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Lao Feng Xiang CoSHSE:600612 +1.00%63 Return-on-Tangible-Equity is 16.36% as of Mar. 2026, which is 22% below its 10-year median of 21.10. GuruFocus rates SHSE:600612 with a GF Score™ of 63/100 and a GF Value™ of ¥44.59 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,065 Retail - Cyclical companies, Lao Feng Xiang Co ranks better than 60.19% 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. Lao Feng Xiang Co's annualized net income for the quarter that ended in Mar. 2026 was ¥2,188 Mil. Lao Feng Xiang Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥13,372 Mil. Therefore, Lao Feng Xiang Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.36%.
The historical rank and industry rank for Lao Feng Xiang Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600612'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.91 Med: 21.1 Max: 22.52
Current: 12.91
During the past 13 years, Lao Feng Xiang Co's highest Return-on-Tangible-Equity was 22.52%. The lowest was 12.91%. And the median was 21.10%.
SHSE:600612's Return-on-Tangible-Equity is ranked better than 60.19% of 1065
companies
in the Retail - Cyclical industry
Industry Median: 8.45
vs SHSE:600612: 12.91
Lao Feng Xiang Co (SHSE:600612) 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.
Lao Feng Xiang Co Return-on-Tangible-Equity Related Terms
Lao Feng Xiang Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Lao Feng Xiang 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.
SHSE:600612 vs TPR: Return-on-Tangible-Equity Comparison
For the Luxury Goods subindustry, Lao Feng Xiang 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.
Lao Feng Xiang Co Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Lao Feng Xiang Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lao Feng Xiang 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 16.36% mean?
Lao Feng Xiang Co (SHSE:600612) has a Return-on-Tangible-Equity of 16.36% 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 Lao Feng Xiang Co and its competitors. This is 22% below median its historical median of 21.10. Over the past decade, Lao Feng Xiang Co's Return-on-Tangible-Equity has ranged from 12.91 to 22.52. According to the industry distribution chart, Lao Feng Xiang Co ranks #424 out of 1065 companies in the Retail - Cyclical industry, placing it in the top 39.8%.
Is Lao Feng Xiang Co's Return-on-Tangible-Equity too high?
Lao Feng Xiang Co's current Return-on-Tangible-Equity of 16.36% is 22% below median its 10-year median of 21.10. Over the past 10 years, this metric has ranged from a low of 12.91 to a high of 22.52. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.45. Lao Feng Xiang Co's value of 16.36% is 93.6% above this industry median. Based on the distribution chart, Lao Feng Xiang Co ranks #424 out of 1065 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Lao Feng Xiang Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lao Feng Xiang Co's Return-on-Tangible-Equity compare to TPR?
According to the Retail - Cyclical industry distribution chart, Lao Feng Xiang Co ranks #424 out of 1065 companies for Return-on-Tangible-Equity. This puts Lao Feng Xiang Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.45. Lao Feng Xiang Co's value of 16.36% is 93.6% above this benchmark. Historically, Lao Feng Xiang Co's own Return-on-Tangible-Equity has ranged from 12.91 to 22.52 over the past decade. While the company's 10-year median is 21.10 vs. the industry median of 8.45, Lao Feng Xiang 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.45, based on 1,065 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. Lao Feng Xiang Co's current Return-on-Tangible-Equity of 16.36% is 93.6% 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 Lao Feng Xiang Co and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lao Feng Xiang Co's current Return-on-Tangible-Equity is 16.36%, which is 22% below median its own 10-year median of 21.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lao Feng Xiang Co stock overvalued right now?
Based on GuruFocus' analysis, Lao Feng Xiang Co (SHSE:600612) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥44.59, compared to a current price of ¥34.19 — trading 23.3% below its estimated fair value. The current Return-on-Tangible-Equity is 16.36%, which is 22% below median its 10-year median of 21.10 and 93.6% above the Retail - Cyclical industry median of 8.45. Lao Feng Xiang Co's overall GF Score™ is 63/100 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 Lao Feng Xiang Co (SHSE:600612), the current Return-on-Tangible-Equity is 16.36% 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 Lao Feng Xiang Co (SHSE:600612) Overvalued in 2026?
Based on GuruFocus' analysis, Lao Feng Xiang Co stock appears to be undervalued.
The current stock price of ¥34.19 is trading 23.3% below its estimated GF Value™ of ¥44.59.
GuruFocus considers Lao Feng Xiang Co to be Modestly Undervalued.
Key valuation signals for SHSE:600612:
Return-on-Tangible-Equity: 16.36% (22% below median its 10-year median of 21.10)
GF Value™: ¥44.59 vs. price of ¥34.19 (23.3% below fair value)
Industry Position: 93.6% above the Retail - Cyclical median (#424 of 1065)
No single metric tells the full story. See the SHSE:600612 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lao Feng Xiang Co Ltd is engaged in the manufacture and sale of gold jewelry. It is also engaged in the manufacture and distribution of gold arts and crafts, and other related products.
63GF Score
Get the complete analysis for SHSE:600612
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