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Guangdong Guanhao High-Tech CoSHSE:600433 +3.93%55 Return-on-Tangible-Equity is 18.40% as of Mar. 2026, which is 300% above its 10-year median of 4.60. GuruFocus rates SHSE:600433 with a GF Score™ of 55/100 and a GF Value™ of ¥3.40 (Fairly Valued). The stock has 7 warning signs investors should review. Among 280 Forest Products companies, Guangdong Guanhao High-Tech Co ranks worse than 70% 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. Guangdong Guanhao High-Tech Co's annualized net income for the quarter that ended in Mar. 2026 was ¥720 Mil. Guangdong Guanhao High-Tech Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥3,914 Mil. Therefore, Guangdong Guanhao High-Tech Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 18.40%.
The historical rank and industry rank for Guangdong Guanhao High-Tech Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600433'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.57 Med: 4.6 Max: 9.13
Current: -3.09
During the past 13 years, Guangdong Guanhao High-Tech Co's highest Return-on-Tangible-Equity was 9.13%. The lowest was -7.57%. And the median was 4.60%.
SHSE:600433's Return-on-Tangible-Equity is ranked worse than 70% of 280
companies
in the Forest Products industry
Industry Median: 2.2
vs SHSE:600433: -3.09
Guangdong Guanhao High-Tech Co (SHSE:600433) 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.
Guangdong Guanhao High-Tech Co Return-on-Tangible-Equity Related Terms
Guangdong Guanhao High-Tech 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.
Guangdong Guanhao High-Tech Co Return-on-Tangible-Equity Chart
Guangdong Guanhao High-Tech Co Return-on-Tangible-Equity Competitor Comparison
For the Paper & Paper Products subindustry, Guangdong Guanhao High-Tech 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.
Guangdong Guanhao High-Tech Co Return-on-Tangible-Equity vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Guangdong Guanhao High-Tech Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Guangdong Guanhao High-Tech 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 18.40% mean?
Guangdong Guanhao High-Tech Co (SHSE:600433) has a Return-on-Tangible-Equity of 18.40% 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 Guangdong Guanhao High-Tech Co and its competitors. This is 300% above median its historical median of 4.60. According to the industry distribution chart, Guangdong Guanhao High-Tech Co ranks #196 out of 280 companies in the Forest Products industry, placing it in the top 70%.
Is Guangdong Guanhao High-Tech Co's Return-on-Tangible-Equity too high?
Guangdong Guanhao High-Tech Co's current Return-on-Tangible-Equity of 18.40% is 300% above median its 10-year median of 4.60. The Forest Products industry median Return-on-Tangible-Equity is 2.20. Guangdong Guanhao High-Tech Co's value of 18.40% is 736.4% above this industry median. Based on the distribution chart, Guangdong Guanhao High-Tech Co ranks #196 out of 280 companies in the Forest Products industry, which is below the industry midpoint. Overall, Guangdong Guanhao High-Tech Co has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Guangdong Guanhao High-Tech Co's Return-on-Tangible-Equity compare to competitors?
According to the Forest Products industry distribution chart, Guangdong Guanhao High-Tech Co ranks #196 out of 280 companies for Return-on-Tangible-Equity. This places Guangdong Guanhao High-Tech Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 2.20. Guangdong Guanhao High-Tech Co's value of 18.40% is 736.4% above this benchmark. While the company's 10-year median is 4.60 vs. the industry median of 2.20, Guangdong Guanhao High-Tech 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.20, 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. Guangdong Guanhao High-Tech Co's current Return-on-Tangible-Equity of 18.40% is 736.4% 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 Guangdong Guanhao High-Tech Co and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangdong Guanhao High-Tech Co's current Return-on-Tangible-Equity is 18.40%, which is 300% above median its own 10-year median of 4.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Guanhao High-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Guangdong Guanhao High-Tech Co (SHSE:600433) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.40, compared to a current price of ¥3.17 — trading 6.8% below its estimated fair value. The current Return-on-Tangible-Equity is 18.40%, which is 300% above median its 10-year median of 4.60 and 736.4% above the Forest Products industry median of 2.20. Guangdong Guanhao High-Tech Co's overall GF Score™ is 55/100 with 7 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 Guangdong Guanhao High-Tech Co (SHSE:600433), the current Return-on-Tangible-Equity is 18.40% 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 Guangdong Guanhao High-Tech Co (SHSE:600433) Overvalued in 2026?
Based on GuruFocus' analysis, Guangdong Guanhao High-Tech Co stock appears to be undervalued.
The current stock price of ¥3.17 is trading 6.8% below its estimated GF Value™ of ¥3.40.
GuruFocus considers Guangdong Guanhao High-Tech Co to be Fairly Valued.
Key valuation signals for SHSE:600433:
Return-on-Tangible-Equity: 18.40% (300% above median its 10-year median of 4.60)
GF Value™: ¥3.40 vs. price of ¥3.17 (6.8% below fair value)
Industry Position: 736.4% above the Forest Products median (#196 of 280)
No single metric tells the full story. See the SHSE:600433 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guangdong Guanhao High-Tech Co Business Description
Guangdong Guanhao High-Tech Co Ltd is a China-based company engages in the paper production business. Its products include common carbonless copy paper, special purpose carbonless copy paper and other carbonless copy paper. Its thermal paper products are mainly used in the manufacturing of bills, tags, fax materials and others.
55GF Score
Get the complete analysis for SHSE:600433
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