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The historical rank and industry rank for Sichuan Mingxing Electric Power Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600101'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.1 Med: 5.28 Max: 7.65
Current: 5.69
During the past 13 years, Sichuan Mingxing Electric Power Co's highest Return-on-Tangible-Equity was 7.65%. The lowest was 3.10%. And the median was 5.28%.
SHSE:600101's Return-on-Tangible-Equity is ranked worse than 74.29% of 494
companies
in the Utilities - Regulated industry
Industry Median: 11.145
vs SHSE:600101: 5.69
Sichuan Mingxing Electric Power Co (SHSE:600101) 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.
Sichuan Mingxing Electric Power Co Return-on-Tangible-Equity Related Terms
Sichuan Mingxing Electric Power 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.
Sichuan Mingxing Electric Power Co Return-on-Tangible-Equity Chart
SHSE:600101 vs SRE: Return-on-Tangible-Equity Comparison
For the Utilities - Diversified subindustry, Sichuan Mingxing Electric Power 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.
Sichuan Mingxing Electric Power Co Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Sichuan Mingxing Electric Power Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sichuan Mingxing Electric Power 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -2.73% mean?
Sichuan Mingxing Electric Power Co (SHSE:600101) has a Return-on-Tangible-Equity of -2.73% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Sichuan Mingxing Electric Power Co and its competitors. Over the past decade, Sichuan Mingxing Electric Power Co's Return-on-Tangible-Equity has ranged from 3.10 to 7.65. According to the industry distribution chart, Sichuan Mingxing Electric Power Co ranks #367 out of 494 companies in the Utilities - Regulated industry, placing it in the top 74.3%.
Is Sichuan Mingxing Electric Power Co's Return-on-Tangible-Equity too high?
Sichuan Mingxing Electric Power Co's current Return-on-Tangible-Equity is -2.73%. Over the past 10 years, this metric has ranged from a low of 3.10 to a high of 7.65. Based on the distribution chart, Sichuan Mingxing Electric Power Co ranks #367 out of 494 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Sichuan Mingxing Electric Power Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Mingxing Electric Power Co's Return-on-Tangible-Equity compare to SRE?
According to the Utilities - Regulated industry distribution chart, Sichuan Mingxing Electric Power Co ranks #367 out of 494 companies for Return-on-Tangible-Equity. This places Sichuan Mingxing Electric Power Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.15. Historically, Sichuan Mingxing Electric Power Co's own Return-on-Tangible-Equity has ranged from 3.10 to 7.65 over the past decade. 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 Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 11.15, based on 494 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 Sichuan Mingxing Electric Power Co and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 11.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sichuan Mingxing Electric Power Co's current Return-on-Tangible-Equity is -2.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Mingxing Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Mingxing Electric Power Co (SHSE:600101) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.79, compared to a current price of ¥7.87 — trading 19.6% below its estimated fair value. The current Return-on-Tangible-Equity is -2.73%. Sichuan Mingxing Electric Power Co's overall GF Score™ is 76/100 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 Sichuan Mingxing Electric Power Co (SHSE:600101), the current Return-on-Tangible-Equity is -2.73% as of Jun. 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 Sichuan Mingxing Electric Power Co (SHSE:600101) Overvalued in 2026?
Based on GuruFocus' analysis, Sichuan Mingxing Electric Power Co stock appears to be undervalued.
The current stock price of ¥7.87 is trading 19.6% below its estimated GF Value™ of ¥9.79.
GuruFocus considers Sichuan Mingxing Electric Power Co to be Modestly Undervalued.
Key valuation signals for SHSE:600101:
Return-on-Tangible-Equity: -2.73%
GF Value™: ¥9.79 vs. price of ¥7.87 (19.6% below fair value)
No single metric tells the full story. See the SHSE:600101 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sichuan Mingxing Electric Power Co Ltd is mainly engaged in the production of electricity, water, and natural gas in China. It is also involved in the development of mineral resources, real estate, and hotel services.
76GF Score
Get the complete analysis for SHSE:600101
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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