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Zhongmin Energy CoSHSE:600163 -0.75%72 Return-on-Tangible-Equity is 11.02% as of Mar. 2026, which is 11% above its 10-year median of 9.95. GuruFocus rates SHSE:600163 with a GF Score™ of 72/100 and a GF Value™ of ¥5.25 (Fairly Valued). The stock has 5 warning signs investors should review. Among 429 Utilities - Independent Power Producers companies, Zhongmin Energy Co ranks better than 56.64% 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. Zhongmin Energy Co's annualized net income for the quarter that ended in Mar. 2026 was ¥785 Mil. Zhongmin Energy Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥7,126 Mil. Therefore, Zhongmin Energy Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.02%.
The historical rank and industry rank for Zhongmin Energy Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600163'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.69 Med: 9.95 Max: 16.29
Current: 6.69
During the past 13 years, Zhongmin Energy Co's highest Return-on-Tangible-Equity was 16.29%. The lowest was 6.69%. And the median was 9.95%.
SHSE:600163's Return-on-Tangible-Equity is ranked better than 56.64% of 429
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.78
vs SHSE:600163: 6.69
Zhongmin Energy Co (SHSE:600163) 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.
Zhongmin Energy Co Return-on-Tangible-Equity Related Terms
Zhongmin Energy Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Zhongmin Energy 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.
Zhongmin Energy Co Return-on-Tangible-Equity Chart
Zhongmin Energy Co Return-on-Tangible-Equity Competitor Comparison
For the Utilities - Renewable subindustry, Zhongmin Energy 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.
Zhongmin Energy Co Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Zhongmin Energy Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zhongmin Energy 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 11.02% mean?
Zhongmin Energy Co (SHSE:600163) has a Return-on-Tangible-Equity of 11.02% 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 Zhongmin Energy Co and its competitors. This is 11% above median its historical median of 9.95. Over the past decade, Zhongmin Energy Co's Return-on-Tangible-Equity has ranged from 6.69 to 16.29. According to the industry distribution chart, Zhongmin Energy Co ranks #186 out of 429 companies in the Utilities - Independent Power Producers industry, placing it in the top 43.4%.
Is Zhongmin Energy Co's Return-on-Tangible-Equity too high?
Zhongmin Energy Co's current Return-on-Tangible-Equity of 11.02% is 11% above median its 10-year median of 9.95. Over the past 10 years, this metric has ranged from a low of 6.69 to a high of 16.29. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.78. Zhongmin Energy Co's value of 11.02% is 130.5% above this industry median. Based on the distribution chart, Zhongmin Energy Co ranks #186 out of 429 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Zhongmin Energy Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhongmin Energy Co's Return-on-Tangible-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Zhongmin Energy Co ranks #186 out of 429 companies for Return-on-Tangible-Equity. This puts Zhongmin Energy Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.78. Zhongmin Energy Co's value of 11.02% is 130.5% above this benchmark. Historically, Zhongmin Energy Co's own Return-on-Tangible-Equity has ranged from 6.69 to 16.29 over the past decade. While the company's 10-year median is 9.95 vs. the industry median of 4.78, Zhongmin Energy Co has consistently been above 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 4.78, 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. Zhongmin Energy Co's current Return-on-Tangible-Equity of 11.02% is 130.5% above 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 Zhongmin Energy Co and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongmin Energy Co's current Return-on-Tangible-Equity is 11.02%, which is 11% above median its own 10-year median of 9.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongmin Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Zhongmin Energy Co (SHSE:600163) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.25, compared to a current price of ¥5.26 — trading 0.2% above its estimated fair value. The current Return-on-Tangible-Equity is 11.02%, which is 11% above median its 10-year median of 9.95 and 130.5% above the Utilities - Independent Power Producers industry median of 4.78. Zhongmin Energy Co's overall GF Score™ is 72/100 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 Zhongmin Energy Co (SHSE:600163), the current Return-on-Tangible-Equity is 11.02% 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 Zhongmin Energy Co (SHSE:600163) Overvalued in 2026?
Based on GuruFocus' analysis, Zhongmin Energy Co stock appears to be overvalued.
The current stock price of ¥5.26 is trading 0.2% above its estimated GF Value™ of ¥5.25.
GuruFocus considers Zhongmin Energy Co to be Fairly Valued.
Key valuation signals for SHSE:600163:
Return-on-Tangible-Equity: 11.02% (11% above median its 10-year median of 9.95)
GF Value™: ¥5.25 vs. price of ¥5.26 (0.2% above fair value)
Industry Position: 130.5% above the Utilities - Independent Power Producers median (#186 of 429)
No single metric tells the full story. See the SHSE:600163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhongmin Energy Co Ltd focuses on the development and construction of power generation projects in China. The company's business scope comprises of wind power generation, investment in the energy industry, power production, electrical installation, engineering consulting, construction materials, sales of mechanical and electrical equipment, machinery and equipment rental. It is mainly focused on the development and construction of wind, solar and other clean energy sources.
72GF Score
Get the complete analysis for SHSE:600163
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