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The historical rank and industry rank for Changzhou Tenglong Auto Parts Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603158'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.12 Med: 6.16 Max: 11.33
Current: 1.62
During the past 13 years, Changzhou Tenglong Auto Parts Co's highest Return-on-Tangible-Asset was 11.33%. The lowest was 1.12%. And the median was 6.16%.
SHSE:603158's Return-on-Tangible-Asset is ranked worse than 66.94% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 3.4
vs SHSE:603158: 1.62
Changzhou Tenglong Auto Parts Co (SHSE:603158) 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.
Changzhou Tenglong Auto Parts Co Return-on-Tangible-Asset Related Terms
Changzhou Tenglong Auto Parts 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.
Changzhou Tenglong Auto Parts Co Return-on-Tangible-Asset Chart
SHSE:603158 vs ORLY, AZO: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Changzhou Tenglong Auto Parts 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.
Changzhou Tenglong Auto Parts Co Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Changzhou Tenglong Auto Parts Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Changzhou Tenglong Auto Parts 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 5.15% mean?
Changzhou Tenglong Auto Parts Co (SHSE:603158) has a Return-on-Tangible-Asset of 5.15% 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 Changzhou Tenglong Auto Parts Co and its competitors. This is 16% below median its historical median of 6.16. Over the past decade, Changzhou Tenglong Auto Parts Co's Return-on-Tangible-Asset has ranged from 1.12 to 11.33. According to the industry distribution chart, Changzhou Tenglong Auto Parts Co ranks #895 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 66.9%.
Is Changzhou Tenglong Auto Parts Co's Return-on-Tangible-Asset too high?
Changzhou Tenglong Auto Parts Co's current Return-on-Tangible-Asset of 5.15% is 16% below median its 10-year median of 6.16. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 11.33. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.40. Changzhou Tenglong Auto Parts Co's value of 5.15% is 51.5% above this industry median. Based on the distribution chart, Changzhou Tenglong Auto Parts Co ranks #895 out of 1337 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Changzhou Tenglong Auto Parts Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Changzhou Tenglong Auto Parts Co's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Changzhou Tenglong Auto Parts Co ranks #895 out of 1337 companies for Return-on-Tangible-Asset. This places Changzhou Tenglong Auto Parts Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.40. Changzhou Tenglong Auto Parts Co's value of 5.15% is 51.5% above this benchmark. Historically, Changzhou Tenglong Auto Parts Co's own Return-on-Tangible-Asset has ranged from 1.12 to 11.33 over the past decade. While the company's 10-year median is 6.16 vs. the industry median of 3.40, Changzhou Tenglong Auto Parts 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 3.40, based on 1,337 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. Changzhou Tenglong Auto Parts Co's current Return-on-Tangible-Asset of 5.15% is 51.5% 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 Changzhou Tenglong Auto Parts Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changzhou Tenglong Auto Parts Co's current Return-on-Tangible-Asset is 5.15%, which is 16% below median its own 10-year median of 6.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changzhou Tenglong Auto Parts Co stock overvalued right now?
Based on GuruFocus' analysis, Changzhou Tenglong Auto Parts Co (SHSE:603158) is currently considered Fairly Valued. The stock's GF Value™ is ¥11.64, compared to a current price of ¥10.77 — trading 7.5% below its estimated fair value. The current Return-on-Tangible-Asset is 5.15%, which is 16% below median its 10-year median of 6.16 and 51.5% above the Vehicles & Parts industry median of 3.40. Changzhou Tenglong Auto Parts Co's overall GF Score™ is 83/100 with 6 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 Changzhou Tenglong Auto Parts Co (SHSE:603158), the current Return-on-Tangible-Asset is 5.15% 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 Changzhou Tenglong Auto Parts Co (SHSE:603158) Overvalued in 2026?
Based on GuruFocus' analysis, Changzhou Tenglong Auto Parts Co stock appears to be undervalued.
The current stock price of ¥10.77 is trading 7.5% below its estimated GF Value™ of ¥11.64.
GuruFocus considers Changzhou Tenglong Auto Parts Co to be Fairly Valued.
Key valuation signals for SHSE:603158:
Return-on-Tangible-Asset: 5.15% (16% below median its 10-year median of 6.16)
GF Value™: ¥11.64 vs. price of ¥10.77 (7.5% below fair value)
Industry Position: 51.5% above the Vehicles & Parts median (#895 of 1337)
No single metric tells the full story. See the SHSE:603158 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changzhou Tenglong Auto Parts Co Ltd provides services for auto parts. It is engaged in developing and manufacturing auto heat exchange pipes, especially auto air-conditioning pipes and accessories. It also has explored its business in the energy-conservative and environmentally protective auto parts field, including light alloy materials, EGR products, auto sensors. It offers a variety of automotive air conditioning pipes, automotive heat exchange systems connecting hard pipes and automotive heat exchange systems accessories.
83GF Score
Get the complete analysis for SHSE:603158
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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