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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Yantai Eddie Precision Machinery CoSHSE:603638 -1.71%75 Return-on-Tangible-Asset is 8.84% as of Jun. 2026, which is 34% below its 10-year median of 13.47. GuruFocus rates SHSE:603638 with a GF Score™ of 75/100 and a GF Value™ of ¥27.27 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 3,085 Industrial Products companies, Yantai Eddie Precision Machinery Co ranks better than 73.48% on this metric.
The historical rank and industry rank for Yantai Eddie Precision Machinery Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603638'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.13 Med: 13.47 Max: 18.42
Current: 7.35
During the past 13 years, Yantai Eddie Precision Machinery Co's highest Return-on-Tangible-Asset was 18.42%. The lowest was 5.13%. And the median was 13.47%.
SHSE:603638's Return-on-Tangible-Asset is ranked better than 73.48% of 3085
companies
in the Industrial Products industry
Industry Median: 3.34
vs SHSE:603638: 7.35
Yantai Eddie Precision Machinery Co (SHSE:603638) 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.
Yantai Eddie Precision Machinery Co Return-on-Tangible-Asset Related Terms
Yantai Eddie Precision Machinery 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.
Yantai Eddie Precision Machinery Co Return-on-Tangible-Asset Chart
SHSE:603638 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Yantai Eddie Precision 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.
Yantai Eddie Precision Machinery Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Yantai Eddie Precision Machinery Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Yantai Eddie Precision Machinery 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 8.84% mean?
Yantai Eddie Precision Machinery Co (SHSE:603638) has a Return-on-Tangible-Asset of 8.84% 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 Yantai Eddie Precision Machinery Co and its competitors. This is 34% below median its historical median of 13.47. Over the past decade, Yantai Eddie Precision Machinery Co's Return-on-Tangible-Asset has ranged from 5.13 to 18.42. According to the industry distribution chart, Yantai Eddie Precision Machinery Co ranks #818 out of 3085 companies in the Industrial Products industry, placing it in the top 26.5%.
Is Yantai Eddie Precision Machinery Co's Return-on-Tangible-Asset too high?
Yantai Eddie Precision Machinery Co's current Return-on-Tangible-Asset of 8.84% is 34% below median its 10-year median of 13.47. Over the past 10 years, this metric has ranged from a low of 5.13 to a high of 18.42. The Industrial Products industry median Return-on-Tangible-Asset is 3.34. Yantai Eddie Precision Machinery Co's value of 8.84% is 164.7% above this industry median. Based on the distribution chart, Yantai Eddie Precision Machinery Co ranks #818 out of 3085 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Yantai Eddie Precision Machinery Co has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yantai Eddie Precision Machinery Co's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Yantai Eddie Precision Machinery Co ranks #818 out of 3085 companies for Return-on-Tangible-Asset. This puts Yantai Eddie Precision Machinery Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.34. Yantai Eddie Precision Machinery Co's value of 8.84% is 164.7% above this benchmark. Historically, Yantai Eddie Precision Machinery Co's own Return-on-Tangible-Asset has ranged from 5.13 to 18.42 over the past decade. While the company's 10-year median is 13.47 vs. the industry median of 3.34, Yantai Eddie Precision Machinery 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 3.34, based on 3,085 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. Yantai Eddie Precision Machinery Co's current Return-on-Tangible-Asset of 8.84% is 164.7% 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 Yantai Eddie Precision Machinery Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yantai Eddie Precision Machinery Co's current Return-on-Tangible-Asset is 8.84%, which is 34% below median its own 10-year median of 13.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yantai Eddie Precision Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Yantai Eddie Precision Machinery Co (SHSE:603638) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥27.27, compared to a current price of ¥17.83 — trading 34.6% below its estimated fair value. The current Return-on-Tangible-Asset is 8.84%, which is 34% below median its 10-year median of 13.47 and 164.7% above the Industrial Products industry median of 3.34. Yantai Eddie Precision Machinery Co's overall GF Score™ is 75/100 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 Yantai Eddie Precision Machinery Co (SHSE:603638), the current Return-on-Tangible-Asset is 8.84% 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 Yantai Eddie Precision Machinery Co (SHSE:603638) Overvalued in 2026?
Based on GuruFocus' analysis, Yantai Eddie Precision Machinery Co stock appears to be undervalued.
The current stock price of ¥17.83 is trading 34.6% below its estimated GF Value™ of ¥27.27.
GuruFocus considers Yantai Eddie Precision Machinery Co to be Significantly Undervalued.
Key valuation signals for SHSE:603638:
Return-on-Tangible-Asset: 8.84% (34% below median its 10-year median of 13.47)
GF Value™: ¥27.27 vs. price of ¥17.83 (34.6% below fair value)
Industry Position: 164.7% above the Industrial Products median (#818 of 3085)
No single metric tells the full story. See the SHSE:603638 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yantai Eddie Precision Machinery Co Ltd is a China based manufacturer of hydraulic breaker and related equipment. It develops, produces and sells hydraulic breaker, quick coupler, high-frequency vibration breaker, hydraulic shear, hydraulic crusher, stone grapple, log grapple and other attachments for construction machinery. The company sells its products in China, and also exports it to the various other countries.
75GF Score
Get the complete analysis for SHSE:603638
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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