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Zijin Longking CoSHSE:600388 +4.62%81 Return-on-Tangible-Equity is 13.56% as of Jun. 2026, which is 28% below its 10-year median of 18.72. GuruFocus rates SHSE:600388 with a GF Score™ of 81/100 and a GF Value™ of ¥15.01 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,977 Industrial Products companies, Zijin Longking Co ranks better than 73.5% 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. Zijin Longking Co's annualized net income for the quarter that ended in Jun. 2026 was ¥1,251 Mil. Zijin Longking Co's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ¥9,225 Mil. Therefore, Zijin Longking Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 13.56%.
The historical rank and industry rank for Zijin Longking Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600388'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.74 Med: 18.72 Max: 20.2
Current: 13.82
During the past 13 years, Zijin Longking Co's highest Return-on-Tangible-Equity was 20.20%. The lowest was 10.74%. And the median was 18.72%.
SHSE:600388's Return-on-Tangible-Equity is ranked better than 73.5% of 2977
companies
in the Industrial Products industry
Industry Median: 6.99
vs SHSE:600388: 13.82
Zijin Longking Co (SHSE:600388) 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.
Zijin Longking Co Return-on-Tangible-Equity Related Terms
Zijin Longking Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Zijin Longking 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.
SHSE:600388 vs VLTO, ZWS, CECO: Return-on-Tangible-Equity Comparison
For the Pollution & Treatment Controls subindustry, Zijin Longking 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.
Zijin Longking Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zijin Longking Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zijin Longking 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 13.56% mean?
Zijin Longking Co (SHSE:600388) has a Return-on-Tangible-Equity of 13.56% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Zijin Longking Co and its competitors. This is 28% below median its historical median of 18.72. Over the past decade, Zijin Longking Co's Return-on-Tangible-Equity has ranged from 10.74 to 20.20. According to the industry distribution chart, Zijin Longking Co ranks #789 out of 2977 companies in the Industrial Products industry, placing it in the top 26.5%.
Is Zijin Longking Co's Return-on-Tangible-Equity too high?
Zijin Longking Co's current Return-on-Tangible-Equity of 13.56% is 28% below median its 10-year median of 18.72. Over the past 10 years, this metric has ranged from a low of 10.74 to a high of 20.20. The Industrial Products industry median Return-on-Tangible-Equity is 6.99. Zijin Longking Co's value of 13.56% is 94% above this industry median. Based on the distribution chart, Zijin Longking Co ranks #789 out of 2977 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Zijin Longking Co has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zijin Longking Co's Return-on-Tangible-Equity compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Zijin Longking Co ranks #789 out of 2977 companies for Return-on-Tangible-Equity. This puts Zijin Longking Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.99. Zijin Longking Co's value of 13.56% is 94% above this benchmark. Historically, Zijin Longking Co's own Return-on-Tangible-Equity has ranged from 10.74 to 20.20 over the past decade. While the company's 10-year median is 18.72 vs. the industry median of 6.99, Zijin Longking Co 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 6.99, based on 2,977 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. Zijin Longking Co's current Return-on-Tangible-Equity of 13.56% is 94% 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 Zijin Longking Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zijin Longking Co's current Return-on-Tangible-Equity is 13.56%, which is 28% below median its own 10-year median of 18.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zijin Longking Co stock overvalued right now?
Based on GuruFocus' analysis, Zijin Longking Co (SHSE:600388) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥15.01, compared to a current price of ¥19.01 — trading 26.6% above its estimated fair value. The current Return-on-Tangible-Equity is 13.56%, which is 28% below median its 10-year median of 18.72 and 94% above the Industrial Products industry median of 6.99. Zijin Longking Co's overall GF Score™ is 81/100 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 Zijin Longking Co (SHSE:600388), the current Return-on-Tangible-Equity is 13.56% as of Jun. 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 Zijin Longking Co (SHSE:600388) Overvalued in 2026?
Based on GuruFocus' analysis, Zijin Longking Co stock appears to be overvalued.
The current stock price of ¥19.01 is trading 26.6% above its estimated GF Value™ of ¥15.01.
GuruFocus considers Zijin Longking Co to be Modestly Overvalued.
Key valuation signals for SHSE:600388:
Return-on-Tangible-Equity: 13.56% (28% below median its 10-year median of 18.72)
GF Value™: ¥15.01 vs. price of ¥19.01 (26.6% above fair value)
Industry Position: 94% above the Industrial Products median (#789 of 2977)
No single metric tells the full story. See the SHSE:600388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fujian Longking Co Ltd is a atmospheric environmental protection equipment manufacturing company.It researches, develops, manufactures, and sells electrostatic precipitators, flue gas desulfuration units, air pollution control equipment, and other environmental protection products.
81GF Score
Get the complete analysis for SHSE:600388
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