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The historical rank and industry rank for Ningxia Buliding Materials Group Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600449'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.51 Med: 8.27 Max: 17.11
Current: 2.75
During the past 13 years, Ningxia Buliding Materials Group Co's highest Return-on-Tangible-Equity was 17.11%. The lowest was 1.51%. And the median was 8.27%.
SHSE:600449's Return-on-Tangible-Equity is ranked worse than 61.87% of 396
companies
in the Building Materials industry
Industry Median: 5.055
vs SHSE:600449: 2.75
Ningxia Buliding Materials Group Co (SHSE:600449) 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.
Ningxia Buliding Materials Group Co Return-on-Tangible-Equity Related Terms
Ningxia Buliding Materials Group 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.
Ningxia Buliding Materials Group Co Return-on-Tangible-Equity Chart
SHSE:600449 vs CRH, VMC, MLM: Return-on-Tangible-Equity Comparison
For the Building Materials subindustry, Ningxia Buliding Materials Group 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.
Ningxia Buliding Materials Group Co Return-on-Tangible-Equity vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Ningxia Buliding Materials Group Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ningxia Buliding Materials Group 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 -0.26% mean?
Ningxia Buliding Materials Group Co (SHSE:600449) has a Return-on-Tangible-Equity of -0.26% 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 Ningxia Buliding Materials Group Co and its competitors. Over the past decade, Ningxia Buliding Materials Group Co's Return-on-Tangible-Equity has ranged from 1.51 to 17.11. According to the industry distribution chart, Ningxia Buliding Materials Group Co ranks #245 out of 396 companies in the Building Materials industry, placing it in the top 61.9%.
Is Ningxia Buliding Materials Group Co's Return-on-Tangible-Equity too high?
Ningxia Buliding Materials Group Co's current Return-on-Tangible-Equity is -0.26%. Over the past 10 years, this metric has ranged from a low of 1.51 to a high of 17.11. Based on the distribution chart, Ningxia Buliding Materials Group Co ranks #245 out of 396 companies in the Building Materials industry, which is below the industry midpoint. Overall, Ningxia Buliding Materials Group Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningxia Buliding Materials Group Co's Return-on-Tangible-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, Ningxia Buliding Materials Group Co ranks #245 out of 396 companies for Return-on-Tangible-Equity. This places Ningxia Buliding Materials Group Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.06. Historically, Ningxia Buliding Materials Group Co's own Return-on-Tangible-Equity has ranged from 1.51 to 17.11 over the past decade. 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 Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.06, based on 396 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. 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 Ningxia Buliding Materials Group Co and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningxia Buliding Materials Group Co's current Return-on-Tangible-Equity is -0.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningxia Buliding Materials Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningxia Buliding Materials Group Co (SHSE:600449) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.34, compared to a current price of ¥11.83 — trading 61.2% above its estimated fair value. The current Return-on-Tangible-Equity is -0.26%. Ningxia Buliding Materials Group Co's overall GF Score™ is 64/100 with 6 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 Ningxia Buliding Materials Group Co (SHSE:600449), the current Return-on-Tangible-Equity is -0.26% 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 Ningxia Buliding Materials Group Co (SHSE:600449) Overvalued in 2026?
Based on GuruFocus' analysis, Ningxia Buliding Materials Group Co stock appears to be overvalued.
The current stock price of ¥11.83 is trading 61.2% above its estimated GF Value™ of ¥7.34.
GuruFocus considers Ningxia Buliding Materials Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:600449:
Return-on-Tangible-Equity: -0.26%
GF Value™: ¥7.34 vs. price of ¥11.83 (61.2% above fair value)
No single metric tells the full story. See the SHSE:600449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningxia Buliding Materials Group Co Business Description
Ningxia Buliding Materials Group Co Ltd is engaged in research and development, production, sales, technical services and management services of cement, cement products, cement clinker, commercial concrete and related products. The company also engaged in import and export business of building materials products and related technology import and export business Production and sales of fly ash.
64GF Score
Get the complete analysis for SHSE:600449
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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