Liaoning SG Automotive Group Co (SHSE:600303) Return-on-Tangible-Equity: -40.94% (As of Mar. 2026)

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SHSE:600303 Liaoning SG Automotive Group Co Ltd SHSE:600303
36 GF Score
Price ¥2.38
GF Value ¥3.17
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Liaoning SG Automotive Group Co Return-on-Tangible-Equity?

Liaoning SG Automotive Group Co SHSE:600303 -2.06% 36 Return-on-Tangible-Equity is -40.94% as of Mar. 2026. GuruFocus rates SHSE:600303 with a GF Score™ of 36/100 and a GF Value™ of ¥3.17 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,282 Vehicles & Parts companies, Liaoning SG Automotive Group Co ranks worse than 95.16% 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. Liaoning SG Automotive Group Co's annualized net income for the quarter that ended in Mar. 2026 was ¥-241 Mil. Liaoning SG Automotive Group Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥588 Mil. Therefore, Liaoning SG Automotive Group Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -40.94%.

The historical rank and industry rank for Liaoning SG Automotive Group Co's Return-on-Tangible-Equity or its related term are showing as below:

SHSE:600303' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -53.58   Med: -12.38   Max: 14.86
Current: -53.58

During the past 13 years, Liaoning SG Automotive Group Co's highest Return-on-Tangible-Equity was 14.86%. The lowest was -53.58%. And the median was -12.38%.

SHSE:600303's Return-on-Tangible-Equity is ranked worse than
95.16% of 1282 companies
in the Vehicles & Parts industry
Industry Median: 7.545 vs SHSE:600303: -53.58

Liaoning SG Automotive Group Co  (SHSE:600303) 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.


Liaoning SG Automotive Group Co Return-on-Tangible-Equity Related Terms


Liaoning SG Automotive Group Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Liaoning SG Automotive Group 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.

Liaoning SG Automotive Group Co Return-on-Tangible-Equity Chart

Liaoning SG Automotive Group Co 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 -20.76 -19.03 -34.27 -34.70 -49.86

Liaoning SG Automotive Group Co 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 -37.03 -40.37 -47.28 -88.77 -40.94

SHSE:600303 vs TSLA, GM, F: Return-on-Tangible-Equity Comparison

For the Auto Manufacturers subindustry, Liaoning SG Automotive Group 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.


Liaoning SG Automotive Group Co Return-on-Tangible-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Liaoning SG Automotive Group Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Liaoning SG Automotive Group Co's Return-on-Tangible-Equity falls into.


SHSE:600303
36GF Score
Liaoning SG Automotive Group Co Ltd SHSE:600303
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Liaoning SG Automotive Group Co Return-on-Tangible-Equity Calculation

Liaoning SG Automotive Group Co'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 )
=-358.134/( (820.165+616.384 )/ 2 )
=-358.134/718.2745
=-49.86 %

Liaoning SG Automotive Group Co'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 )
=-240.932/( (616.384+560.532)/ 2 )
=-240.932/588.458
=-40.94 %

* 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 -40.94% mean?
Liaoning SG Automotive Group Co (SHSE:600303) has a Return-on-Tangible-Equity of -40.94% 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 Liaoning SG Automotive Group Co and its competitors. According to the industry distribution chart, Liaoning SG Automotive Group Co ranks #1220 out of 1282 companies in the Vehicles & Parts industry, placing it in the top 95.2%.
Is Liaoning SG Automotive Group Co's Return-on-Tangible-Equity too high?
Liaoning SG Automotive Group Co's current Return-on-Tangible-Equity is -40.94%. Based on the distribution chart, Liaoning SG Automotive Group Co ranks #1220 out of 1282 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Liaoning SG Automotive Group Co has a GF Score™ of 36/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Liaoning SG Automotive Group Co's Return-on-Tangible-Equity compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Liaoning SG Automotive Group Co ranks #1220 out of 1282 companies for Return-on-Tangible-Equity. This places Liaoning SG Automotive Group Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.55. 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.55, based on 1,282 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. 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 Liaoning SG Automotive Group Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liaoning SG Automotive Group Co's current Return-on-Tangible-Equity is -40.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liaoning SG Automotive Group Co stock overvalued right now?
Based on GuruFocus' analysis, Liaoning SG Automotive Group Co (SHSE:600303) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.17, compared to a current price of ¥2.38 — trading 24.9% below its estimated fair value. The current Return-on-Tangible-Equity is -40.94%. Liaoning SG Automotive Group Co's overall GF Score™ is 36/100 with 9 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 Liaoning SG Automotive Group Co (SHSE:600303), the current Return-on-Tangible-Equity is -40.94% 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 Liaoning SG Automotive Group Co (SHSE:600303) Overvalued in 2026?

Based on GuruFocus' analysis, Liaoning SG Automotive Group Co stock appears to be undervalued. The current stock price of ¥2.38 is trading 24.9% below its estimated GF Value™ of ¥3.17. GuruFocus considers Liaoning SG Automotive Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:600303:

  • Return-on-Tangible-Equity: -40.94%
  • GF Value™: ¥3.17 vs. price of ¥2.38 (24.9% below fair value)
  • GF Score™: 36/100 with 9 warning signs

No single metric tells the full story. See the SHSE:600303 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Liaoning SG Automotive Group Co Business Description

Address No. 50 Shuguang Road, Zheng'an District, Liaoning Province, Dandong, CHN, 118001
Liaoning SG Automotive Group Co Ltd manufactures automobiles, axles and other automotive components in China.
36GF Score

Get the complete analysis for SHSE:600303

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

¥2.38
Price
¥3.17
GF Value