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SHSE:600116's Return-on-Tangible-Equity is ranked better than 57.58% of 429
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.68
vs SHSE:600116: 6.93
Chongqing Three Gorges Water Conservancy And Electric Power Co (SHSE:600116) 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 Three Gorges Water Conservancy And Electric Power Co Return-on-Tangible-Equity Related Terms
Chongqing Three Gorges Water Conservancy And 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.
Chongqing Three Gorges Water Conservancy And Electric Power Co Return-on-Tangible-Equity Chart
Chongqing Three Gorges Water Conservancy And Electric Power Co Annual Data
* 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 Three Gorges Water Conservancy And Electric Power Co Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
* 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 1.95% mean?
Chongqing Three Gorges Water Conservancy And Electric Power Co (SHSE:600116) has a Return-on-Tangible-Equity of 1.95% 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 Three Gorges Water Conservancy And Electric Power Co and its competitors. This is 74% below median its historical median of 7.47. Over the past decade, Chongqing Three Gorges Water Conservancy And Electric Power Co's Return-on-Tangible-Equity has ranged from 4.43 to 13.63. According to the industry distribution chart, Chongqing Three Gorges Water Conservancy And Electric Power Co ranks #182 out of 429 companies in the Utilities - Independent Power Producers industry, placing it in the top 42.4%.
Is Chongqing Three Gorges Water Conservancy And Electric Power Co's Return-on-Tangible-Equity too high?
Chongqing Three Gorges Water Conservancy And Electric Power Co's current Return-on-Tangible-Equity of 1.95% is 74% below median its 10-year median of 7.47. Over the past 10 years, this metric has ranged from a low of 4.43 to a high of 13.63. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.68. Chongqing Three Gorges Water Conservancy And Electric Power Co's value of 1.95% is 58.3% below this industry median. Based on the distribution chart, Chongqing Three Gorges Water Conservancy And Electric Power Co ranks #182 out of 429 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Chongqing Three Gorges Water Conservancy And Electric Power Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Three Gorges Water Conservancy And Electric Power Co's Return-on-Tangible-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Chongqing Three Gorges Water Conservancy And Electric Power Co ranks #182 out of 429 companies for Return-on-Tangible-Equity. This puts Chongqing Three Gorges Water Conservancy And Electric Power Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.68. Chongqing Three Gorges Water Conservancy And Electric Power Co's value of 1.95% is 58.3% below this benchmark. Historically, Chongqing Three Gorges Water Conservancy And Electric Power Co's own Return-on-Tangible-Equity has ranged from 4.43 to 13.63 over the past decade. While the company's 10-year median is 7.47 vs. the industry median of 4.68, Chongqing Three Gorges Water Conservancy And Electric Power 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 an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Equity among Utilities - Independent Power Producers companies is 4.68, based on 429 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 Three Gorges Water Conservancy And Electric Power Co's current Return-on-Tangible-Equity of 1.95% 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 Chongqing Three Gorges Water Conservancy And Electric Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Three Gorges Water Conservancy And Electric Power Co's current Return-on-Tangible-Equity is 1.95%, which is 74% below median its own 10-year median of 7.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Three Gorges Water Conservancy And Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Three Gorges Water Conservancy And Electric Power Co (SHSE:600116) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.65, compared to a current price of ¥6.37 — trading 16.7% below its estimated fair value. The current Return-on-Tangible-Equity is 1.95%, which is 74% below median its 10-year median of 7.47 and 58.3% below the Utilities - Independent Power Producers industry median of 4.68. Chongqing Three Gorges Water Conservancy And Electric Power Co's overall GF Score™ is 69/100 with 9 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 Three Gorges Water Conservancy And Electric Power Co (SHSE:600116), the current Return-on-Tangible-Equity is 1.95% 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 Three Gorges Water Conservancy And Electric Power Co (SHSE:600116) Overvalued in 2026?
Based on GuruFocus' analysis, Chongqing Three Gorges Water Conservancy And Electric Power Co stock appears to be undervalued.
The current stock price of ¥6.37 is trading 16.7% below its estimated GF Value™ of ¥7.65.
GuruFocus considers Chongqing Three Gorges Water Conservancy And Electric Power Co to be Modestly Undervalued.
Key valuation signals for SHSE:600116:
Return-on-Tangible-Equity: 1.95% (74% below median its 10-year median of 7.47)
GF Value™: ¥7.65 vs. price of ¥6.37 (16.7% below fair value)
Industry Position: 58.3% below the Utilities - Independent Power Producers median (#182 of 429)
No single metric tells the full story. See the SHSE:600116 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chongqing Three Gorges Water Conservancy And Electric Power Co Business Description
Chongqing Three Gorges Water Conservancy And Electric Power Co Ltd is a China-based company engaged in generating and distributing of hydroelectric power. The company also manufactures water conservation products as well as provides installation and advertising services.
69GF Score
Get the complete analysis for SHSE:600116
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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