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Zhejiang Headman Machinery CoSHSE:688577 -3.33%83 Return-on-Tangible-Asset is 7.29% as of Jun. 2026, which is 26% above its 10-year median of 5.78. GuruFocus rates SHSE:688577 with a GF Score™ of 83/100 and a GF Value™ of ¥39.68 (Fairly Valued). The stock has 6 warning signs investors should review. Among 3,085 Industrial Products companies, Zhejiang Headman Machinery Co ranks better than 64.18% on this metric.
The historical rank and industry rank for Zhejiang Headman Machinery Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688577'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.76 Med: 5.78 Max: 12.04
Current: 5.51
During the past 13 years, Zhejiang Headman Machinery Co's highest Return-on-Tangible-Asset was 12.04%. The lowest was 1.76%. And the median was 5.78%.
SHSE:688577's Return-on-Tangible-Asset is ranked better than 64.18% of 3085
companies
in the Industrial Products industry
Industry Median: 3.34
vs SHSE:688577: 5.51
Zhejiang Headman Machinery Co (SHSE:688577) 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.
Zhejiang Headman Machinery Co Return-on-Tangible-Asset Related Terms
Zhejiang Headman Machinery 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.
Zhejiang Headman Machinery Co Return-on-Tangible-Asset Chart
SHSE:688577 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Zhejiang Headman Machinery 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.
Zhejiang Headman Machinery Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Headman Machinery Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zhejiang Headman Machinery 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 7.29% mean?
Zhejiang Headman Machinery Co (SHSE:688577) has a Return-on-Tangible-Asset of 7.29% 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 Zhejiang Headman Machinery Co and its competitors. This is 26% above median its historical median of 5.78. Over the past decade, Zhejiang Headman Machinery Co's Return-on-Tangible-Asset has ranged from 1.76 to 12.04. According to the industry distribution chart, Zhejiang Headman Machinery Co ranks #1105 out of 3085 companies in the Industrial Products industry, placing it in the top 35.8%.
Is Zhejiang Headman Machinery Co's Return-on-Tangible-Asset too high?
Zhejiang Headman Machinery Co's current Return-on-Tangible-Asset of 7.29% is 26% above median its 10-year median of 5.78. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 12.04. The Industrial Products industry median Return-on-Tangible-Asset is 3.34. Zhejiang Headman Machinery Co's value of 7.29% is 118.3% above this industry median. Based on the distribution chart, Zhejiang Headman Machinery Co ranks #1105 out of 3085 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Zhejiang Headman Machinery Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Headman Machinery Co's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Headman Machinery Co ranks #1105 out of 3085 companies for Return-on-Tangible-Asset. This puts Zhejiang Headman Machinery Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.34. Zhejiang Headman Machinery Co's value of 7.29% is 118.3% above this benchmark. Historically, Zhejiang Headman Machinery Co's own Return-on-Tangible-Asset has ranged from 1.76 to 12.04 over the past decade. While the company's 10-year median is 5.78 vs. the industry median of 3.34, Zhejiang Headman Machinery Co has consistently been above 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 Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.34, based on 3,085 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. Zhejiang Headman Machinery Co's current Return-on-Tangible-Asset of 7.29% is 118.3% above 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 Zhejiang Headman Machinery Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Headman Machinery Co's current Return-on-Tangible-Asset is 7.29%, which is 26% above median its own 10-year median of 5.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Headman Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Headman Machinery Co (SHSE:688577) is currently considered Fairly Valued. The stock's GF Value™ is ¥39.68, compared to a current price of ¥39.15 — trading 1.3% below its estimated fair value. The current Return-on-Tangible-Asset is 7.29%, which is 26% above median its 10-year median of 5.78 and 118.3% above the Industrial Products industry median of 3.34. Zhejiang Headman Machinery Co's overall GF Score™ is 83/100 with 6 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 Zhejiang Headman Machinery Co (SHSE:688577), the current Return-on-Tangible-Asset is 7.29% 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 Zhejiang Headman Machinery Co (SHSE:688577) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Headman Machinery Co stock appears to be undervalued.
The current stock price of ¥39.15 is trading 1.3% below its estimated GF Value™ of ¥39.68.
GuruFocus considers Zhejiang Headman Machinery Co to be Fairly Valued.
Key valuation signals for SHSE:688577:
Return-on-Tangible-Asset: 7.29% (26% above median its 10-year median of 5.78)
GF Value™: ¥39.68 vs. price of ¥39.15 (1.3% below fair value)
Industry Position: 118.3% above the Industrial Products median (#1105 of 3085)
No single metric tells the full story. See the SHSE:688577 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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