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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. Tianjin Hi-Tech Development Co's annualized net income for the quarter that ended in Mar. 2026 was ¥-54.1 Mil. Tianjin Hi-Tech Development Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,696.3 Mil. Therefore, Tianjin Hi-Tech Development Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -3.19%.
The historical rank and industry rank for Tianjin Hi-Tech Development Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600082'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.79 Med: 0.65 Max: 1.91
Current: -4.19
During the past 13 years, Tianjin Hi-Tech Development Co's highest Return-on-Tangible-Equity was 1.91%. The lowest was -4.79%. And the median was 0.65%.
SHSE:600082's Return-on-Tangible-Equity is ranked worse than 82.28% of 553
companies
in the Conglomerates industry
Industry Median: 7.44
vs SHSE:600082: -4.19
Tianjin Hi-Tech Development Co (SHSE:600082) 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.
Tianjin Hi-Tech Development Co Return-on-Tangible-Equity Related Terms
Tianjin Hi-Tech 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.
Tianjin Hi-Tech Development Co Return-on-Tangible-Equity Chart
SHSE:600082 vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Tianjin Hi-Tech 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.
Tianjin Hi-Tech Development Co Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Tianjin Hi-Tech Development Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tianjin Hi-Tech Development 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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -3.19% mean?
Tianjin Hi-Tech Development Co (SHSE:600082) has a Return-on-Tangible-Equity of -3.19% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tianjin Hi-Tech Development Co and its competitors. According to the industry distribution chart, Tianjin Hi-Tech Development Co ranks #455 out of 553 companies in the Conglomerates industry, placing it in the top 82.3%.
Is Tianjin Hi-Tech Development Co's Return-on-Tangible-Equity too high?
Tianjin Hi-Tech Development Co's current Return-on-Tangible-Equity is -3.19%. Based on the distribution chart, Tianjin Hi-Tech Development Co ranks #455 out of 553 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Tianjin Hi-Tech Development Co has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tianjin Hi-Tech Development Co's Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, Tianjin Hi-Tech Development Co ranks #455 out of 553 companies for Return-on-Tangible-Equity. This places Tianjin Hi-Tech Development Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.44. 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.44, based on 553 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 Tianjin Hi-Tech Development Co and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianjin Hi-Tech Development Co's current Return-on-Tangible-Equity is -3.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin Hi-Tech Development Co stock overvalued right now?
Based on GuruFocus' analysis, Tianjin Hi-Tech Development Co (SHSE:600082) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.46, compared to a current price of ¥2.72 — trading 21.4% below its estimated fair value. The current Return-on-Tangible-Equity is -3.19%. Tianjin Hi-Tech Development Co's overall GF Score™ is 54/100 with 4 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 Tianjin Hi-Tech Development Co (SHSE:600082), the current Return-on-Tangible-Equity is -3.19% as of Mar. 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 Tianjin Hi-Tech Development Co (SHSE:600082) Overvalued in 2026?
Based on GuruFocus' analysis, Tianjin Hi-Tech Development Co stock appears to be undervalued.
The current stock price of ¥2.72 is trading 21.4% below its estimated GF Value™ of ¥3.46.
GuruFocus considers Tianjin Hi-Tech Development Co to be Modestly Undervalued.
Key valuation signals for SHSE:600082:
Return-on-Tangible-Equity: -3.19%
GF Value™: ¥3.46 vs. price of ¥2.72 (21.4% below fair value)
No single metric tells the full story. See the SHSE:600082 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tianjin Hi-Tech Development Co Business Description
Tianjin Hi-Tech Development Co Ltd is engaged in investing in high-tech companies, as well as provides business incubation, rental and leasing, and technical services. Through its subsidiaries, the company sells computer network products, develops computer software, and builds a telecommunication broadband network.
54GF Score
Get the complete analysis for SHSE:600082
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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