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SHSE:688523's Return-on-Tangible-Asset is ranked worse than 64.35% of 359
companies
in the Aerospace & Defense industry
Industry Median: 3.05
vs SHSE:688523: 0.73
Hunan Aerospace Huanyu Communication Technology Co (SHSE:688523) 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 companyÂ’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 companyÂ’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.
Hunan Aerospace Huanyu Communication Technology Co Return-on-Tangible-Asset Related Terms
Hunan Aerospace Huanyu Communication Technology Co Return-on-Tangible-Asset Historical Data
* 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.
Hunan Aerospace Huanyu Communication Technology Co Return-on-Tangible-Asset Chart
Hunan Aerospace Huanyu Communication Technology Co Annual Data
SHSE:688523 vs SPCX, GE, RTX: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, Hunan Aerospace Huanyu Communication Technology 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.
Hunan Aerospace Huanyu Communication Technology Co Return-on-Tangible-Asset vs Aerospace & Defense Industry
* 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 0.42% mean?
Hunan Aerospace Huanyu Communication Technology Co (SHSE:688523) has a Return-on-Tangible-Asset of 0.42% 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 Hunan Aerospace Huanyu Communication Technology Co and its competitors. This is 96% below median its historical median of 11.53. Over the past decade, Hunan Aerospace Huanyu Communication Technology Co's Return-on-Tangible-Asset has ranged from 0.73 to 15.16. According to the industry distribution chart, Hunan Aerospace Huanyu Communication Technology Co ranks #231 out of 359 companies in the Aerospace & Defense industry, placing it in the top 64.3%.
Is Hunan Aerospace Huanyu Communication Technology Co's Return-on-Tangible-Asset too high?
Hunan Aerospace Huanyu Communication Technology Co's current Return-on-Tangible-Asset of 0.42% is 96% below median its 10-year median of 11.53. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 15.16. The Aerospace & Defense industry median Return-on-Tangible-Asset is 3.05. Hunan Aerospace Huanyu Communication Technology Co's value of 0.42% is 86.2% below this industry median. Based on the distribution chart, Hunan Aerospace Huanyu Communication Technology Co ranks #231 out of 359 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Hunan Aerospace Huanyu Communication Technology Co has a GF Scoreâ„¢ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hunan Aerospace Huanyu Communication Technology Co's Return-on-Tangible-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Hunan Aerospace Huanyu Communication Technology Co ranks #231 out of 359 companies for Return-on-Tangible-Asset. This places Hunan Aerospace Huanyu Communication Technology Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.05. Hunan Aerospace Huanyu Communication Technology Co's value of 0.42% is 86.2% below this benchmark. Historically, Hunan Aerospace Huanyu Communication Technology Co's own Return-on-Tangible-Asset has ranged from 0.73 to 15.16 over the past decade. While the company's 10-year median is 11.53 vs. the industry median of 3.05, Hunan Aerospace Huanyu Communication Technology 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 an Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 3.05, based on 359 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. Hunan Aerospace Huanyu Communication Technology Co's current Return-on-Tangible-Asset of 0.42% is 86.2% 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 Hunan Aerospace Huanyu Communication Technology Co and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hunan Aerospace Huanyu Communication Technology Co's current Return-on-Tangible-Asset is 0.42%, which is 96% below median its own 10-year median of 11.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hunan Aerospace Huanyu Communication Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Hunan Aerospace Huanyu Communication Technology Co (SHSE:688523) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥17.92, compared to a current price of ¥42.03 — trading 134.5% above its estimated fair value. The current Return-on-Tangible-Asset is 0.42%, which is 96% below median its 10-year median of 11.53 and 86.2% below the Aerospace & Defense industry median of 3.05. Hunan Aerospace Huanyu Communication Technology Co's overall GF Score™ is 72/100 with 9 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 Hunan Aerospace Huanyu Communication Technology Co (SHSE:688523), the current Return-on-Tangible-Asset is 0.42% 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 Hunan Aerospace Huanyu Communication Technology Co (SHSE:688523) Overvalued in 2026?
Based on GuruFocus' analysis, Hunan Aerospace Huanyu Communication Technology Co stock appears to be overvalued.
The current stock price of Â¥42.03 is trading 134.5% above its estimated GF Value™ of Â¥17.92.
GuruFocus considers Hunan Aerospace Huanyu Communication Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:688523:
Return-on-Tangible-Asset: 0.42% (96% below median its 10-year median of 11.53)
GF Value™: Â¥17.92 vs. price of Â¥42.03 (134.5% above fair value)
Industry Position: 86.2% below the Aerospace & Defense median (#231 of 359)
No single metric tells the full story. See the SHSE:688523 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hunan Aerospace Huanyu Communication Technology Co Ltd is mainly engaged in the research, development, manufacturing, and service of spaceborne high-end microwave communication systems, satellite communication systems, aerospace technology equipment, and high-end composite material parts and components. The company is committed to providing product support and engineering application services for majorily aerospace host units.
72GF Score
Get the complete analysis for SHSE:688523
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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