Jiangxi Changyun Co (SHSE:600561) Return-on-Tangible-Equity: -485.28% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600561 Jiangxi Changyun Co Ltd SHSE:600561
44 GF Score
Price ¥4.64
GF Value ¥4.90
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Jiangxi Changyun Co Return-on-Tangible-Equity?

Jiangxi Changyun Co SHSE:600561 -2.32% 44 Return-on-Tangible-Equity is -485.28% as of Mar. 2026. GuruFocus rates SHSE:600561 with a GF Score™ of 44/100 and a GF Value™ of ¥4.90 (Fairly Valued). The stock has 5 warning signs investors should review. Among 979 Transportation companies, Jiangxi Changyun Co ranks better than 94.38% 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. Jiangxi Changyun Co's annualized net income for the quarter that ended in Mar. 2026 was ¥-112 Mil. Jiangxi Changyun Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥23 Mil. Therefore, Jiangxi Changyun Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -485.28%.

The historical rank and industry rank for Jiangxi Changyun Co's Return-on-Tangible-Equity or its related term are showing as below:

SHSE:600561' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -48.48   Med: 119.59   Max: 1219.86
Current: 1219.86

During the past 13 years, Jiangxi Changyun Co's highest Return-on-Tangible-Equity was 1,219.86%. The lowest was -48.48%. And the median was 119.59%.

SHSE:600561's Return-on-Tangible-Equity is ranked better than
94.38% of 979 companies
in the Transportation industry
Industry Median: 8.98 vs SHSE:600561: 1219.86

Jiangxi Changyun Co  (SHSE:600561) 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.


Jiangxi Changyun Co Return-on-Tangible-Equity Related Terms


Jiangxi Changyun Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Jiangxi Changyun 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.

Jiangxi Changyun Co Return-on-Tangible-Equity Chart

Jiangxi Changyun 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 Negative Tangible Equity 0.00 0.00 Negative Tangible Equity 287.65

Jiangxi Changyun 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 0.00 Negative Tangible Equity -2,944.71 737.41 -485.28

SHSE:600561 vs UNP, CSX, NSC: Return-on-Tangible-Equity Comparison

For the Railroads subindustry, Jiangxi Changyun 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.


Jiangxi Changyun Co Return-on-Tangible-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, Jiangxi Changyun Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Jiangxi Changyun Co's Return-on-Tangible-Equity falls into.


SHSE:600561
44GF Score
Jiangxi Changyun Co Ltd SHSE:600561
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangxi Changyun Co Return-on-Tangible-Equity Calculation

Jiangxi Changyun 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 )
=16.031/( (-21.715+32.861 )/ 2 )
=16.031/5.573
=287.65 %

Jiangxi Changyun 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 )
=-112.08/( (32.861+13.331)/ 2 )
=-112.08/23.096
=-485.28 %

* 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 -485.28% mean?
Jiangxi Changyun Co (SHSE:600561) has a Return-on-Tangible-Equity of -485.28% 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 Jiangxi Changyun Co and its competitors. According to the industry distribution chart, Jiangxi Changyun Co ranks #55 out of 979 companies in the Transportation industry, placing it in the top 5.6%.
Is Jiangxi Changyun Co's Return-on-Tangible-Equity too high?
Jiangxi Changyun Co's current Return-on-Tangible-Equity is -485.28%. Based on the distribution chart, Jiangxi Changyun Co ranks #55 out of 979 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangxi Changyun Co has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Changyun Co's Return-on-Tangible-Equity compare to UNP and CSX?
According to the Transportation industry distribution chart, Jiangxi Changyun Co ranks #55 out of 979 companies for Return-on-Tangible-Equity. This places Jiangxi Changyun Co in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.98. 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.98, based on 979 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 Jiangxi Changyun Co and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangxi Changyun Co's current Return-on-Tangible-Equity is -485.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Changyun Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangxi Changyun Co (SHSE:600561) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.90, compared to a current price of ¥4.64 — trading 5.3% below its estimated fair value. The current Return-on-Tangible-Equity is -485.28%. Jiangxi Changyun Co's overall GF Score™ is 44/100 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 Jiangxi Changyun Co (SHSE:600561), the current Return-on-Tangible-Equity is -485.28% 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 Jiangxi Changyun Co (SHSE:600561) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangxi Changyun Co stock appears to be undervalued. The current stock price of ¥4.64 is trading 5.3% below its estimated GF Value™ of ¥4.90. GuruFocus considers Jiangxi Changyun Co to be Fairly Valued.

Key valuation signals for SHSE:600561:

  • Return-on-Tangible-Equity: -485.28%
  • GF Value™: ¥4.90 vs. price of ¥4.64 (5.3% below fair value)
  • GF Score™: 44/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600561 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangxi Changyun Co Business Description

Address No. 1, Ping'an West 2nd Street, Honggutan New District, Nanchang, CHN, 330038
Jiangxi Changyun Co Ltd provides transportation services and is mainly engaged in the construction of road passenger and passenger stations. The company is also involved in the maintenance of the transport business, travel services, logistics, car rental, and property management. The company generates the majority of its revenue from road passenger transport business.
44GF Score

Get the complete analysis for SHSE:600561

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

¥4.64
Price
¥4.90
GF Value