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YZOFF's Return-on-Tangible-Asset is ranked worse than 55.24% of 2502
companies
in the Hardware industry
Industry Median: 2.445
vs YZOFF: 1.69
Yangtze Optical Fibre and Cable Joint Stock Co (OTCPK:YZOFF) 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.
Yangtze Optical Fibre and Cable Joint Stock Co Return-on-Tangible-Asset Related Terms
Yangtze Optical Fibre and Cable Joint Stock 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.
Yangtze Optical Fibre and Cable Joint Stock Co Return-on-Tangible-Asset Chart
Yangtze Optical Fibre and Cable Joint Stock Co Annual Data
YZOFF vs CSCO, CIEN, MSI: Return-on-Tangible-Asset Comparison
For the Communication Equipment subindustry, Yangtze Optical Fibre and Cable Joint Stock 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.
Yangtze Optical Fibre and Cable Joint Stock Co Return-on-Tangible-Asset vs Hardware Industry
* 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 4.21% mean?
Yangtze Optical Fibre and Cable Joint Stock Co (YZOFF) has a Return-on-Tangible-Asset of 4.21% 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 Yangtze Optical Fibre and Cable Joint Stock Co and its competitors. This is 15% below median its historical median of 4.96. Over the past decade, Yangtze Optical Fibre and Cable Joint Stock Co's Return-on-Tangible-Asset has ranged from 1.69 to 15.71. According to the industry distribution chart, Yangtze Optical Fibre and Cable Joint Stock Co ranks #1382 out of 2502 companies in the Hardware industry, placing it in the top 55.2%.
Is Yangtze Optical Fibre and Cable Joint Stock Co's Return-on-Tangible-Asset too high?
Yangtze Optical Fibre and Cable Joint Stock Co's current Return-on-Tangible-Asset of 4.21% is 15% below median its 10-year median of 4.96. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 15.71. The Hardware industry median Return-on-Tangible-Asset is 2.45. Yangtze Optical Fibre and Cable Joint Stock Co's value of 4.21% is 72.2% above this industry median. Based on the distribution chart, Yangtze Optical Fibre and Cable Joint Stock Co ranks #1382 out of 2502 companies in the Hardware industry, which is below the industry midpoint. Overall, Yangtze Optical Fibre and Cable Joint Stock Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yangtze Optical Fibre and Cable Joint Stock Co's Return-on-Tangible-Asset compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Yangtze Optical Fibre and Cable Joint Stock Co ranks #1382 out of 2502 companies for Return-on-Tangible-Asset. This places Yangtze Optical Fibre and Cable Joint Stock Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.45. Yangtze Optical Fibre and Cable Joint Stock Co's value of 4.21% is 72.2% above this benchmark. Historically, Yangtze Optical Fibre and Cable Joint Stock Co's own Return-on-Tangible-Asset has ranged from 1.69 to 15.71 over the past decade. While the company's 10-year median is 4.96 vs. the industry median of 2.45, Yangtze Optical Fibre and Cable Joint Stock 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 a Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.45, based on 2,502 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. Yangtze Optical Fibre and Cable Joint Stock Co's current Return-on-Tangible-Asset of 4.21% is 72.2% 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 Yangtze Optical Fibre and Cable Joint Stock Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yangtze Optical Fibre and Cable Joint Stock Co's current Return-on-Tangible-Asset is 4.21%, which is 15% below median its own 10-year median of 4.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yangtze Optical Fibre and Cable Joint Stock Co stock overvalued right now?
Based on GuruFocus' analysis, Yangtze Optical Fibre and Cable Joint Stock Co (YZOFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.51, compared to a current price of $22.76 — trading 548.4% above its estimated fair value. The current Return-on-Tangible-Asset is 4.21%, which is 15% below median its 10-year median of 4.96 and 72.2% above the Hardware industry median of 2.45. Yangtze Optical Fibre and Cable Joint Stock Co's overall GF Score™ is 75/100 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 Yangtze Optical Fibre and Cable Joint Stock Co (YZOFF), the current Return-on-Tangible-Asset is 4.21% 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 Yangtze Optical Fibre and Cable Joint Stock Co (YZOFF) Overvalued in 2026?
Based on GuruFocus' analysis, Yangtze Optical Fibre and Cable Joint Stock Co stock appears to be overvalued.
The current stock price of $22.76 is trading 548.4% above its estimated GF Value™ of $3.51.
GuruFocus considers Yangtze Optical Fibre and Cable Joint Stock Co to be Significantly Overvalued.
Key valuation signals for YZOFF:
Return-on-Tangible-Asset: 4.21% (15% below median its 10-year median of 4.96)
GF Value™: $3.51 vs. price of $22.76 (548.4% above fair value)
Industry Position: 72.2% above the Hardware median (#1382 of 2502)
No single metric tells the full story. See the YZOFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yangtze Optical Fibre and Cable Joint Stock Co Business Description
Yangtze Optical Fibre and Cable Joint Stock Ltd Co are principally engaged in the research, development, production and sale of optical fiber preforms, optical fibers, optical cables optical components and modules and related products. The company is the supplier of optical fibre preform, optical fibre, optical fibre cables and other relevant products in telecommunication industry. The group determines the two reporting segments, optical communication products segment and optical transmission components segment. The company generates majority of revenue from optical communication products segment. Its products include Cutting-Edge Product, Specialty Fibre, Raw Material, Submarine Cable, Communication Optical Fibre, Structured Cabling, Optical Transceiver, Coaxial Cable, etc.
75GF Score
Get the complete analysis for YZOFF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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