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Niutech Environment TechnologySHSE:688309 +0.95%74 Return-on-Tangible-Asset is 15.08% as of Jun. 2026, which is 146% above its 10-year median of 6.12. GuruFocus rates SHSE:688309 with a GF Score™ of 74/100 and a GF Value™ of ¥53.07 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 3,081 Industrial Products companies, Niutech Environment Technology ranks better than 87.5% on this metric.
The historical rank and industry rank for Niutech Environment Technology's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688309'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.28 Med: 6.12 Max: 37.02
Current: 11.26
During the past 13 years, Niutech Environment Technology's highest Return-on-Tangible-Asset was 37.02%. The lowest was -1.28%. And the median was 6.12%.
SHSE:688309's Return-on-Tangible-Asset is ranked better than 87.5% of 3081
companies
in the Industrial Products industry
Industry Median: 3.41
vs SHSE:688309: 11.26
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.
Niutech Environment Technology Return-on-Tangible-Asset Related Terms
Niutech Environment 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:688309 vs VLTO, ZWS, CECO: Return-on-Tangible-Asset Comparison
For the Pollution & Treatment Controls subindustry, Niutech Environment 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.
Niutech Environment Technology Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Niutech Environment Technology's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Niutech Environment 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 15.08% mean?
Niutech Environment Technology (SHSE:688309) has a Return-on-Tangible-Asset of 15.08% 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 Niutech Environment Technology and its competitors. This is 146% above median its historical median of 6.12. According to the industry distribution chart, Niutech Environment Technology ranks #385 out of 3081 companies in the Industrial Products industry, placing it in the top 12.5%.
Is Niutech Environment Technology's Return-on-Tangible-Asset too high?
Niutech Environment Technology's current Return-on-Tangible-Asset of 15.08% is 146% above median its 10-year median of 6.12. The Industrial Products industry median Return-on-Tangible-Asset is 3.41. Niutech Environment Technology's value of 15.08% is 342.2% above this industry median. Based on the distribution chart, Niutech Environment Technology ranks #385 out of 3081 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Niutech Environment Technology has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Niutech Environment Technology's Return-on-Tangible-Asset compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Niutech Environment Technology ranks #385 out of 3081 companies for Return-on-Tangible-Asset. This places Niutech Environment Technology in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.41. Niutech Environment Technology's value of 15.08% is 342.2% above this benchmark. While the company's 10-year median is 6.12 vs. the industry median of 3.41, Niutech Environment 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.41, based on 3,081 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. Niutech Environment Technology's current Return-on-Tangible-Asset of 15.08% is 342.2% 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 Niutech Environment Technology and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Niutech Environment Technology's current Return-on-Tangible-Asset is 15.08%, which is 146% above median its own 10-year median of 6.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niutech Environment Technology stock overvalued right now?
Based on GuruFocus' analysis, Niutech Environment Technology (SHSE:688309) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥53.07, compared to a current price of ¥74.48 — trading 40.3% above its estimated fair value. The current Return-on-Tangible-Asset is 15.08%, which is 146% above median its 10-year median of 6.12 and 342.2% above the Industrial Products industry median of 3.41. Niutech Environment Technology's overall GF Score™ is 74/100 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 Niutech Environment Technology (SHSE:688309), the current Return-on-Tangible-Asset is 15.08% 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 Niutech Environment Technology (SHSE:688309) Overvalued in 2026?
Based on GuruFocus' analysis, Niutech Environment Technology stock appears to be overvalued.
The current stock price of ¥74.48 is trading 40.3% above its estimated GF Value™ of ¥53.07.
GuruFocus considers Niutech Environment Technology to be Significantly Overvalued.
Key valuation signals for SHSE:688309:
Return-on-Tangible-Asset: 15.08% (146% above median its 10-year median of 6.12)
GF Value™: ¥53.07 vs. price of ¥74.48 (40.3% above fair value)
Industry Position: 342.2% above the Industrial Products median (#385 of 3081)
No single metric tells the full story. See the SHSE:688309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Niutech Environment Technology Corp is engaged in organic waste cracking technology research and development and related equipment design, production and sales. The company specializes in high polymer waste, such as waste tyre, waste plastic, oil sludge, waste oil, biomass, hazard waste and municipal sludge Pyrolysis technology and equipment manufacturing and product sales.
74GF Score
Get the complete analysis for SHSE:688309
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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