Harbin Electric Co (STU:HP6H) Return-on-Tangible-Asset: 4.13% (As of Dec. 2025) — 1552% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

STU:HP6H Harbin Electric Co Ltd STU:HP6H
64 GF Score
Price €1.71
GF Value €0.53
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Harbin Electric Co Return-on-Tangible-Asset?

Harbin Electric Co STU:HP6H -4.47% 64 Return-on-Tangible-Asset is 4.13% as of Dec. 2025, which is 1552% above its 10-year median of 0.25. GuruFocus rates STU:HP6H with a GF Score™ of 64/100 and a GF Value™ of €0.53 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,084 Industrial Products companies, Harbin Electric Co ranks better than 51.69% 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. Harbin Electric Co's annualized Net Income for the quarter that ended in Dec. 2025 was €392 Mil. Harbin Electric Co's average total tangible assets for the quarter that ended in Dec. 2025 was €9,482 Mil. Therefore, Harbin Electric Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 4.13%.

The historical rank and industry rank for Harbin Electric Co's Return-on-Tangible-Asset or its related term are showing as below:

STU:HP6H' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.23   Med: 0.25   Max: 3.66
Current: 3.55

During the past 13 years, Harbin Electric Co's highest Return-on-Tangible-Asset was 3.66%. The lowest was -7.23%. And the median was 0.25%.

STU:HP6H's Return-on-Tangible-Asset is ranked better than
51.69% of 3084 companies
in the Industrial Products industry
Industry Median: 3.34 vs STU:HP6H: 3.55

Harbin Electric Co  (STU:HP6H) 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 company’s 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 company’s 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.


Harbin Electric Co Return-on-Tangible-Asset Related Terms


Harbin Electric Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Harbin Electric 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.

Harbin Electric Co Return-on-Tangible-Asset Chart

Harbin Electric Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.46 0.16 0.85 2.42 3.46

Harbin Electric Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.41 1.47 3.29 2.69 4.13

STU:HP6H vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison

For the Specialty Industrial Machinery subindustry, Harbin Electric 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.


Harbin Electric Co Return-on-Tangible-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harbin Electric Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Harbin Electric Co's Return-on-Tangible-Asset falls into.


STU:HP6H
64GF Score
Harbin Electric Co Ltd STU:HP6H
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harbin Electric Co Return-on-Tangible-Asset Calculation

Harbin Electric Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=323.234/( (9280.087+9378.262)/ 2 )
=323.234/9329.1745
=3.46 %

Harbin Electric Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=391.624/( (9586.527+9378.262)/ 2 )
=391.624/9482.3945
=4.13 %

* 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 two times the semi-annual (Dec. 2025) net income data.

What does a Return-on-Tangible-Asset of 4.13% mean?
Harbin Electric Co (STU:HP6H) has a Return-on-Tangible-Asset of 4.13% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Harbin Electric Co and its competitors. This is 1552% above median its historical median of 0.25. According to the industry distribution chart, Harbin Electric Co ranks #1490 out of 3084 companies in the Industrial Products industry, placing it in the top 48.3%.
Is Harbin Electric Co's Return-on-Tangible-Asset too high?
Harbin Electric Co's current Return-on-Tangible-Asset of 4.13% is 1552% above median its 10-year median of 0.25. The Industrial Products industry median Return-on-Tangible-Asset is 3.34. Harbin Electric Co's value of 4.13% is 23.7% above this industry median. Based on the distribution chart, Harbin Electric Co ranks #1490 out of 3084 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Harbin Electric Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harbin Electric Co's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Harbin Electric Co ranks #1490 out of 3084 companies for Return-on-Tangible-Asset. This puts Harbin Electric Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.34. Harbin Electric Co's value of 4.13% is 23.7% above this benchmark. While the company's 10-year median is 0.25 vs. the industry median of 3.34, Harbin Electric 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 3.34, based on 3,084 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. Harbin Electric Co's current Return-on-Tangible-Asset of 4.13% is 23.7% 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 Harbin Electric 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. Harbin Electric Co's current Return-on-Tangible-Asset is 4.13%, which is 1552% above median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbin Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Harbin Electric Co (STU:HP6H) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.53, compared to a current price of €1.71 — trading 222.6% above its estimated fair value. The current Return-on-Tangible-Asset is 4.13%, which is 1552% above median its 10-year median of 0.25 and 23.7% above the Industrial Products industry median of 3.34. Harbin Electric Co's overall GF Score™ is 64/100 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 Harbin Electric Co (STU:HP6H), the current Return-on-Tangible-Asset is 4.13% as of Dec. 2025. 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 Harbin Electric Co (STU:HP6H) Overvalued in 2026?

Based on GuruFocus' analysis, Harbin Electric Co stock appears to be overvalued. The current stock price of €1.71 is trading 222.6% above its estimated GF Value™ of €0.53. GuruFocus considers Harbin Electric Co to be Significantly Overvalued.

Key valuation signals for STU:HP6H:

  • Return-on-Tangible-Asset: 4.13% (1552% above median its 10-year median of 0.25)
  • GF Value™: €0.53 vs. price of €1.71 (222.6% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 23.7% above the Industrial Products median (#1490 of 3084)

No single metric tells the full story. See the STU:HP6H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harbin Electric Co Business Description

Other Exchanges 01133:Hong Kong
Address 1399 Chuangxinyi Road, Songbei District, Heilongjiang Province, Harbin, CHN, 150028
Harbin Electric Co Ltd is a manufacturer of power plant equipment. The company's main business segments are: large-scale thermal power, hydropower, nuclear power and their auxiliary equipment manufacturing, power station project turnkey projects, ship power units and electrical drive devices and other product development, design and manufacturing. The Company classifies its core business into a business system comprising three segments: New-type power systems, clean and efficient industrial systems, and green and low-carbon driving systems. The company earns majority revenue from New-type power systems segment.
64GF Score

Get the complete analysis for STU:HP6H

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.71
Price
€0.53
GF Value