Hifiman Kunshan Technology Group Co (BJSE:920183) Return-on-Tangible-Equity: 20.59% (As of Mar. 2026) — 56% Below Median

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BJSE:920183 Hifiman Kunshan Technology Group Co Ltd BJSE:920183
20 GF Score
Price ¥28.25
! 2 Warning Signs
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What is Hifiman Kunshan Technology Group Co Return-on-Tangible-Equity?

Hifiman Kunshan Technology Group Co BJSE:920183 20 Return-on-Tangible-Equity is 20.59% as of Mar. 2026, which is 56% below its 10-year median of 47.21. GuruFocus rates BJSE:920183 with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 2,383 Hardware companies, Hifiman Kunshan Technology Group Co ranks better than 88.63% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Hifiman Kunshan Technology Group Co's annualized net income for the quarter that ended in Mar. 2026 was ¥75.2 Mil. Hifiman Kunshan Technology Group Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥365.2 Mil. Therefore, Hifiman Kunshan Technology Group Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 20.59%.

The historical rank and industry rank for Hifiman Kunshan Technology Group Co's Return-on-Tangible-Equity or its related term are showing as below:

BJSE:920183' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 24.56   Med: 47.21   Max: 51.95
Current: 24.56

During the past 5 years, Hifiman Kunshan Technology Group Co's highest Return-on-Tangible-Equity was 51.95%. The lowest was 24.56%. And the median was 47.21%.

BJSE:920183's Return-on-Tangible-Equity is ranked better than
88.63% of 2383 companies
in the Hardware industry
Industry Median: 6 vs BJSE:920183: 24.56

Hifiman Kunshan Technology Group Co  (BJSE:920183) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Hifiman Kunshan Technology Group Co Return-on-Tangible-Equity Related Terms


Hifiman Kunshan Technology Group Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Hifiman Kunshan Technology Group Co's Return-on-Tangible-Equity 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.

Hifiman Kunshan Technology Group Co Return-on-Tangible-Equity Chart

Hifiman Kunshan Technology Group Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
51.95 47.21 49.04 40.14 32.53

Hifiman Kunshan Technology Group Co Quarterly Data
Dec21 Dec22 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 39.12 27.91 25.68 37.12 20.59

BJSE:920183 vs AAPL: Return-on-Tangible-Equity Comparison

For the Consumer Electronics subindustry, Hifiman Kunshan Technology Group Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Hifiman Kunshan Technology Group Co Return-on-Tangible-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Hifiman Kunshan Technology Group Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Hifiman Kunshan Technology Group Co's Return-on-Tangible-Equity falls into.


BJSE:920183
20GF Score
Hifiman Kunshan Technology Group Co Ltd BJSE:920183
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Hifiman Kunshan Technology Group Co Return-on-Tangible-Equity Calculation

Hifiman Kunshan Technology Group Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=74.821/( (192.564+267.475 )/ 2 )
=74.821/230.0195
=32.53 %

Hifiman Kunshan Technology Group Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=75.208/( (267.475+463.018)/ 2 )
=75.208/365.2465
=20.59 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 20.59% mean?
Hifiman Kunshan Technology Group Co (BJSE:920183) has a Return-on-Tangible-Equity of 20.59% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hifiman Kunshan Technology Group Co and its competitors. This is 56% below median its historical median of 47.21. Over the past decade, Hifiman Kunshan Technology Group Co's Return-on-Tangible-Equity has ranged from 24.56 to 51.95. According to the industry distribution chart, Hifiman Kunshan Technology Group Co ranks #271 out of 2383 companies in the Hardware industry, placing it in the top 11.4%.
Is Hifiman Kunshan Technology Group Co's Return-on-Tangible-Equity too high?
Hifiman Kunshan Technology Group Co's current Return-on-Tangible-Equity of 20.59% is 56% below median its 10-year median of 47.21. Over the past 10 years, this metric has ranged from a low of 24.56 to a high of 51.95. The Hardware industry median Return-on-Tangible-Equity is 6.00. Hifiman Kunshan Technology Group Co's value of 20.59% is 243.2% above this industry median. Based on the distribution chart, Hifiman Kunshan Technology Group Co ranks #271 out of 2383 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Hifiman Kunshan Technology Group Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Hifiman Kunshan Technology Group Co's Return-on-Tangible-Equity compare to AAPL?
According to the Hardware industry distribution chart, Hifiman Kunshan Technology Group Co ranks #271 out of 2383 companies for Return-on-Tangible-Equity. This places Hifiman Kunshan Technology Group Co in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.00. Hifiman Kunshan Technology Group Co's value of 20.59% is 243.2% above this benchmark. Historically, Hifiman Kunshan Technology Group Co's own Return-on-Tangible-Equity has ranged from 24.56 to 51.95 over the past decade. While the company's 10-year median is 47.21 vs. the industry median of 6.00, Hifiman Kunshan Technology Group 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-Equity for a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 6.00, based on 2,383 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hifiman Kunshan Technology Group Co's current Return-on-Tangible-Equity of 20.59% is 243.2% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hifiman Kunshan Technology Group Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hifiman Kunshan Technology Group Co's current Return-on-Tangible-Equity is 20.59%, which is 56% below median its own 10-year median of 47.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hifiman Kunshan Technology Group Co stock overvalued right now?
Hifiman Kunshan Technology Group Co (BJSE:920183) has a current Return-on-Tangible-Equity of 20.59%. The current Return-on-Tangible-Equity is 20.59%, which is 56% below median its 10-year median of 47.21 and 243.2% above the Hardware industry median of 6.00. Hifiman Kunshan Technology Group Co's overall GF Score™ is 20/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Hifiman Kunshan Technology Group Co (BJSE:920183), the current Return-on-Tangible-Equity is 20.59% 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.

Hifiman Kunshan Technology Group Co Business Description

Address No. 2001, Yingbin West Road, Bacheng Town, Jiangsu Province, Kunshan, CHN, 215300
Hifiman Kunshan Technology Group Co Ltd is engaged in the design, research and development, production, and sales of audio equipment and related electronic products under its 'HIFIMAN' brand. Its activities include research and development of consumer electronics and audio products, manufacturing and sale of audio equipment and electronic components, software development and sales, technical services and consulting, and the import and export of goods and technologies. The company's offerings include Headphones, Portable Players, Earphones and Amplifiers.
20GF Score

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

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