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Rockchip Electronics CoSHSE:603893 -1.78%98 Return-on-Tangible-Asset is 35.74% as of Jun. 2026, which is 202% above its 10-year median of 11.84. GuruFocus rates SHSE:603893 with a GF Score™ of 98/100 and a GF Value™ of ¥215.13 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,034 Semiconductors companies, Rockchip Electronics Co ranks better than 94.49% 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. Rockchip Electronics Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥2,119 Mil. Rockchip Electronics Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥5,930 Mil. Therefore, Rockchip Electronics Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 35.74%.
The historical rank and industry rank for Rockchip Electronics Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603893'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.06 Med: 11.84 Max: 25.38
Current: 25.38
During the past 13 years, Rockchip Electronics Co's highest Return-on-Tangible-Asset was 25.38%. The lowest was 4.06%. And the median was 11.84%.
SHSE:603893's Return-on-Tangible-Asset is ranked better than 94.49% of 1034
companies
in the Semiconductors industry
Industry Median: 3.805
vs SHSE:603893: 25.38
Rockchip Electronics Co (SHSE:603893) 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.
Rockchip Electronics Co Return-on-Tangible-Asset Related Terms
Rockchip Electronics Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Rockchip Electronics 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.
Rockchip Electronics Co Return-on-Tangible-Asset Chart
SHSE:603893 vs NVDA, AVGO, MU: Return-on-Tangible-Asset Comparison
For the Semiconductors subindustry, Rockchip Electronics 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.
Rockchip Electronics Co Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Rockchip Electronics Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Rockchip Electronics 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 35.74% mean?
Rockchip Electronics Co (SHSE:603893) has a Return-on-Tangible-Asset of 35.74% 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 Rockchip Electronics Co and its competitors. This is 202% above median its historical median of 11.84. Over the past decade, Rockchip Electronics Co's Return-on-Tangible-Asset has ranged from 4.06 to 25.38. According to the industry distribution chart, Rockchip Electronics Co ranks #57 out of 1034 companies in the Semiconductors industry, placing it in the top 5.5%.
Is Rockchip Electronics Co's Return-on-Tangible-Asset too high?
Rockchip Electronics Co's current Return-on-Tangible-Asset of 35.74% is 202% above median its 10-year median of 11.84. Over the past 10 years, this metric has ranged from a low of 4.06 to a high of 25.38. The Semiconductors industry median Return-on-Tangible-Asset is 3.81. Rockchip Electronics Co's value of 35.74% is 839.3% above this industry median. Based on the distribution chart, Rockchip Electronics Co ranks #57 out of 1034 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Rockchip Electronics Co has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rockchip Electronics Co's Return-on-Tangible-Asset compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Rockchip Electronics Co ranks #57 out of 1034 companies for Return-on-Tangible-Asset. This places Rockchip Electronics Co in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.81. Rockchip Electronics Co's value of 35.74% is 839.3% above this benchmark. Historically, Rockchip Electronics Co's own Return-on-Tangible-Asset has ranged from 4.06 to 25.38 over the past decade. While the company's 10-year median is 11.84 vs. the industry median of 3.81, Rockchip Electronics 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 3.81, based on 1,034 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. Rockchip Electronics Co's current Return-on-Tangible-Asset of 35.74% is 839.3% 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 Rockchip Electronics Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 3.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rockchip Electronics Co's current Return-on-Tangible-Asset is 35.74%, which is 202% above median its own 10-year median of 11.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rockchip Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Rockchip Electronics Co (SHSE:603893) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥215.13, compared to a current price of ¥193.98 — trading 9.8% below its estimated fair value. The current Return-on-Tangible-Asset is 35.74%, which is 202% above median its 10-year median of 11.84 and 839.3% above the Semiconductors industry median of 3.81. Rockchip Electronics Co's overall GF Score™ is 98/100 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 Rockchip Electronics Co (SHSE:603893), the current Return-on-Tangible-Asset is 35.74% 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 Rockchip Electronics Co (SHSE:603893) Overvalued in 2026?
Based on GuruFocus' analysis, Rockchip Electronics Co stock appears to be undervalued.
The current stock price of ¥193.98 is trading 9.8% below its estimated GF Value™ of ¥215.13.
GuruFocus considers Rockchip Electronics Co to be Modestly Undervalued.
Key valuation signals for SHSE:603893:
Return-on-Tangible-Asset: 35.74% (202% above median its 10-year median of 11.84)
GF Value™: ¥215.13 vs. price of ¥193.98 (9.8% below fair value)
Industry Position: 839.3% above the Semiconductors median (#57 of 1034)
No single metric tells the full story. See the SHSE:603893 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rockchip Electronics Co Ltd is engaged in the design, development, and sales of integrated circuits and application solutions, providing customers with chip-related products and technical services. The company produces application processors, power management chips, and other self-developed devices, serving sectors such as IoT, consumer electronics, automotive, communications, and AI.
98GF Score
Get the complete analysis for SHSE:603893
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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