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HKSE:02650'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -176.73 Med: -76.16 Max: -8.67
Current: -130.83
During the past 4 years, Shanghai Zhida Technology Development Co's highest Return-on-Tangible-Equity was -8.67%. The lowest was -176.73%. And the median was -76.16%.
HKSE:02650's Return-on-Tangible-Equity is ranked worse than 97.1% of 2383
companies
in the Hardware industry
Industry Median: 5.49
vs HKSE:02650: -130.83
Shanghai Zhida Technology Development Co (HKSE:02650) 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.
Shanghai Zhida Technology Development Co Return-on-Tangible-Equity Related Terms
Shanghai Zhida Technology Development 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.
Shanghai Zhida Technology Development Co Return-on-Tangible-Equity Chart
Shanghai Zhida Technology Development Co Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Return-on-Tangible-Equity
-8.67
-21.48
-176.73
-130.83
Shanghai Zhida Technology Development Co Semi-Annual Data
Dec22
Dec23
Dec24
Dec25
Return-on-Tangible-Equity
-8.67
-21.48
-176.73
-130.83
HKSE:02650 vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Shanghai Zhida Technology Development 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.
Shanghai Zhida Technology Development Co Return-on-Tangible-Equity vs Hardware Industry
* 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 one times the annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -130.83% mean?
Shanghai Zhida Technology Development Co (HKSE:02650) has a Return-on-Tangible-Equity of -130.83% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Shanghai Zhida Technology Development Co and its competitors. According to the industry distribution chart, Shanghai Zhida Technology Development Co ranks #2314 out of 2383 companies in the Hardware industry, placing it in the top 97.1%.
Is Shanghai Zhida Technology Development Co's Return-on-Tangible-Equity too high?
Shanghai Zhida Technology Development Co's current Return-on-Tangible-Equity is -130.83%. Based on the distribution chart, Shanghai Zhida Technology Development Co ranks #2314 out of 2383 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Shanghai Zhida Technology Development Co has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai Zhida Technology Development Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Shanghai Zhida Technology Development Co ranks #2314 out of 2383 companies for Return-on-Tangible-Equity. This places Shanghai Zhida Technology Development Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.49. 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 5.49, based on 2,383 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 Shanghai Zhida Technology Development Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Zhida Technology Development Co's current Return-on-Tangible-Equity is -130.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Zhida Technology Development Co stock overvalued right now?
Shanghai Zhida Technology Development Co (HKSE:02650) has a current Return-on-Tangible-Equity of -130.83%. The current Return-on-Tangible-Equity is -130.83%. Shanghai Zhida Technology Development Co's overall GF Score™ is 7/100 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 Shanghai Zhida Technology Development Co (HKSE:02650), the current Return-on-Tangible-Equity is -130.83% as of Dec. 2025. 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.
Shanghai Zhida Technology Development Co Ltd is engaged in providing new energy vehicle home smart charging and green digital energy. The Group is engaged in the provision of the following goods and services: Production, research and development and sales of EV chargers and related parts; and EV chargers installation services, after-sales services and others. Geographically, company operates in China and Overseas.
7GF Score
Get the complete analysis for HKSE:02650
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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