Tianjin Fuji Ta Bicycle Industry Co (SHSE:603468) Return-on-Tangible-Asset: 8.72% (As of Jun. 2026) — Near Median

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SHSE:603468 Tianjin Fuji Ta Bicycle Industry Co Ltd SHSE:603468
18 GF Score
Price ¥23.64
! 2 Warning Signs
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What is Tianjin Fuji Ta Bicycle Industry Co Return-on-Tangible-Asset?

Tianjin Fuji Ta Bicycle Industry Co SHSE:603468 -0.76% 18 Return-on-Tangible-Asset is 8.72% as of Jun. 2026, which is 7% below its 10-year median of 9.42. GuruFocus rates SHSE:603468 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 857 Travel & Leisure companies, Tianjin Fuji Ta Bicycle Industry Co ranks better than 58.23% 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. Tianjin Fuji Ta Bicycle Industry Co's annualized Net Income for the quarter that ended in Jun. 2026 was ¥422 Mil. Tianjin Fuji Ta Bicycle Industry Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥4,838 Mil. Therefore, Tianjin Fuji Ta Bicycle Industry Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 8.72%.

The historical rank and industry rank for Tianjin Fuji Ta Bicycle Industry Co's Return-on-Tangible-Asset or its related term are showing as below:

SHSE:603468' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.97   Med: 9.42   Max: 10.61
Current: 3.97

During the past 4 years, Tianjin Fuji Ta Bicycle Industry Co's highest Return-on-Tangible-Asset was 10.61%. The lowest was 3.97%. And the median was 9.42%.

SHSE:603468's Return-on-Tangible-Asset is ranked better than
58.23% of 857 companies
in the Travel & Leisure industry
Industry Median: 2.82 vs SHSE:603468: 3.97

Tianjin Fuji Ta Bicycle Industry Co  (SHSE:603468) 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.


Tianjin Fuji Ta Bicycle Industry Co Return-on-Tangible-Asset Related Terms


Tianjin Fuji Ta Bicycle Industry Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Tianjin Fuji Ta Bicycle Industry 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.

Tianjin Fuji Ta Bicycle Industry Co Return-on-Tangible-Asset Chart

Tianjin Fuji Ta Bicycle Industry Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
10.61 8.35 10.36 8.47

Tianjin Fuji Ta Bicycle Industry Co Quarterly Data
Dec22 Jun23 Dec23 Dec24 Mar25 Jun25 Dec25 Mar26 Jun26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only 8.46 8.93 0.00 7.10 8.72

SHSE:603468 vs AS, HAS, LTH: Return-on-Tangible-Asset Comparison

For the Leisure subindustry, Tianjin Fuji Ta Bicycle Industry 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.


Tianjin Fuji Ta Bicycle Industry Co Return-on-Tangible-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tianjin Fuji Ta Bicycle Industry Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Tianjin Fuji Ta Bicycle Industry Co's Return-on-Tangible-Asset falls into.


SHSE:603468
18GF Score
Tianjin Fuji Ta Bicycle Industry Co Ltd SHSE:603468
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Tianjin Fuji Ta Bicycle Industry Co Return-on-Tangible-Asset Calculation

Tianjin Fuji Ta Bicycle Industry Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=382.063/( (4338.415+4682.326)/ 2 )
=382.063/4510.3705
=8.47 %

Tianjin Fuji Ta Bicycle Industry 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 )
=421.764/( (4681.782+4994.895)/ 2 )
=421.764/4838.3385
=8.72 %

* 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 8.72% mean?
Tianjin Fuji Ta Bicycle Industry Co (SHSE:603468) has a Return-on-Tangible-Asset of 8.72% 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 Tianjin Fuji Ta Bicycle Industry Co and its competitors. This is near median its historical median of 9.42. Over the past decade, Tianjin Fuji Ta Bicycle Industry Co's Return-on-Tangible-Asset has ranged from 3.97 to 10.61. According to the industry distribution chart, Tianjin Fuji Ta Bicycle Industry Co ranks #358 out of 857 companies in the Travel & Leisure industry, placing it in the top 41.8%.
Is Tianjin Fuji Ta Bicycle Industry Co's Return-on-Tangible-Asset too high?
Tianjin Fuji Ta Bicycle Industry Co's current Return-on-Tangible-Asset of 8.72% is near median its 10-year median of 9.42. Over the past 10 years, this metric has ranged from a low of 3.97 to a high of 10.61. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.82. Tianjin Fuji Ta Bicycle Industry Co's value of 8.72% is 209.2% above this industry median. Based on the distribution chart, Tianjin Fuji Ta Bicycle Industry Co ranks #358 out of 857 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Tianjin Fuji Ta Bicycle Industry Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Tianjin Fuji Ta Bicycle Industry Co's Return-on-Tangible-Asset compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Tianjin Fuji Ta Bicycle Industry Co ranks #358 out of 857 companies for Return-on-Tangible-Asset. This puts Tianjin Fuji Ta Bicycle Industry Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.82. Tianjin Fuji Ta Bicycle Industry Co's value of 8.72% is 209.2% above this benchmark. Historically, Tianjin Fuji Ta Bicycle Industry Co's own Return-on-Tangible-Asset has ranged from 3.97 to 10.61 over the past decade. While the company's 10-year median is 9.42 vs. the industry median of 2.82, Tianjin Fuji Ta Bicycle Industry 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.82, based on 857 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. Tianjin Fuji Ta Bicycle Industry Co's current Return-on-Tangible-Asset of 8.72% is 209.2% 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 Tianjin Fuji Ta Bicycle Industry Co and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianjin Fuji Ta Bicycle Industry Co's current Return-on-Tangible-Asset is 8.72%, which is near median its own 10-year median of 9.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin Fuji Ta Bicycle Industry Co stock overvalued right now?
Tianjin Fuji Ta Bicycle Industry Co (SHSE:603468) has a current Return-on-Tangible-Asset of 8.72%. The current Return-on-Tangible-Asset is 8.72%, which is near median its 10-year median of 9.42 and 209.2% above the Travel & Leisure industry median of 2.82. Tianjin Fuji Ta Bicycle Industry Co's overall GF Score™ is 18/100 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 Tianjin Fuji Ta Bicycle Industry Co (SHSE:603468), the current Return-on-Tangible-Asset is 8.72% 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.

Tianjin Fuji Ta Bicycle Industry Co Business Description

Address Dongjin Road, Junliangcheng Street, Jintang Highway, Fujida Group compound, Dongli District, south of Junliangcheng, Tianjin, CHN, 300301
Tianjin Fuji Ta Bicycle Industry Co Ltd is engaged in the research, design, production and sales of bicycles, electric-assisted bicycles, shared bicycles and other products and their key components. It mainly provides complete bicycles and key component manufacturing services to globally renowned bicycle brands such as Pon, Samchuly, Scott, Decathlon, MFC, Specialized, Cycleurope, and Panasonic, as well as domestic shared bicycle operators such as Qingju, Hello, and Meituan.
18GF Score

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

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