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The historical rank and industry rank for Chongqing Hong Xi Technology Co's Return-on-Tangible-Equity or its related term are showing as below:
BJSE:920857'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -17.87 Med: 16.43 Max: 32.66
Current: -17.87
During the past 11 years, Chongqing Hong Xi Technology Co's highest Return-on-Tangible-Equity was 32.66%. The lowest was -17.87%. And the median was 16.43%.
BJSE:920857's Return-on-Tangible-Equity is ranked worse than 87.22% of 2370
companies
in the Hardware industry
Industry Median: 6.335
vs BJSE:920857: -17.87
Chongqing Hong Xi Technology Co (BJSE:920857) 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.
Chongqing Hong Xi Technology Co Return-on-Tangible-Equity Related Terms
Chongqing Hong Xi Technology 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.
Chongqing Hong Xi Technology Co Return-on-Tangible-Equity Chart
BJSE:920857 vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Chongqing Hong Xi 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.
Chongqing Hong Xi Technology Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Chongqing Hong Xi Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Chongqing Hong Xi Technology 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 -22.74% mean?
Chongqing Hong Xi Technology Co (BJSE:920857) has a Return-on-Tangible-Equity of -22.74% 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 Chongqing Hong Xi Technology Co and its competitors. According to the industry distribution chart, Chongqing Hong Xi Technology Co ranks #2067 out of 2370 companies in the Hardware industry, placing it in the top 87.2%.
Is Chongqing Hong Xi Technology Co's Return-on-Tangible-Equity too high?
Chongqing Hong Xi Technology Co's current Return-on-Tangible-Equity is -22.74%. Based on the distribution chart, Chongqing Hong Xi Technology Co ranks #2067 out of 2370 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Chongqing Hong Xi Technology Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Hong Xi Technology Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Chongqing Hong Xi Technology Co ranks #2067 out of 2370 companies for Return-on-Tangible-Equity. This places Chongqing Hong Xi Technology Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.34. 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 6.34, based on 2,370 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 Chongqing Hong Xi Technology Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 6.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Hong Xi Technology Co's current Return-on-Tangible-Equity is -22.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Hong Xi Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Hong Xi Technology Co (BJSE:920857) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥15.27, compared to a current price of ¥21.13 — trading 38.4% above its estimated fair value. The current Return-on-Tangible-Equity is -22.74%. Chongqing Hong Xi Technology Co's overall GF Score™ is 58/100 with 3 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 Chongqing Hong Xi Technology Co (BJSE:920857), the current Return-on-Tangible-Equity is -22.74% 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 Chongqing Hong Xi Technology Co (BJSE:920857) Overvalued in 2026?
Based on GuruFocus' analysis, Chongqing Hong Xi Technology Co stock appears to be overvalued.
The current stock price of ¥21.13 is trading 38.4% above its estimated GF Value™ of ¥15.27.
GuruFocus considers Chongqing Hong Xi Technology Co to be Significantly Overvalued.
Key valuation signals for BJSE:920857:
Return-on-Tangible-Equity: -22.74%
GF Value™: ¥15.27 vs. price of ¥21.13 (38.4% above fair value)
No single metric tells the full story. See the BJSE:920857 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chongqing Hong Xi Technology Co Ltd engages in the design, research and development, production, and sales of high-precision electronic wire components and miniature electroacoustic devices. The company's products mainly include extremely fine coaxial lines, very fine Teflon lines, and electronic wire. The company's products are mainly used in notebook computers, communications, digital, and other products.
58GF Score
Get the complete analysis for BJSE:920857
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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