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Hebei Hengshui Laobaigan Liquor CoSHSE:600559 -2.56%87 Return-on-Tangible-Equity is 16.65% as of Mar. 2026, which is 16% below its 10-year median of 19.88. GuruFocus rates SHSE:600559 with a GF Score™ of 87/100 and a GF Value™ of ¥14.85 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 200 Beverages - Alcoholic companies, Hebei Hengshui Laobaigan Liquor Co ranks better than 59% on this metric.
The historical rank and industry rank for Hebei Hengshui Laobaigan Liquor Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600559'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.63 Med: 19.88 Max: 27.57
Current: 11.29
During the past 13 years, Hebei Hengshui Laobaigan Liquor Co's highest Return-on-Tangible-Equity was 27.57%. The lowest was 7.63%. And the median was 19.88%.
SHSE:600559's Return-on-Tangible-Equity is ranked better than 59% of 200
companies
in the Beverages - Alcoholic industry
Industry Median: 8.51
vs SHSE:600559: 11.29
Hebei Hengshui Laobaigan Liquor Co (SHSE:600559) 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.
Hebei Hengshui Laobaigan Liquor Co Return-on-Tangible-Equity Related Terms
Hebei Hengshui Laobaigan Liquor 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.
Hebei Hengshui Laobaigan Liquor Co Return-on-Tangible-Equity Chart
SHSE:600559 vs BF.B: Return-on-Tangible-Equity Comparison
For the Beverages - Wineries & Distilleries subindustry, Hebei Hengshui Laobaigan Liquor 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.
Hebei Hengshui Laobaigan Liquor Co Return-on-Tangible-Equity vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Hebei Hengshui Laobaigan Liquor Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hebei Hengshui Laobaigan Liquor 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 16.65% mean?
Hebei Hengshui Laobaigan Liquor Co (SHSE:600559) has a Return-on-Tangible-Equity of 16.65% 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 Hebei Hengshui Laobaigan Liquor Co and its competitors. This is 16% below median its historical median of 19.88. Over the past decade, Hebei Hengshui Laobaigan Liquor Co's Return-on-Tangible-Equity has ranged from 7.63 to 27.57. According to the industry distribution chart, Hebei Hengshui Laobaigan Liquor Co ranks #82 out of 200 companies in the Beverages - Alcoholic industry, placing it in the top 41%.
Is Hebei Hengshui Laobaigan Liquor Co's Return-on-Tangible-Equity too high?
Hebei Hengshui Laobaigan Liquor Co's current Return-on-Tangible-Equity of 16.65% is 16% below median its 10-year median of 19.88. Over the past 10 years, this metric has ranged from a low of 7.63 to a high of 27.57. The Beverages - Alcoholic industry median Return-on-Tangible-Equity is 8.51. Hebei Hengshui Laobaigan Liquor Co's value of 16.65% is 95.7% above this industry median. Based on the distribution chart, Hebei Hengshui Laobaigan Liquor Co ranks #82 out of 200 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Hebei Hengshui Laobaigan Liquor Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hebei Hengshui Laobaigan Liquor Co's Return-on-Tangible-Equity compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Hebei Hengshui Laobaigan Liquor Co ranks #82 out of 200 companies for Return-on-Tangible-Equity. This puts Hebei Hengshui Laobaigan Liquor Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.51. Hebei Hengshui Laobaigan Liquor Co's value of 16.65% is 95.7% above this benchmark. Historically, Hebei Hengshui Laobaigan Liquor Co's own Return-on-Tangible-Equity has ranged from 7.63 to 27.57 over the past decade. While the company's 10-year median is 19.88 vs. the industry median of 8.51, Hebei Hengshui Laobaigan Liquor 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 Beverages - Alcoholic company?
The median Return-on-Tangible-Equity among Beverages - Alcoholic companies is 8.51, based on 200 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. Hebei Hengshui Laobaigan Liquor Co's current Return-on-Tangible-Equity of 16.65% is 95.7% 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 Hebei Hengshui Laobaigan Liquor Co and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Equity is 8.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hebei Hengshui Laobaigan Liquor Co's current Return-on-Tangible-Equity is 16.65%, which is 16% below median its own 10-year median of 19.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hebei Hengshui Laobaigan Liquor Co stock overvalued right now?
Based on GuruFocus' analysis, Hebei Hengshui Laobaigan Liquor Co (SHSE:600559) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.85, compared to a current price of ¥11.44 — trading 23% below its estimated fair value. The current Return-on-Tangible-Equity is 16.65%, which is 16% below median its 10-year median of 19.88 and 95.7% above the Beverages - Alcoholic industry median of 8.51. Hebei Hengshui Laobaigan Liquor Co's overall GF Score™ is 87/100 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 Hebei Hengshui Laobaigan Liquor Co (SHSE:600559), the current Return-on-Tangible-Equity is 16.65% 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 Hebei Hengshui Laobaigan Liquor Co (SHSE:600559) Overvalued in 2026?
Based on GuruFocus' analysis, Hebei Hengshui Laobaigan Liquor Co stock appears to be undervalued.
The current stock price of ¥11.44 is trading 23% below its estimated GF Value™ of ¥14.85.
GuruFocus considers Hebei Hengshui Laobaigan Liquor Co to be Modestly Undervalued.
Key valuation signals for SHSE:600559:
Return-on-Tangible-Equity: 16.65% (16% below median its 10-year median of 19.88)
GF Value™: ¥14.85 vs. price of ¥11.44 (23% below fair value)
Industry Position: 95.7% above the Beverages - Alcoholic median (#82 of 200)
No single metric tells the full story. See the SHSE:600559 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hebei Hengshui Laobaigan Liquor Co Business Description
Hebei Hengshui Laobaigan Liquor Co Ltd is engaged in the brewing industry. It is a manufacturer in the white liquor industry in China. The company's products include Hengshui old white and Eighteen White Square and 67 degrees.
87GF Score
Get the complete analysis for SHSE:600559
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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