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Changzhou Tonghui Electronic CoBJSE:920509 97 Return-on-Tangible-Equity is 24.00% as of Jun. 2026, which is 20% above its 10-year median of 19.97. GuruFocus rates BJSE:920509 with a GF Score™ of 97/100 and a GF Value™ of ¥24.52 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,383 Hardware companies, Changzhou Tonghui Electronic Co ranks better than 86.15% on this metric.
The historical rank and industry rank for Changzhou Tonghui Electronic Co's Return-on-Tangible-Equity or its related term are showing as below:
BJSE:920509'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.34 Med: 19.97 Max: 32.91
Current: 21.4
During the past 13 years, Changzhou Tonghui Electronic Co's highest Return-on-Tangible-Equity was 32.91%. The lowest was 12.34%. And the median was 19.97%.
BJSE:920509's Return-on-Tangible-Equity is ranked better than 86.15% of 2383
companies
in the Hardware industry
Industry Median: 5.76
vs BJSE:920509: 21.40
Changzhou Tonghui Electronic Co (BJSE:920509) 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.
Changzhou Tonghui Electronic Co Return-on-Tangible-Equity Related Terms
Changzhou Tonghui Electronic Co 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.
Changzhou Tonghui Electronic Co Return-on-Tangible-Equity Chart
BJSE:920509 vs COHR, KEYS, GRMN: Return-on-Tangible-Equity Comparison
For the Scientific & Technical Instruments subindustry, Changzhou Tonghui Electronic 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.
Changzhou Tonghui Electronic Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Changzhou Tonghui Electronic Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Changzhou Tonghui Electronic Co's Return-on-Tangible-Equity 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-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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 24.00% mean?
Changzhou Tonghui Electronic Co (BJSE:920509) has a Return-on-Tangible-Equity of 24.00% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Changzhou Tonghui Electronic Co and its competitors. This is 20% above median its historical median of 19.97. Over the past decade, Changzhou Tonghui Electronic Co's Return-on-Tangible-Equity has ranged from 12.34 to 32.91. According to the industry distribution chart, Changzhou Tonghui Electronic Co ranks #330 out of 2383 companies in the Hardware industry, placing it in the top 13.8%.
Is Changzhou Tonghui Electronic Co's Return-on-Tangible-Equity too high?
Changzhou Tonghui Electronic Co's current Return-on-Tangible-Equity of 24.00% is 20% above median its 10-year median of 19.97. Over the past 10 years, this metric has ranged from a low of 12.34 to a high of 32.91. The Hardware industry median Return-on-Tangible-Equity is 5.76. Changzhou Tonghui Electronic Co's value of 24.00% is 316.7% above this industry median. Based on the distribution chart, Changzhou Tonghui Electronic Co ranks #330 out of 2383 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Changzhou Tonghui Electronic Co has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changzhou Tonghui Electronic Co's Return-on-Tangible-Equity compare to COHR and KEYS?
According to the Hardware industry distribution chart, Changzhou Tonghui Electronic Co ranks #330 out of 2383 companies for Return-on-Tangible-Equity. This places Changzhou Tonghui Electronic Co in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.76. Changzhou Tonghui Electronic Co's value of 24.00% is 316.7% above this benchmark. Historically, Changzhou Tonghui Electronic Co's own Return-on-Tangible-Equity has ranged from 12.34 to 32.91 over the past decade. While the company's 10-year median is 19.97 vs. the industry median of 5.76, Changzhou Tonghui Electronic 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 5.76, 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. Changzhou Tonghui Electronic Co's current Return-on-Tangible-Equity of 24.00% is 316.7% 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-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 Changzhou Tonghui Electronic Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changzhou Tonghui Electronic Co's current Return-on-Tangible-Equity is 24.00%, which is 20% above median its own 10-year median of 19.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changzhou Tonghui Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Changzhou Tonghui Electronic Co (BJSE:920509) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥24.52, compared to a current price of ¥20.15 — trading 17.8% below its estimated fair value. The current Return-on-Tangible-Equity is 24.00%, which is 20% above median its 10-year median of 19.97 and 316.7% above the Hardware industry median of 5.76. Changzhou Tonghui Electronic Co's overall GF Score™ is 97/100 with 1 warning sign 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 Changzhou Tonghui Electronic Co (BJSE:920509), the current Return-on-Tangible-Equity is 24.00% 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.
Is Changzhou Tonghui Electronic Co (BJSE:920509) Overvalued in 2026?
Based on GuruFocus' analysis, Changzhou Tonghui Electronic Co stock appears to be undervalued.
The current stock price of ¥20.15 is trading 17.8% below its estimated GF Value™ of ¥24.52.
GuruFocus considers Changzhou Tonghui Electronic Co to be Modestly Undervalued.
Key valuation signals for BJSE:920509:
Return-on-Tangible-Equity: 24.00% (20% above median its 10-year median of 19.97)
GF Value™: ¥24.52 vs. price of ¥20.15 (17.8% below fair value)
Industry Position: 316.7% above the Hardware median (#330 of 2383)
No single metric tells the full story. See the BJSE:920509 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changzhou Tonghui Electronic Co Ltd operates as a manufacturer of electronic test and measurement instruments. Its product categories include Component Parameter Tester, Micro Signal Type Tester, Power Electronic Tester, Electrical Safety Tester, Cable Tester, and Accessories.
97GF Score
Get the complete analysis for BJSE:920509
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