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BJSE:920186's Return-on-Tangible-Equity is ranked better than 93.84% of 991
companies
in the Semiconductors industry
Industry Median: 6.35
vs BJSE:920186: 45.07
Sky Technology Development Co Chinese Academy of Sciences (BJSE:920186) 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.
Sky Technology Development Co Chinese Academy of Sciences Return-on-Tangible-Equity Related Terms
Sky Technology Development Co Chinese Academy of Sciences Return-on-Tangible-Equity 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.
Sky Technology Development Co Chinese Academy of Sciences Return-on-Tangible-Equity Chart
Sky Technology Development Co Chinese Academy of Sciences Annual Data
BJSE:920186 vs AMAT, LRCX, KLAC: Return-on-Tangible-Equity Comparison
For the Semiconductor Equipment & Materials subindustry, Sky Technology Development Co Chinese Academy of Sciences'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.
Sky Technology Development Co Chinese Academy of Sciences Return-on-Tangible-Equity vs Semiconductors 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-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 27.36% mean?
Sky Technology Development Co Chinese Academy of Sciences (BJSE:920186) has a Return-on-Tangible-Equity of 27.36% 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 Sky Technology Development Co Chinese Academy of Sciences and its competitors. This is 196% above median its historical median of 9.25. According to the industry distribution chart, Sky Technology Development Co Chinese Academy of Sciences ranks #61 out of 991 companies in the Semiconductors industry, placing it in the top 6.2%.
Is Sky Technology Development Co Chinese Academy of Sciences' Return-on-Tangible-Equity too high?
Sky Technology Development Co Chinese Academy of Sciences' current Return-on-Tangible-Equity of 27.36% is 196% above median its 10-year median of 9.25. The Semiconductors industry median Return-on-Tangible-Equity is 6.35. Sky Technology Development Co Chinese Academy of Sciences' value of 27.36% is 330.9% above this industry median. Based on the distribution chart, Sky Technology Development Co Chinese Academy of Sciences ranks #61 out of 991 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Sky Technology Development Co Chinese Academy of Sciences has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Sky Technology Development Co Chinese Academy of Sciences' Return-on-Tangible-Equity compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Sky Technology Development Co Chinese Academy of Sciences ranks #61 out of 991 companies for Return-on-Tangible-Equity. This places Sky Technology Development Co Chinese Academy of Sciences in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.35. Sky Technology Development Co Chinese Academy of Sciences' value of 27.36% is 330.9% above this benchmark. While the company's 10-year median is 9.25 vs. the industry median of 6.35, Sky Technology Development Co Chinese Academy of Sciences 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 6.35, based on 991 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. Sky Technology Development Co Chinese Academy of Sciences's current Return-on-Tangible-Equity of 27.36% is 330.9% 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-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 Sky Technology Development Co Chinese Academy of Sciences and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 6.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sky Technology Development Co Chinese Academy of Sciences's current Return-on-Tangible-Equity is 27.36%, which is 196% above median its own 10-year median of 9.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sky Technology Development Co Chinese Academy of Sciences stock overvalued right now?
Sky Technology Development Co Chinese Academy of Sciences (BJSE:920186) has a current Return-on-Tangible-Equity of 27.36%. The current Return-on-Tangible-Equity is 27.36%, which is 196% above median its 10-year median of 9.25 and 330.9% above the Semiconductors industry median of 6.35. Sky Technology Development Co Chinese Academy of Sciences' overall GF Score™ is 38/100 with 3 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 Sky Technology Development Co Chinese Academy of Sciences (BJSE:920186), the current Return-on-Tangible-Equity is 27.36% 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.
Sky Technology Development Co Ltd Chinese Academy of Sciences is engaged in the research, development, production, and sales of dry vacuum pumps, vacuum scientific instruments, and related equipment, along with technical services. Its activities also include the development, manufacturing, sales, and repair of vacuum equipment, thin film processing equipment, material growth equipment, solar cell coating equipment, and clean vacuum equipment.
38GF Score
Get the complete analysis for BJSE:920186
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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