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Solareast Holdings CoSHSE:603366 +3.03%68 Return-on-Tangible-Asset is 4.30% as of Jun. 2026, which is 34% above its 10-year median of 3.21. GuruFocus rates SHSE:603366 with a GF Score™ of 68/100 and a GF Value™ of ¥8.10 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,037 Semiconductors companies, Solareast Holdings Co ranks worse than 54.48% 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. Solareast Holdings Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥305 Mil. Solareast Holdings Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥7,103 Mil. Therefore, Solareast Holdings Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 4.30%.
The historical rank and industry rank for Solareast Holdings Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603366'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.43 Med: 3.21 Max: 5.08
Current: 2.53
During the past 13 years, Solareast Holdings Co's highest Return-on-Tangible-Asset was 5.08%. The lowest was -9.43%. And the median was 3.21%.
SHSE:603366's Return-on-Tangible-Asset is ranked worse than 54.48% of 1037
companies
in the Semiconductors industry
Industry Median: 3.8
vs SHSE:603366: 2.53
Solareast Holdings Co (SHSE:603366) 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.
Solareast Holdings Co Return-on-Tangible-Asset Related Terms
Solareast Holdings Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Solareast Holdings 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.
Solareast Holdings Co Return-on-Tangible-Asset Chart
SHSE:603366 vs FSLR, NXT, ENPH: Return-on-Tangible-Asset Comparison
For the Solar subindustry, Solareast Holdings 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.
Solareast Holdings Co Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Solareast Holdings Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Solareast Holdings 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 4.30% mean?
Solareast Holdings Co (SHSE:603366) has a Return-on-Tangible-Asset of 4.30% 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 Solareast Holdings Co and its competitors. This is 34% above median its historical median of 3.21. According to the industry distribution chart, Solareast Holdings Co ranks #565 out of 1037 companies in the Semiconductors industry, placing it in the top 54.5%.
Is Solareast Holdings Co's Return-on-Tangible-Asset too high?
Solareast Holdings Co's current Return-on-Tangible-Asset of 4.30% is 34% above median its 10-year median of 3.21. The Semiconductors industry median Return-on-Tangible-Asset is 3.80. Solareast Holdings Co's value of 4.30% is 13.2% above this industry median. Based on the distribution chart, Solareast Holdings Co ranks #565 out of 1037 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Solareast Holdings Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solareast Holdings Co's Return-on-Tangible-Asset compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Solareast Holdings Co ranks #565 out of 1037 companies for Return-on-Tangible-Asset. This places Solareast Holdings Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.80. Solareast Holdings Co's value of 4.30% is 13.2% above this benchmark. While the company's 10-year median is 3.21 vs. the industry median of 3.80, Solareast Holdings 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 3.80, based on 1,037 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. Solareast Holdings Co's current Return-on-Tangible-Asset of 4.30% is 13.2% 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 Solareast Holdings Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solareast Holdings Co's current Return-on-Tangible-Asset is 4.30%, which is 34% above median its own 10-year median of 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solareast Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Solareast Holdings Co (SHSE:603366) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.10, compared to a current price of ¥7.83 — trading 3.3% below its estimated fair value. The current Return-on-Tangible-Asset is 4.30%, which is 34% above median its 10-year median of 3.21 and 13.2% above the Semiconductors industry median of 3.80. Solareast Holdings Co's overall GF Score™ is 68/100 with 8 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 Solareast Holdings Co (SHSE:603366), the current Return-on-Tangible-Asset is 4.30% 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 Solareast Holdings Co (SHSE:603366) Overvalued in 2026?
Based on GuruFocus' analysis, Solareast Holdings Co stock appears to be undervalued.
The current stock price of ¥7.83 is trading 3.3% below its estimated GF Value™ of ¥8.10.
GuruFocus considers Solareast Holdings Co to be Fairly Valued.
Key valuation signals for SHSE:603366:
Return-on-Tangible-Asset: 4.30% (34% above median its 10-year median of 3.21)
GF Value™: ¥8.10 vs. price of ¥7.83 (3.3% below fair value)
Industry Position: 13.2% above the Semiconductors median (#565 of 1037)
No single metric tells the full story. See the SHSE:603366 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solareast Holdings Co Ltd, formerly Jiangsu Sunrain Solar Energy Co Ltd operates in the solar energy industry. It is specialized in research and application of solar energy. The company's products are exported to more than 100 countries and regions all over the world. It provides solutions for healthy hot water and water purification system. The product range includes heat pipe collector R1, U pipe collector, domestic series heat pump, non-pressure solar water heater, pressurized pre-heated solar water heater and solar charger.
68GF Score
Get the complete analysis for SHSE:603366
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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