Hi-Think Yondervision (Beijing) Tech Co (BJSE:920592) Return-on-Tangible-Equity: -8.75% (As of Mar. 2026)

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BJSE:920592 Hi-Think Yondervision (Beijing) Tech Co Ltd BJSE:920592
78 GF Score
Price ¥21.70
GF Value ¥30.74
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Hi-Think Yondervision (Beijing) Tech Co Return-on-Tangible-Equity?

Hi-Think Yondervision (Beijing) Tech Co BJSE:920592 78 Return-on-Tangible-Equity is -8.75% as of Mar. 2026. GuruFocus rates BJSE:920592 with a GF Score™ of 78/100 and a GF Value™ of ¥30.74 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,483 Software companies, Hi-Think Yondervision (Beijing) Tech Co ranks worse than 76.92% 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. Hi-Think Yondervision (Beijing) Tech Co's annualized net income for the quarter that ended in Mar. 2026 was ¥-28.9 Mil. Hi-Think Yondervision (Beijing) Tech Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥330.6 Mil. Therefore, Hi-Think Yondervision (Beijing) Tech Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -8.75%.

The historical rank and industry rank for Hi-Think Yondervision (Beijing) Tech Co's Return-on-Tangible-Equity or its related term are showing as below:

BJSE:920592' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13   Med: 11.82   Max: 28.21
Current: -11.13

During the past 13 years, Hi-Think Yondervision (Beijing) Tech Co's highest Return-on-Tangible-Equity was 28.21%. The lowest was -13.00%. And the median was 11.82%.

BJSE:920592's Return-on-Tangible-Equity is ranked worse than
76.92% of 2483 companies
in the Software industry
Industry Median: 9.65 vs BJSE:920592: -11.13

Hi-Think Yondervision (Beijing) Tech Co  (BJSE:920592) 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.


Hi-Think Yondervision (Beijing) Tech Co Return-on-Tangible-Equity Related Terms


Hi-Think Yondervision (Beijing) Tech Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Hi-Think Yondervision (Beijing) Tech 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.

Hi-Think Yondervision (Beijing) Tech Co Return-on-Tangible-Equity Chart

Hi-Think Yondervision (Beijing) Tech Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.20 15.33 2.43 3.17 -10.82

Hi-Think Yondervision (Beijing) Tech Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 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 -8.10 -17.66 -11.01 -6.75 -8.75

BJSE:920592 vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison

For the Information Technology Services subindustry, Hi-Think Yondervision (Beijing) Tech 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.


Hi-Think Yondervision (Beijing) Tech Co Return-on-Tangible-Equity vs Software Industry

For the Software industry and Technology sector, Hi-Think Yondervision (Beijing) Tech Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Hi-Think Yondervision (Beijing) Tech Co's Return-on-Tangible-Equity falls into.


BJSE:920592
78GF Score
Hi-Think Yondervision (Beijing) Tech Co Ltd BJSE:920592
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hi-Think Yondervision (Beijing) Tech Co Return-on-Tangible-Equity Calculation

Hi-Think Yondervision (Beijing) Tech 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 )
=-38.867/( (383.76+334.674 )/ 2 )
=-38.867/359.217
=-10.82 %

Hi-Think Yondervision (Beijing) Tech 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 )
=-28.944/( (334.674+326.558)/ 2 )
=-28.944/330.616
=-8.75 %

* 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 -8.75% mean?
Hi-Think Yondervision (Beijing) Tech Co (BJSE:920592) has a Return-on-Tangible-Equity of -8.75% 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 Hi-Think Yondervision (Beijing) Tech Co and its competitors. According to the industry distribution chart, Hi-Think Yondervision (Beijing) Tech Co ranks #1910 out of 2483 companies in the Software industry, placing it in the top 76.9%.
Is Hi-Think Yondervision (Beijing) Tech Co's Return-on-Tangible-Equity too high?
Hi-Think Yondervision (Beijing) Tech Co's current Return-on-Tangible-Equity is -8.75%. Based on the distribution chart, Hi-Think Yondervision (Beijing) Tech Co ranks #1910 out of 2483 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Hi-Think Yondervision (Beijing) Tech Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hi-Think Yondervision (Beijing) Tech Co's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Hi-Think Yondervision (Beijing) Tech Co ranks #1910 out of 2483 companies for Return-on-Tangible-Equity. This places Hi-Think Yondervision (Beijing) Tech Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.65. 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 9.65, based on 2,483 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. 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 Hi-Think Yondervision (Beijing) Tech Co and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 9.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hi-Think Yondervision (Beijing) Tech Co's current Return-on-Tangible-Equity is -8.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi-Think Yondervision (Beijing) Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Hi-Think Yondervision (Beijing) Tech Co (BJSE:920592) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥30.74, compared to a current price of ¥21.70 — trading 29.4% below its estimated fair value. The current Return-on-Tangible-Equity is -8.75%. Hi-Think Yondervision (Beijing) Tech Co's overall GF Score™ is 78/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Hi-Think Yondervision (Beijing) Tech Co (BJSE:920592), the current Return-on-Tangible-Equity is -8.75% 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.

Is Hi-Think Yondervision (Beijing) Tech Co (BJSE:920592) Overvalued in 2026?

Based on GuruFocus' analysis, Hi-Think Yondervision (Beijing) Tech Co stock appears to be undervalued. The current stock price of ¥21.70 is trading 29.4% below its estimated GF Value™ of ¥30.74. GuruFocus considers Hi-Think Yondervision (Beijing) Tech Co to be Modestly Undervalued.

Key valuation signals for BJSE:920592:

  • Return-on-Tangible-Equity: -8.75%
  • GF Value™: ¥30.74 vs. price of ¥21.70 (29.4% below fair value)
  • GF Score™: 78/100 with 4 warning signs

No single metric tells the full story. See the BJSE:920592 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hi-Think Yondervision (Beijing) Tech Co Business Description

Address No. 18, North Taipingzhuang Road, Floor 12, Building A, Chengjian Building, Haidian, Beijing, CHN, 100088
Hi-Think Yondervision (Beijing) Tech Co Ltd is a provider of digital solutions for housing provident funds and banking And service operators, providing housing provident fund management agencies and banks across the country with information system-related software customization development, maintenance services, third-party product sales and integration, outsourcing services and other services across multiple scenarios. At present, the company's business mainly includes five sectors: digital provident fund, digital port, digital financial services, service outsourcing, and data intelligence services. It has always focused on the field of housing finance, providing high-quality software products and digital services for housing provident fund management institutions across the country.
78GF Score

Get the complete analysis for BJSE:920592

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

¥21.70
Price
¥30.74
GF Value