Shaanxi Construction Engineering Group (SHSE:600248) Return-on-Tangible-Equity: 2.57% (As of Mar. 2026) — 83% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600248 Shaanxi Construction Engineering Group Corp Ltd SHSE:600248
52 GF Score
Price ¥2.86
GF Value ¥3.16
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Shaanxi Construction Engineering Group Return-on-Tangible-Equity?

Shaanxi Construction Engineering Group SHSE:600248 -2.39% 52 Return-on-Tangible-Equity is 2.57% as of Mar. 2026, which is 83% below its 10-year median of 15.51. GuruFocus rates SHSE:600248 with a GF Score™ of 52/100 and a GF Value™ of ¥3.16 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,712 Construction companies, Shaanxi Construction Engineering Group ranks worse than 77.34% 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. Shaanxi Construction Engineering Group's annualized net income for the quarter that ended in Mar. 2026 was ¥714 Mil. Shaanxi Construction Engineering Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥27,825 Mil. Therefore, Shaanxi Construction Engineering Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.57%.

The historical rank and industry rank for Shaanxi Construction Engineering Group's Return-on-Tangible-Equity or its related term are showing as below:

SHSE:600248' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.05   Med: 15.51   Max: 22.64
Current: -0.05

During the past 13 years, Shaanxi Construction Engineering Group's highest Return-on-Tangible-Equity was 22.64%. The lowest was -0.05%. And the median was 15.51%.

SHSE:600248's Return-on-Tangible-Equity is ranked worse than
77.34% of 1712 companies
in the Construction industry
Industry Median: 8.21 vs SHSE:600248: -0.05

Shaanxi Construction Engineering Group  (SHSE:600248) 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.


Shaanxi Construction Engineering Group Return-on-Tangible-Equity Related Terms


Shaanxi Construction Engineering Group Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Shaanxi Construction Engineering Group'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.

Shaanxi Construction Engineering Group Return-on-Tangible-Equity Chart

Shaanxi Construction Engineering Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.64 20.10 20.91 13.09 0.85

Shaanxi Construction Engineering Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.43 9.00 0.90 -12.10 2.57

SHSE:600248 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison

For the Engineering & Construction subindustry, Shaanxi Construction Engineering Group'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.


Shaanxi Construction Engineering Group Return-on-Tangible-Equity vs Construction Industry

For the Construction industry and Industrials sector, Shaanxi Construction Engineering Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Shaanxi Construction Engineering Group's Return-on-Tangible-Equity falls into.


SHSE:600248
52GF Score
Shaanxi Construction Engineering Group Corp Ltd SHSE:600248
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shaanxi Construction Engineering Group Return-on-Tangible-Equity Calculation

Shaanxi Construction Engineering Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=224.81/( (25420.608+27658.86 )/ 2 )
=224.81/26539.734
=0.85 %

Shaanxi Construction Engineering Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=713.82/( (27658.86+27991.642)/ 2 )
=713.82/27825.251
=2.57 %

* 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 2.57% mean?
Shaanxi Construction Engineering Group (SHSE:600248) has a Return-on-Tangible-Equity of 2.57% 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 Shaanxi Construction Engineering Group and its competitors. This is 83% below median its historical median of 15.51. According to the industry distribution chart, Shaanxi Construction Engineering Group ranks #1324 out of 1712 companies in the Construction industry, placing it in the top 77.3%.
Is Shaanxi Construction Engineering Group's Return-on-Tangible-Equity too high?
Shaanxi Construction Engineering Group's current Return-on-Tangible-Equity of 2.57% is 83% below median its 10-year median of 15.51. The Construction industry median Return-on-Tangible-Equity is 8.21. Shaanxi Construction Engineering Group's value of 2.57% is 68.7% below this industry median. Based on the distribution chart, Shaanxi Construction Engineering Group ranks #1324 out of 1712 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Shaanxi Construction Engineering Group has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shaanxi Construction Engineering Group's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Shaanxi Construction Engineering Group ranks #1324 out of 1712 companies for Return-on-Tangible-Equity. This places Shaanxi Construction Engineering Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.21. Shaanxi Construction Engineering Group's value of 2.57% is 68.7% below this benchmark. While the company's 10-year median is 15.51 vs. the industry median of 8.21, Shaanxi Construction Engineering Group 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 1,712 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. Shaanxi Construction Engineering Group's current Return-on-Tangible-Equity of 2.57% is 68.7% 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 Shaanxi Construction Engineering Group 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. Shaanxi Construction Engineering Group's current Return-on-Tangible-Equity is 2.57%, which is 83% below median its own 10-year median of 15.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shaanxi Construction Engineering Group stock overvalued right now?
Based on GuruFocus' analysis, Shaanxi Construction Engineering Group (SHSE:600248) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.16, compared to a current price of ¥2.86 — trading 9.5% below its estimated fair value. The current Return-on-Tangible-Equity is 2.57%, which is 83% below median its 10-year median of 15.51 and 68.7% below the Construction industry median of 8.21. Shaanxi Construction Engineering Group's overall GF Score™ is 52/100 with 7 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 Shaanxi Construction Engineering Group (SHSE:600248), the current Return-on-Tangible-Equity is 2.57% 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 Shaanxi Construction Engineering Group (SHSE:600248) Overvalued in 2026?

Based on GuruFocus' analysis, Shaanxi Construction Engineering Group stock appears to be undervalued. The current stock price of ¥2.86 is trading 9.5% below its estimated GF Value™ of ¥3.16. GuruFocus considers Shaanxi Construction Engineering Group to be Fairly Valued.

Key valuation signals for SHSE:600248:

  • Return-on-Tangible-Equity: 2.57% (83% below median its 10-year median of 15.51)
  • GF Value™: ¥3.16 vs. price of ¥2.86 (9.5% below fair value)
  • GF Score™: 52/100 with 7 warning signs
  • Industry Position: 68.7% below the Construction median (#1324 of 1712)

No single metric tells the full story. See the SHSE:600248 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shaanxi Construction Engineering Group Business Description

Address No.199, North Street, Lianhu District, Xi\'an, Shaanxi, CHN, 712100
Shaanxi Construction Engineering Group Corp Ltd is engaged in providing engineering construction services. The company is involved in infrastructure, construction work, architectural design, real-estate development and operation services.
52GF Score

Get the complete analysis for SHSE:600248

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥2.86
Price
¥3.16
GF Value