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Fujian Qingshan Paper Industry CoSHSE:600103 -2.28%65 Return-on-Tangible-Equity is 1.60% as of Mar. 2026, which is 54% below its 10-year median of 3.51. GuruFocus rates SHSE:600103 with a GF Score™ of 65/100 and a GF Value™ of ¥2.08 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 280 Forest Products companies, Fujian Qingshan Paper Industry Co ranks worse than 57.14% on this metric.
The historical rank and industry rank for Fujian Qingshan Paper Industry Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600103'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.03 Med: 3.51 Max: 5.86
Current: 1.03
During the past 13 years, Fujian Qingshan Paper Industry Co's highest Return-on-Tangible-Equity was 5.86%. The lowest was 1.03%. And the median was 3.51%.
SHSE:600103's Return-on-Tangible-Equity is ranked worse than 57.14% of 280
companies
in the Forest Products industry
Industry Median: 2.2
vs SHSE:600103: 1.03
Fujian Qingshan Paper Industry Co (SHSE:600103) 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.
Fujian Qingshan Paper Industry Co Return-on-Tangible-Equity Related Terms
Fujian Qingshan Paper Industry 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.
Fujian Qingshan Paper Industry Co Return-on-Tangible-Equity Chart
Fujian Qingshan Paper Industry Co Return-on-Tangible-Equity Competitor Comparison
For the Paper & Paper Products subindustry, Fujian Qingshan Paper Industry 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.
Fujian Qingshan Paper Industry Co Return-on-Tangible-Equity vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Fujian Qingshan Paper Industry Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Fujian Qingshan Paper Industry 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 1.60% mean?
Fujian Qingshan Paper Industry Co (SHSE:600103) has a Return-on-Tangible-Equity of 1.60% 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 Fujian Qingshan Paper Industry Co and its competitors. This is 54% below median its historical median of 3.51. Over the past decade, Fujian Qingshan Paper Industry Co's Return-on-Tangible-Equity has ranged from 1.03 to 5.86. According to the industry distribution chart, Fujian Qingshan Paper Industry Co ranks #160 out of 280 companies in the Forest Products industry, placing it in the top 57.1%.
Is Fujian Qingshan Paper Industry Co's Return-on-Tangible-Equity too high?
Fujian Qingshan Paper Industry Co's current Return-on-Tangible-Equity of 1.60% is 54% below median its 10-year median of 3.51. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 5.86. The Forest Products industry median Return-on-Tangible-Equity is 2.20. Fujian Qingshan Paper Industry Co's value of 1.60% is 27.3% below this industry median. Based on the distribution chart, Fujian Qingshan Paper Industry Co ranks #160 out of 280 companies in the Forest Products industry, which is below the industry midpoint. Overall, Fujian Qingshan Paper Industry Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fujian Qingshan Paper Industry Co's Return-on-Tangible-Equity compare to competitors?
According to the Forest Products industry distribution chart, Fujian Qingshan Paper Industry Co ranks #160 out of 280 companies for Return-on-Tangible-Equity. This places Fujian Qingshan Paper Industry Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 2.20. Fujian Qingshan Paper Industry Co's value of 1.60% is 27.3% below this benchmark. Historically, Fujian Qingshan Paper Industry Co's own Return-on-Tangible-Equity has ranged from 1.03 to 5.86 over the past decade. While the company's 10-year median is 3.51 vs. the industry median of 2.20, Fujian Qingshan Paper Industry 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.20, based on 280 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. Fujian Qingshan Paper Industry Co's current Return-on-Tangible-Equity of 1.60% is 27.3% 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 Fujian Qingshan Paper Industry Co and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujian Qingshan Paper Industry Co's current Return-on-Tangible-Equity is 1.60%, which is 54% below median its own 10-year median of 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Qingshan Paper Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Qingshan Paper Industry Co (SHSE:600103) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.08, compared to a current price of ¥2.57 — trading 23.6% above its estimated fair value. The current Return-on-Tangible-Equity is 1.60%, which is 54% below median its 10-year median of 3.51 and 27.3% below the Forest Products industry median of 2.20. Fujian Qingshan Paper Industry Co's overall GF Score™ is 65/100 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 Fujian Qingshan Paper Industry Co (SHSE:600103), the current Return-on-Tangible-Equity is 1.60% 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 Fujian Qingshan Paper Industry Co (SHSE:600103) Overvalued in 2026?
Based on GuruFocus' analysis, Fujian Qingshan Paper Industry Co stock appears to be overvalued.
The current stock price of ¥2.57 is trading 23.6% above its estimated GF Value™ of ¥2.08.
GuruFocus considers Fujian Qingshan Paper Industry Co to be Modestly Overvalued.
Key valuation signals for SHSE:600103:
Return-on-Tangible-Equity: 1.60% (54% below median its 10-year median of 3.51)
GF Value™: ¥2.08 vs. price of ¥2.57 (23.6% above fair value)
Industry Position: 27.3% below the Forest Products median (#160 of 280)
No single metric tells the full story. See the SHSE:600103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fujian Qingshan Paper Industry Co Business Description
Fujian Qingshan Paper Industry Co Ltd is a China-based company engaged in the production and sales of paper products. Its principal products cover paper bags, pulp board, paperboard and corrugated paper products, paper products, optoelectronic products and forest products. The company distributes its products in domestic and overseas markets.
65GF Score
Get the complete analysis for SHSE:600103
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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