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The historical rank and industry rank for Guangzhou Tongda Auto Electric Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603390'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.52 Med: 3.31 Max: 23.91
Current: 6.59
During the past 12 years, Guangzhou Tongda Auto Electric Co's highest Return-on-Tangible-Asset was 23.91%. The lowest was -5.52%. And the median was 3.31%.
SHSE:603390's Return-on-Tangible-Asset is ranked better than 73.69% of 1338
companies
in the Vehicles & Parts industry
Industry Median: 3.345
vs SHSE:603390: 6.59
Guangzhou Tongda Auto Electric Co (SHSE:603390) 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.
Guangzhou Tongda Auto Electric Co Return-on-Tangible-Asset Related Terms
Guangzhou Tongda Auto Electric 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.
Guangzhou Tongda Auto Electric Co Return-on-Tangible-Asset Chart
SHSE:603390 vs ORLY, AZO, GPC: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Guangzhou Tongda Auto Electric 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.
Guangzhou Tongda Auto Electric Co Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Guangzhou Tongda Auto Electric Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Guangzhou Tongda Auto Electric 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 1.79% mean?
Guangzhou Tongda Auto Electric Co (SHSE:603390) has a Return-on-Tangible-Asset of 1.79% 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 Guangzhou Tongda Auto Electric Co and its competitors. This is 46% below median its historical median of 3.31. According to the industry distribution chart, Guangzhou Tongda Auto Electric Co ranks #352 out of 1338 companies in the Vehicles & Parts industry, placing it in the top 26.3%.
Is Guangzhou Tongda Auto Electric Co's Return-on-Tangible-Asset too high?
Guangzhou Tongda Auto Electric Co's current Return-on-Tangible-Asset of 1.79% is 46% below median its 10-year median of 3.31. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.35. Guangzhou Tongda Auto Electric Co's value of 1.79% is 46.5% below this industry median. Based on the distribution chart, Guangzhou Tongda Auto Electric Co ranks #352 out of 1338 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Guangzhou Tongda Auto Electric Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guangzhou Tongda Auto Electric Co's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Guangzhou Tongda Auto Electric Co ranks #352 out of 1338 companies for Return-on-Tangible-Asset. This puts Guangzhou Tongda Auto Electric Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.35. Guangzhou Tongda Auto Electric Co's value of 1.79% is 46.5% below this benchmark. While the company's 10-year median is 3.31 vs. the industry median of 3.35, Guangzhou Tongda Auto Electric 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 a Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.35, 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. Guangzhou Tongda Auto Electric Co's current Return-on-Tangible-Asset of 1.79% is 46.5% 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 Guangzhou Tongda Auto Electric Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangzhou Tongda Auto Electric Co's current Return-on-Tangible-Asset is 1.79%, which is 46% below median its own 10-year median of 3.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangzhou Tongda Auto Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Guangzhou Tongda Auto Electric Co (SHSE:603390) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.68, compared to a current price of ¥11.11 — trading 24.3% below its estimated fair value. The current Return-on-Tangible-Asset is 1.79%, which is 46% below median its 10-year median of 3.31 and 46.5% below the Vehicles & Parts industry median of 3.35. Guangzhou Tongda Auto Electric Co's overall GF Score™ is 74/100 with 2 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 Guangzhou Tongda Auto Electric Co (SHSE:603390), the current Return-on-Tangible-Asset is 1.79% 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 Guangzhou Tongda Auto Electric Co (SHSE:603390) Overvalued in 2026?
Based on GuruFocus' analysis, Guangzhou Tongda Auto Electric Co stock appears to be undervalued.
The current stock price of ¥11.11 is trading 24.3% below its estimated GF Value™ of ¥14.68.
GuruFocus considers Guangzhou Tongda Auto Electric Co to be Modestly Undervalued.
Key valuation signals for SHSE:603390:
Return-on-Tangible-Asset: 1.79% (46% below median its 10-year median of 3.31)
GF Value™: ¥14.68 vs. price of ¥11.11 (24.3% below fair value)
Industry Position: 46.5% below the Vehicles & Parts median (#352 of 1338)
No single metric tells the full story. See the SHSE:603390 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guangzhou Tongda Auto Electric Co Ltd is a China based company specializes in the integrated information management system of vehicle intelligent terminals and the research, development, production and sales of automotive electrical products. The company mainly provides car intelligent system series products, bus multimedia information release system series products, car component series products, new energy automobile motor and thermal management system series products.
74GF Score
Get the complete analysis for SHSE:603390
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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