Panzhihua BingYang Technology Co (BJSE:920675) Return-on-Tangible-Equity: 7.08% (As of Jun. 2026) — 44% Below Median

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BJSE:920675 Panzhihua BingYang Technology Co Ltd BJSE:920675
78 GF Score
Price ¥7.86
GF Value ¥7.58
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Panzhihua BingYang Technology Co Return-on-Tangible-Equity?

Panzhihua BingYang Technology Co BJSE:920675 78 Return-on-Tangible-Equity is 7.08% as of Jun. 2026, which is 44% below its 10-year median of 12.67. GuruFocus rates BJSE:920675 with a GF Score™ of 78/100 and a GF Value™ of ¥7.58 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,392 Metals & Mining companies, Panzhihua BingYang Technology Co ranks better than 76.51% 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. Panzhihua BingYang Technology Co's annualized net income for the quarter that ended in Jun. 2026 was ¥41.7 Mil. Panzhihua BingYang Technology Co's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ¥589.5 Mil. Therefore, Panzhihua BingYang Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 7.08%.

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

BJSE:920675' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.22   Med: 12.67   Max: 29
Current: 6.22

During the past 13 years, Panzhihua BingYang Technology Co's highest Return-on-Tangible-Equity was 29.00%. The lowest was 6.22%. And the median was 12.67%.

BJSE:920675's Return-on-Tangible-Equity is ranked better than
76.51% of 2392 companies
in the Metals & Mining industry
Industry Median: -16.235 vs BJSE:920675: 6.22

Panzhihua BingYang Technology Co  (BJSE:920675) 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.


Panzhihua BingYang Technology Co Return-on-Tangible-Equity Related Terms


Panzhihua BingYang Technology Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Panzhihua BingYang Technology 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.

Panzhihua BingYang Technology Co Return-on-Tangible-Equity Chart

Panzhihua BingYang Technology 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 12.65 12.00 12.69 8.84 8.09

Panzhihua BingYang Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 9.96 7.97 0.76 8.90 7.08

Panzhihua BingYang Technology Co Return-on-Tangible-Equity Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Panzhihua BingYang Technology 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.


Panzhihua BingYang Technology Co Return-on-Tangible-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Panzhihua BingYang Technology Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Panzhihua BingYang Technology Co's Return-on-Tangible-Equity falls into.


BJSE:920675
78GF Score
Panzhihua BingYang Technology Co Ltd BJSE:920675
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Panzhihua BingYang Technology Co Return-on-Tangible-Equity Calculation

Panzhihua BingYang Technology 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 )
=47.845/( (584.865+598.283 )/ 2 )
=47.845/591.574
=8.09 %

Panzhihua BingYang Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=41.748/( (596.245+582.817)/ 2 )
=41.748/589.531
=7.08 %

* 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 7.08% mean?
Panzhihua BingYang Technology Co (BJSE:920675) has a Return-on-Tangible-Equity of 7.08% 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 Panzhihua BingYang Technology Co and its competitors. This is 44% below median its historical median of 12.67. Over the past decade, Panzhihua BingYang Technology Co's Return-on-Tangible-Equity has ranged from 6.22 to 29.00. According to the industry distribution chart, Panzhihua BingYang Technology Co ranks #562 out of 2392 companies in the Metals & Mining industry, placing it in the top 23.5%.
Is Panzhihua BingYang Technology Co's Return-on-Tangible-Equity too high?
Panzhihua BingYang Technology Co's current Return-on-Tangible-Equity of 7.08% is 44% below median its 10-year median of 12.67. Over the past 10 years, this metric has ranged from a low of 6.22 to a high of 29.00. Based on the distribution chart, Panzhihua BingYang Technology Co ranks #562 out of 2392 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Panzhihua BingYang Technology Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Panzhihua BingYang Technology Co's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Panzhihua BingYang Technology Co ranks #562 out of 2392 companies for Return-on-Tangible-Equity. This places Panzhihua BingYang Technology Co in the top 24% of its industry — outperforming the majority of peers. Historically, Panzhihua BingYang Technology Co's own Return-on-Tangible-Equity has ranged from 6.22 to 29.00 over the past decade. 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 Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. 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 Panzhihua BingYang Technology Co and its competitors. Panzhihua BingYang Technology Co's current Return-on-Tangible-Equity is 7.08%, which is 44% below median its own 10-year median of 12.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panzhihua BingYang Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Panzhihua BingYang Technology Co (BJSE:920675) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.58, compared to a current price of ¥7.86 — trading 3.7% above its estimated fair value. The current Return-on-Tangible-Equity is 7.08%, which is 44% below median its 10-year median of 12.67. Panzhihua BingYang Technology Co's overall GF Score™ is 78/100 with 7 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 Panzhihua BingYang Technology Co (BJSE:920675), the current Return-on-Tangible-Equity is 7.08% 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 Panzhihua BingYang Technology Co (BJSE:920675) Overvalued in 2026?

Based on GuruFocus' analysis, Panzhihua BingYang Technology Co stock appears to be overvalued. The current stock price of ¥7.86 is trading 3.7% above its estimated GF Value™ of ¥7.58. GuruFocus considers Panzhihua BingYang Technology Co to be Fairly Valued.

Key valuation signals for BJSE:920675:

  • Return-on-Tangible-Equity: 7.08% (44% below median its 10-year median of 12.67)
  • GF Value™: ¥7.58 vs. price of ¥7.86 (3.7% above fair value)
  • GF Score™: 78/100 with 7 warning signs

No single metric tells the full story. See the BJSE:920675 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Panzhihua BingYang Technology Co Business Description

Address Vanadium and Titanium Industrial Park, Renhe District, Sichuan Province, Panzhihua, CHN, 617064
Panzhihua BingYang Technology Co Ltd is y is engaged in the research and development, production and sales of a series of fracturing proppants. Fracturing proppants mainly include ceramsite proppants, quartz sand proppants, etc. Fracturing proppants are mainly used for the extraction of oil and natural gas in shale layers. During deep well extraction of oil and natural gas, high closure pressure and low-permeability ore deposits are treated by fracturing, causing the oil and gas-bearing rock formations to crack, and oil and gas are collected from the channels formed by the cracks.
78GF Score

Get the complete analysis for BJSE:920675

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

¥7.86
Price
¥7.58
GF Value