Shaanxi Tonly Heavy Industries Co (BJSE:920599) Return-on-Tangible-Equity: 20.94% (As of Mar. 2026) — 28% Below Median

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BJSE:920599 Shaanxi Tonly Heavy Industries Co Ltd BJSE:920599
88 GF Score
Price ¥16.85
GF Value ¥14.67
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Shaanxi Tonly Heavy Industries Co Return-on-Tangible-Equity?

Shaanxi Tonly Heavy Industries Co BJSE:920599 88 Return-on-Tangible-Equity is 20.94% as of Mar. 2026, which is 28% below its 10-year median of 28.90. GuruFocus rates BJSE:920599 with a GF Score™ of 88/100 and a GF Value™ of ¥14.67 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,977 Industrial Products companies, Shaanxi Tonly Heavy Industries Co ranks better than 88.71% 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. Shaanxi Tonly Heavy Industries Co's annualized net income for the quarter that ended in Mar. 2026 was ¥755 Mil. Shaanxi Tonly Heavy Industries Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥3,607 Mil. Therefore, Shaanxi Tonly Heavy Industries Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 20.94%.

The historical rank and industry rank for Shaanxi Tonly Heavy Industries Co's Return-on-Tangible-Equity or its related term are showing as below:

BJSE:920599' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.9   Med: 28.9   Max: 41.7
Current: 25.49

During the past 13 years, Shaanxi Tonly Heavy Industries Co's highest Return-on-Tangible-Equity was 41.70%. The lowest was 1.90%. And the median was 28.90%.

BJSE:920599's Return-on-Tangible-Equity is ranked better than
88.71% of 2977 companies
in the Industrial Products industry
Industry Median: 6.95 vs BJSE:920599: 25.49

Shaanxi Tonly Heavy Industries Co  (BJSE:920599) 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.


Shaanxi Tonly Heavy Industries Co Return-on-Tangible-Equity Related Terms


Shaanxi Tonly Heavy Industries Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Shaanxi Tonly Heavy Industries 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.

Shaanxi Tonly Heavy Industries Co Return-on-Tangible-Equity Chart

Shaanxi Tonly Heavy Industries 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 28.99 26.21 28.80 29.63 25.83

Shaanxi Tonly Heavy Industries 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 24.49 17.57 27.82 36.39 20.94

BJSE:920599 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison

For the Specialty Industrial Machinery subindustry, Shaanxi Tonly Heavy Industries 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.


Shaanxi Tonly Heavy Industries Co Return-on-Tangible-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shaanxi Tonly Heavy Industries Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Shaanxi Tonly Heavy Industries Co's Return-on-Tangible-Equity falls into.


BJSE:920599
88GF Score
Shaanxi Tonly Heavy Industries Co Ltd BJSE:920599
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shaanxi Tonly Heavy Industries Co Return-on-Tangible-Equity Calculation

Shaanxi Tonly Heavy Industries 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 )
=839.351/( (2997.365+3501.904 )/ 2 )
=839.351/3249.6345
=25.83 %

Shaanxi Tonly Heavy Industries 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 )
=755.34/( (3501.904+3711.328)/ 2 )
=755.34/3606.616
=20.94 %

* 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 20.94% mean?
Shaanxi Tonly Heavy Industries Co (BJSE:920599) has a Return-on-Tangible-Equity of 20.94% 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 Shaanxi Tonly Heavy Industries Co and its competitors. This is 28% below median its historical median of 28.90. Over the past decade, Shaanxi Tonly Heavy Industries Co's Return-on-Tangible-Equity has ranged from 1.90 to 41.70. According to the industry distribution chart, Shaanxi Tonly Heavy Industries Co ranks #336 out of 2977 companies in the Industrial Products industry, placing it in the top 11.3%.
Is Shaanxi Tonly Heavy Industries Co's Return-on-Tangible-Equity too high?
Shaanxi Tonly Heavy Industries Co's current Return-on-Tangible-Equity of 20.94% is 28% below median its 10-year median of 28.90. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 41.70. The Industrial Products industry median Return-on-Tangible-Equity is 6.95. Shaanxi Tonly Heavy Industries Co's value of 20.94% is 201.3% above this industry median. Based on the distribution chart, Shaanxi Tonly Heavy Industries Co ranks #336 out of 2977 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shaanxi Tonly Heavy Industries Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shaanxi Tonly Heavy Industries Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shaanxi Tonly Heavy Industries Co ranks #336 out of 2977 companies for Return-on-Tangible-Equity. This places Shaanxi Tonly Heavy Industries Co in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.95. Shaanxi Tonly Heavy Industries Co's value of 20.94% is 201.3% above this benchmark. Historically, Shaanxi Tonly Heavy Industries Co's own Return-on-Tangible-Equity has ranged from 1.90 to 41.70 over the past decade. While the company's 10-year median is 28.90 vs. the industry median of 6.95, Shaanxi Tonly Heavy Industries 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.95, based on 2,977 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. Shaanxi Tonly Heavy Industries Co's current Return-on-Tangible-Equity of 20.94% is 201.3% 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 Shaanxi Tonly Heavy Industries Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shaanxi Tonly Heavy Industries Co's current Return-on-Tangible-Equity is 20.94%, which is 28% below median its own 10-year median of 28.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shaanxi Tonly Heavy Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Shaanxi Tonly Heavy Industries Co (BJSE:920599) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥14.67, compared to a current price of ¥16.85 — trading 14.9% above its estimated fair value. The current Return-on-Tangible-Equity is 20.94%, which is 28% below median its 10-year median of 28.90 and 201.3% above the Industrial Products industry median of 6.95. Shaanxi Tonly Heavy Industries Co's overall GF Score™ is 88/100 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 Shaanxi Tonly Heavy Industries Co (BJSE:920599), the current Return-on-Tangible-Equity is 20.94% 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 Shaanxi Tonly Heavy Industries Co (BJSE:920599) Overvalued in 2026?

Based on GuruFocus' analysis, Shaanxi Tonly Heavy Industries Co stock appears to be overvalued. The current stock price of ¥16.85 is trading 14.9% above its estimated GF Value™ of ¥14.67. GuruFocus considers Shaanxi Tonly Heavy Industries Co to be Modestly Overvalued.

Key valuation signals for BJSE:920599:

  • Return-on-Tangible-Equity: 20.94% (28% below median its 10-year median of 28.90)
  • GF Value™: ¥14.67 vs. price of ¥16.85 (14.9% above fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 201.3% above the Industrial Products median (#336 of 2977)

No single metric tells the full story. See the BJSE:920599 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shaanxi Tonly Heavy Industries Co Business Description

Address No. 2339 Fengchan Road, Fengdong New Town, Shaanxi Province, Xi\'an City, CHN, 710086
Shaanxi Tonly Heavy Industries Co Ltd engages in the development, manufacture, sales, repair, leasing, and parts sales of heavy industrial machinery products and processing and assembly of incoming parts.
88GF Score

Get the complete analysis for BJSE:920599

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

¥16.85
Price
¥14.67
GF Value