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Semight Instruments CoSHSE:688808 +4.09%9 Return-on-Tangible-Asset is 46.19% as of Jun. 2026, which is 2233% above its 10-year median of 1.98. GuruFocus rates SHSE:688808 with a GF Score™ of 9/100. The stock has 4 warning signs investors should review. Among 3,094 Industrial Products companies, Semight Instruments Co ranks better than 98.42% 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. Semight Instruments Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥1,795 Mil. Semight Instruments Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥0 Mil. Therefore, Semight Instruments Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 46.19%.
The historical rank and industry rank for Semight Instruments Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688808'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.2 Med: 1.98 Max: 24.53
Current: 24.53
During the past 3 years, Semight Instruments Co's highest Return-on-Tangible-Asset was 24.53%. The lowest was -8.20%. And the median was 1.98%.
SHSE:688808's Return-on-Tangible-Asset is ranked better than 98.42% of 3094
companies
in the Industrial Products industry
Industry Median: 3.345
vs SHSE:688808: 24.53
Semight Instruments Co (SHSE:688808) 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.
Semight Instruments Co Return-on-Tangible-Asset Related Terms
Semight Instruments Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Semight Instruments 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.
Semight Instruments Co Return-on-Tangible-Asset Chart
Semight Instruments Co Annual Data
Trend
Dec22
Dec23
Dec24
Return-on-Tangible-Asset
-7.32
-8.20
13.25
Semight Instruments Co Quarterly Data
Mar25
Jun25
Mar26
Jun26
Return-on-Tangible-Asset
-
-
20.74
46.19
SHSE:688808 vs VRT, BE: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Semight Instruments 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.
Semight Instruments Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Semight Instruments Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Semight Instruments 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 46.19% mean?
Semight Instruments Co (SHSE:688808) has a Return-on-Tangible-Asset of 46.19% 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 Semight Instruments Co and its competitors. This is 2233% above median its historical median of 1.98. According to the industry distribution chart, Semight Instruments Co ranks #49 out of 3094 companies in the Industrial Products industry, placing it in the top 1.6%.
Is Semight Instruments Co's Return-on-Tangible-Asset too high?
Semight Instruments Co's current Return-on-Tangible-Asset of 46.19% is 2233% above median its 10-year median of 1.98. The Industrial Products industry median Return-on-Tangible-Asset is 3.35. Semight Instruments Co's value of 46.19% is 1280.9% above this industry median. Based on the distribution chart, Semight Instruments Co ranks #49 out of 3094 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Semight Instruments Co has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Semight Instruments Co's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Semight Instruments Co ranks #49 out of 3094 companies for Return-on-Tangible-Asset. This places Semight Instruments Co in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.35. Semight Instruments Co's value of 46.19% is 1280.9% above this benchmark. While the company's 10-year median is 1.98 vs. the industry median of 3.35, Semight Instruments 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 3.35, based on 3,094 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. Semight Instruments Co's current Return-on-Tangible-Asset of 46.19% is 1280.9% 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 Semight Instruments Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Semight Instruments Co's current Return-on-Tangible-Asset is 46.19%, which is 2233% above median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Semight Instruments Co stock overvalued right now?
Semight Instruments Co (SHSE:688808) has a current Return-on-Tangible-Asset of 46.19%. The current Return-on-Tangible-Asset is 46.19%, which is 2233% above median its 10-year median of 1.98 and 1280.9% above the Industrial Products industry median of 3.35. Semight Instruments Co's overall GF Score™ is 9/100 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 Semight Instruments Co (SHSE:688808), the current Return-on-Tangible-Asset is 46.19% 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.
Semight Instruments Co Ltd is engaged in the research, development, manufacturing, sales and service of electronic measuring instruments and semiconductor testing equipment.
9GF Score
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