufacture, processing, and distribution of engineering machinery and machine accessories. Its products include scrapping machinery, mining machinery, compaction machinery, building machinery, industrial vehicles, concrete machinery, pile driving machinery, hoisting machinery, tunneling machinery. Its production business covers loaders, excavators, forklifts, road machinery, and environmental protection machinery series.
38GF Score
Get the complete analysis for SHSE:600815
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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