Tederic Machinery Co (SHSE:603289) Return-on-Tangible-Asset: 0.51% (As of Jun. 2026) — 94% Below Median

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SHSE:603289 Tederic Machinery Co Ltd SHSE:603289
77 GF Score
Price ¥8.92
GF Value ¥10.24
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Tederic Machinery Co Return-on-Tangible-Asset?

Tederic Machinery Co SHSE:603289 -0.45% 77 Return-on-Tangible-Asset is 0.51% as of Jun. 2026, which is 94% below its 10-year median of 8.20. GuruFocus rates SHSE:603289 with a GF Score™ of 77/100 and a GF Value™ of ¥10.24 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 3,089 Industrial Products companies, Tederic Machinery Co ranks worse than 54.42% 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. Tederic Machinery Co's annualized Net Income for the quarter that ended in Jun. 2026 was ¥14 Mil. Tederic Machinery Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥2,780 Mil. Therefore, Tederic Machinery Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 0.51%.

The historical rank and industry rank for Tederic Machinery Co's Return-on-Tangible-Asset or its related term are showing as below:

SHSE:603289' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.82   Med: 8.2   Max: 11.3
Current: 2.82

During the past 13 years, Tederic Machinery Co's highest Return-on-Tangible-Asset was 11.30%. The lowest was 2.82%. And the median was 8.20%.

SHSE:603289's Return-on-Tangible-Asset is ranked worse than
54.42% of 3089 companies
in the Industrial Products industry
Industry Median: 3.43 vs SHSE:603289: 2.82

Tederic Machinery Co  (SHSE:603289) 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 company’s 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 company’s 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.


Tederic Machinery Co Return-on-Tangible-Asset Related Terms


Tederic Machinery Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Tederic 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.

Tederic Machinery Co Return-on-Tangible-Asset Chart

Tederic Machinery Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.16 8.73 5.30 4.29 3.30

Tederic Machinery Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.42 1.42 3.61 0.80 0.51

SHSE:603289 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison

For the Specialty Industrial Machinery subindustry, Tederic 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.


Tederic Machinery Co Return-on-Tangible-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tederic Machinery Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Tederic Machinery Co's Return-on-Tangible-Asset falls into.


SHSE:603289
77GF Score
Tederic Machinery Co Ltd SHSE:603289
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Tederic Machinery Co Return-on-Tangible-Asset Calculation

Tederic Machinery Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=82.209/( (2172.382+2805.827)/ 2 )
=82.209/2489.1045
=3.30 %

Tederic Machinery Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=14.308/( (2790.229+2770.752)/ 2 )
=14.308/2780.4905
=0.51 %

* 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 0.51% mean?
Tederic Machinery Co (SHSE:603289) has a Return-on-Tangible-Asset of 0.51% 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 Tederic Machinery Co and its competitors. This is 94% below median its historical median of 8.20. Over the past decade, Tederic Machinery Co's Return-on-Tangible-Asset has ranged from 2.82 to 11.30. According to the industry distribution chart, Tederic Machinery Co ranks #1681 out of 3089 companies in the Industrial Products industry, placing it in the top 54.4%.
Is Tederic Machinery Co's Return-on-Tangible-Asset too high?
Tederic Machinery Co's current Return-on-Tangible-Asset of 0.51% is 94% below median its 10-year median of 8.20. Over the past 10 years, this metric has ranged from a low of 2.82 to a high of 11.30. The Industrial Products industry median Return-on-Tangible-Asset is 3.43. Tederic Machinery Co's value of 0.51% is 85.1% below this industry median. Based on the distribution chart, Tederic Machinery Co ranks #1681 out of 3089 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Tederic Machinery Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tederic Machinery Co's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tederic Machinery Co ranks #1681 out of 3089 companies for Return-on-Tangible-Asset. This places Tederic Machinery Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.43. Tederic Machinery Co's value of 0.51% is 85.1% below this benchmark. Historically, Tederic Machinery Co's own Return-on-Tangible-Asset has ranged from 2.82 to 11.30 over the past decade. While the company's 10-year median is 8.20 vs. the industry median of 3.43, Tederic Machinery Co has consistently been below 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 3.43, based on 3,089 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. Tederic Machinery Co's current Return-on-Tangible-Asset of 0.51% is 85.1% below 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 Tederic Machinery Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tederic Machinery Co's current Return-on-Tangible-Asset is 0.51%, which is 94% below median its own 10-year median of 8.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tederic Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Tederic Machinery Co (SHSE:603289) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥10.24, compared to a current price of ¥8.92 — trading 12.9% below its estimated fair value. The current Return-on-Tangible-Asset is 0.51%, which is 94% below median its 10-year median of 8.20 and 85.1% below the Industrial Products industry median of 3.43. Tederic Machinery Co's overall GF Score™ is 77/100 with 5 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 Tederic Machinery Co (SHSE:603289), the current Return-on-Tangible-Asset is 0.51% 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 Tederic Machinery Co (SHSE:603289) Overvalued in 2026?

Based on GuruFocus' analysis, Tederic Machinery Co stock appears to be undervalued. The current stock price of ¥8.92 is trading 12.9% below its estimated GF Value™ of ¥10.24. GuruFocus considers Tederic Machinery Co to be Modestly Undervalued.

Key valuation signals for SHSE:603289:

  • Return-on-Tangible-Asset: 0.51% (94% below median its 10-year median of 8.20)
  • GF Value™: ¥10.24 vs. price of ¥8.92 (12.9% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 85.1% below the Industrial Products median (#1681 of 3089)

No single metric tells the full story. See the SHSE:603289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tederic Machinery Co Business Description

Address No. 245, North Wenze Road, Xiasha Street, Hangzhou Economic Technological Development Area, Zhejiang Province, Hangzhou, CHN, 310018
Tederic Machinery Co Ltd is an IMM turn-key solution supplier. Its product offering includes DT toggle system series, DH two-platen series, DE full-electric series and multi-components IMM. Its solutions are applied in auto parts and home appliance, industrial and civil products, logistics, utility tunnel and pipe fitting, food and medicine package and electronics and office automation.
77GF Score

Get the complete analysis for SHSE:603289

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥8.92
Price
¥10.24
GF Value