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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. Maxic Technology's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥1.0 Mil. Maxic Technology's average total tangible assets for the quarter that ended in Jun. 2026 was ¥1,940.8 Mil. Therefore, Maxic Technology's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 0.05%.
The historical rank and industry rank for Maxic Technology's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688458'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -11.19 Med: -0.71 Max: 7.52
Current: -1.24
During the past 7 years, Maxic Technology's highest Return-on-Tangible-Asset was 7.52%. The lowest was -11.19%. And the median was -0.71%.
SHSE:688458's Return-on-Tangible-Asset is ranked worse than 71.05% of 2497
companies
in the Hardware industry
Industry Median: 2.91
vs SHSE:688458: -1.24
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.
Maxic Technology Return-on-Tangible-Asset Related Terms
Maxic Technology Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Maxic Technology'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:688458 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Maxic 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.
Maxic Technology Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Maxic Technology's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Maxic 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 0.05% mean?
Maxic Technology (SHSE:688458) has a Return-on-Tangible-Asset of 0.05% 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 Maxic Technology and its competitors. According to the industry distribution chart, Maxic Technology ranks #1774 out of 2497 companies in the Hardware industry, placing it in the top 71%.
Is Maxic Technology's Return-on-Tangible-Asset too high?
Maxic Technology's current Return-on-Tangible-Asset is 0.05%. The Hardware industry median Return-on-Tangible-Asset is 2.91. Maxic Technology's value of 0.05% is 98.3% below this industry median. Based on the distribution chart, Maxic Technology ranks #1774 out of 2497 companies in the Hardware industry, which is below the industry midpoint. Overall, Maxic Technology has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Maxic Technology's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Maxic Technology ranks #1774 out of 2497 companies for Return-on-Tangible-Asset. This places Maxic Technology in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.91. Maxic Technology's value of 0.05% is 98.3% 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.91, based on 2,497 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. Maxic Technology's current Return-on-Tangible-Asset of 0.05% is 98.3% 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 Maxic Technology and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maxic Technology's current Return-on-Tangible-Asset is 0.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxic Technology stock overvalued right now?
Based on GuruFocus' analysis, Maxic Technology (SHSE:688458) is currently considered Possible Value Trap. The stock's GF Value™ is ¥63.18, compared to a current price of ¥37.34 — trading 40.9% below its estimated fair value. The current Return-on-Tangible-Asset is 0.05% and 98.3% below the Hardware industry median of 2.91. Maxic Technology's overall GF Score™ is 65/100 with 3 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 Maxic Technology (SHSE:688458), the current Return-on-Tangible-Asset is 0.05% 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 Maxic Technology (SHSE:688458) Overvalued in 2026?
Based on GuruFocus' analysis, Maxic Technology stock appears to be undervalued.
The current stock price of ¥37.34 is trading 40.9% below its estimated GF Value™ of ¥63.18.
GuruFocus considers Maxic Technology to be Possible Value Trap.
Key valuation signals for SHSE:688458:
Return-on-Tangible-Asset: 0.05%
GF Value™: ¥63.18 vs. price of ¥37.34 (40.9% below fair value)
Industry Position: 98.3% below the Hardware median (#1774 of 2497)
No single metric tells the full story. See the SHSE:688458 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maxic Technology Inc is a high-tech design and sales company, focusing on the high-performance analog and digital-analog hybrid IC. Based on an independently developed high voltage integrated process, Maxic provides wireless Soc IC, USB-C/PD fast charging IC, full range of LED drivers, signal chain IC, etc. Covering communication terminals, consumer electronics, LED lighting, smart homes, automobile manufacturing, industrial control and other fields. Maxic has an advanced and experienced core team in the design and process development of high-performance analog and digital-analog hybrid IC.
65GF Score
Get the complete analysis for SHSE:688458
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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