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Guangzhou Development GroupSHSE:600098 +2.65%81 Return-on-Tangible-Equity is 8.96% as of Mar. 2026, which is 57% above its 10-year median of 5.69. GuruFocus rates SHSE:600098 with a GF Score™ of 81/100 and a GF Value™ of ¥7.08 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 178 Other Energy Sources companies, Guangzhou Development Group ranks better than 73.03% on this metric.
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. Guangzhou Development Group's annualized net income for the quarter that ended in Mar. 2026 was ¥2,142 Mil. Guangzhou Development Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥23,894 Mil. Therefore, Guangzhou Development Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.96%.
The historical rank and industry rank for Guangzhou Development Group's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600098'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.95 Med: 5.69 Max: 10.16
Current: 10.16
During the past 13 years, Guangzhou Development Group's highest Return-on-Tangible-Equity was 10.16%. The lowest was 0.95%. And the median was 5.69%.
SHSE:600098's Return-on-Tangible-Equity is ranked better than 73.03% of 178
companies
in the Other Energy Sources industry
Industry Median: 0.79
vs SHSE:600098: 10.16
Guangzhou Development Group (SHSE:600098) 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.
Guangzhou Development Group Return-on-Tangible-Equity Related Terms
Guangzhou Development Group 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.
Guangzhou Development Group Return-on-Tangible-Equity Chart
Guangzhou Development Group Return-on-Tangible-Equity Competitor Comparison
For the Thermal Coal subindustry, Guangzhou Development Group'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.
Guangzhou Development Group Return-on-Tangible-Equity vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Guangzhou Development Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Guangzhou Development Group'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 8.96% mean?
Guangzhou Development Group (SHSE:600098) has a Return-on-Tangible-Equity of 8.96% 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 Guangzhou Development Group and its competitors. This is 57% above median its historical median of 5.69. Over the past decade, Guangzhou Development Group's Return-on-Tangible-Equity has ranged from 0.95 to 10.16. According to the industry distribution chart, Guangzhou Development Group ranks #48 out of 178 companies in the Other Energy Sources industry, placing it in the top 27%.
Is Guangzhou Development Group's Return-on-Tangible-Equity too high?
Guangzhou Development Group's current Return-on-Tangible-Equity of 8.96% is 57% above median its 10-year median of 5.69. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 10.16. The Other Energy Sources industry median Return-on-Tangible-Equity is 0.79. Guangzhou Development Group's value of 8.96% is 1034.2% above this industry median. Based on the distribution chart, Guangzhou Development Group ranks #48 out of 178 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Guangzhou Development Group has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guangzhou Development Group's Return-on-Tangible-Equity compare to competitors?
According to the Other Energy Sources industry distribution chart, Guangzhou Development Group ranks #48 out of 178 companies for Return-on-Tangible-Equity. This puts Guangzhou Development Group in the upper half of its industry. The industry median Return-on-Tangible-Equity is 0.79. Guangzhou Development Group's value of 8.96% is 1034.2% above this benchmark. Historically, Guangzhou Development Group's own Return-on-Tangible-Equity has ranged from 0.95 to 10.16 over the past decade. While the company's 10-year median is 5.69 vs. the industry median of 0.79, Guangzhou Development Group has consistently been above 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 Other Energy Sources company?
The median Return-on-Tangible-Equity among Other Energy Sources companies is 0.79, based on 178 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. Guangzhou Development Group's current Return-on-Tangible-Equity of 8.96% is 1034.2% above 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 Guangzhou Development Group and its competitors. For the Other Energy Sources industry, the median Return-on-Tangible-Equity is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangzhou Development Group's current Return-on-Tangible-Equity is 8.96%, which is 57% above median its own 10-year median of 5.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangzhou Development Group stock overvalued right now?
Based on GuruFocus' analysis, Guangzhou Development Group (SHSE:600098) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.08, compared to a current price of ¥6.20 — trading 12.4% below its estimated fair value. The current Return-on-Tangible-Equity is 8.96%, which is 57% above median its 10-year median of 5.69 and 1034.2% above the Other Energy Sources industry median of 0.79. Guangzhou Development Group's overall GF Score™ is 81/100 with 8 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 Guangzhou Development Group (SHSE:600098), the current Return-on-Tangible-Equity is 8.96% 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 Guangzhou Development Group (SHSE:600098) Overvalued in 2026?
Based on GuruFocus' analysis, Guangzhou Development Group stock appears to be undervalued.
The current stock price of ¥6.20 is trading 12.4% below its estimated GF Value™ of ¥7.08.
GuruFocus considers Guangzhou Development Group to be Modestly Undervalued.
Key valuation signals for SHSE:600098:
Return-on-Tangible-Equity: 8.96% (57% above median its 10-year median of 5.69)
GF Value™: ¥7.08 vs. price of ¥6.20 (12.4% below fair value)
Industry Position: 1034.2% above the Other Energy Sources median (#48 of 178)
No single metric tells the full story. See the SHSE:600098 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guangzhou Development Group Incorporated is a China-based company operating in the integrated energy business. It is engaged in the investment, construction, development, and operation of electric power, coal, oil products, natural gas and new energy. The company is also involved in the energy logistics business.
81GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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