Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) Return-on-Tangible-Asset: 0.27% (As of Mar. 2026) — 96% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:688484 Southchip Semiconductor Technology (Shanghai) Co Ltd SHSE:688484
57 GF Score
Price ¥36.32
GF Value ¥57.01
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Southchip Semiconductor Technology (Shanghai) Co Return-on-Tangible-Asset?

Southchip Semiconductor Technology (Shanghai) Co SHSE:688484 +1.03% 57 Return-on-Tangible-Asset is 0.27% as of Mar. 2026, which is 96% below its 10-year median of 6.76. GuruFocus rates SHSE:688484 with a GF Score™ of 57/100 and a GF Value™ of ¥57.01 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,029 Semiconductors companies, Southchip Semiconductor Technology (Shanghai) Co ranks better than 54.23% 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. Southchip Semiconductor Technology (Shanghai) Co's annualized Net Income for the quarter that ended in Mar. 2026 was ¥13 Mil. Southchip Semiconductor Technology (Shanghai) Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥4,932 Mil. Therefore, Southchip Semiconductor Technology (Shanghai) Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.27%.

The historical rank and industry rank for Southchip Semiconductor Technology (Shanghai) Co's Return-on-Tangible-Asset or its related term are showing as below:

SHSE:688484' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.85   Med: 6.76   Max: 33.89
Current: 3.75

During the past 7 years, Southchip Semiconductor Technology (Shanghai) Co's highest Return-on-Tangible-Asset was 33.89%. The lowest was -7.85%. And the median was 6.76%.

SHSE:688484's Return-on-Tangible-Asset is ranked better than
54.23% of 1029 companies
in the Semiconductors industry
Industry Median: 2.84 vs SHSE:688484: 3.75

Southchip Semiconductor Technology (Shanghai) Co  (SHSE:688484) 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 company’s 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 company’s 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.


Southchip Semiconductor Technology (Shanghai) Co Return-on-Tangible-Asset Related Terms


Southchip Semiconductor Technology (Shanghai) Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Southchip Semiconductor Technology (Shanghai) 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.

Southchip Semiconductor Technology (Shanghai) Co Return-on-Tangible-Asset Chart

Southchip Semiconductor Technology (Shanghai) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial 33.89 14.70 7.74 6.76 4.95

Southchip Semiconductor Technology (Shanghai) Co Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.50 5.08 5.88 3.94 0.27

SHSE:688484 vs NVDA, AVGO, MU: Return-on-Tangible-Asset Comparison

For the Semiconductors subindustry, Southchip Semiconductor Technology (Shanghai) 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.


Southchip Semiconductor Technology (Shanghai) Co Return-on-Tangible-Asset vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Southchip Semiconductor Technology (Shanghai) Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Southchip Semiconductor Technology (Shanghai) Co's Return-on-Tangible-Asset falls into.


SHSE:688484
57GF Score
Southchip Semiconductor Technology (Shanghai) Co Ltd SHSE:688484
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southchip Semiconductor Technology (Shanghai) Co Return-on-Tangible-Asset Calculation

Southchip Semiconductor Technology (Shanghai) Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=238.6/( (4628.425+5012.267)/ 2 )
=238.6/4820.346
=4.95 %

Southchip Semiconductor Technology (Shanghai) Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=13.352/( (5012.267+4851.293)/ 2 )
=13.352/4931.78
=0.27 %

* 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 0.27% mean?
Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) has a Return-on-Tangible-Asset of 0.27% 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 Southchip Semiconductor Technology (Shanghai) Co and its competitors. This is 96% below median its historical median of 6.76. According to the industry distribution chart, Southchip Semiconductor Technology (Shanghai) Co ranks #471 out of 1029 companies in the Semiconductors industry, placing it in the top 45.8%.
Is Southchip Semiconductor Technology (Shanghai) Co's Return-on-Tangible-Asset too high?
Southchip Semiconductor Technology (Shanghai) Co's current Return-on-Tangible-Asset of 0.27% is 96% below median its 10-year median of 6.76. The Semiconductors industry median Return-on-Tangible-Asset is 2.84. Southchip Semiconductor Technology (Shanghai) Co's value of 0.27% is 90.5% below this industry median. Based on the distribution chart, Southchip Semiconductor Technology (Shanghai) Co ranks #471 out of 1029 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Southchip Semiconductor Technology (Shanghai) Co has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Southchip Semiconductor Technology (Shanghai) Co's Return-on-Tangible-Asset compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Southchip Semiconductor Technology (Shanghai) Co ranks #471 out of 1029 companies for Return-on-Tangible-Asset. This puts Southchip Semiconductor Technology (Shanghai) Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.84. Southchip Semiconductor Technology (Shanghai) Co's value of 0.27% is 90.5% below this benchmark. While the company's 10-year median is 6.76 vs. the industry median of 2.84, Southchip Semiconductor Technology (Shanghai) Co has consistently been below 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 a Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.84, based on 1,029 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. Southchip Semiconductor Technology (Shanghai) Co's current Return-on-Tangible-Asset of 0.27% is 90.5% 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 Southchip Semiconductor Technology (Shanghai) Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southchip Semiconductor Technology (Shanghai) Co's current Return-on-Tangible-Asset is 0.27%, which is 96% below median its own 10-year median of 6.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southchip Semiconductor Technology (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) is currently considered Possible Value Trap. The stock's GF Value™ is ¥57.01, compared to a current price of ¥36.32 — trading 36.3% below its estimated fair value. The current Return-on-Tangible-Asset is 0.27%, which is 96% below median its 10-year median of 6.76 and 90.5% below the Semiconductors industry median of 2.84. Southchip Semiconductor Technology (Shanghai) Co's overall GF Score™ is 57/100 with 4 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 Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484), the current Return-on-Tangible-Asset is 0.27% 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 Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) Overvalued in 2026?

Based on GuruFocus' analysis, Southchip Semiconductor Technology (Shanghai) Co stock appears to be undervalued. The current stock price of ¥36.32 is trading 36.3% below its estimated GF Value™ of ¥57.01. GuruFocus considers Southchip Semiconductor Technology (Shanghai) Co to be Possible Value Trap.

Key valuation signals for SHSE:688484:

  • Return-on-Tangible-Asset: 0.27% (96% below median its 10-year median of 6.76)
  • GF Value™: ¥57.01 vs. price of ¥36.32 (36.3% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 90.5% below the Semiconductors median (#471 of 1029)

No single metric tells the full story. See the SHSE:688484 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southchip Semiconductor Technology (Shanghai) Co Business Description

Address Room 1601, No. 54, Lane 565, Shengxia Road, China (Shanghai) Pilot Free Trade Zone (Building 4, Pilot Free Trade Zone, Shanghai, CHN, 201210
Southchip Semiconductor Technology (Shanghai) Co Ltd is engaged in the R&D, design and sales of analog and embedded chips, power and battery management. The company's products include Automotive Products, DC-DC Converters, AC-DC Converters, USB Type-C & Power Delivery, PMIC, Charging Management, and Battery Management Solution. It provides solutions to automotive industry, industrial control and consumer electronics.
57GF Score

Get the complete analysis for SHSE:688484

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥36.32
Price
¥57.01
GF Value