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Heatking Induction Technology (Shiyan) CoBJSE:920870 75 Return-on-Tangible-Equity is 4.04% as of Jun. 2026, which is 81% below its 10-year median of 20.97. GuruFocus rates BJSE:920870 with a GF Score™ of 75/100 and a GF Value™ of ¥15.02 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,982 Industrial Products companies, Heatking Induction Technology (Shiyan) Co ranks worse than 60.36% on this metric.
BJSE:920870'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.67 Med: 20.97 Max: 50.45
Current: 4.37
During the past 12 years, Heatking Induction Technology (Shiyan) Co's highest Return-on-Tangible-Equity was 50.45%. The lowest was 3.67%. And the median was 20.97%.
BJSE:920870's Return-on-Tangible-Equity is ranked worse than 60.36% of 2982
companies
in the Industrial Products industry
Industry Median: 7.01
vs BJSE:920870: 4.37
Heatking Induction Technology (Shiyan) Co (BJSE:920870) 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.
Heatking Induction Technology (Shiyan) Co Return-on-Tangible-Equity Related Terms
Heatking Induction Technology (Shiyan) 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.
Heatking Induction Technology (Shiyan) Co Return-on-Tangible-Equity Chart
Heatking Induction Technology (Shiyan) Co Annual Data
BJSE:920870 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Heatking Induction Technology (Shiyan) 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.
Heatking Induction Technology (Shiyan) Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Heatking Induction Technology (Shiyan) Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Heatking Induction Technology (Shiyan) 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 4.04% mean?
Heatking Induction Technology (Shiyan) Co (BJSE:920870) has a Return-on-Tangible-Equity of 4.04% 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 Heatking Induction Technology (Shiyan) Co and its competitors. This is 81% below median its historical median of 20.97. Over the past decade, Heatking Induction Technology (Shiyan) Co's Return-on-Tangible-Equity has ranged from 3.67 to 50.45. According to the industry distribution chart, Heatking Induction Technology (Shiyan) Co ranks #1800 out of 2982 companies in the Industrial Products industry, placing it in the top 60.4%.
Is Heatking Induction Technology (Shiyan) Co's Return-on-Tangible-Equity too high?
Heatking Induction Technology (Shiyan) Co's current Return-on-Tangible-Equity of 4.04% is 81% below median its 10-year median of 20.97. Over the past 10 years, this metric has ranged from a low of 3.67 to a high of 50.45. The Industrial Products industry median Return-on-Tangible-Equity is 7.01. Heatking Induction Technology (Shiyan) Co's value of 4.04% is 42.4% below this industry median. Based on the distribution chart, Heatking Induction Technology (Shiyan) Co ranks #1800 out of 2982 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Heatking Induction Technology (Shiyan) Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heatking Induction Technology (Shiyan) Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Heatking Induction Technology (Shiyan) Co ranks #1800 out of 2982 companies for Return-on-Tangible-Equity. This places Heatking Induction Technology (Shiyan) Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.01. Heatking Induction Technology (Shiyan) Co's value of 4.04% is 42.4% below this benchmark. Historically, Heatking Induction Technology (Shiyan) Co's own Return-on-Tangible-Equity has ranged from 3.67 to 50.45 over the past decade. While the company's 10-year median is 20.97 vs. the industry median of 7.01, Heatking Induction Technology (Shiyan) Co has consistently been below 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. Heatking Induction Technology (Shiyan) Co's current Return-on-Tangible-Equity of 4.04% is 42.4% below 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 Heatking Induction Technology (Shiyan) 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. Heatking Induction Technology (Shiyan) Co's current Return-on-Tangible-Equity is 4.04%, which is 81% below median its own 10-year median of 20.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heatking Induction Technology (Shiyan) Co stock overvalued right now?
Based on GuruFocus' analysis, Heatking Induction Technology (Shiyan) Co (BJSE:920870) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.02, compared to a current price of ¥12.18 — trading 18.9% below its estimated fair value. The current Return-on-Tangible-Equity is 4.04%, which is 81% below median its 10-year median of 20.97 and 42.4% below the Industrial Products industry median of 7.01. Heatking Induction Technology (Shiyan) Co's overall GF Score™ is 75/100 with 5 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 Heatking Induction Technology (Shiyan) Co (BJSE:920870), the current Return-on-Tangible-Equity is 4.04% 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 Heatking Induction Technology (Shiyan) Co (BJSE:920870) Overvalued in 2026?
Based on GuruFocus' analysis, Heatking Induction Technology (Shiyan) Co stock appears to be undervalued.
The current stock price of ¥12.18 is trading 18.9% below its estimated GF Value™ of ¥15.02.
GuruFocus considers Heatking Induction Technology (Shiyan) Co to be Modestly Undervalued.
Key valuation signals for BJSE:920870:
Return-on-Tangible-Equity: 4.04% (81% below median its 10-year median of 20.97)
GF Value™: ¥15.02 vs. price of ¥12.18 (18.9% below fair value)
Industry Position: 42.4% below the Industrial Products median (#1800 of 2982)
No single metric tells the full story. See the BJSE:920870 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heatking Induction Technology (Shiyan) Co Ltd engages in research and development, production, sales, and technical services of medium and high-end CNC induction heat treatment complete sets of equipment and key functional components. Its products comprise induction heating, machine workpiece, automotive workpiece, wind power workpiece, Heating Industry, Military Workpiece, Standard Equipment, Heat Treatment, Cooling System, Monitoring System, Power Switch, Heating Transformer, and Heating Coils & Inductors.
75GF Score
Get the complete analysis for BJSE:920870
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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