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SHSE:600458'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.16 Med: 7.15 Max: 8.03
Current: 7.28
During the past 13 years, Zhuzhou Times New Materials Technology Co's highest Return-on-Tangible-Equity was 8.03%. The lowest was -11.16%. And the median was 7.15%.
SHSE:600458's Return-on-Tangible-Equity is ranked worse than 51.45% of 550
companies
in the Conglomerates industry
Industry Median: 7.465
vs SHSE:600458: 7.28
Zhuzhou Times New Materials Technology Co (SHSE:600458) 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.
Zhuzhou Times New Materials Technology Co Return-on-Tangible-Equity Related Terms
Zhuzhou Times New Materials Technology 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.
Zhuzhou Times New Materials Technology Co Return-on-Tangible-Equity Chart
Zhuzhou Times New Materials Technology Co Annual Data
SHSE:600458 vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Zhuzhou Times New Materials Technology 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.
Zhuzhou Times New Materials Technology Co Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Zhuzhou Times New Materials Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zhuzhou Times New Materials Technology 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 8.33% mean?
Zhuzhou Times New Materials Technology Co (SHSE:600458) has a Return-on-Tangible-Equity of 8.33% 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 Zhuzhou Times New Materials Technology Co and its competitors. This is 17% above median its historical median of 7.15. According to the industry distribution chart, Zhuzhou Times New Materials Technology Co ranks #283 out of 550 companies in the Conglomerates industry, placing it in the top 51.5%.
Is Zhuzhou Times New Materials Technology Co's Return-on-Tangible-Equity too high?
Zhuzhou Times New Materials Technology Co's current Return-on-Tangible-Equity of 8.33% is 17% above median its 10-year median of 7.15. The Conglomerates industry median Return-on-Tangible-Equity is 7.47. Zhuzhou Times New Materials Technology Co's value of 8.33% is 11.6% above this industry median. Based on the distribution chart, Zhuzhou Times New Materials Technology Co ranks #283 out of 550 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Zhuzhou Times New Materials Technology Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhuzhou Times New Materials Technology Co's Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, Zhuzhou Times New Materials Technology Co ranks #283 out of 550 companies for Return-on-Tangible-Equity. This places Zhuzhou Times New Materials Technology Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.47. Zhuzhou Times New Materials Technology Co's value of 8.33% is 11.6% above this benchmark. While the company's 10-year median is 7.15 vs. the industry median of 7.47, Zhuzhou Times New Materials Technology 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.47, based on 550 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. Zhuzhou Times New Materials Technology Co's current Return-on-Tangible-Equity of 8.33% is 11.6% 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 Zhuzhou Times New Materials Technology Co and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhuzhou Times New Materials Technology Co's current Return-on-Tangible-Equity is 8.33%, which is 17% above median its own 10-year median of 7.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhuzhou Times New Materials Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhuzhou Times New Materials Technology Co (SHSE:600458) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.13, compared to a current price of ¥10.20 — trading 22.3% below its estimated fair value. The current Return-on-Tangible-Equity is 8.33%, which is 17% above median its 10-year median of 7.15 and 11.6% above the Conglomerates industry median of 7.47. Zhuzhou Times New Materials Technology Co's overall GF Score™ is 83/100 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 Zhuzhou Times New Materials Technology Co (SHSE:600458), the current Return-on-Tangible-Equity is 8.33% 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 Zhuzhou Times New Materials Technology Co (SHSE:600458) Overvalued in 2026?
Based on GuruFocus' analysis, Zhuzhou Times New Materials Technology Co stock appears to be undervalued.
The current stock price of ¥10.20 is trading 22.3% below its estimated GF Value™ of ¥13.13.
GuruFocus considers Zhuzhou Times New Materials Technology Co to be Modestly Undervalued.
Key valuation signals for SHSE:600458:
Return-on-Tangible-Equity: 8.33% (17% above median its 10-year median of 7.15)
GF Value™: ¥13.13 vs. price of ¥10.20 (22.3% below fair value)
Industry Position: 11.6% above the Conglomerates median (#283 of 550)
No single metric tells the full story. See the SHSE:600458 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhuzhou Times New Materials Technology Co Business Description
Zhuzhou Times New Materials Technology Co Ltd is a China-based company mainly engaged in the research and development and engineering application of polymer materials such as vibration reduction, noise reduction, and lightweight. Its products are extended to rubber, plastics, composite materials and functional materials, mainly for rail transportation, automobiles, new energy and Special equipment and other fields.
83GF Score
Get the complete analysis for SHSE:600458
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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