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Wuxi NCE Power CoSHSE:605111 -1.39%85 Return-on-Tangible-Asset is 7.77% as of Mar. 2026, which is 45% below its 10-year median of 14.04. GuruFocus rates SHSE:605111 with a GF Score™ of 85/100 and a GF Value™ of ¥39.74 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,033 Semiconductors companies, Wuxi NCE Power Co ranks better than 69.41% 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. Wuxi NCE Power Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥378 Mil. Wuxi NCE Power Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥4,870 Mil. Therefore, Wuxi NCE Power Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.77%.
The historical rank and industry rank for Wuxi NCE Power Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:605111'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.93 Med: 14.04 Max: 26.8
Current: 8.06
During the past 12 years, Wuxi NCE Power Co's highest Return-on-Tangible-Asset was 26.80%. The lowest was 7.93%. And the median was 14.04%.
SHSE:605111's Return-on-Tangible-Asset is ranked better than 69.41% of 1033
companies
in the Semiconductors industry
Industry Median: 3.4
vs SHSE:605111: 8.06
Wuxi NCE Power Co (SHSE:605111) 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.
Wuxi NCE Power Co Return-on-Tangible-Asset Related Terms
Wuxi NCE Power Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Wuxi NCE Power 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.
SHSE:605111 vs AMAT, LRCX, KLAC: Return-on-Tangible-Asset Comparison
For the Semiconductor Equipment & Materials subindustry, Wuxi NCE Power 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.
Wuxi NCE Power Co Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Wuxi NCE Power Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Wuxi NCE Power 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 7.77% mean?
Wuxi NCE Power Co (SHSE:605111) has a Return-on-Tangible-Asset of 7.77% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Wuxi NCE Power Co and its competitors. This is 45% below median its historical median of 14.04. Over the past decade, Wuxi NCE Power Co's Return-on-Tangible-Asset has ranged from 7.93 to 26.80. According to the industry distribution chart, Wuxi NCE Power Co ranks #316 out of 1033 companies in the Semiconductors industry, placing it in the top 30.6%.
Is Wuxi NCE Power Co's Return-on-Tangible-Asset too high?
Wuxi NCE Power Co's current Return-on-Tangible-Asset of 7.77% is 45% below median its 10-year median of 14.04. Over the past 10 years, this metric has ranged from a low of 7.93 to a high of 26.80. The Semiconductors industry median Return-on-Tangible-Asset is 3.40. Wuxi NCE Power Co's value of 7.77% is 128.5% above this industry median. Based on the distribution chart, Wuxi NCE Power Co ranks #316 out of 1033 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Wuxi NCE Power Co has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wuxi NCE Power Co's Return-on-Tangible-Asset compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Wuxi NCE Power Co ranks #316 out of 1033 companies for Return-on-Tangible-Asset. This puts Wuxi NCE Power Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.40. Wuxi NCE Power Co's value of 7.77% is 128.5% above this benchmark. Historically, Wuxi NCE Power Co's own Return-on-Tangible-Asset has ranged from 7.93 to 26.80 over the past decade. While the company's 10-year median is 14.04 vs. the industry median of 3.40, Wuxi NCE Power 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 3.40, based on 1,033 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. Wuxi NCE Power Co's current Return-on-Tangible-Asset of 7.77% is 128.5% 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 Wuxi NCE Power Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wuxi NCE Power Co's current Return-on-Tangible-Asset is 7.77%, which is 45% below median its own 10-year median of 14.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuxi NCE Power Co stock overvalued right now?
Based on GuruFocus' analysis, Wuxi NCE Power Co (SHSE:605111) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥39.74, compared to a current price of ¥58.67 — trading 47.6% above its estimated fair value. The current Return-on-Tangible-Asset is 7.77%, which is 45% below median its 10-year median of 14.04 and 128.5% above the Semiconductors industry median of 3.40. Wuxi NCE Power Co's overall GF Score™ is 85/100 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 Wuxi NCE Power Co (SHSE:605111), the current Return-on-Tangible-Asset is 7.77% as of Mar. 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 Wuxi NCE Power Co (SHSE:605111) Overvalued in 2026?
Based on GuruFocus' analysis, Wuxi NCE Power Co stock appears to be overvalued.
The current stock price of ¥58.67 is trading 47.6% above its estimated GF Value™ of ¥39.74.
GuruFocus considers Wuxi NCE Power Co to be Significantly Overvalued.
Key valuation signals for SHSE:605111:
Return-on-Tangible-Asset: 7.77% (45% below median its 10-year median of 14.04)
GF Value™: ¥39.74 vs. price of ¥58.67 (47.6% above fair value)
Industry Position: 128.5% above the Semiconductors median (#316 of 1033)
No single metric tells the full story. See the SHSE:605111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wuxi NCE Power Co Ltd is engaged in design and sales of MOSFET, IGBT and other semiconductor chips and power devices. The company provides 12V~200V Trench MOSFET (N channel and P channel), 30V~300V Super Trench MOSFET (N channel and P channel), 500V~900V Super Junction MOSFET and 600V~1350V Insulated Gate Bipolar Transistor (IGBT). Its products are widely applied in numerous fields, like automotive electronics, motor driver, household appliances, consumer electronics, LED lighting, security, electric motorcycle, network communication equipment, among others.
85GF Score
Get the complete analysis for SHSE:605111
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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