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YAPP Automotive Systems CoSHSE:603013 +0.27%83 Return-on-Tangible-Asset is 7.36% as of Jun. 2026, which is 6% below its 10-year median of 7.81. GuruFocus rates SHSE:603013 with a GF Score™ of 83/100 and a GF Value™ of ¥18.61 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,338 Vehicles & Parts companies, YAPP Automotive Systems Co ranks better than 78.03% 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. YAPP Automotive Systems Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥523 Mil. YAPP Automotive Systems Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥7,097 Mil. Therefore, YAPP Automotive Systems Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 7.36%.
The historical rank and industry rank for YAPP Automotive Systems Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603013'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.93 Med: 7.81 Max: 8.6
Current: 7.55
During the past 13 years, YAPP Automotive Systems Co's highest Return-on-Tangible-Asset was 8.60%. The lowest was 5.93%. And the median was 7.81%.
SHSE:603013's Return-on-Tangible-Asset is ranked better than 78.03% of 1338
companies
in the Vehicles & Parts industry
Industry Median: 3.37
vs SHSE:603013: 7.55
YAPP Automotive Systems Co (SHSE:603013) 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.
YAPP Automotive Systems Co Return-on-Tangible-Asset Related Terms
YAPP Automotive Systems 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.
YAPP Automotive Systems Co Return-on-Tangible-Asset Chart
SHSE:603013 vs ORLY, AZO, GPC: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, YAPP Automotive Systems 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.
YAPP Automotive Systems Co Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, YAPP Automotive Systems Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where YAPP Automotive Systems 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 7.36% mean?
YAPP Automotive Systems Co (SHSE:603013) has a Return-on-Tangible-Asset of 7.36% 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 YAPP Automotive Systems Co and its competitors. This is near median its historical median of 7.81. Over the past decade, YAPP Automotive Systems Co's Return-on-Tangible-Asset has ranged from 5.93 to 8.60. According to the industry distribution chart, YAPP Automotive Systems Co ranks #294 out of 1338 companies in the Vehicles & Parts industry, placing it in the top 22%.
Is YAPP Automotive Systems Co's Return-on-Tangible-Asset too high?
YAPP Automotive Systems Co's current Return-on-Tangible-Asset of 7.36% is near median its 10-year median of 7.81. Over the past 10 years, this metric has ranged from a low of 5.93 to a high of 8.60. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.37. YAPP Automotive Systems Co's value of 7.36% is 118.4% above this industry median. Based on the distribution chart, YAPP Automotive Systems Co ranks #294 out of 1338 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, YAPP Automotive Systems Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does YAPP Automotive Systems Co's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, YAPP Automotive Systems Co ranks #294 out of 1338 companies for Return-on-Tangible-Asset. This places YAPP Automotive Systems Co in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.37. YAPP Automotive Systems Co's value of 7.36% is 118.4% above this benchmark. Historically, YAPP Automotive Systems Co's own Return-on-Tangible-Asset has ranged from 5.93 to 8.60 over the past decade. While the company's 10-year median is 7.81 vs. the industry median of 3.37, YAPP Automotive Systems 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 3.37, based on 1,338 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. YAPP Automotive Systems Co's current Return-on-Tangible-Asset of 7.36% is 118.4% 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 YAPP Automotive Systems Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YAPP Automotive Systems Co's current Return-on-Tangible-Asset is 7.36%, which is near median its own 10-year median of 7.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YAPP Automotive Systems Co stock overvalued right now?
Based on GuruFocus' analysis, YAPP Automotive Systems Co (SHSE:603013) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥18.61, compared to a current price of ¥14.79 — trading 20.5% below its estimated fair value. The current Return-on-Tangible-Asset is 7.36%, which is near median its 10-year median of 7.81 and 118.4% above the Vehicles & Parts industry median of 3.37. YAPP Automotive Systems Co's overall GF Score™ is 83/100 with 1 warning sign 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 YAPP Automotive Systems Co (SHSE:603013), the current Return-on-Tangible-Asset is 7.36% 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 YAPP Automotive Systems Co (SHSE:603013) Overvalued in 2026?
Based on GuruFocus' analysis, YAPP Automotive Systems Co stock appears to be undervalued.
The current stock price of ¥14.79 is trading 20.5% below its estimated GF Value™ of ¥18.61.
GuruFocus considers YAPP Automotive Systems Co to be Modestly Undervalued.
Key valuation signals for SHSE:603013:
Return-on-Tangible-Asset: 7.36% (near median its 10-year median of 7.81)
GF Value™: ¥18.61 vs. price of ¥14.79 (20.5% below fair value)
Industry Position: 118.4% above the Vehicles & Parts median (#294 of 1338)
No single metric tells the full story. See the SHSE:603013 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
YAPP Automotive Systems Co Ltd is engaged in Research & Development, manufacturing and marketing of automotive fuel systems, and the main products are plastic fuel tanks and filler pipe.
83GF Score
Get the complete analysis for SHSE:603013
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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