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Jiangsu Hongdou Industry CoSHSE:600400 +0.38%56 Return-on-Tangible-Equity is 1.71% as of Mar. 2026, which is 47% below its 10-year median of 3.20. GuruFocus rates SHSE:600400 with a GF Score™ of 56/100 and a GF Value™ of ¥2.32 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Jiangsu Hongdou Industry Co ranks worse than 91.14% 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. Jiangsu Hongdou Industry Co's annualized net income for the quarter that ended in Mar. 2026 was ¥22 Mil. Jiangsu Hongdou Industry Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,309 Mil. Therefore, Jiangsu Hongdou Industry Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.71%.
The historical rank and industry rank for Jiangsu Hongdou Industry Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600400'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -22.4 Med: 3.2 Max: 14.46
Current: -20.53
During the past 13 years, Jiangsu Hongdou Industry Co's highest Return-on-Tangible-Equity was 14.46%. The lowest was -22.40%. And the median was 3.20%.
SHSE:600400's Return-on-Tangible-Equity is ranked worse than 91.14% of 1016
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs SHSE:600400: -20.53
Jiangsu Hongdou Industry Co (SHSE:600400) 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.
Jiangsu Hongdou Industry Co Return-on-Tangible-Equity Related Terms
Jiangsu Hongdou Industry 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.
Jiangsu Hongdou Industry Co Return-on-Tangible-Equity Chart
SHSE:600400 vs RL, LEVI, VFC: Return-on-Tangible-Equity Comparison
For the Apparel Manufacturing subindustry, Jiangsu Hongdou Industry 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.
Jiangsu Hongdou Industry Co Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jiangsu Hongdou Industry Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Jiangsu Hongdou Industry 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 1.71% mean?
Jiangsu Hongdou Industry Co (SHSE:600400) has a Return-on-Tangible-Equity of 1.71% 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 Jiangsu Hongdou Industry Co and its competitors. This is 47% below median its historical median of 3.20. According to the industry distribution chart, Jiangsu Hongdou Industry Co ranks #926 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 91.1%.
Is Jiangsu Hongdou Industry Co's Return-on-Tangible-Equity too high?
Jiangsu Hongdou Industry Co's current Return-on-Tangible-Equity of 1.71% is 47% below median its 10-year median of 3.20. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Jiangsu Hongdou Industry Co's value of 1.71% is 61.4% below this industry median. Based on the distribution chart, Jiangsu Hongdou Industry Co ranks #926 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Jiangsu Hongdou Industry Co has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Hongdou Industry Co's Return-on-Tangible-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Jiangsu Hongdou Industry Co ranks #926 out of 1016 companies for Return-on-Tangible-Equity. This places Jiangsu Hongdou Industry Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.43. Jiangsu Hongdou Industry Co's value of 1.71% is 61.4% below this benchmark. While the company's 10-year median is 3.20 vs. the industry median of 4.43, Jiangsu Hongdou Industry 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,016 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. Jiangsu Hongdou Industry Co's current Return-on-Tangible-Equity of 1.71% is 61.4% 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 Jiangsu Hongdou Industry Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Hongdou Industry Co's current Return-on-Tangible-Equity is 1.71%, which is 47% below median its own 10-year median of 3.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Hongdou Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Hongdou Industry Co (SHSE:600400) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.32, compared to a current price of ¥2.67 — trading 15.1% above its estimated fair value. The current Return-on-Tangible-Equity is 1.71%, which is 47% below median its 10-year median of 3.20 and 61.4% below the Manufacturing - Apparel & Accessories industry median of 4.43. Jiangsu Hongdou Industry Co's overall GF Score™ is 56/100 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 Jiangsu Hongdou Industry Co (SHSE:600400), the current Return-on-Tangible-Equity is 1.71% 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 Jiangsu Hongdou Industry Co (SHSE:600400) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Hongdou Industry Co stock appears to be overvalued.
The current stock price of ¥2.67 is trading 15.1% above its estimated GF Value™ of ¥2.32.
GuruFocus considers Jiangsu Hongdou Industry Co to be Modestly Overvalued.
Key valuation signals for SHSE:600400:
Return-on-Tangible-Equity: 1.71% (47% below median its 10-year median of 3.20)
GF Value™: ¥2.32 vs. price of ¥2.67 (15.1% above fair value)
Industry Position: 61.4% below the Manufacturing - Apparel & Accessories median (#926 of 1016)
No single metric tells the full story. See the SHSE:600400 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Hongdou Industry Co Ltd produces and sells clothing, knitwear and nylon yarn. It is also involved in design, development, and sales of smart wearable devices; shoes, hats, and leather goods , Luggage, eyewear; sales of sanitary ware, daily necessities, cosmetics, hygiene products, stationery, sporting goods, arts and crafts, food, household appliances, electronics, furniture, props, lamps, audio equipment; and books and periodicals.
56GF Score
Get the complete analysis for SHSE:600400
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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