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Kunshan Huguang Auto Harness CoSHSE:605333 +6.30%72 Return-on-Tangible-Asset is 1.13% as of Jun. 2026, which is 81% below its 10-year median of 6.01. GuruFocus rates SHSE:605333 with a GF Score™ of 72/100 and a GF Value™ of ¥36.88 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,338 Vehicles & Parts companies, Kunshan Huguang Auto Harness Co ranks better than 66.22% on this metric.
The historical rank and industry rank for Kunshan Huguang Auto Harness Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:605333'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.04 Med: 6.01 Max: 10.85
Current: 5.27
During the past 11 years, Kunshan Huguang Auto Harness Co's highest Return-on-Tangible-Asset was 10.85%. The lowest was -0.04%. And the median was 6.01%.
SHSE:605333's Return-on-Tangible-Asset is ranked better than 66.22% of 1338
companies
in the Vehicles & Parts industry
Industry Median: 3.37
vs SHSE:605333: 5.27
Kunshan Huguang Auto Harness Co (SHSE:605333) 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.
Kunshan Huguang Auto Harness Co Return-on-Tangible-Asset Related Terms
Kunshan Huguang Auto Harness 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.
Kunshan Huguang Auto Harness Co Return-on-Tangible-Asset Chart
SHSE:605333 vs ORLY, AZO, GPC: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Kunshan Huguang Auto Harness 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.
Kunshan Huguang Auto Harness Co Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Kunshan Huguang Auto Harness Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kunshan Huguang Auto Harness 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 1.13% mean?
Kunshan Huguang Auto Harness Co (SHSE:605333) has a Return-on-Tangible-Asset of 1.13% 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 Kunshan Huguang Auto Harness Co and its competitors. This is 81% below median its historical median of 6.01. According to the industry distribution chart, Kunshan Huguang Auto Harness Co ranks #452 out of 1338 companies in the Vehicles & Parts industry, placing it in the top 33.8%.
Is Kunshan Huguang Auto Harness Co's Return-on-Tangible-Asset too high?
Kunshan Huguang Auto Harness Co's current Return-on-Tangible-Asset of 1.13% is 81% below median its 10-year median of 6.01. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.37. Kunshan Huguang Auto Harness Co's value of 1.13% is 66.5% below this industry median. Based on the distribution chart, Kunshan Huguang Auto Harness Co ranks #452 out of 1338 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Kunshan Huguang Auto Harness Co has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kunshan Huguang Auto Harness Co's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Kunshan Huguang Auto Harness Co ranks #452 out of 1338 companies for Return-on-Tangible-Asset. This puts Kunshan Huguang Auto Harness Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.37. Kunshan Huguang Auto Harness Co's value of 1.13% is 66.5% below this benchmark. While the company's 10-year median is 6.01 vs. the industry median of 3.37, Kunshan Huguang Auto Harness 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 3.37, 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. Kunshan Huguang Auto Harness Co's current Return-on-Tangible-Asset of 1.13% is 66.5% 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 Kunshan Huguang Auto Harness Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kunshan Huguang Auto Harness Co's current Return-on-Tangible-Asset is 1.13%, which is 81% below median its own 10-year median of 6.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kunshan Huguang Auto Harness Co stock overvalued right now?
Based on GuruFocus' analysis, Kunshan Huguang Auto Harness Co (SHSE:605333) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥36.88, compared to a current price of ¥18.21 — trading 50.6% below its estimated fair value. The current Return-on-Tangible-Asset is 1.13%, which is 81% below median its 10-year median of 6.01 and 66.5% below the Vehicles & Parts industry median of 3.37. Kunshan Huguang Auto Harness Co's overall GF Score™ is 72/100 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 Kunshan Huguang Auto Harness Co (SHSE:605333), the current Return-on-Tangible-Asset is 1.13% 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 Kunshan Huguang Auto Harness Co (SHSE:605333) Overvalued in 2026?
Based on GuruFocus' analysis, Kunshan Huguang Auto Harness Co stock appears to be undervalued.
The current stock price of ¥18.21 is trading 50.6% below its estimated GF Value™ of ¥36.88.
GuruFocus considers Kunshan Huguang Auto Harness Co to be Significantly Undervalued.
Key valuation signals for SHSE:605333:
Return-on-Tangible-Asset: 1.13% (81% below median its 10-year median of 6.01)
GF Value™: ¥36.88 vs. price of ¥18.21 (50.6% below fair value)
Industry Position: 66.5% below the Vehicles & Parts median (#452 of 1338)
No single metric tells the full story. See the SHSE:605333 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kunshan Huguang Auto Harness Co Ltd is engaged in manufacturing and sales of automotive wiring harnesses. The company specializes in development and production of high and low voltage wire harness assembly. Its products include engine harness, KNK harness, door harness, HV harness, front cabin harness, instrument harness, cable harness and ABS wire harness.
72GF Score
Get the complete analysis for SHSE:605333
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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