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Daheng New Epoch TechnologySHSE:600288 -9.99%57 Return-on-Tangible-Equity is 10.72% as of Mar. 2026, which is 191% above its 10-year median of 3.68. GuruFocus rates SHSE:600288 with a GF Score™ of 57/100 and a GF Value™ of ¥8.42 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,969 Industrial Products companies, Daheng New Epoch Technology ranks better than 59.28% 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. Daheng New Epoch Technology's annualized net income for the quarter that ended in Mar. 2026 was ¥205 Mil. Daheng New Epoch Technology's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,908 Mil. Therefore, Daheng New Epoch Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.72%.
The historical rank and industry rank for Daheng New Epoch Technology's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600288'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.8 Med: 3.68 Max: 8.89
Current: 8.89
During the past 13 years, Daheng New Epoch Technology's highest Return-on-Tangible-Equity was 8.89%. The lowest was -1.80%. And the median was 3.68%.
SHSE:600288's Return-on-Tangible-Equity is ranked better than 59.28% of 2969
companies
in the Industrial Products industry
Industry Median: 6.76
vs SHSE:600288: 8.89
Daheng New Epoch Technology (SHSE:600288) 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.
Daheng New Epoch Technology Return-on-Tangible-Equity Related Terms
Daheng New Epoch Technology 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.
Daheng New Epoch Technology Return-on-Tangible-Equity Chart
SHSE:600288 vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Daheng New Epoch Technology'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.
Daheng New Epoch Technology Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Daheng New Epoch Technology's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Daheng New Epoch Technology'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 10.72% mean?
Daheng New Epoch Technology (SHSE:600288) has a Return-on-Tangible-Equity of 10.72% 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 Daheng New Epoch Technology and its competitors. This is 191% above median its historical median of 3.68. According to the industry distribution chart, Daheng New Epoch Technology ranks #1209 out of 2969 companies in the Industrial Products industry, placing it in the top 40.7%.
Is Daheng New Epoch Technology's Return-on-Tangible-Equity too high?
Daheng New Epoch Technology's current Return-on-Tangible-Equity of 10.72% is 191% above median its 10-year median of 3.68. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. Daheng New Epoch Technology's value of 10.72% is 58.6% above this industry median. Based on the distribution chart, Daheng New Epoch Technology ranks #1209 out of 2969 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Daheng New Epoch Technology has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daheng New Epoch Technology's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Daheng New Epoch Technology ranks #1209 out of 2969 companies for Return-on-Tangible-Equity. This puts Daheng New Epoch Technology in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.76. Daheng New Epoch Technology's value of 10.72% is 58.6% above this benchmark. While the company's 10-year median is 3.68 vs. the industry median of 6.76, Daheng New Epoch Technology 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 Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.76, based on 2,969 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. Daheng New Epoch Technology's current Return-on-Tangible-Equity of 10.72% is 58.6% 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 Daheng New Epoch Technology and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daheng New Epoch Technology's current Return-on-Tangible-Equity is 10.72%, which is 191% above median its own 10-year median of 3.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daheng New Epoch Technology stock overvalued right now?
Based on GuruFocus' analysis, Daheng New Epoch Technology (SHSE:600288) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥8.42, compared to a current price of ¥12.52 — trading 48.7% above its estimated fair value. The current Return-on-Tangible-Equity is 10.72%, which is 191% above median its 10-year median of 3.68 and 58.6% above the Industrial Products industry median of 6.76. Daheng New Epoch Technology's overall GF Score™ is 57/100 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 Daheng New Epoch Technology (SHSE:600288), the current Return-on-Tangible-Equity is 10.72% 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 Daheng New Epoch Technology (SHSE:600288) Overvalued in 2026?
Based on GuruFocus' analysis, Daheng New Epoch Technology stock appears to be overvalued.
The current stock price of ¥12.52 is trading 48.7% above its estimated GF Value™ of ¥8.42.
GuruFocus considers Daheng New Epoch Technology to be Significantly Overvalued.
Key valuation signals for SHSE:600288:
Return-on-Tangible-Equity: 10.72% (191% above median its 10-year median of 3.68)
GF Value™: ¥8.42 vs. price of ¥12.52 (48.7% above fair value)
Industry Position: 58.6% above the Industrial Products median (#1209 of 2969)
No single metric tells the full story. See the SHSE:600288 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daheng New Epoch Technology Inc is a Chinese company engaged in electrical and optical-electro-mechanical products. It is engaged in manufacture and sale of optical and mechanical integration products, information technology and office automation products, digital TV network editing and playback systems, and semiconductor components. Geographically the business activities are functioned through the region of China.
57GF Score
Get the complete analysis for SHSE:600288
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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