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Ningbo Bird CoSHSE:600130 +3.40%67 Return-on-Tangible-Equity is 1.12% as of Mar. 2026, which is 56% below its 10-year median of 2.52. GuruFocus rates SHSE:600130 with a GF Score™ of 67/100 and a GF Value™ of ¥4.66 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,384 Hardware companies, Ningbo Bird Co ranks worse than 67.45% 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. Ningbo Bird Co's annualized net income for the quarter that ended in Mar. 2026 was ¥10.2 Mil. Ningbo Bird Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥910.0 Mil. Therefore, Ningbo Bird Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.12%.
The historical rank and industry rank for Ningbo Bird Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600130'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -16.89 Med: 2.52 Max: 4.52
Current: 0.62
During the past 13 years, Ningbo Bird Co's highest Return-on-Tangible-Equity was 4.52%. The lowest was -16.89%. And the median was 2.52%.
SHSE:600130's Return-on-Tangible-Equity is ranked worse than 67.45% of 2384
companies
in the Hardware industry
Industry Median: 5.33
vs SHSE:600130: 0.62
Ningbo Bird Co (SHSE:600130) 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.
Ningbo Bird Co Return-on-Tangible-Equity Related Terms
Ningbo Bird Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ningbo Bird 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:600130 vs CSCO, CIEN, MSI: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Ningbo Bird 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.
Ningbo Bird Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Ningbo Bird Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ningbo Bird 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 1.12% mean?
Ningbo Bird Co (SHSE:600130) has a Return-on-Tangible-Equity of 1.12% 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 Ningbo Bird Co and its competitors. This is 56% below median its historical median of 2.52. According to the industry distribution chart, Ningbo Bird Co ranks #1608 out of 2384 companies in the Hardware industry, placing it in the top 67.4%.
Is Ningbo Bird Co's Return-on-Tangible-Equity too high?
Ningbo Bird Co's current Return-on-Tangible-Equity of 1.12% is 56% below median its 10-year median of 2.52. The Hardware industry median Return-on-Tangible-Equity is 5.33. Ningbo Bird Co's value of 1.12% is 79% below this industry median. Based on the distribution chart, Ningbo Bird Co ranks #1608 out of 2384 companies in the Hardware industry, which is below the industry midpoint. Overall, Ningbo Bird Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Bird Co's Return-on-Tangible-Equity compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Ningbo Bird Co ranks #1608 out of 2384 companies for Return-on-Tangible-Equity. This places Ningbo Bird Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.33. Ningbo Bird Co's value of 1.12% is 79% below this benchmark. While the company's 10-year median is 2.52 vs. the industry median of 5.33, Ningbo Bird 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.33, based on 2,384 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. Ningbo Bird Co's current Return-on-Tangible-Equity of 1.12% is 79% 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 Ningbo Bird Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Bird Co's current Return-on-Tangible-Equity is 1.12%, which is 56% below median its own 10-year median of 2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Bird Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Bird Co (SHSE:600130) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.66, compared to a current price of ¥3.65 — trading 21.7% below its estimated fair value. The current Return-on-Tangible-Equity is 1.12%, which is 56% below median its 10-year median of 2.52 and 79% below the Hardware industry median of 5.33. Ningbo Bird Co's overall GF Score™ is 67/100 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 Ningbo Bird Co (SHSE:600130), the current Return-on-Tangible-Equity is 1.12% 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 Ningbo Bird Co (SHSE:600130) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Bird Co stock appears to be undervalued.
The current stock price of ¥3.65 is trading 21.7% below its estimated GF Value™ of ¥4.66.
GuruFocus considers Ningbo Bird Co to be Modestly Undervalued.
Key valuation signals for SHSE:600130:
Return-on-Tangible-Equity: 1.12% (56% below median its 10-year median of 2.52)
GF Value™: ¥4.66 vs. price of ¥3.65 (21.7% below fair value)
Industry Position: 79% below the Hardware median (#1608 of 2384)
No single metric tells the full story. See the SHSE:600130 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Bird Co Ltd is engaged in producing and selling mobile phones, palm computers, and system equipment in China. It offers Android, bar, qwerty, and clamshell phones; and tablets. The company also exports its products to various countries, including France, Italy, other Europe countries, Russia, India, Mexico, Brazil, and other countries.
67GF Score
Get the complete analysis for SHSE:600130
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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