Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Yangtze Optical Electronic CoSHSE:688143 +9.08%67 Return-on-Tangible-Asset is 1.99% as of Jun. 2026, which is 74% below its 10-year median of 7.64. GuruFocus rates SHSE:688143 with a GF Score™ of 67/100 and a GF Value™ of ¥44.49 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,500 Hardware companies, Yangtze Optical Electronic Co ranks worse than 64.2% on this metric.
The historical rank and industry rank for Yangtze Optical Electronic Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688143'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.57 Med: 7.64 Max: 15.69
Current: 0.57
During the past 8 years, Yangtze Optical Electronic Co's highest Return-on-Tangible-Asset was 15.69%. The lowest was 0.57%. And the median was 7.64%.
SHSE:688143's Return-on-Tangible-Asset is ranked worse than 64.2% of 2500
companies
in the Hardware industry
Industry Median: 2.845
vs SHSE:688143: 0.57
Yangtze Optical Electronic Co (SHSE:688143) 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.
Yangtze Optical Electronic Co Return-on-Tangible-Asset Related Terms
Yangtze Optical Electronic 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.
Yangtze Optical Electronic Co Return-on-Tangible-Asset Chart
SHSE:688143 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Yangtze Optical Electronic 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.
Yangtze Optical Electronic Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Yangtze Optical Electronic Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Yangtze Optical Electronic 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 1.99% mean?
Yangtze Optical Electronic Co (SHSE:688143) has a Return-on-Tangible-Asset of 1.99% 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 Yangtze Optical Electronic Co and its competitors. This is 74% below median its historical median of 7.64. Over the past decade, Yangtze Optical Electronic Co's Return-on-Tangible-Asset has ranged from 0.57 to 15.69. According to the industry distribution chart, Yangtze Optical Electronic Co ranks #1605 out of 2500 companies in the Hardware industry, placing it in the top 64.2%.
Is Yangtze Optical Electronic Co's Return-on-Tangible-Asset too high?
Yangtze Optical Electronic Co's current Return-on-Tangible-Asset of 1.99% is 74% below median its 10-year median of 7.64. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 15.69. The Hardware industry median Return-on-Tangible-Asset is 2.85. Yangtze Optical Electronic Co's value of 1.99% is 30.1% below this industry median. Based on the distribution chart, Yangtze Optical Electronic Co ranks #1605 out of 2500 companies in the Hardware industry, which is below the industry midpoint. Overall, Yangtze Optical Electronic Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yangtze Optical Electronic Co's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Yangtze Optical Electronic Co ranks #1605 out of 2500 companies for Return-on-Tangible-Asset. This places Yangtze Optical Electronic Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.85. Yangtze Optical Electronic Co's value of 1.99% is 30.1% below this benchmark. Historically, Yangtze Optical Electronic Co's own Return-on-Tangible-Asset has ranged from 0.57 to 15.69 over the past decade. While the company's 10-year median is 7.64 vs. the industry median of 2.85, Yangtze Optical Electronic 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.85, based on 2,500 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. Yangtze Optical Electronic Co's current Return-on-Tangible-Asset of 1.99% is 30.1% 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 Yangtze Optical Electronic Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yangtze Optical Electronic Co's current Return-on-Tangible-Asset is 1.99%, which is 74% below median its own 10-year median of 7.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yangtze Optical Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Yangtze Optical Electronic Co (SHSE:688143) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥44.49, compared to a current price of ¥186.00 — trading 318.1% above its estimated fair value. The current Return-on-Tangible-Asset is 1.99%, which is 74% below median its 10-year median of 7.64 and 30.1% below the Hardware industry median of 2.85. Yangtze Optical Electronic Co's overall GF Score™ is 67/100 with 8 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 Yangtze Optical Electronic Co (SHSE:688143), the current Return-on-Tangible-Asset is 1.99% 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 Yangtze Optical Electronic Co (SHSE:688143) Overvalued in 2026?
Based on GuruFocus' analysis, Yangtze Optical Electronic Co stock appears to be overvalued.
The current stock price of ¥186.00 is trading 318.1% above its estimated GF Value™ of ¥44.49.
GuruFocus considers Yangtze Optical Electronic Co to be Significantly Overvalued.
Key valuation signals for SHSE:688143:
Return-on-Tangible-Asset: 1.99% (74% below median its 10-year median of 7.64)
GF Value™: ¥44.49 vs. price of ¥186.00 (318.1% above fair value)
Industry Position: 30.1% below the Hardware median (#1605 of 2500)
No single metric tells the full story. See the SHSE:688143 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yangtze Optical Electronic Co Ltd is engaged in the research and development, production, and sales of products in five fields, including special optical fiber and cable, special optical devices, new materials, high-end equipment, and optoelectronic systems, and provides customers with measurement calibration and testing services for optoelectronic first-level metering stations.
67GF Score
Get the complete analysis for SHSE:688143
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688143 has been successfully added to your 
