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SHSE:600308's Return-on-Tangible-Equity is ranked worse than 65.36% of 280
companies
in the Forest Products industry
Industry Median: 2.205
vs SHSE:600308: -1.21
Shandong Huatai Paper Industry Shareholding Co (SHSE:600308) 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.
Shandong Huatai Paper Industry Shareholding Co Return-on-Tangible-Equity Related Terms
Shandong Huatai Paper Industry Shareholding 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.
Shandong Huatai Paper Industry Shareholding Co Return-on-Tangible-Equity Chart
Shandong Huatai Paper Industry Shareholding Co Annual Data
Shandong Huatai Paper Industry Shareholding Co Return-on-Tangible-Equity Competitor Comparison
For the Paper & Paper Products subindustry, Shandong Huatai Paper Industry Shareholding 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.
Shandong Huatai Paper Industry Shareholding Co Return-on-Tangible-Equity vs Forest Products Industry
* 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 1.09% mean?
Shandong Huatai Paper Industry Shareholding Co (SHSE:600308) has a Return-on-Tangible-Equity of 1.09% 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 Shandong Huatai Paper Industry Shareholding Co and its competitors. This is 84% below median its historical median of 6.92. According to the industry distribution chart, Shandong Huatai Paper Industry Shareholding Co ranks #183 out of 280 companies in the Forest Products industry, placing it in the top 65.4%.
Is Shandong Huatai Paper Industry Shareholding Co's Return-on-Tangible-Equity too high?
Shandong Huatai Paper Industry Shareholding Co's current Return-on-Tangible-Equity of 1.09% is 84% below median its 10-year median of 6.92. The Forest Products industry median Return-on-Tangible-Equity is 2.21. Shandong Huatai Paper Industry Shareholding Co's value of 1.09% is 50.6% below this industry median. Based on the distribution chart, Shandong Huatai Paper Industry Shareholding Co ranks #183 out of 280 companies in the Forest Products industry, which is below the industry midpoint. Overall, Shandong Huatai Paper Industry Shareholding Co has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Huatai Paper Industry Shareholding Co's Return-on-Tangible-Equity compare to competitors?
According to the Forest Products industry distribution chart, Shandong Huatai Paper Industry Shareholding Co ranks #183 out of 280 companies for Return-on-Tangible-Equity. This places Shandong Huatai Paper Industry Shareholding Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 2.21. Shandong Huatai Paper Industry Shareholding Co's value of 1.09% is 50.6% below this benchmark. While the company's 10-year median is 6.92 vs. the industry median of 2.21, Shandong Huatai Paper Industry Shareholding Co 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.21, based on 280 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. Shandong Huatai Paper Industry Shareholding Co's current Return-on-Tangible-Equity of 1.09% is 50.6% 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 Shandong Huatai Paper Industry Shareholding Co and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Huatai Paper Industry Shareholding Co's current Return-on-Tangible-Equity is 1.09%, which is 84% below median its own 10-year median of 6.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Huatai Paper Industry Shareholding Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Huatai Paper Industry Shareholding Co (SHSE:600308) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.54, compared to a current price of ¥3.11 — trading 12.1% below its estimated fair value. The current Return-on-Tangible-Equity is 1.09%, which is 84% below median its 10-year median of 6.92 and 50.6% below the Forest Products industry median of 2.21. Shandong Huatai Paper Industry Shareholding Co's overall GF Score™ is 59/100 with 8 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 Shandong Huatai Paper Industry Shareholding Co (SHSE:600308), the current Return-on-Tangible-Equity is 1.09% 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 Shandong Huatai Paper Industry Shareholding Co (SHSE:600308) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Huatai Paper Industry Shareholding Co stock appears to be undervalued.
The current stock price of ¥3.11 is trading 12.1% below its estimated GF Value™ of ¥3.54.
GuruFocus considers Shandong Huatai Paper Industry Shareholding Co to be Modestly Undervalued.
Key valuation signals for SHSE:600308:
Return-on-Tangible-Equity: 1.09% (84% below median its 10-year median of 6.92)
GF Value™: ¥3.54 vs. price of ¥3.11 (12.1% below fair value)
Industry Position: 50.6% below the Forest Products median (#183 of 280)
No single metric tells the full story. See the SHSE:600308 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Huatai Paper Industry Shareholding Co Business Description
Shandong Huatai Paper Industry Shareholding Co Ltd is engaged in the manufacture and distribution of paper products and related chemical products. The groups main products are high-grade newspaper, high-grade coated paper, double adhesive tape, light adhesive tape, new textbook paper, super pressure More than 100 kinds of papers such as glossy paper, electrostatic copy paper and household paper, and more than 20 kinds of chemical products such as liquid chlorine, caustic soda and hydrogen peroxide. Geographically it operates through the region of China.
59GF Score
Get the complete analysis for SHSE:600308
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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