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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. Bescient Technologies Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥-68.6 Mil. Bescient Technologies Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥1,295.8 Mil. Therefore, Bescient Technologies Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -5.29%.
The historical rank and industry rank for Bescient Technologies Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688671'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.96 Med: 6.44 Max: 9.29
Current: -6.96
During the past 7 years, Bescient Technologies Co's highest Return-on-Tangible-Asset was 9.29%. The lowest was -6.96%. And the median was 6.44%.
SHSE:688671's Return-on-Tangible-Asset is ranked worse than 86.9% of 3076
companies
in the Industrial Products industry
Industry Median: 3.335
vs SHSE:688671: -6.96
Bescient Technologies Co (SHSE:688671) 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.
Bescient Technologies Co Return-on-Tangible-Asset Related Terms
Bescient Technologies Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Bescient Technologies 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.
Bescient Technologies Co Return-on-Tangible-Asset Chart
SHSE:688671 vs VLTO, ZWS, CECO: Return-on-Tangible-Asset Comparison
For the Pollution & Treatment Controls subindustry, Bescient Technologies 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.
Bescient Technologies Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Bescient Technologies Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bescient Technologies 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 -5.29% mean?
Bescient Technologies Co (SHSE:688671) has a Return-on-Tangible-Asset of -5.29% 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 Bescient Technologies Co and its competitors. According to the industry distribution chart, Bescient Technologies Co ranks #2673 out of 3076 companies in the Industrial Products industry, placing it in the top 86.9%.
Is Bescient Technologies Co's Return-on-Tangible-Asset too high?
Bescient Technologies Co's current Return-on-Tangible-Asset is -5.29%. Based on the distribution chart, Bescient Technologies Co ranks #2673 out of 3076 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Bescient Technologies Co has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bescient Technologies Co's Return-on-Tangible-Asset compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Bescient Technologies Co ranks #2673 out of 3076 companies for Return-on-Tangible-Asset. This places Bescient Technologies Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.34. 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 3,076 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 Bescient Technologies 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. Bescient Technologies Co's current Return-on-Tangible-Asset is -5.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bescient Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Bescient Technologies Co (SHSE:688671) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥19.14, compared to a current price of ¥24.39 — trading 27.4% above its estimated fair value. The current Return-on-Tangible-Asset is -5.29%. Bescient Technologies Co's overall GF Score™ is 71/100 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 Bescient Technologies Co (SHSE:688671), the current Return-on-Tangible-Asset is -5.29% 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 Bescient Technologies Co (SHSE:688671) Overvalued in 2026?
Based on GuruFocus' analysis, Bescient Technologies Co stock appears to be overvalued.
The current stock price of ¥24.39 is trading 27.4% above its estimated GF Value™ of ¥19.14.
GuruFocus considers Bescient Technologies Co to be Modestly Overvalued.
Key valuation signals for SHSE:688671:
Return-on-Tangible-Asset: -5.29%
GF Value™: ¥19.14 vs. price of ¥24.39 (27.4% above fair value)
No single metric tells the full story. See the SHSE:688671 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bescient Technologies Co Ltd is a national high-tech backbone enterprise engaged in the development of environmental automatic monitoring. It has always focused on the independent research and development of scientific instruments and big data and is committed to building multi-industry intelligent applications and services that perceive and interconnect all things, and provide strong technical support for the construction of the national ecological environment, water conservancy and public safety. Its main business involves research and development, production and technical services in the fields of intelligent environmental monitoring equipment, environmental monitoring Internet of Things and ecological environment big data, smart water affairs, digital agriculture, and public security.
71GF Score
Get the complete analysis for SHSE:688671
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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