Tianjin Benefo Tejing Electric Co (SHSE:600468) Return-on-Tangible-Equity: 5.30% (As of Mar. 2026) — Near Median

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SHSE:600468 Tianjin Benefo Tejing Electric Co Ltd SHSE:600468
55 GF Score
Price ¥5.75
GF Value ¥5.87
Valuation Fairly Valued
! 4 Warning Signs
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What is Tianjin Benefo Tejing Electric Co Return-on-Tangible-Equity?

Tianjin Benefo Tejing Electric Co SHSE:600468 +3.98% 55 Return-on-Tangible-Equity is 5.30% as of Mar. 2026, which is 7% above its 10-year median of 4.94. GuruFocus rates SHSE:600468 with a GF Score™ of 55/100 and a GF Value™ of ¥5.87 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,974 Industrial Products companies, Tianjin Benefo Tejing Electric Co ranks worse than 59.85% 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. Tianjin Benefo Tejing Electric Co's annualized net income for the quarter that ended in Mar. 2026 was ¥102 Mil. Tianjin Benefo Tejing Electric Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,926 Mil. Therefore, Tianjin Benefo Tejing Electric Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.30%.

The historical rank and industry rank for Tianjin Benefo Tejing Electric Co's Return-on-Tangible-Equity or its related term are showing as below:

SHSE:600468' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.23   Med: 4.94   Max: 8.11
Current: 4.36

During the past 13 years, Tianjin Benefo Tejing Electric Co's highest Return-on-Tangible-Equity was 8.11%. The lowest was -6.23%. And the median was 4.94%.

SHSE:600468's Return-on-Tangible-Equity is ranked worse than
59.85% of 2974 companies
in the Industrial Products industry
Industry Median: 6.775 vs SHSE:600468: 4.36

Tianjin Benefo Tejing Electric Co  (SHSE:600468) 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.


Tianjin Benefo Tejing Electric Co Return-on-Tangible-Equity Related Terms


Tianjin Benefo Tejing Electric Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Tianjin Benefo Tejing Electric Co's Return-on-Tangible-Equity can be seen below:

* 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.

Tianjin Benefo Tejing Electric Co Return-on-Tangible-Equity Chart

Tianjin Benefo Tejing Electric Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.17 7.81 7.19 -6.23 4.78

Tianjin Benefo Tejing Electric Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.01 5.37 5.48 1.32 5.30

SHSE:600468 vs VRT, BE: Return-on-Tangible-Equity Comparison

For the Electrical Equipment & Parts subindustry, Tianjin Benefo Tejing Electric 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.


Tianjin Benefo Tejing Electric Co Return-on-Tangible-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tianjin Benefo Tejing Electric Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Tianjin Benefo Tejing Electric Co's Return-on-Tangible-Equity falls into.


SHSE:600468
55GF Score
Tianjin Benefo Tejing Electric Co Ltd SHSE:600468
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Tianjin Benefo Tejing Electric Co Return-on-Tangible-Equity Calculation

Tianjin Benefo Tejing Electric Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=89.057/( (1803.331+1919.371 )/ 2 )
=89.057/1861.351
=4.78 %

Tianjin Benefo Tejing Electric Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=102.124/( (1919.371+1933.067)/ 2 )
=102.124/1926.219
=5.30 %

* 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 5.30% mean?
Tianjin Benefo Tejing Electric Co (SHSE:600468) has a Return-on-Tangible-Equity of 5.30% 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 Tianjin Benefo Tejing Electric Co and its competitors. This is near median its historical median of 4.94. According to the industry distribution chart, Tianjin Benefo Tejing Electric Co ranks #1780 out of 2974 companies in the Industrial Products industry, placing it in the top 59.9%.
Is Tianjin Benefo Tejing Electric Co's Return-on-Tangible-Equity too high?
Tianjin Benefo Tejing Electric Co's current Return-on-Tangible-Equity of 5.30% is near median its 10-year median of 4.94. The Industrial Products industry median Return-on-Tangible-Equity is 6.78. Tianjin Benefo Tejing Electric Co's value of 5.30% is 21.8% below this industry median. Based on the distribution chart, Tianjin Benefo Tejing Electric Co ranks #1780 out of 2974 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Tianjin Benefo Tejing Electric 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 Tianjin Benefo Tejing Electric Co's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Tianjin Benefo Tejing Electric Co ranks #1780 out of 2974 companies for Return-on-Tangible-Equity. This places Tianjin Benefo Tejing Electric Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.78. Tianjin Benefo Tejing Electric Co's value of 5.30% is 21.8% below this benchmark. While the company's 10-year median is 4.94 vs. the industry median of 6.78, Tianjin Benefo Tejing Electric 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.78, based on 2,974 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. Tianjin Benefo Tejing Electric Co's current Return-on-Tangible-Equity of 5.30% is 21.8% 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 Tianjin Benefo Tejing Electric Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianjin Benefo Tejing Electric Co's current Return-on-Tangible-Equity is 5.30%, which is near median its own 10-year median of 4.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin Benefo Tejing Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Tianjin Benefo Tejing Electric Co (SHSE:600468) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.87, compared to a current price of ¥5.75 — trading 2% below its estimated fair value. The current Return-on-Tangible-Equity is 5.30%, which is near median its 10-year median of 4.94 and 21.8% below the Industrial Products industry median of 6.78. Tianjin Benefo Tejing Electric Co's overall GF Score™ is 55/100 with 4 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 Tianjin Benefo Tejing Electric Co (SHSE:600468), the current Return-on-Tangible-Equity is 5.30% 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 Tianjin Benefo Tejing Electric Co (SHSE:600468) Overvalued in 2026?

Based on GuruFocus' analysis, Tianjin Benefo Tejing Electric Co stock appears to be undervalued. The current stock price of ¥5.75 is trading 2% below its estimated GF Value™ of ¥5.87. GuruFocus considers Tianjin Benefo Tejing Electric Co to be Fairly Valued.

Key valuation signals for SHSE:600468:

  • Return-on-Tangible-Equity: 5.30% (near median its 10-year median of 4.94)
  • GF Value™: ¥5.87 vs. price of ¥5.75 (2% below fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 21.8% below the Industrial Products median (#1780 of 2974)

No single metric tells the full story. See the SHSE:600468 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tianjin Benefo Tejing Electric Co Business Description

Address No. 12, Minhe Road, Xiqing Economic Development Zone, Tianjin, Tianjin, CHN, 300385
Tianjin Benefo Tejing Electric Co Ltd is engaged in the manufacture of transmission and distribution equipment, high and low-voltage electrical components, and electrical transmission and distribution equipment in China. The products include: high-power power electronic products SVG, SVC, used to stabilize system voltage and solve system voltage fluctuation problems; transmission system secondary control power connection products, used for high-voltage and ultra-high-voltage switch control system connection; distribution switch control equipment, used to provide distribution system solutions.
55GF Score

Get the complete analysis for SHSE:600468

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥5.75
Price
¥5.87
GF Value