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Shandong Wantong Hydraulic CoBJSE:920839 90 Return-on-Tangible-Equity is 21.72% as of Jun. 2026, which is 8% above its 10-year median of 20.04. GuruFocus rates BJSE:920839 with a GF Score™ of 90/100 and a GF Value™ of ¥25.41 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,982 Industrial Products companies, Shandong Wantong Hydraulic Co ranks better than 82.7% 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. Shandong Wantong Hydraulic Co's annualized net income for the quarter that ended in Jun. 2026 was ¥142.0 Mil. Shandong Wantong Hydraulic Co's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ¥653.6 Mil. Therefore, Shandong Wantong Hydraulic Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 21.72%.
The historical rank and industry rank for Shandong Wantong Hydraulic Co's Return-on-Tangible-Equity or its related term are showing as below:
BJSE:920839'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.75 Med: 20.04 Max: 25.25
Current: 19.14
During the past 13 years, Shandong Wantong Hydraulic Co's highest Return-on-Tangible-Equity was 25.25%. The lowest was -8.75%. And the median was 20.04%.
BJSE:920839's Return-on-Tangible-Equity is ranked better than 82.7% of 2982
companies
in the Industrial Products industry
Industry Median: 7.01
vs BJSE:920839: 19.14
Shandong Wantong Hydraulic Co (BJSE:920839) 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.
Shandong Wantong Hydraulic Co Return-on-Tangible-Equity Related Terms
Shandong Wantong Hydraulic 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.
Shandong Wantong Hydraulic Co Return-on-Tangible-Equity Chart
BJSE:920839 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Shandong Wantong Hydraulic 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.
Shandong Wantong Hydraulic Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shandong Wantong Hydraulic Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shandong Wantong Hydraulic 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 21.72% mean?
Shandong Wantong Hydraulic Co (BJSE:920839) has a Return-on-Tangible-Equity of 21.72% 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 Shandong Wantong Hydraulic Co and its competitors. This is near median its historical median of 20.04. According to the industry distribution chart, Shandong Wantong Hydraulic Co ranks #516 out of 2982 companies in the Industrial Products industry, placing it in the top 17.3%.
Is Shandong Wantong Hydraulic Co's Return-on-Tangible-Equity too high?
Shandong Wantong Hydraulic Co's current Return-on-Tangible-Equity of 21.72% is near median its 10-year median of 20.04. The Industrial Products industry median Return-on-Tangible-Equity is 7.01. Shandong Wantong Hydraulic Co's value of 21.72% is 209.8% above this industry median. Based on the distribution chart, Shandong Wantong Hydraulic Co ranks #516 out of 2982 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shandong Wantong Hydraulic Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shandong Wantong Hydraulic Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shandong Wantong Hydraulic Co ranks #516 out of 2982 companies for Return-on-Tangible-Equity. This places Shandong Wantong Hydraulic Co in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.01. Shandong Wantong Hydraulic Co's value of 21.72% is 209.8% above this benchmark. While the company's 10-year median is 20.04 vs. the industry median of 7.01, Shandong Wantong Hydraulic 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 7.01, based on 2,982 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. Shandong Wantong Hydraulic Co's current Return-on-Tangible-Equity of 21.72% is 209.8% 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 Shandong Wantong Hydraulic Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 7.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Wantong Hydraulic Co's current Return-on-Tangible-Equity is 21.72%, which is near median its own 10-year median of 20.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Wantong Hydraulic Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Wantong Hydraulic Co (BJSE:920839) is currently considered Fairly Valued. The stock's GF Value™ is ¥25.41, compared to a current price of ¥25.57 — trading 0.6% above its estimated fair value. The current Return-on-Tangible-Equity is 21.72%, which is near median its 10-year median of 20.04 and 209.8% above the Industrial Products industry median of 7.01. Shandong Wantong Hydraulic Co's overall GF Score™ is 90/100 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 Shandong Wantong Hydraulic Co (BJSE:920839), the current Return-on-Tangible-Equity is 21.72% 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 Shandong Wantong Hydraulic Co (BJSE:920839) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Wantong Hydraulic Co stock appears to be overvalued.
The current stock price of ¥25.57 is trading 0.6% above its estimated GF Value™ of ¥25.41.
GuruFocus considers Shandong Wantong Hydraulic Co to be Fairly Valued.
Key valuation signals for BJSE:920839:
Return-on-Tangible-Equity: 21.72% (near median its 10-year median of 20.04)
GF Value™: ¥25.41 vs. price of ¥25.57 (0.6% above fair value)
Industry Position: 209.8% above the Industrial Products median (#516 of 2982)
No single metric tells the full story. See the BJSE:920839 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Wantong Hydraulic Co Ltd engages in research and development, manufacturing, and sales of hydraulic cylinders, mainly producing automobile hydraulic cylinders and mining hydraulic cylinders. Its product offerings comprise Piston cylinders, Telescopic cylinders, Tie rod cylinders, Side tipper cylinders, Excavator hydraulic cylinders, and Suspension cylinders.
90GF Score
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