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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. Zbit Semiconductor's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥194.5 Mil. Zbit Semiconductor's average total tangible assets for the quarter that ended in Mar. 2026 was ¥1,375.4 Mil. Therefore, Zbit Semiconductor's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 14.15%.
The historical rank and industry rank for Zbit Semiconductor's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688416'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.46 Med: -6.4 Max: 37.49
Current: -1.76
During the past 8 years, Zbit Semiconductor's highest Return-on-Tangible-Asset was 37.49%. The lowest was -10.46%. And the median was -6.40%.
SHSE:688416's Return-on-Tangible-Asset is ranked worse than 69.7% of 1033
companies
in the Semiconductors industry
Industry Median: 3.4
vs SHSE:688416: -1.76
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.
Zbit Semiconductor Return-on-Tangible-Asset Related Terms
Zbit Semiconductor Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Zbit Semiconductor'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:688416 vs NVDA, AVGO, MU: Return-on-Tangible-Asset Comparison
For the Semiconductors subindustry, Zbit Semiconductor'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.
Zbit Semiconductor Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Zbit Semiconductor's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zbit Semiconductor'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 14.15% mean?
Zbit Semiconductor (SHSE:688416) has a Return-on-Tangible-Asset of 14.15% 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 Zbit Semiconductor and its competitors. According to the industry distribution chart, Zbit Semiconductor ranks #720 out of 1033 companies in the Semiconductors industry, placing it in the top 69.7%.
Is Zbit Semiconductor's Return-on-Tangible-Asset too high?
Zbit Semiconductor's current Return-on-Tangible-Asset is 14.15%. The Semiconductors industry median Return-on-Tangible-Asset is 3.40. Zbit Semiconductor's value of 14.15% is 316.2% above this industry median. Based on the distribution chart, Zbit Semiconductor ranks #720 out of 1033 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Zbit Semiconductor has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zbit Semiconductor's Return-on-Tangible-Asset compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Zbit Semiconductor ranks #720 out of 1033 companies for Return-on-Tangible-Asset. This places Zbit Semiconductor in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.40. Zbit Semiconductor's value of 14.15% is 316.2% above 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 3.40, 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. Zbit Semiconductor's current Return-on-Tangible-Asset of 14.15% is 316.2% 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 Zbit Semiconductor 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. Zbit Semiconductor's current Return-on-Tangible-Asset is 14.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zbit Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, Zbit Semiconductor (SHSE:688416) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥68.50, compared to a current price of ¥75.90 — trading 10.8% above its estimated fair value. The current Return-on-Tangible-Asset is 14.15% and 316.2% above the Semiconductors industry median of 3.40. Zbit Semiconductor's overall GF Score™ is 74/100 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 Zbit Semiconductor (SHSE:688416), the current Return-on-Tangible-Asset is 14.15% 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 Zbit Semiconductor (SHSE:688416) Overvalued in 2026?
Based on GuruFocus' analysis, Zbit Semiconductor stock appears to be overvalued.
The current stock price of ¥75.90 is trading 10.8% above its estimated GF Value™ of ¥68.50.
GuruFocus considers Zbit Semiconductor to be Modestly Overvalued.
Key valuation signals for SHSE:688416:
Return-on-Tangible-Asset: 14.15%
GF Value™: ¥68.50 vs. price of ¥75.90 (10.8% above fair value)
Industry Position: 316.2% above the Semiconductors median (#720 of 1033)
No single metric tells the full story. See the SHSE:688416 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressNorthwest of the intersection of Tianshui Road and Taihe Road, Building 11, Luyang USTC Alumni Enterprise Innovation Park, Luyang District, Anhui Province, Hefei, CHN, 230041
Zbit Semiconductor Inc is an integrated circuit design company engaged in the research and development, design, and sales of memory chips and MCU chips. The company's current main products include NOR Flash memory chips, general-purpose 32-bit MCU chips, AI chip business (general-purpose AI SoC chips, AI algorithm models, and AI module boards), and embedded storage product business (niche NAND Flash and eMMC chip products).
74GF Score
Get the complete analysis for SHSE:688416
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