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HKSE:09609's Return-on-Tangible-Equity is ranked worse than 50.65% of 2383
companies
in the Hardware industry
Industry Median: 5.49
vs HKSE:09609: 5.32
Hebei Haiwei Electronic New Material Technology Co (HKSE:09609) 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.
Hebei Haiwei Electronic New Material Technology Co Return-on-Tangible-Equity Related Terms
Hebei Haiwei Electronic New Material 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.
Hebei Haiwei Electronic New Material Technology Co Return-on-Tangible-Equity Chart
Hebei Haiwei Electronic New Material Technology Co Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Return-on-Tangible-Equity
44.20
17.20
14.05
5.32
Hebei Haiwei Electronic New Material Technology Co Semi-Annual Data
Dec22
Dec23
Dec24
Dec25
Return-on-Tangible-Equity
44.20
17.20
14.05
5.32
HKSE:09609 vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Hebei Haiwei Electronic New Material 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.
Hebei Haiwei Electronic New Material Technology 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 5.32% mean?
Hebei Haiwei Electronic New Material Technology Co (HKSE:09609) has a Return-on-Tangible-Equity of 5.32% 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 Hebei Haiwei Electronic New Material Technology Co and its competitors. This is 66% below median its historical median of 15.63. Over the past decade, Hebei Haiwei Electronic New Material Technology Co's Return-on-Tangible-Equity has ranged from 5.32 to 44.20. According to the industry distribution chart, Hebei Haiwei Electronic New Material Technology Co ranks #1207 out of 2383 companies in the Hardware industry, placing it in the top 50.7%.
Is Hebei Haiwei Electronic New Material Technology Co's Return-on-Tangible-Equity too high?
Hebei Haiwei Electronic New Material Technology Co's current Return-on-Tangible-Equity of 5.32% is 66% below median its 10-year median of 15.63. Over the past 10 years, this metric has ranged from a low of 5.32 to a high of 44.20. The Hardware industry median Return-on-Tangible-Equity is 5.49. Hebei Haiwei Electronic New Material Technology Co's value of 5.32% is 3.1% below this industry median. Based on the distribution chart, Hebei Haiwei Electronic New Material Technology Co ranks #1207 out of 2383 companies in the Hardware industry, which is below the industry midpoint. Overall, Hebei Haiwei Electronic New Material Technology Co has a GF Scoreâ„¢ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Hebei Haiwei Electronic New Material Technology Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Hebei Haiwei Electronic New Material Technology Co ranks #1207 out of 2383 companies for Return-on-Tangible-Equity. This places Hebei Haiwei Electronic New Material Technology Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.49. Hebei Haiwei Electronic New Material Technology Co's value of 5.32% is 3.1% below this benchmark. Historically, Hebei Haiwei Electronic New Material Technology Co's own Return-on-Tangible-Equity has ranged from 5.32 to 44.20 over the past decade. While the company's 10-year median is 15.63 vs. the industry median of 5.49, Hebei Haiwei Electronic New Material Technology 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 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. Hebei Haiwei Electronic New Material Technology Co's current Return-on-Tangible-Equity of 5.32% is 3.1% 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 Hebei Haiwei Electronic New Material Technology 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. Hebei Haiwei Electronic New Material Technology Co's current Return-on-Tangible-Equity is 5.32%, which is 66% below median its own 10-year median of 15.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hebei Haiwei Electronic New Material Technology Co stock overvalued right now?
Hebei Haiwei Electronic New Material Technology Co (HKSE:09609) has a current Return-on-Tangible-Equity of 5.32%. The current Return-on-Tangible-Equity is 5.32%, which is 66% below median its 10-year median of 15.63 and 3.1% below the Hardware industry median of 5.49. Hebei Haiwei Electronic New Material Technology Co's overall GF Score™ is 21/100 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 Hebei Haiwei Electronic New Material Technology Co (HKSE:09609), the current Return-on-Tangible-Equity is 5.32% 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.
Hebei Haiwei Electronic New Material Technology Co Ltd is a capacitor film manufacturer in China. Its capacitor film products include capacitor base films and metallized films. These products are key components of film capacitors, a type of capacitor known for its outstanding voltage resistance, high-frequency stability, and long lifespan. Film capacitors have a wide range of end-use application scenarios, including new energy vehicles, new energy power systems, industrial equipment, and household appliances. The company's customers include film capacitor manufacturers and BYD, a Chinese new energy vehicle company.
21GF Score
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