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AVIC Airborne Systems CoSHSE:600372 -2.58%65 Return-on-Tangible-Equity is 1.99% as of Mar. 2026, which is 74% below its 10-year median of 7.62. GuruFocus rates SHSE:600372 with a GF Score™ of 65/100 and a GF Value™ of ¥11.22 (Fairly Valued). The stock has 5 warning signs investors should review. Among 335 Aerospace & Defense companies, AVIC Airborne Systems Co ranks worse than 60.6% 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. AVIC Airborne Systems Co's annualized net income for the quarter that ended in Mar. 2026 was ¥720 Mil. AVIC Airborne Systems Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥36,200 Mil. Therefore, AVIC Airborne Systems Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.99%.
The historical rank and industry rank for AVIC Airborne Systems Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600372'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.97 Med: 7.62 Max: 9.29
Current: 3.17
During the past 13 years, AVIC Airborne Systems Co's highest Return-on-Tangible-Equity was 9.29%. The lowest was 2.97%. And the median was 7.62%.
SHSE:600372's Return-on-Tangible-Equity is ranked worse than 60.6% of 335
companies
in the Aerospace & Defense industry
Industry Median: 8.1
vs SHSE:600372: 3.17
AVIC Airborne Systems Co (SHSE:600372) 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.
AVIC Airborne Systems Co Return-on-Tangible-Equity Related Terms
AVIC Airborne Systems Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for AVIC Airborne Systems 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.
AVIC Airborne Systems Co Return-on-Tangible-Equity Chart
SHSE:600372 vs SPCX, GE, RTX: Return-on-Tangible-Equity Comparison
For the Aerospace & Defense subindustry, AVIC Airborne Systems 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.
AVIC Airborne Systems Co Return-on-Tangible-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, AVIC Airborne Systems Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where AVIC Airborne Systems 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 1.99% mean?
AVIC Airborne Systems Co (SHSE:600372) has a Return-on-Tangible-Equity of 1.99% 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 AVIC Airborne Systems Co and its competitors. This is 74% below median its historical median of 7.62. Over the past decade, AVIC Airborne Systems Co's Return-on-Tangible-Equity has ranged from 2.97 to 9.29. According to the industry distribution chart, AVIC Airborne Systems Co ranks #203 out of 335 companies in the Aerospace & Defense industry, placing it in the top 60.6%.
Is AVIC Airborne Systems Co's Return-on-Tangible-Equity too high?
AVIC Airborne Systems Co's current Return-on-Tangible-Equity of 1.99% is 74% below median its 10-year median of 7.62. Over the past 10 years, this metric has ranged from a low of 2.97 to a high of 9.29. The Aerospace & Defense industry median Return-on-Tangible-Equity is 8.10. AVIC Airborne Systems Co's value of 1.99% is 75.4% below this industry median. Based on the distribution chart, AVIC Airborne Systems Co ranks #203 out of 335 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, AVIC Airborne Systems Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AVIC Airborne Systems Co's Return-on-Tangible-Equity compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, AVIC Airborne Systems Co ranks #203 out of 335 companies for Return-on-Tangible-Equity. This places AVIC Airborne Systems Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.10. AVIC Airborne Systems Co's value of 1.99% is 75.4% below this benchmark. Historically, AVIC Airborne Systems Co's own Return-on-Tangible-Equity has ranged from 2.97 to 9.29 over the past decade. While the company's 10-year median is 7.62 vs. the industry median of 8.10, AVIC Airborne Systems 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 an Aerospace & Defense company?
The median Return-on-Tangible-Equity among Aerospace & Defense companies is 8.10, based on 335 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. AVIC Airborne Systems Co's current Return-on-Tangible-Equity of 1.99% is 75.4% 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 AVIC Airborne Systems Co and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Equity is 8.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AVIC Airborne Systems Co's current Return-on-Tangible-Equity is 1.99%, which is 74% below median its own 10-year median of 7.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVIC Airborne Systems Co stock overvalued right now?
Based on GuruFocus' analysis, AVIC Airborne Systems Co (SHSE:600372) is currently considered Fairly Valued. The stock's GF Value™ is ¥11.22, compared to a current price of ¥10.93 — trading 2.6% below its estimated fair value. The current Return-on-Tangible-Equity is 1.99%, which is 74% below median its 10-year median of 7.62 and 75.4% below the Aerospace & Defense industry median of 8.10. AVIC Airborne Systems Co's overall GF Score™ is 65/100 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 AVIC Airborne Systems Co (SHSE:600372), the current Return-on-Tangible-Equity is 1.99% 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 AVIC Airborne Systems Co (SHSE:600372) Overvalued in 2026?
Based on GuruFocus' analysis, AVIC Airborne Systems Co stock appears to be undervalued.
The current stock price of ¥10.93 is trading 2.6% below its estimated GF Value™ of ¥11.22.
GuruFocus considers AVIC Airborne Systems Co to be Fairly Valued.
Key valuation signals for SHSE:600372:
Return-on-Tangible-Equity: 1.99% (74% below median its 10-year median of 7.62)
GF Value™: ¥11.22 vs. price of ¥10.93 (2.6% below fair value)
Industry Position: 75.4% below the Aerospace & Defense median (#203 of 335)
No single metric tells the full story. See the SHSE:600372 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AVIC Airborne Systems Co Ltd Formerly China Avionics Systems Co Ltd engages in the research and development, production, sale, and services of engine auxiliary machinery systems and equipment for aviation. The company has aviation and armament equipment, military transport aircraft, helicopters, airborne systems and auto parts, general aviation, aviation research, flight testing, aviation supply chain and military trade, asset management, finance, engineering construction, automotive and other industries. The company also provides property leasing, technical, and consultancy services.
65GF Score
Get the complete analysis for SHSE:600372
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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