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The historical rank and industry rank for Suzhou Everbright Photonics Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688048'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -36.88 Med: -1.01 Max: 13.57
Current: 1.02
During the past 8 years, Suzhou Everbright Photonics Co's highest Return-on-Tangible-Asset was 13.57%. The lowest was -36.88%. And the median was -1.01%.
SHSE:688048's Return-on-Tangible-Asset is ranked worse than 59.63% of 1033
companies
in the Semiconductors industry
Industry Median: 3.14
vs SHSE:688048: 1.02
Suzhou Everbright Photonics Co (SHSE:688048) 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.
Suzhou Everbright Photonics Co Return-on-Tangible-Asset Related Terms
Suzhou Everbright Photonics 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.
Suzhou Everbright Photonics Co Return-on-Tangible-Asset Chart
SHSE:688048 vs AMAT, LRCX, KLAC: Return-on-Tangible-Asset Comparison
For the Semiconductor Equipment & Materials subindustry, Suzhou Everbright Photonics 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.
Suzhou Everbright Photonics Co Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Suzhou Everbright Photonics Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Suzhou Everbright Photonics 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 0.54% mean?
Suzhou Everbright Photonics Co (SHSE:688048) has a Return-on-Tangible-Asset of 0.54% 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 Suzhou Everbright Photonics Co and its competitors. According to the industry distribution chart, Suzhou Everbright Photonics Co ranks #616 out of 1033 companies in the Semiconductors industry, placing it in the top 59.6%.
Is Suzhou Everbright Photonics Co's Return-on-Tangible-Asset too high?
Suzhou Everbright Photonics Co's current Return-on-Tangible-Asset is 0.54%. The Semiconductors industry median Return-on-Tangible-Asset is 3.14. Suzhou Everbright Photonics Co's value of 0.54% is 82.8% below this industry median. Based on the distribution chart, Suzhou Everbright Photonics Co ranks #616 out of 1033 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Suzhou Everbright Photonics Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suzhou Everbright Photonics Co's Return-on-Tangible-Asset compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Suzhou Everbright Photonics Co ranks #616 out of 1033 companies for Return-on-Tangible-Asset. This places Suzhou Everbright Photonics Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.14. Suzhou Everbright Photonics Co's value of 0.54% is 82.8% below this benchmark. 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 3.14, 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. Suzhou Everbright Photonics Co's current Return-on-Tangible-Asset of 0.54% is 82.8% 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 Suzhou Everbright Photonics Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 3.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suzhou Everbright Photonics Co's current Return-on-Tangible-Asset is 0.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Everbright Photonics Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Everbright Photonics Co (SHSE:688048) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥110.76, compared to a current price of ¥293.12 — trading 164.6% above its estimated fair value. The current Return-on-Tangible-Asset is 0.54% and 82.8% below the Semiconductors industry median of 3.14. Suzhou Everbright Photonics Co's overall GF Score™ is 51/100 with 5 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 Suzhou Everbright Photonics Co (SHSE:688048), the current Return-on-Tangible-Asset is 0.54% 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 Suzhou Everbright Photonics Co (SHSE:688048) Overvalued in 2026?
Based on GuruFocus' analysis, Suzhou Everbright Photonics Co stock appears to be overvalued.
The current stock price of ¥293.12 is trading 164.6% above its estimated GF Value™ of ¥110.76.
GuruFocus considers Suzhou Everbright Photonics Co to be Significantly Overvalued.
Key valuation signals for SHSE:688048:
Return-on-Tangible-Asset: 0.54%
GF Value™: ¥110.76 vs. price of ¥293.12 (164.6% above fair value)
Industry Position: 82.8% below the Semiconductors median (#616 of 1033)
No single metric tells the full story. See the SHSE:688048 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suzhou Everbright Photonics Co Ltd is engaged in the research and development, manufacturing and sales of core components in the laser industry such as semiconductor laser chips, devices and modules.
51GF Score
Get the complete analysis for SHSE:688048
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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