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. CITIC Niya Wine Co's annualized net income for the quarter that ended in Mar. 2026 was ¥21.8 Mil. CITIC Niya Wine Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,256.2 Mil. Therefore, CITIC Niya Wine Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.73%.
The historical rank and industry rank for CITIC Niya Wine Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600084'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -52.88 Med: -0.89 Max: 0.97
Current: -1.77
During the past 13 years, CITIC Niya Wine Co's highest Return-on-Tangible-Equity was 0.97%. The lowest was -52.88%. And the median was -0.89%.
SHSE:600084's Return-on-Tangible-Equity is ranked worse than 80.6% of 201
companies
in the Beverages - Alcoholic industry
Industry Median: 8.47
vs SHSE:600084: -1.77
CITIC Niya Wine Co (SHSE:600084) 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.
CITIC Niya Wine Co Return-on-Tangible-Equity Related Terms
CITIC Niya Wine Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for CITIC Niya Wine Co's Return-on-Tangible-Equity can be seen below:
* 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.
CITIC Niya Wine Co Return-on-Tangible-Equity Chart
SHSE:600084 vs BF.B: Return-on-Tangible-Equity Comparison
For the Beverages - Wineries & Distilleries subindustry, CITIC Niya Wine 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.
CITIC Niya Wine Co Return-on-Tangible-Equity vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, CITIC Niya Wine Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CITIC Niya Wine 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 1.73% mean?
CITIC Niya Wine Co (SHSE:600084) has a Return-on-Tangible-Equity of 1.73% 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 CITIC Niya Wine Co and its competitors. According to the industry distribution chart, CITIC Niya Wine Co ranks #162 out of 201 companies in the Beverages - Alcoholic industry, placing it in the top 80.6%.
Is CITIC Niya Wine Co's Return-on-Tangible-Equity too high?
CITIC Niya Wine Co's current Return-on-Tangible-Equity is 1.73%. The Beverages - Alcoholic industry median Return-on-Tangible-Equity is 8.47. CITIC Niya Wine Co's value of 1.73% is 79.6% below this industry median. Based on the distribution chart, CITIC Niya Wine Co ranks #162 out of 201 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, CITIC Niya Wine Co has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CITIC Niya Wine Co's Return-on-Tangible-Equity compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, CITIC Niya Wine Co ranks #162 out of 201 companies for Return-on-Tangible-Equity. This places CITIC Niya Wine Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.47. CITIC Niya Wine Co's value of 1.73% is 79.6% below this benchmark. 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 Beverages - Alcoholic company?
The median Return-on-Tangible-Equity among Beverages - Alcoholic companies is 8.47, based on 201 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. CITIC Niya Wine Co's current Return-on-Tangible-Equity of 1.73% is 79.6% 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 CITIC Niya Wine Co and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Equity is 8.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CITIC Niya Wine Co's current Return-on-Tangible-Equity is 1.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CITIC Niya Wine Co stock overvalued right now?
Based on GuruFocus' analysis, CITIC Niya Wine Co (SHSE:600084) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.57, compared to a current price of ¥4.40 — trading 3.7% below its estimated fair value. The current Return-on-Tangible-Equity is 1.73% and 79.6% below the Beverages - Alcoholic industry median of 8.47. CITIC Niya Wine Co's overall GF Score™ is 50/100 with 2 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 CITIC Niya Wine Co (SHSE:600084), the current Return-on-Tangible-Equity is 1.73% 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 CITIC Niya Wine Co (SHSE:600084) Overvalued in 2026?
Based on GuruFocus' analysis, CITIC Niya Wine Co stock appears to be undervalued.
The current stock price of ¥4.40 is trading 3.7% below its estimated GF Value™ of ¥4.57.
GuruFocus considers CITIC Niya Wine Co to be Fairly Valued.
Key valuation signals for SHSE:600084:
Return-on-Tangible-Equity: 1.73%
GF Value™: ¥4.57 vs. price of ¥4.40 (3.7% below fair value)
Industry Position: 79.6% below the Beverages - Alcoholic median (#162 of 201)
No single metric tells the full story. See the SHSE:600084 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600084 has been successfully added to your 
