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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.
HCR CoSHSE:688500 +0.70%60 Return-on-Tangible-Asset is -11.09% as of Mar. 2026. GuruFocus rates SHSE:688500 with a GF Score™ of 60/100 and a GF Value™ of ¥43.38 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,897 Software companies, HCR Co ranks worse than 66.97% 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. HCR Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥-110.2 Mil. HCR Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥994.3 Mil. Therefore, HCR Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -11.09%.
The historical rank and industry rank for HCR Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688500'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -14.23 Med: -0.28 Max: 8.84
Current: -5.1
During the past 13 years, HCR Co's highest Return-on-Tangible-Asset was 8.84%. The lowest was -14.23%. And the median was -0.28%.
SHSE:688500's Return-on-Tangible-Asset is ranked worse than 66.97% of 2897
companies
in the Software industry
Industry Median: 2.17
vs SHSE:688500: -5.10
HCR Co (SHSE:688500) 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.
HCR Co Return-on-Tangible-Asset Related Terms
HCR Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for HCR 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.
SHSE:688500 vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, HCR 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.
HCR Co Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, HCR Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where HCR 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 -11.09% mean?
HCR Co (SHSE:688500) has a Return-on-Tangible-Asset of -11.09% 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 HCR Co and its competitors. According to the industry distribution chart, HCR Co ranks #1940 out of 2897 companies in the Software industry, placing it in the top 67%.
Is HCR Co's Return-on-Tangible-Asset too high?
HCR Co's current Return-on-Tangible-Asset is -11.09%. Based on the distribution chart, HCR Co ranks #1940 out of 2897 companies in the Software industry, which is below the industry midpoint. Overall, HCR Co has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HCR Co's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, HCR Co ranks #1940 out of 2897 companies for Return-on-Tangible-Asset. This places HCR Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.17. 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.17, based on 2,897 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 HCR Co and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HCR Co's current Return-on-Tangible-Asset is -11.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HCR Co stock overvalued right now?
Based on GuruFocus' analysis, HCR Co (SHSE:688500) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥43.38, compared to a current price of ¥35.97 — trading 17.1% below its estimated fair value. The current Return-on-Tangible-Asset is -11.09%. HCR Co's overall GF Score™ is 60/100 with 1 warning sign 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 HCR Co (SHSE:688500), the current Return-on-Tangible-Asset is -11.09% 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 HCR Co (SHSE:688500) Overvalued in 2026?
Based on GuruFocus' analysis, HCR Co stock appears to be undervalued.
The current stock price of ¥35.97 is trading 17.1% below its estimated GF Value™ of ¥43.38.
GuruFocus considers HCR Co to be Modestly Undervalued.
Key valuation signals for SHSE:688500:
Return-on-Tangible-Asset: -11.09%
GF Value™: ¥43.38 vs. price of ¥35.97 (17.1% below fair value)
No single metric tells the full story. See the SHSE:688500 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HCR Co Ltd is a data intelligence solution provider. The company has built an data intelligence system of which the functions include data integration, data insight and data implementation to provide one-stop solution to customer, combined with the accumulated knowledge and means of market research, as well as the artificial intelligence technology.
60GF Score
Get the complete analysis for SHSE:688500
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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