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Lingyun IndustrialSHSE:600480 +0.96%68 Return-on-Tangible-Equity is 7.86% as of Mar. 2026, which is 7% above its 10-year median of 7.36. GuruFocus rates SHSE:600480 with a GF Score™ of 68/100 and a GF Value™ of ¥9.20 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,281 Vehicles & Parts companies, Lingyun Industrial ranks better than 59.64% 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. Lingyun Industrial's annualized net income for the quarter that ended in Mar. 2026 was ¥614 Mil. Lingyun Industrial's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥7,802 Mil. Therefore, Lingyun Industrial's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.86%.
The historical rank and industry rank for Lingyun Industrial's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600480'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.78 Med: 7.36 Max: 11.26
Current: 10.2
During the past 13 years, Lingyun Industrial's highest Return-on-Tangible-Equity was 11.26%. The lowest was -1.78%. And the median was 7.36%.
SHSE:600480's Return-on-Tangible-Equity is ranked better than 59.64% of 1281
companies
in the Vehicles & Parts industry
Industry Median: 7.58
vs SHSE:600480: 10.20
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.
Lingyun Industrial Return-on-Tangible-Equity Related Terms
Lingyun Industrial Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Lingyun Industrial'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.
SHSE:600480 vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Lingyun Industrial'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.
Lingyun Industrial Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Lingyun Industrial's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lingyun Industrial'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 7.86% mean?
Lingyun Industrial (SHSE:600480) has a Return-on-Tangible-Equity of 7.86% 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 Lingyun Industrial and its competitors. This is near median its historical median of 7.36. According to the industry distribution chart, Lingyun Industrial ranks #517 out of 1281 companies in the Vehicles & Parts industry, placing it in the top 40.4%.
Is Lingyun Industrial's Return-on-Tangible-Equity too high?
Lingyun Industrial's current Return-on-Tangible-Equity of 7.86% is near median its 10-year median of 7.36. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.58. Lingyun Industrial's value of 7.86% is 3.7% above this industry median. Based on the distribution chart, Lingyun Industrial ranks #517 out of 1281 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Lingyun Industrial has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lingyun Industrial's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Lingyun Industrial ranks #517 out of 1281 companies for Return-on-Tangible-Equity. This puts Lingyun Industrial in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.58. Lingyun Industrial's value of 7.86% is 3.7% above this benchmark. While the company's 10-year median is 7.36 vs. the industry median of 7.58, Lingyun Industrial 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.58, based on 1,281 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. Lingyun Industrial's current Return-on-Tangible-Equity of 7.86% is 3.7% 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 Lingyun Industrial and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lingyun Industrial's current Return-on-Tangible-Equity is 7.86%, which is near median its own 10-year median of 7.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lingyun Industrial stock overvalued right now?
Based on GuruFocus' analysis, Lingyun Industrial (SHSE:600480) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.20, compared to a current price of ¥8.40 — trading 8.7% below its estimated fair value. The current Return-on-Tangible-Equity is 7.86%, which is near median its 10-year median of 7.36 and 3.7% above the Vehicles & Parts industry median of 7.58. Lingyun Industrial's overall GF Score™ is 68/100 with 2 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 Lingyun Industrial (SHSE:600480), the current Return-on-Tangible-Equity is 7.86% 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 Lingyun Industrial (SHSE:600480) Overvalued in 2026?
Based on GuruFocus' analysis, Lingyun Industrial stock appears to be undervalued.
The current stock price of ¥8.40 is trading 8.7% below its estimated GF Value™ of ¥9.20.
GuruFocus considers Lingyun Industrial to be Fairly Valued.
Key valuation signals for SHSE:600480:
Return-on-Tangible-Equity: 7.86% (near median its 10-year median of 7.36)
GF Value™: ¥9.20 vs. price of ¥8.40 (8.7% below fair value)
Industry Position: 3.7% above the Vehicles & Parts median (#517 of 1281)
No single metric tells the full story. See the SHSE:600480 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lingyun Industrial Corp Ltd is a China-based company engaged in the production and distribution of metal auto parts, plastic auto parts, and PE pipe system. The company's main products include Battery case, Injection welding pipe fittings, Pipe products, Electric heating pipe fittings, PP winding tube, Decorative seal, Car decoration and Car rubber and nylon pipe.
68GF Score
Get the complete analysis for SHSE:600480
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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