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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. Fujian Furi Electronics Co's annualized net income for the quarter that ended in Mar. 2026 was ¥186 Mil. Fujian Furi Electronics Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,124 Mil. Therefore, Fujian Furi Electronics Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.52%.
The historical rank and industry rank for Fujian Furi Electronics Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600203'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -31.99 Med: -6.3 Max: 5.51
Current: 3.44
During the past 13 years, Fujian Furi Electronics Co's highest Return-on-Tangible-Equity was 5.51%. The lowest was -31.99%. And the median was -6.30%.
SHSE:600203's Return-on-Tangible-Equity is ranked worse than 57.17% of 2384
companies
in the Hardware industry
Industry Median: 5.33
vs SHSE:600203: 3.44
Fujian Furi Electronics Co (SHSE:600203) 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 Furi Electronics Co Return-on-Tangible-Equity Related Terms
Fujian Furi Electronics 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 Furi Electronics Co Return-on-Tangible-Equity Chart
SHSE:600203 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Fujian Furi Electronics 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 Furi Electronics Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Fujian Furi Electronics Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Fujian Furi Electronics 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 16.52% mean?
Fujian Furi Electronics Co (SHSE:600203) has a Return-on-Tangible-Equity of 16.52% 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 Furi Electronics Co and its competitors. According to the industry distribution chart, Fujian Furi Electronics Co ranks #1363 out of 2384 companies in the Hardware industry, placing it in the top 57.2%.
Is Fujian Furi Electronics Co's Return-on-Tangible-Equity too high?
Fujian Furi Electronics Co's current Return-on-Tangible-Equity is 16.52%. The Hardware industry median Return-on-Tangible-Equity is 5.33. Fujian Furi Electronics Co's value of 16.52% is 209.9% above this industry median. Based on the distribution chart, Fujian Furi Electronics Co ranks #1363 out of 2384 companies in the Hardware industry, which is below the industry midpoint. Overall, Fujian Furi Electronics Co has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fujian Furi Electronics Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Fujian Furi Electronics Co ranks #1363 out of 2384 companies for Return-on-Tangible-Equity. This places Fujian Furi Electronics Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.33. Fujian Furi Electronics Co's value of 16.52% is 209.9% above this benchmark. 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. Fujian Furi Electronics Co's current Return-on-Tangible-Equity of 16.52% is 209.9% 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 Fujian Furi Electronics 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. Fujian Furi Electronics Co's current Return-on-Tangible-Equity is 16.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Furi Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Furi Electronics Co (SHSE:600203) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥12.31, compared to a current price of ¥9.36 — trading 24% below its estimated fair value. The current Return-on-Tangible-Equity is 16.52% and 209.9% above the Hardware industry median of 5.33. Fujian Furi Electronics Co's overall GF Score™ is 54/100 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 Fujian Furi Electronics Co (SHSE:600203), the current Return-on-Tangible-Equity is 16.52% 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 Furi Electronics Co (SHSE:600203) Overvalued in 2026?
Based on GuruFocus' analysis, Fujian Furi Electronics Co stock appears to be undervalued.
The current stock price of ¥9.36 is trading 24% below its estimated GF Value™ of ¥12.31.
GuruFocus considers Fujian Furi Electronics Co to be Modestly Undervalued.
Key valuation signals for SHSE:600203:
Return-on-Tangible-Equity: 16.52%
GF Value™: ¥12.31 vs. price of ¥9.36 (24% below fair value)
Industry Position: 209.9% above the Hardware median (#1363 of 2384)
No single metric tells the full story. See the SHSE:600203 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fujian Furi Electronics Co Ltd is engaged in manufacturing of display devices, light emitting diodes, lighting fixtures, electric light source parts, communication terminal equipment, photovoltaic equipment and components, and intelligent control systems.
54GF Score
Get the complete analysis for SHSE:600203
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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