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SHSE:600506's Return-on-Tangible-Equity is ranked better than 99.95% of 1880
companies
in the Consumer Packaged Goods industry
Industry Median: 7.845
vs SHSE:600506: Negative Tangible Equity
Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) 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.
Tongyi Carbon Neutral Energy (Xinjiang) Co Return-on-Tangible-Equity Related Terms
Tongyi Carbon Neutral Energy (Xinjiang) 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.
Tongyi Carbon Neutral Energy (Xinjiang) Co Return-on-Tangible-Equity Chart
Tongyi Carbon Neutral Energy (Xinjiang) Co Annual Data
SHSE:600506 vs ADM, BG, TSN: Return-on-Tangible-Equity Comparison
For the Farm Products subindustry, Tongyi Carbon Neutral Energy (Xinjiang) 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.
Tongyi Carbon Neutral Energy (Xinjiang) Co Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Tongyi Carbon Neutral Energy (Xinjiang) Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tongyi Carbon Neutral Energy (Xinjiang) 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 Negative Tangible Equity% mean?
Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Tongyi Carbon Neutral Energy (Xinjiang) Co and its competitors. According to the industry distribution chart, Tongyi Carbon Neutral Energy (Xinjiang) Co ranks #1 out of 1880 companies in the Consumer Packaged Goods industry, placing it in the top 0.099999999999994%.
Is Tongyi Carbon Neutral Energy (Xinjiang) Co's Return-on-Tangible-Equity too high?
Tongyi Carbon Neutral Energy (Xinjiang) Co's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Tongyi Carbon Neutral Energy (Xinjiang) Co ranks #1 out of 1880 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Tongyi Carbon Neutral Energy (Xinjiang) Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tongyi Carbon Neutral Energy (Xinjiang) Co's Return-on-Tangible-Equity compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Tongyi Carbon Neutral Energy (Xinjiang) Co ranks #1 out of 1880 companies for Return-on-Tangible-Equity. This places Tongyi Carbon Neutral Energy (Xinjiang) Co in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.85. 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.85, based on 1,880 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 Tongyi Carbon Neutral Energy (Xinjiang) Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tongyi Carbon Neutral Energy (Xinjiang) Co's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongyi Carbon Neutral Energy (Xinjiang) Co stock overvalued right now?
Based on GuruFocus' analysis, Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.08, compared to a current price of ¥13.62 — trading 3.3% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Tongyi Carbon Neutral Energy (Xinjiang) Co's overall GF Score™ is 64/100 with 3 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 Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Overvalued in 2026?
Based on GuruFocus' analysis, Tongyi Carbon Neutral Energy (Xinjiang) Co stock appears to be undervalued.
The current stock price of ¥13.62 is trading 3.3% below its estimated GF Value™ of ¥14.08.
GuruFocus considers Tongyi Carbon Neutral Energy (Xinjiang) Co to be Fairly Valued.
No single metric tells the full story. See the SHSE:600506 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tongyi Carbon Neutral Energy (Xinjiang) Co Business Description
Tongyi Carbon Neutral Energy (Xinjiang) Co Ltd is in the business of researching, developing, producing, and sales of lubricating greases. Depending on their application, the company's products include Traditional lubricating oils and liquid cooling and specialty greases for the new energy industry, namely those for transportation, industrial manufacturing and power, construction machinery, and mining. The company provides liquid cooling and specialty grease products to customers in industries such as power piles, renewable energy, and energy storage.
64GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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