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Wafer Works (Shanghai) CoSHSE:688584 -2.95%38 Return-on-Tangible-Asset is 1.16% as of Jun. 2026, which is 79% below its 10-year median of 5.45. GuruFocus rates SHSE:688584 with a GF Score™ of 38/100. The stock has 5 warning signs investors should review. Among 1,033 Semiconductors companies, Wafer Works (Shanghai) Co ranks worse than 54.21% 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. Wafer Works (Shanghai) Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥57 Mil. Wafer Works (Shanghai) Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥4,872 Mil. Therefore, Wafer Works (Shanghai) Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 1.16%.
The historical rank and industry rank for Wafer Works (Shanghai) Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688584'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.89 Med: 5.45 Max: 10.19
Current: 2.58
During the past 9 years, Wafer Works (Shanghai) Co's highest Return-on-Tangible-Asset was 10.19%. The lowest was 1.89%. And the median was 5.45%.
SHSE:688584's Return-on-Tangible-Asset is ranked worse than 54.21% of 1033
companies
in the Semiconductors industry
Industry Median: 3.8
vs SHSE:688584: 2.58
Wafer Works (Shanghai) Co (SHSE:688584) 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.
Wafer Works (Shanghai) Co Return-on-Tangible-Asset Related Terms
Wafer Works (Shanghai) Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Wafer Works (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.
Wafer Works (Shanghai) Co Return-on-Tangible-Asset Chart
SHSE:688584 vs LRCX, AMAT, KLAC: Return-on-Tangible-Asset Comparison
For the Semiconductor Equipment & Materials subindustry, Wafer Works (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.
Wafer Works (Shanghai) Co Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Wafer Works (Shanghai) Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Wafer Works (Shanghai) 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 1.16% mean?
Wafer Works (Shanghai) Co (SHSE:688584) has a Return-on-Tangible-Asset of 1.16% 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 Wafer Works (Shanghai) Co and its competitors. This is 79% below median its historical median of 5.45. Over the past decade, Wafer Works (Shanghai) Co's Return-on-Tangible-Asset has ranged from 1.89 to 10.19. According to the industry distribution chart, Wafer Works (Shanghai) Co ranks #560 out of 1033 companies in the Semiconductors industry, placing it in the top 54.2%.
Is Wafer Works (Shanghai) Co's Return-on-Tangible-Asset too high?
Wafer Works (Shanghai) Co's current Return-on-Tangible-Asset of 1.16% is 79% below median its 10-year median of 5.45. Over the past 10 years, this metric has ranged from a low of 1.89 to a high of 10.19. The Semiconductors industry median Return-on-Tangible-Asset is 3.80. Wafer Works (Shanghai) Co's value of 1.16% is 69.5% below this industry median. Based on the distribution chart, Wafer Works (Shanghai) Co ranks #560 out of 1033 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Wafer Works (Shanghai) Co has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Wafer Works (Shanghai) Co's Return-on-Tangible-Asset compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, Wafer Works (Shanghai) Co ranks #560 out of 1033 companies for Return-on-Tangible-Asset. This places Wafer Works (Shanghai) Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.80. Wafer Works (Shanghai) Co's value of 1.16% is 69.5% below this benchmark. Historically, Wafer Works (Shanghai) Co's own Return-on-Tangible-Asset has ranged from 1.89 to 10.19 over the past decade. While the company's 10-year median is 5.45 vs. the industry median of 3.80, Wafer Works (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 3.80, based on 1,033 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. Wafer Works (Shanghai) Co's current Return-on-Tangible-Asset of 1.16% is 69.5% 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 Wafer Works (Shanghai) Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wafer Works (Shanghai) Co's current Return-on-Tangible-Asset is 1.16%, which is 79% below median its own 10-year median of 5.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wafer Works (Shanghai) Co stock overvalued right now?
Wafer Works (Shanghai) Co (SHSE:688584) has a current Return-on-Tangible-Asset of 1.16%. The current Return-on-Tangible-Asset is 1.16%, which is 79% below median its 10-year median of 5.45 and 69.5% below the Semiconductors industry median of 3.80. Wafer Works (Shanghai) Co's overall GF Score™ is 38/100 with 5 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 Wafer Works (Shanghai) Co (SHSE:688584), the current Return-on-Tangible-Asset is 1.16% 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.
Wafer Works (Shanghai) Co Ltd is engaged in the manufacturing of semiconductor silicon epitaxial wafers in China. Its main products are semiconductor silicon epitaxial wafers and is mainly used to prepare power devices and analog chips, and are widely used in automobiles, communications, electric power, industry, consumer electronics, high-end equipment, and other fields.
38GF Score
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