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Chengdu Jiachi Electronic Technology CoSHSE:688708 +1.57%48 Return-on-Tangible-Asset is 2.60% as of Mar. 2026, which is 89% below its 10-year median of 24.26. GuruFocus rates SHSE:688708 with a GF Score™ of 48/100. The stock has 7 warning signs investors should review. Among 1,618 Chemicals companies, Chengdu Jiachi Electronic Technology Co ranks better than 88.75% on this metric.
SHSE:688708'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 11.56 Med: 24.26 Max: 43.73
Current: 11.8
During the past 7 years, Chengdu Jiachi Electronic Technology Co's highest Return-on-Tangible-Asset was 43.73%. The lowest was 11.56%. And the median was 24.26%.
SHSE:688708's Return-on-Tangible-Asset is ranked better than 88.75% of 1618
companies
in the Chemicals industry
Industry Median: 3.62
vs SHSE:688708: 11.80
Chengdu Jiachi Electronic Technology Co (SHSE:688708) 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.
Chengdu Jiachi Electronic Technology Co Return-on-Tangible-Asset Related Terms
Chengdu Jiachi Electronic 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.
Chengdu Jiachi Electronic Technology Co Return-on-Tangible-Asset Chart
Chengdu Jiachi Electronic Technology Co Annual Data
SHSE:688708 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Chengdu Jiachi Electronic 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.
Chengdu Jiachi Electronic Technology Co Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Chengdu Jiachi Electronic Technology Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Chengdu Jiachi Electronic Technology 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 2.60% mean?
Chengdu Jiachi Electronic Technology Co (SHSE:688708) has a Return-on-Tangible-Asset of 2.60% 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 Chengdu Jiachi Electronic Technology Co and its competitors. This is 89% below median its historical median of 24.26. Over the past decade, Chengdu Jiachi Electronic Technology Co's Return-on-Tangible-Asset has ranged from 11.56 to 43.73. According to the industry distribution chart, Chengdu Jiachi Electronic Technology Co ranks #182 out of 1618 companies in the Chemicals industry, placing it in the top 11.2%.
Is Chengdu Jiachi Electronic Technology Co's Return-on-Tangible-Asset too high?
Chengdu Jiachi Electronic Technology Co's current Return-on-Tangible-Asset of 2.60% is 89% below median its 10-year median of 24.26. Over the past 10 years, this metric has ranged from a low of 11.56 to a high of 43.73. The Chemicals industry median Return-on-Tangible-Asset is 3.62. Chengdu Jiachi Electronic Technology Co's value of 2.60% is 28.2% below this industry median. Based on the distribution chart, Chengdu Jiachi Electronic Technology Co ranks #182 out of 1618 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Chengdu Jiachi Electronic Technology Co has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Chengdu Jiachi Electronic Technology Co's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Chengdu Jiachi Electronic Technology Co ranks #182 out of 1618 companies for Return-on-Tangible-Asset. This places Chengdu Jiachi Electronic Technology Co in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.62. Chengdu Jiachi Electronic Technology Co's value of 2.60% is 28.2% below this benchmark. Historically, Chengdu Jiachi Electronic Technology Co's own Return-on-Tangible-Asset has ranged from 11.56 to 43.73 over the past decade. While the company's 10-year median is 24.26 vs. the industry median of 3.62, Chengdu Jiachi Electronic 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 a Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.62, based on 1,618 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. Chengdu Jiachi Electronic Technology Co's current Return-on-Tangible-Asset of 2.60% is 28.2% 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 Chengdu Jiachi Electronic Technology Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chengdu Jiachi Electronic Technology Co's current Return-on-Tangible-Asset is 2.60%, which is 89% below median its own 10-year median of 24.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu Jiachi Electronic Technology Co stock overvalued right now?
Chengdu Jiachi Electronic Technology Co (SHSE:688708) has a current Return-on-Tangible-Asset of 2.60%. The current Return-on-Tangible-Asset is 2.60%, which is 89% below median its 10-year median of 24.26 and 28.2% below the Chemicals industry median of 3.62. Chengdu Jiachi Electronic Technology Co's overall GF Score™ is 48/100 with 7 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 Chengdu Jiachi Electronic Technology Co (SHSE:688708), the current Return-on-Tangible-Asset is 2.60% 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.
AddressNo. 288, West Section of Wenming Street, New Economic Industrial Park, South Area of ??Chengdu Modern Industrial Port, Pidu District, Sichuan Province, Chengdu, CHN, 611730
Chengdu Jiachi Electronic Technology Co Ltd is engaged in research and development, manufacturing, testing, sales and service of EMMS. It products include Absorbing patch, Wave absorbing, Functional coating, etc.
48GF Score
Get the complete analysis for SHSE:688708
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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