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The historical rank and industry rank for Beijing Bayi Space LCD Technology Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688181'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.73 Med: 9.49 Max: 19.32
Current: 2.73
During the past 13 years, Beijing Bayi Space LCD Technology Co's highest Return-on-Tangible-Asset was 19.32%. The lowest was 2.73%. And the median was 9.49%.
SHSE:688181's Return-on-Tangible-Asset is ranked better than 52.38% of 2501
companies
in the Hardware industry
Industry Median: 2.48
vs SHSE:688181: 2.73
Beijing Bayi Space LCD Technology Co (SHSE:688181) 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.
Beijing Bayi Space LCD Technology Co Return-on-Tangible-Asset Related Terms
Beijing Bayi Space LCD Technology 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.
Beijing Bayi Space LCD Technology Co Return-on-Tangible-Asset Chart
SHSE:688181 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Beijing Bayi Space LCD Technology 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.
Beijing Bayi Space LCD Technology Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Beijing Bayi Space LCD Technology Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Beijing Bayi Space LCD Technology 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 3.21% mean?
Beijing Bayi Space LCD Technology Co (SHSE:688181) has a Return-on-Tangible-Asset of 3.21% 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 Beijing Bayi Space LCD Technology Co and its competitors. This is 66% below median its historical median of 9.49. Over the past decade, Beijing Bayi Space LCD Technology Co's Return-on-Tangible-Asset has ranged from 2.73 to 19.32. According to the industry distribution chart, Beijing Bayi Space LCD Technology Co ranks #1191 out of 2501 companies in the Hardware industry, placing it in the top 47.6%.
Is Beijing Bayi Space LCD Technology Co's Return-on-Tangible-Asset too high?
Beijing Bayi Space LCD Technology Co's current Return-on-Tangible-Asset of 3.21% is 66% below median its 10-year median of 9.49. Over the past 10 years, this metric has ranged from a low of 2.73 to a high of 19.32. The Hardware industry median Return-on-Tangible-Asset is 2.48. Beijing Bayi Space LCD Technology Co's value of 3.21% is 29.4% above this industry median. Based on the distribution chart, Beijing Bayi Space LCD Technology Co ranks #1191 out of 2501 companies in the Hardware industry, which is above the industry midpoint. Overall, Beijing Bayi Space LCD Technology Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Bayi Space LCD Technology Co's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Beijing Bayi Space LCD Technology Co ranks #1191 out of 2501 companies for Return-on-Tangible-Asset. This puts Beijing Bayi Space LCD Technology Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.48. Beijing Bayi Space LCD Technology Co's value of 3.21% is 29.4% above this benchmark. Historically, Beijing Bayi Space LCD Technology Co's own Return-on-Tangible-Asset has ranged from 2.73 to 19.32 over the past decade. While the company's 10-year median is 9.49 vs. the industry median of 2.48, Beijing Bayi Space LCD Technology 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.48, based on 2,501 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. Beijing Bayi Space LCD Technology Co's current Return-on-Tangible-Asset of 3.21% is 29.4% 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 Beijing Bayi Space LCD Technology Co 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. Beijing Bayi Space LCD Technology Co's current Return-on-Tangible-Asset is 3.21%, which is 66% below median its own 10-year median of 9.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Bayi Space LCD Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Bayi Space LCD Technology Co (SHSE:688181) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥31.11, compared to a current price of ¥41.46 — trading 33.3% above its estimated fair value. The current Return-on-Tangible-Asset is 3.21%, which is 66% below median its 10-year median of 9.49 and 29.4% above the Hardware industry median of 2.48. Beijing Bayi Space LCD Technology Co's overall GF Score™ is 77/100 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 Beijing Bayi Space LCD Technology Co (SHSE:688181), the current Return-on-Tangible-Asset is 3.21% 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 Beijing Bayi Space LCD Technology Co (SHSE:688181) Overvalued in 2026?
Based on GuruFocus' analysis, Beijing Bayi Space LCD Technology Co stock appears to be overvalued.
The current stock price of ¥41.46 is trading 33.3% above its estimated GF Value™ of ¥31.11.
GuruFocus considers Beijing Bayi Space LCD Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:688181:
Return-on-Tangible-Asset: 3.21% (66% below median its 10-year median of 9.49)
GF Value™: ¥31.11 vs. price of ¥41.46 (33.3% above fair value)
Industry Position: 29.4% above the Hardware median (#1191 of 2501)
No single metric tells the full story. See the SHSE:688181 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beijing Bayi Space LCD Technology Co Ltd is engaged in research, development, production, and sales of liquid crystal display materials. The company's products are mixed liquid crystal materials such as high-performance thin film transistor TFT (Thin Film Transistor). Instrumentation and other terminal display fields. The products are used in mobile phones, notebooks, computer monitors and large-size LCD TVs.
77GF Score
Get the complete analysis for SHSE:688181
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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