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SHSE:600428'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.65 Med: 2.91 Max: 14.03
Current: 14.03
During the past 13 years, COSCO SHIPPING Specialized Carriers Co's highest Return-on-Tangible-Equity was 14.03%. The lowest was 0.65%. And the median was 2.91%.
SHSE:600428's Return-on-Tangible-Equity is ranked better than 58.55% of 977
companies
in the Transportation industry
Industry Median: 9.22
vs SHSE:600428: 14.03
COSCO SHIPPING Specialized Carriers Co (SHSE:600428) 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.
COSCO SHIPPING Specialized Carriers Co Return-on-Tangible-Equity Related Terms
COSCO SHIPPING Specialized Carriers 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.
COSCO SHIPPING Specialized Carriers Co Return-on-Tangible-Equity Chart
COSCO SHIPPING Specialized Carriers Co Annual Data
COSCO SHIPPING Specialized Carriers Co Return-on-Tangible-Equity Competitor Comparison
For the Marine Shipping subindustry, COSCO SHIPPING Specialized Carriers 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.
COSCO SHIPPING Specialized Carriers Co Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, COSCO SHIPPING Specialized Carriers Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where COSCO SHIPPING Specialized Carriers 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 22.89% mean?
COSCO SHIPPING Specialized Carriers Co (SHSE:600428) has a Return-on-Tangible-Equity of 22.89% 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 COSCO SHIPPING Specialized Carriers Co and its competitors. This is 687% above median its historical median of 2.91. Over the past decade, COSCO SHIPPING Specialized Carriers Co's Return-on-Tangible-Equity has ranged from 0.65 to 14.03. According to the industry distribution chart, COSCO SHIPPING Specialized Carriers Co ranks #405 out of 977 companies in the Transportation industry, placing it in the top 41.5%.
Is COSCO SHIPPING Specialized Carriers Co's Return-on-Tangible-Equity too high?
COSCO SHIPPING Specialized Carriers Co's current Return-on-Tangible-Equity of 22.89% is 687% above median its 10-year median of 2.91. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 14.03. The Transportation industry median Return-on-Tangible-Equity is 9.22. COSCO SHIPPING Specialized Carriers Co's value of 22.89% is 148.3% above this industry median. Based on the distribution chart, COSCO SHIPPING Specialized Carriers Co ranks #405 out of 977 companies in the Transportation industry, which is above the industry midpoint. Overall, COSCO SHIPPING Specialized Carriers Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does COSCO SHIPPING Specialized Carriers Co's Return-on-Tangible-Equity compare to competitors?
According to the Transportation industry distribution chart, COSCO SHIPPING Specialized Carriers Co ranks #405 out of 977 companies for Return-on-Tangible-Equity. This puts COSCO SHIPPING Specialized Carriers Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.22. COSCO SHIPPING Specialized Carriers Co's value of 22.89% is 148.3% above this benchmark. Historically, COSCO SHIPPING Specialized Carriers Co's own Return-on-Tangible-Equity has ranged from 0.65 to 14.03 over the past decade. While the company's 10-year median is 2.91 vs. the industry median of 9.22, COSCO SHIPPING Specialized Carriers 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 a Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.22, based on 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. COSCO SHIPPING Specialized Carriers Co's current Return-on-Tangible-Equity of 22.89% is 148.3% 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 COSCO SHIPPING Specialized Carriers Co and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. COSCO SHIPPING Specialized Carriers Co's current Return-on-Tangible-Equity is 22.89%, which is 687% above median its own 10-year median of 2.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COSCO SHIPPING Specialized Carriers Co stock overvalued right now?
Based on GuruFocus' analysis, COSCO SHIPPING Specialized Carriers Co (SHSE:600428) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥9.08, compared to a current price of ¥11.47 — trading 26.3% above its estimated fair value. The current Return-on-Tangible-Equity is 22.89%, which is 687% above median its 10-year median of 2.91 and 148.3% above the Transportation industry median of 9.22. COSCO SHIPPING Specialized Carriers Co's overall GF Score™ is 77/100 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 COSCO SHIPPING Specialized Carriers Co (SHSE:600428), the current Return-on-Tangible-Equity is 22.89% 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 COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Overvalued in 2026?
Based on GuruFocus' analysis, COSCO SHIPPING Specialized Carriers Co stock appears to be overvalued.
The current stock price of ¥11.47 is trading 26.3% above its estimated GF Value™ of ¥9.08.
GuruFocus considers COSCO SHIPPING Specialized Carriers Co to be Modestly Overvalued.
Key valuation signals for SHSE:600428:
Return-on-Tangible-Equity: 22.89% (687% above median its 10-year median of 2.91)
GF Value™: ¥9.08 vs. price of ¥11.47 (26.3% above fair value)
Industry Position: 148.3% above the Transportation median (#405 of 977)
No single metric tells the full story. See the SHSE:600428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
COSCO SHIPPING Specialized Carriers Co Ltd is mainly engaged in the multipurpose shipping business. It also offers specialized shipping services. The company's specialized shipping unit owns semisubmersible ships, heavy-lift ships, roll-on/roll-off vessels, and vehicle carriers. Parent company COSCO owns a 50.13% stake in COSCO Shipping. At the end of December 2010, COSCO Shipping owned 77 ships with a total shipping capacity of 1.3173 million deadweight tons.
77GF Score
Get the complete analysis for SHSE:600428
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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