Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Insight Lifetech CoSHSE:688712 +1.47%32 Return-on-Tangible-Asset is 10.06% as of Jun. 2026. GuruFocus rates SHSE:688712 with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 851 Medical Devices & Instruments companies, Insight Lifetech Co ranks better than 80.61% 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. Insight Lifetech Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥189.0 Mil. Insight Lifetech Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥1,878.5 Mil. Therefore, Insight Lifetech Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 10.06%.
The historical rank and industry rank for Insight Lifetech Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688712'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -83.96 Med: -28.81 Max: 9.81
Current: 9.78
During the past 7 years, Insight Lifetech Co's highest Return-on-Tangible-Asset was 9.81%. The lowest was -83.96%. And the median was -28.81%.
SHSE:688712's Return-on-Tangible-Asset is ranked better than 80.61% of 851
companies
in the Medical Devices & Instruments industry
Industry Median: 0.96
vs SHSE:688712: 9.78
Insight Lifetech Co (SHSE:688712) 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.
Insight Lifetech Co Return-on-Tangible-Asset Related Terms
Insight Lifetech Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Insight Lifetech 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.
Insight Lifetech Co Return-on-Tangible-Asset Chart
SHSE:688712 vs ABT, SYK, MDT: Return-on-Tangible-Asset Comparison
For the Medical Devices subindustry, Insight Lifetech 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.
Insight Lifetech Co Return-on-Tangible-Asset vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Insight Lifetech Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Insight Lifetech 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 10.06% mean?
Insight Lifetech Co (SHSE:688712) has a Return-on-Tangible-Asset of 10.06% 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 Insight Lifetech Co and its competitors. According to the industry distribution chart, Insight Lifetech Co ranks #165 out of 851 companies in the Medical Devices & Instruments industry, placing it in the top 19.4%.
Is Insight Lifetech Co's Return-on-Tangible-Asset too high?
Insight Lifetech Co's current Return-on-Tangible-Asset is 10.06%. The Medical Devices & Instruments industry median Return-on-Tangible-Asset is 0.96. Insight Lifetech Co's value of 10.06% is 947.9% above this industry median. Based on the distribution chart, Insight Lifetech Co ranks #165 out of 851 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Insight Lifetech Co has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Insight Lifetech Co's Return-on-Tangible-Asset compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Insight Lifetech Co ranks #165 out of 851 companies for Return-on-Tangible-Asset. This places Insight Lifetech Co in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.96. Insight Lifetech Co's value of 10.06% is 947.9% above this benchmark. 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 Medical Devices & Instruments company?
The median Return-on-Tangible-Asset among Medical Devices & Instruments companies is 0.96, based on 851 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. Insight Lifetech Co's current Return-on-Tangible-Asset of 10.06% is 947.9% 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 Insight Lifetech Co and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Asset is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Insight Lifetech Co's current Return-on-Tangible-Asset is 10.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Insight Lifetech Co stock overvalued right now?
Insight Lifetech Co (SHSE:688712) has a current Return-on-Tangible-Asset of 10.06%. The current Return-on-Tangible-Asset is 10.06% and 947.9% above the Medical Devices & Instruments industry median of 0.96. Insight Lifetech Co's overall GF Score™ is 32/100 with 2 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 Insight Lifetech Co (SHSE:688712), the current Return-on-Tangible-Asset is 10.06% 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.
AddressMinzhi Street, Hongrongyuan North Station Center, Tower A 2102, North Station Community, Longhua District, Guangdong Province, Shenzhen, CHN, 518000
Insight Lifetech Co Ltd is a medtech company. It is engaged in the research and development, production, and sale of medical devices used in the diagnosis and treatment of cardiovascular diseases. The company's core products are the TruePhysio pressure microcatheter and VivoCardio FFR system.
32GF Score
Get the complete analysis for SHSE:688712
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688712 has been successfully added to your 
