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Quick Intelligent Equipment CoSHSE:603203 -0.16%76 Return-on-Tangible-Asset is 14.52% as of Mar. 2026, which is 10% below its 10-year median of 16.20. GuruFocus rates SHSE:603203 with a GF Score™ of 76/100 and a GF Value™ of ¥27.32 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,086 Industrial Products companies, Quick Intelligent Equipment Co ranks better than 73.36% on this metric.
The historical rank and industry rank for Quick Intelligent Equipment Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603203'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.99 Med: 16.2 Max: 20.86
Current: 7.35
During the past 13 years, Quick Intelligent Equipment Co's highest Return-on-Tangible-Asset was 20.86%. The lowest was 6.99%. And the median was 16.20%.
SHSE:603203's Return-on-Tangible-Asset is ranked better than 73.36% of 3086
companies
in the Industrial Products industry
Industry Median: 3.455
vs SHSE:603203: 7.35
Quick Intelligent Equipment Co (SHSE:603203) 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.
Quick Intelligent Equipment Co Return-on-Tangible-Asset Related Terms
Quick Intelligent Equipment 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.
Quick Intelligent Equipment Co Return-on-Tangible-Asset Chart
SHSE:603203 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Quick Intelligent Equipment 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.
Quick Intelligent Equipment Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Quick Intelligent Equipment Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Quick Intelligent Equipment 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 14.52% mean?
Quick Intelligent Equipment Co (SHSE:603203) has a Return-on-Tangible-Asset of 14.52% 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 Quick Intelligent Equipment Co and its competitors. This is 10% below median its historical median of 16.20. Over the past decade, Quick Intelligent Equipment Co's Return-on-Tangible-Asset has ranged from 6.99 to 20.86. According to the industry distribution chart, Quick Intelligent Equipment Co ranks #822 out of 3086 companies in the Industrial Products industry, placing it in the top 26.6%.
Is Quick Intelligent Equipment Co's Return-on-Tangible-Asset too high?
Quick Intelligent Equipment Co's current Return-on-Tangible-Asset of 14.52% is 10% below median its 10-year median of 16.20. Over the past 10 years, this metric has ranged from a low of 6.99 to a high of 20.86. The Industrial Products industry median Return-on-Tangible-Asset is 3.46. Quick Intelligent Equipment Co's value of 14.52% is 320.3% above this industry median. Based on the distribution chart, Quick Intelligent Equipment Co ranks #822 out of 3086 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Quick Intelligent Equipment Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Quick Intelligent Equipment Co's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Quick Intelligent Equipment Co ranks #822 out of 3086 companies for Return-on-Tangible-Asset. This puts Quick Intelligent Equipment Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.46. Quick Intelligent Equipment Co's value of 14.52% is 320.3% above this benchmark. Historically, Quick Intelligent Equipment Co's own Return-on-Tangible-Asset has ranged from 6.99 to 20.86 over the past decade. While the company's 10-year median is 16.20 vs. the industry median of 3.46, Quick Intelligent Equipment 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.46, based on 3,086 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. Quick Intelligent Equipment Co's current Return-on-Tangible-Asset of 14.52% is 320.3% 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 Quick Intelligent Equipment Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quick Intelligent Equipment Co's current Return-on-Tangible-Asset is 14.52%, which is 10% below median its own 10-year median of 16.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quick Intelligent Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Quick Intelligent Equipment Co (SHSE:603203) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥27.32, compared to a current price of ¥42.59 — trading 55.9% above its estimated fair value. The current Return-on-Tangible-Asset is 14.52%, which is 10% below median its 10-year median of 16.20 and 320.3% above the Industrial Products industry median of 3.46. Quick Intelligent Equipment Co's overall GF Score™ is 76/100 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 Quick Intelligent Equipment Co (SHSE:603203), the current Return-on-Tangible-Asset is 14.52% 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 Quick Intelligent Equipment Co (SHSE:603203) Overvalued in 2026?
Based on GuruFocus' analysis, Quick Intelligent Equipment Co stock appears to be overvalued.
The current stock price of ¥42.59 is trading 55.9% above its estimated GF Value™ of ¥27.32.
GuruFocus considers Quick Intelligent Equipment Co to be Significantly Overvalued.
Key valuation signals for SHSE:603203:
Return-on-Tangible-Asset: 14.52% (10% below median its 10-year median of 16.20)
GF Value™: ¥27.32 vs. price of ¥42.59 (55.9% above fair value)
Industry Position: 320.3% above the Industrial Products median (#822 of 3086)
No single metric tells the full story. See the SHSE:603203 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Intelligent Equipment Co Ltd is an industrial machinery manufacturing company. It has two major product lines: intelligent equipment which includes soldering iron welding robot, laser welding robot, automatic welding equipment, automatic screw locking equipment and intelligent soldering station; and system integration product line include automatic welding, automatic dispensing, automatic assembly testing, AOI visual inspection, handling transfer and MES integrated application. It is widely serving 3C electronics, automotive electronics, medical electronics, smart home, new energy lithium industry customers.
76GF Score
Get the complete analysis for SHSE:603203
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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