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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. Genew Technologies Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥-179.6 Mil. Genew Technologies Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥1,700.3 Mil. Therefore, Genew Technologies Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -10.56%.
The historical rank and industry rank for Genew Technologies Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688418'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -14.34 Med: 2.71 Max: 10.22
Current: -6.76
During the past 12 years, Genew Technologies Co's highest Return-on-Tangible-Asset was 10.22%. The lowest was -14.34%. And the median was 2.71%.
SHSE:688418's Return-on-Tangible-Asset is ranked worse than 82.31% of 2499
companies
in the Hardware industry
Industry Median: 2.69
vs SHSE:688418: -6.76
Genew Technologies Co (SHSE:688418) 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.
Genew Technologies Co Return-on-Tangible-Asset Related Terms
Genew Technologies Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Genew Technologies 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.
Genew Technologies Co Return-on-Tangible-Asset Chart
SHSE:688418 vs CSCO, MSI, HPE: Return-on-Tangible-Asset Comparison
For the Communication Equipment subindustry, Genew Technologies 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.
Genew Technologies Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Genew Technologies Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Genew Technologies 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -10.56% mean?
Genew Technologies Co (SHSE:688418) has a Return-on-Tangible-Asset of -10.56% 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 Genew Technologies Co and its competitors. According to the industry distribution chart, Genew Technologies Co ranks #2057 out of 2499 companies in the Hardware industry, placing it in the top 82.3%.
Is Genew Technologies Co's Return-on-Tangible-Asset too high?
Genew Technologies Co's current Return-on-Tangible-Asset is -10.56%. Based on the distribution chart, Genew Technologies Co ranks #2057 out of 2499 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Genew Technologies Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Genew Technologies Co's Return-on-Tangible-Asset compare to CSCO and MSI?
According to the Hardware industry distribution chart, Genew Technologies Co ranks #2057 out of 2499 companies for Return-on-Tangible-Asset. This places Genew Technologies Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.69. 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.69, based on 2,499 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. 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 Genew Technologies Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Genew Technologies Co's current Return-on-Tangible-Asset is -10.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genew Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Genew Technologies Co (SHSE:688418) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥37.76, compared to a current price of ¥32.05 — trading 15.1% below its estimated fair value. The current Return-on-Tangible-Asset is -10.56%. Genew Technologies Co's overall GF Score™ is 75/100 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 Genew Technologies Co (SHSE:688418), the current Return-on-Tangible-Asset is -10.56% 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 Genew Technologies Co (SHSE:688418) Overvalued in 2026?
Based on GuruFocus' analysis, Genew Technologies Co stock appears to be undervalued.
The current stock price of ¥32.05 is trading 15.1% below its estimated GF Value™ of ¥37.76.
GuruFocus considers Genew Technologies Co to be Modestly Undervalued.
Key valuation signals for SHSE:688418:
Return-on-Tangible-Asset: -10.56%
GF Value™: ¥37.76 vs. price of ¥32.05 (15.1% below fair value)
No single metric tells the full story. See the SHSE:688418 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Genew Technologies Co Ltd is engaged in design and sales of communication system equipment, and provide customers with professional and complete customized communication technology solutions. The company's product categories include Core Network; Copper Access Network; Unified Communication; Optical Transmission Network; Optical Access Network; and Ethernet Switch.
75GF Score
Get the complete analysis for SHSE:688418
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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