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SHSE:688150's Return-on-Tangible-Asset is ranked better than 82.88% of 1618
companies
in the Chemicals industry
Industry Median: 3.54
vs SHSE:688150: 9.42
Shaanxi Lighte Optoelectronics Material Co (SHSE:688150) 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.
Shaanxi Lighte Optoelectronics Material Co Return-on-Tangible-Asset Related Terms
Shaanxi Lighte Optoelectronics Material 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.
Shaanxi Lighte Optoelectronics Material Co Return-on-Tangible-Asset Chart
Shaanxi Lighte Optoelectronics Material Co Annual Data
SHSE:688150 vs DOW: Return-on-Tangible-Asset Comparison
For the Chemicals subindustry, Shaanxi Lighte Optoelectronics Material 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.
Shaanxi Lighte Optoelectronics Material Co Return-on-Tangible-Asset vs Chemicals Industry
* 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 8.29% mean?
Shaanxi Lighte Optoelectronics Material Co (SHSE:688150) has a Return-on-Tangible-Asset of 8.29% 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 Shaanxi Lighte Optoelectronics Material Co and its competitors. This is 21% below median its historical median of 10.53. According to the industry distribution chart, Shaanxi Lighte Optoelectronics Material Co ranks #277 out of 1618 companies in the Chemicals industry, placing it in the top 17.1%.
Is Shaanxi Lighte Optoelectronics Material Co's Return-on-Tangible-Asset too high?
Shaanxi Lighte Optoelectronics Material Co's current Return-on-Tangible-Asset of 8.29% is 21% below median its 10-year median of 10.53. The Chemicals industry median Return-on-Tangible-Asset is 3.54. Shaanxi Lighte Optoelectronics Material Co's value of 8.29% is 134.2% above this industry median. Based on the distribution chart, Shaanxi Lighte Optoelectronics Material Co ranks #277 out of 1618 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Shaanxi Lighte Optoelectronics Material Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shaanxi Lighte Optoelectronics Material Co's Return-on-Tangible-Asset compare to DOW?
According to the Chemicals industry distribution chart, Shaanxi Lighte Optoelectronics Material Co ranks #277 out of 1618 companies for Return-on-Tangible-Asset. This places Shaanxi Lighte Optoelectronics Material Co in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.54. Shaanxi Lighte Optoelectronics Material Co's value of 8.29% is 134.2% above this benchmark. While the company's 10-year median is 10.53 vs. the industry median of 3.54, Shaanxi Lighte Optoelectronics Material 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.54, based on 1,618 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. Shaanxi Lighte Optoelectronics Material Co's current Return-on-Tangible-Asset of 8.29% is 134.2% 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 Shaanxi Lighte Optoelectronics Material Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shaanxi Lighte Optoelectronics Material Co's current Return-on-Tangible-Asset is 8.29%, which is 21% below median its own 10-year median of 10.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shaanxi Lighte Optoelectronics Material Co stock overvalued right now?
Based on GuruFocus' analysis, Shaanxi Lighte Optoelectronics Material Co (SHSE:688150) is currently considered Fairly Valued. The stock's GF Value™ is ¥38.69, compared to a current price of ¥38.44 — trading 0.6% below its estimated fair value. The current Return-on-Tangible-Asset is 8.29%, which is 21% below median its 10-year median of 10.53 and 134.2% above the Chemicals industry median of 3.54. Shaanxi Lighte Optoelectronics Material Co's overall GF Score™ is 88/100 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 Shaanxi Lighte Optoelectronics Material Co (SHSE:688150), the current Return-on-Tangible-Asset is 8.29% 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 Shaanxi Lighte Optoelectronics Material Co (SHSE:688150) Overvalued in 2026?
Based on GuruFocus' analysis, Shaanxi Lighte Optoelectronics Material Co stock appears to be undervalued.
The current stock price of ¥38.44 is trading 0.6% below its estimated GF Value™ of ¥38.69.
GuruFocus considers Shaanxi Lighte Optoelectronics Material Co to be Fairly Valued.
Key valuation signals for SHSE:688150:
Return-on-Tangible-Asset: 8.29% (21% below median its 10-year median of 10.53)
GF Value™: ¥38.69 vs. price of ¥38.44 (0.6% below fair value)
Industry Position: 134.2% above the Chemicals median (#277 of 1618)
No single metric tells the full story. See the SHSE:688150 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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