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.
Sicc CoSHSE:688234 -3.38%72 Return-on-Tangible-Asset is 0.08% as of Jun. 2026. GuruFocus rates SHSE:688234 with a GF Score™ of 72/100 and a GF Value™ of ¥67.48 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,034 Semiconductors companies, Sicc Co ranks worse than 74.18% 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. Sicc Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥8 Mil. Sicc Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥9,526 Mil. Therefore, Sicc Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 0.08%.
The historical rank and industry rank for Sicc Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688234'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -35.76 Med: -2.95 Max: 3.93
Current: -3.07
During the past 8 years, Sicc Co's highest Return-on-Tangible-Asset was 3.93%. The lowest was -35.76%. And the median was -2.95%.
SHSE:688234's Return-on-Tangible-Asset is ranked worse than 74.18% of 1034
companies
in the Semiconductors industry
Industry Median: 3.64
vs SHSE:688234: -3.07
Sicc Co (SHSE:688234) 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.
Sicc Co Return-on-Tangible-Asset Related Terms
Sicc Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sicc Co'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:688234 vs AMAT, LRCX, KLAC: Return-on-Tangible-Asset Comparison
For the Semiconductor Equipment & Materials subindustry, Sicc 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.
Sicc Co Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Sicc Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sicc 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 0.08% mean?
Sicc Co (SHSE:688234) has a Return-on-Tangible-Asset of 0.08% 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 Sicc Co and its competitors. According to the industry distribution chart, Sicc Co ranks #767 out of 1034 companies in the Semiconductors industry, placing it in the top 74.2%.
Is Sicc Co's Return-on-Tangible-Asset too high?
Sicc Co's current Return-on-Tangible-Asset is 0.08%. The Semiconductors industry median Return-on-Tangible-Asset is 3.64. Sicc Co's value of 0.08% is 97.8% below this industry median. Based on the distribution chart, Sicc Co ranks #767 out of 1034 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Sicc Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sicc Co's Return-on-Tangible-Asset compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Sicc Co ranks #767 out of 1034 companies for Return-on-Tangible-Asset. This places Sicc Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.64. Sicc Co's value of 0.08% is 97.8% below this benchmark. 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 3.64, based on 1,034 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. Sicc Co's current Return-on-Tangible-Asset of 0.08% is 97.8% 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 Sicc Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sicc Co's current Return-on-Tangible-Asset is 0.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sicc Co stock overvalued right now?
Based on GuruFocus' analysis, Sicc Co (SHSE:688234) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥67.48, compared to a current price of ¥105.86 — trading 56.9% above its estimated fair value. The current Return-on-Tangible-Asset is 0.08% and 97.8% below the Semiconductors industry median of 3.64. Sicc Co's overall GF Score™ is 72/100 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 Sicc Co (SHSE:688234), the current Return-on-Tangible-Asset is 0.08% 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 Sicc Co (SHSE:688234) Overvalued in 2026?
Based on GuruFocus' analysis, Sicc Co stock appears to be overvalued.
The current stock price of ¥105.86 is trading 56.9% above its estimated GF Value™ of ¥67.48.
GuruFocus considers Sicc Co to be Significantly Overvalued.
Key valuation signals for SHSE:688234:
Return-on-Tangible-Asset: 0.08%
GF Value™: ¥67.48 vs. price of ¥105.86 (56.9% above fair value)
Industry Position: 97.8% below the Semiconductors median (#767 of 1034)
No single metric tells the full story. See the SHSE:688234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sicc Co Ltd is principally engaged in research and development, manufacturing and sales of SiC substrates. The Group's revenue streams are categorized as follows: Sales of SiC semiconductor material; and Others. It generates majority of its revenue from the Sales of SiC semiconductor material.
72GF Score
Get the complete analysis for SHSE:688234
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:688234 has been successfully added to your 
