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Chongqing Road & Bridge CoSHSE:600106 +2.74%65 Return-on-Tangible-Equity is 2.00% as of Mar. 2026, which is 67% below its 10-year median of 6.05. GuruFocus rates SHSE:600106 with a GF Score™ of 65/100 and a GF Value™ of ¥5.42 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,710 Construction companies, Chongqing Road & Bridge Co ranks worse than 71.81% 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. Chongqing Road & Bridge Co's annualized net income for the quarter that ended in Mar. 2026 was ¥106.2 Mil. Chongqing Road & Bridge Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥5,317.2 Mil. Therefore, Chongqing Road & Bridge Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.00%.
The historical rank and industry rank for Chongqing Road & Bridge Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600106'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.62 Med: 6.05 Max: 8.81
Current: 1.62
During the past 13 years, Chongqing Road & Bridge Co's highest Return-on-Tangible-Equity was 8.81%. The lowest was 1.62%. And the median was 6.05%.
SHSE:600106's Return-on-Tangible-Equity is ranked worse than 71.81% of 1710
companies
in the Construction industry
Industry Median: 8.21
vs SHSE:600106: 1.62
Chongqing Road & Bridge Co (SHSE:600106) 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.
Chongqing Road & Bridge Co Return-on-Tangible-Equity Related Terms
Chongqing Road & Bridge 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.
Chongqing Road & Bridge Co Return-on-Tangible-Equity Chart
Chongqing Road & Bridge Co Return-on-Tangible-Equity Competitor Comparison
For the Infrastructure Operations subindustry, Chongqing Road & Bridge 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.
Chongqing Road & Bridge Co Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Chongqing Road & Bridge Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Chongqing Road & Bridge 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 2.00% mean?
Chongqing Road & Bridge Co (SHSE:600106) has a Return-on-Tangible-Equity of 2.00% 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 Chongqing Road & Bridge Co and its competitors. This is 67% below median its historical median of 6.05. Over the past decade, Chongqing Road & Bridge Co's Return-on-Tangible-Equity has ranged from 1.62 to 8.81. According to the industry distribution chart, Chongqing Road & Bridge Co ranks #1228 out of 1710 companies in the Construction industry, placing it in the top 71.8%.
Is Chongqing Road & Bridge Co's Return-on-Tangible-Equity too high?
Chongqing Road & Bridge Co's current Return-on-Tangible-Equity of 2.00% is 67% below median its 10-year median of 6.05. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 8.81. The Construction industry median Return-on-Tangible-Equity is 8.21. Chongqing Road & Bridge Co's value of 2.00% is 75.6% below this industry median. Based on the distribution chart, Chongqing Road & Bridge Co ranks #1228 out of 1710 companies in the Construction industry, which is below the industry midpoint. Overall, Chongqing Road & Bridge Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Road & Bridge Co's Return-on-Tangible-Equity compare to competitors?
According to the Construction industry distribution chart, Chongqing Road & Bridge Co ranks #1228 out of 1710 companies for Return-on-Tangible-Equity. This places Chongqing Road & Bridge Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.21. Chongqing Road & Bridge Co's value of 2.00% is 75.6% below this benchmark. Historically, Chongqing Road & Bridge Co's own Return-on-Tangible-Equity has ranged from 1.62 to 8.81 over the past decade. While the company's 10-year median is 6.05 vs. the industry median of 8.21, Chongqing Road & Bridge 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.21, based on 1,710 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. Chongqing Road & Bridge Co's current Return-on-Tangible-Equity of 2.00% is 75.6% 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 Chongqing Road & Bridge Co and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Road & Bridge Co's current Return-on-Tangible-Equity is 2.00%, which is 67% below median its own 10-year median of 6.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Road & Bridge Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Road & Bridge Co (SHSE:600106) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.42, compared to a current price of ¥4.13 — trading 23.8% below its estimated fair value. The current Return-on-Tangible-Equity is 2.00%, which is 67% below median its 10-year median of 6.05 and 75.6% below the Construction industry median of 8.21. Chongqing Road & Bridge Co's overall GF Score™ is 65/100 with 5 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 Chongqing Road & Bridge Co (SHSE:600106), the current Return-on-Tangible-Equity is 2.00% 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 Chongqing Road & Bridge Co (SHSE:600106) Overvalued in 2026?
Based on GuruFocus' analysis, Chongqing Road & Bridge Co stock appears to be undervalued.
The current stock price of ¥4.13 is trading 23.8% below its estimated GF Value™ of ¥5.42.
GuruFocus considers Chongqing Road & Bridge Co to be Modestly Undervalued.
Key valuation signals for SHSE:600106:
Return-on-Tangible-Equity: 2.00% (67% below median its 10-year median of 6.05)
GF Value™: ¥5.42 vs. price of ¥4.13 (23.8% below fair value)
Industry Position: 75.6% below the Construction median (#1228 of 1710)
No single metric tells the full story. See the SHSE:600106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chongqing Road & Bridge Co Ltd is engaged in the Construction, maintenance, operation and management of the Chongqing Niujiaotuo Jialing River Bridge and the Yangtze River Shibanpo Bridge; development of residential communities; operation, maintenance and management of the Jialing River Shimen Bridge and the Nanshan Tourist Highway.
65GF Score
Get the complete analysis for SHSE:600106
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