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HitGenSHSE:688222 -4.09%88 Return-on-Tangible-Asset is 9.26% as of Mar. 2026, which is 155% above its 10-year median of 3.63. GuruFocus rates SHSE:688222 with a GF Score™ of 88/100 and a GF Value™ of ¥26.32 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,415 Biotechnology companies, HitGen ranks better than 88.9% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. HitGen's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥166.0 Mil. HitGen's average total tangible assets for the quarter that ended in Mar. 2026 was ¥1,792.3 Mil. Therefore, HitGen's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.26%.
The historical rank and industry rank for HitGen's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688222'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -19.84 Med: 3.63 Max: 21.63
Current: 6.97
During the past 10 years, HitGen's highest Return-on-Tangible-Asset was 21.63%. The lowest was -19.84%. And the median was 3.63%.
SHSE:688222's Return-on-Tangible-Asset is ranked better than 88.9% of 1415
companies
in the Biotechnology industry
Industry Median: -35.77
vs SHSE:688222: 6.97
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.
HitGen Return-on-Tangible-Asset Related Terms
HitGen Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for HitGen's Return-on-Tangible-Asset can be seen below:
* 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:688222 vs VRTX, REGN, RVMD: Return-on-Tangible-Asset Comparison
For the Biotechnology subindustry, HitGen'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.
HitGen Return-on-Tangible-Asset vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, HitGen's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where HitGen'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 9.26% mean?
HitGen (SHSE:688222) has a Return-on-Tangible-Asset of 9.26% 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 HitGen and its competitors. This is 155% above median its historical median of 3.63. According to the industry distribution chart, HitGen ranks #157 out of 1415 companies in the Biotechnology industry, placing it in the top 11.1%.
Is HitGen's Return-on-Tangible-Asset too high?
HitGen's current Return-on-Tangible-Asset of 9.26% is 155% above median its 10-year median of 3.63. Based on the distribution chart, HitGen ranks #157 out of 1415 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, HitGen has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HitGen's Return-on-Tangible-Asset compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, HitGen ranks #157 out of 1415 companies for Return-on-Tangible-Asset. This places HitGen in the top 11% of its industry — outperforming the majority of peers. 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 Biotechnology company?
A good Return-on-Tangible-Asset depends on the Biotechnology industry context. 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 HitGen and its competitors. HitGen's current Return-on-Tangible-Asset is 9.26%, which is 155% above median its own 10-year median of 3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HitGen stock overvalued right now?
Based on GuruFocus' analysis, HitGen (SHSE:688222) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥26.32, compared to a current price of ¥34.68 — trading 31.8% above its estimated fair value. The current Return-on-Tangible-Asset is 9.26%, which is 155% above median its 10-year median of 3.63. HitGen's overall GF Score™ is 88/100 with 5 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 HitGen (SHSE:688222), the current Return-on-Tangible-Asset is 9.26% 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 HitGen (SHSE:688222) Overvalued in 2026?
Based on GuruFocus' analysis, HitGen stock appears to be overvalued.
The current stock price of ¥34.68 is trading 31.8% above its estimated GF Value™ of ¥26.32.
GuruFocus considers HitGen to be Significantly Overvalued.
Key valuation signals for SHSE:688222:
Return-on-Tangible-Asset: 9.26% (155% above median its 10-year median of 3.63)
GF Value™: ¥26.32 vs. price of ¥34.68 (31.8% above fair value)
No single metric tells the full story. See the SHSE:688222 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HitGen Inc is dedicated to building a world-class biopharmaceutical enterprise. Its mission is to advance human health and quality of life. It provides therapeutic solutions to address unmet medical needs. Centered on its internationally DEL (DNA-encoded Library) technology, the Company has expanded into Fragment-Based Drug Discovery and Structure-Based Drug Design and a suite of complementary platforms based on Oligonucleotide-based Therapeutics, Targeted Proximity Drugs, and Cyclic Peptidomimetics. The group has developed HAILO, a proprietary "DEL+AI+Automation" molecular optimization platform, thereby establishing a distinctive novel molecule discovery engine that delivers both therapeutic molecules and tool molecules to the world-wide pharmaceutical industry.
88GF Score
Get the complete analysis for SHSE:688222
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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