Linhai CoSHSE:600099 +3.09%75 Return-on-Tangible-Equity is 3.13% as of Mar. 2026, which is 73% above its 10-year median of 1.81. GuruFocus rates SHSE:600099 with a GF Score™ of 75/100 and a GF Value™ of ¥12.51 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,282 Vehicles & Parts companies, Linhai Co ranks worse than 61.08% 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. Linhai Co's annualized net income for the quarter that ended in Mar. 2026 was ¥17 Mil. Linhai Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥531 Mil. Therefore, Linhai Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.13%.
The historical rank and industry rank for Linhai Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600099'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.43 Med: 1.81 Max: 4.82
Current: 4.82
During the past 13 years, Linhai Co's highest Return-on-Tangible-Equity was 4.82%. The lowest was 0.43%. And the median was 1.81%.
SHSE:600099's Return-on-Tangible-Equity is ranked worse than 61.08% of 1282
companies
in the Vehicles & Parts industry
Industry Median: 7.5
vs SHSE:600099: 4.82
Linhai Co (SHSE:600099) 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.
Linhai Co Return-on-Tangible-Equity Related Terms
Linhai Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Linhai 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.
SHSE:600099 vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Linhai 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.
Linhai Co Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Linhai Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Linhai 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 3.13% mean?
Linhai Co (SHSE:600099) has a Return-on-Tangible-Equity of 3.13% 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 Linhai Co and its competitors. This is 73% above median its historical median of 1.81. Over the past decade, Linhai Co's Return-on-Tangible-Equity has ranged from 0.43 to 4.82. According to the industry distribution chart, Linhai Co ranks #783 out of 1282 companies in the Vehicles & Parts industry, placing it in the top 61.1%.
Is Linhai Co's Return-on-Tangible-Equity too high?
Linhai Co's current Return-on-Tangible-Equity of 3.13% is 73% above median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 4.82. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.50. Linhai Co's value of 3.13% is 58.3% below this industry median. Based on the distribution chart, Linhai Co ranks #783 out of 1282 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Linhai Co has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Linhai Co's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Linhai Co ranks #783 out of 1282 companies for Return-on-Tangible-Equity. This places Linhai Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.50. Linhai Co's value of 3.13% is 58.3% below this benchmark. Historically, Linhai Co's own Return-on-Tangible-Equity has ranged from 0.43 to 4.82 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 7.50, Linhai 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.50, based on 1,282 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. Linhai Co's current Return-on-Tangible-Equity of 3.13% is 58.3% 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 Linhai Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Linhai Co's current Return-on-Tangible-Equity is 3.13%, which is 73% above median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linhai Co stock overvalued right now?
Based on GuruFocus' analysis, Linhai Co (SHSE:600099) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥12.51, compared to a current price of ¥8.34 — trading 33.3% below its estimated fair value. The current Return-on-Tangible-Equity is 3.13%, which is 73% above median its 10-year median of 1.81 and 58.3% below the Vehicles & Parts industry median of 7.50. Linhai Co's overall GF Score™ is 75/100 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 Linhai Co (SHSE:600099), the current Return-on-Tangible-Equity is 3.13% 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 Linhai Co (SHSE:600099) Overvalued in 2026?
Based on GuruFocus' analysis, Linhai Co stock appears to be undervalued.
The current stock price of ¥8.34 is trading 33.3% below its estimated GF Value™ of ¥12.51.
GuruFocus considers Linhai Co to be Significantly Undervalued.
Key valuation signals for SHSE:600099:
Return-on-Tangible-Equity: 3.13% (73% above median its 10-year median of 1.81)
GF Value™: ¥12.51 vs. price of ¥8.34 (33.3% below fair value)
Industry Position: 58.3% below the Vehicles & Parts median (#783 of 1282)
No single metric tells the full story. See the SHSE:600099 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Linhai Co Ltd is engaged in developing and manufacturing small engines and power machinery. The main products fall into six categories as motorcycle-engines, small gasoline engines, motorcycles, mopeds, forestry machinery, fire-fighting machinery and sprinklers for the sports ground.
75GF Score
Get the complete analysis for SHSE:600099
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