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The historical rank and industry rank for Hangzhou MDK Opto Electronic's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688079'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.88 Med: 7.16 Max: 22.85
Current: -5.88
During the past 9 years, Hangzhou MDK Opto Electronic's highest Return-on-Tangible-Asset was 22.85%. The lowest was -5.88%. And the median was 7.16%.
SHSE:688079's Return-on-Tangible-Asset is ranked worse than 80.82% of 2502
companies
in the Hardware industry
Industry Median: 2.48
vs SHSE:688079: -5.88
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.
Hangzhou MDK Opto Electronic Return-on-Tangible-Asset Related Terms
Hangzhou MDK Opto Electronic 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.
SHSE:688079 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Hangzhou MDK Opto Electronic'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.
Hangzhou MDK Opto Electronic Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Hangzhou MDK Opto Electronic's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hangzhou MDK Opto Electronic'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 -5.16% mean?
Hangzhou MDK Opto Electronic (SHSE:688079) has a Return-on-Tangible-Asset of -5.16% 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 Hangzhou MDK Opto Electronic and its competitors. According to the industry distribution chart, Hangzhou MDK Opto Electronic ranks #2022 out of 2502 companies in the Hardware industry, placing it in the top 80.8%.
Is Hangzhou MDK Opto Electronic's Return-on-Tangible-Asset too high?
Hangzhou MDK Opto Electronic's current Return-on-Tangible-Asset is -5.16%. Based on the distribution chart, Hangzhou MDK Opto Electronic ranks #2022 out of 2502 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Hangzhou MDK Opto Electronic has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou MDK Opto Electronic's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Hangzhou MDK Opto Electronic ranks #2022 out of 2502 companies for Return-on-Tangible-Asset. This places Hangzhou MDK Opto Electronic in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.48. 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.48, based on 2,502 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. 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 Hangzhou MDK Opto Electronic and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou MDK Opto Electronic's current Return-on-Tangible-Asset is -5.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou MDK Opto Electronic stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou MDK Opto Electronic (SHSE:688079) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥15.43, compared to a current price of ¥17.15 — trading 11.1% above its estimated fair value. The current Return-on-Tangible-Asset is -5.16%. Hangzhou MDK Opto Electronic's overall GF Score™ is 64/100 with 6 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 Hangzhou MDK Opto Electronic (SHSE:688079), the current Return-on-Tangible-Asset is -5.16% 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 Hangzhou MDK Opto Electronic (SHSE:688079) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou MDK Opto Electronic stock appears to be overvalued.
The current stock price of ¥17.15 is trading 11.1% above its estimated GF Value™ of ¥15.43.
GuruFocus considers Hangzhou MDK Opto Electronic to be Modestly Overvalued.
Key valuation signals for SHSE:688079:
Return-on-Tangible-Asset: -5.16%
GF Value™: ¥15.43 vs. price of ¥17.15 (11.1% above fair value)
No single metric tells the full story. See the SHSE:688079 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou MDK Opto Electronic Corp Ltd is engaged in the Research, development, manufacturing and sales of various optical and optoelectronic components, and provision of precision machining and manufacturing services for optical and optoelectronic products.
64GF Score
Get the complete analysis for SHSE:688079
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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