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The historical rank and industry rank for Shanghai BOCHU Electronic Technology's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688188'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 12.94 Med: 19.01 Max: 61.2
Current: 19.65
During the past 10 years, Shanghai BOCHU Electronic Technology's highest Return-on-Tangible-Asset was 61.20%. The lowest was 12.94%. And the median was 19.01%.
SHSE:688188's Return-on-Tangible-Asset is ranked better than 91.09% of 1033
companies
in the Semiconductors industry
Industry Median: 3.4
vs SHSE:688188: 19.65
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.
Shanghai BOCHU Electronic Technology Return-on-Tangible-Asset Related Terms
Shanghai BOCHU Electronic Technology 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:688188 vs NVDA, AVGO, MU: Return-on-Tangible-Asset Comparison
For the Semiconductors subindustry, Shanghai BOCHU Electronic Technology'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.
Shanghai BOCHU Electronic Technology Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Shanghai BOCHU Electronic Technology's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shanghai BOCHU Electronic Technology'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 28.27% mean?
Shanghai BOCHU Electronic Technology (SHSE:688188) has a Return-on-Tangible-Asset of 28.27% 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 Shanghai BOCHU Electronic Technology and its competitors. This is 49% above median its historical median of 19.01. Over the past decade, Shanghai BOCHU Electronic Technology's Return-on-Tangible-Asset has ranged from 12.94 to 61.20. According to the industry distribution chart, Shanghai BOCHU Electronic Technology ranks #92 out of 1033 companies in the Semiconductors industry, placing it in the top 8.9%.
Is Shanghai BOCHU Electronic Technology's Return-on-Tangible-Asset too high?
Shanghai BOCHU Electronic Technology's current Return-on-Tangible-Asset of 28.27% is 49% above median its 10-year median of 19.01. Over the past 10 years, this metric has ranged from a low of 12.94 to a high of 61.20. The Semiconductors industry median Return-on-Tangible-Asset is 3.40. Shanghai BOCHU Electronic Technology's value of 28.27% is 731.5% above this industry median. Based on the distribution chart, Shanghai BOCHU Electronic Technology ranks #92 out of 1033 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai BOCHU Electronic Technology has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai BOCHU Electronic Technology's Return-on-Tangible-Asset compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Shanghai BOCHU Electronic Technology ranks #92 out of 1033 companies for Return-on-Tangible-Asset. This places Shanghai BOCHU Electronic Technology in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.40. Shanghai BOCHU Electronic Technology's value of 28.27% is 731.5% above this benchmark. Historically, Shanghai BOCHU Electronic Technology's own Return-on-Tangible-Asset has ranged from 12.94 to 61.20 over the past decade. While the company's 10-year median is 19.01 vs. the industry median of 3.40, Shanghai BOCHU Electronic Technology 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 3.40, 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. Shanghai BOCHU Electronic Technology's current Return-on-Tangible-Asset of 28.27% is 731.5% 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 Shanghai BOCHU Electronic Technology and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai BOCHU Electronic Technology's current Return-on-Tangible-Asset is 28.27%, which is 49% above median its own 10-year median of 19.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai BOCHU Electronic Technology stock overvalued right now?
Based on GuruFocus' analysis, Shanghai BOCHU Electronic Technology (SHSE:688188) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥135.15, compared to a current price of ¥98.55 — trading 27.1% below its estimated fair value. The current Return-on-Tangible-Asset is 28.27%, which is 49% above median its 10-year median of 19.01 and 731.5% above the Semiconductors industry median of 3.40. Shanghai BOCHU Electronic Technology's overall GF Score™ is 97/100 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 Shanghai BOCHU Electronic Technology (SHSE:688188), the current Return-on-Tangible-Asset is 28.27% 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 Shanghai BOCHU Electronic Technology (SHSE:688188) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai BOCHU Electronic Technology stock appears to be undervalued.
The current stock price of ¥98.55 is trading 27.1% below its estimated GF Value™ of ¥135.15.
GuruFocus considers Shanghai BOCHU Electronic Technology to be Modestly Undervalued.
Key valuation signals for SHSE:688188:
Return-on-Tangible-Asset: 28.27% (49% above median its 10-year median of 19.01)
GF Value™: ¥135.15 vs. price of ¥98.55 (27.1% below fair value)
Industry Position: 731.5% above the Semiconductors median (#92 of 1033)
No single metric tells the full story. See the SHSE:688188 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai BOCHU Electronic Technology Corp Ltd is engaged in research & development, production, and sales of laser cutting control systems. The company develops follow-up control, board control, and bus control systems, along with related supporting products.
97GF Score
Get the complete analysis for SHSE:688188
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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