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.
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.
Shanxi Guoxin EnergySHSE:600617 +10.03%56 Return-on-Tangible-Equity is 15.74% as of Mar. 2026, which is 1102% above its 10-year median of 1.31. GuruFocus rates SHSE:600617 with a GF Score™ of 56/100 and a GF Value™ of ¥2.87 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 944 Oil & Gas companies, Shanxi Guoxin Energy ranks worse than 76.91% 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. Shanxi Guoxin Energy's annualized net income for the quarter that ended in Mar. 2026 was ¥503 Mil. Shanxi Guoxin Energy's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥3,194 Mil. Therefore, Shanxi Guoxin Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.74%.
The historical rank and industry rank for Shanxi Guoxin Energy's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600617'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -23.31 Med: 1.31 Max: 10.72
Current: -8.15
During the past 13 years, Shanxi Guoxin Energy's highest Return-on-Tangible-Equity was 10.72%. The lowest was -23.31%. And the median was 1.31%.
SHSE:600617's Return-on-Tangible-Equity is ranked worse than 76.91% of 944
companies
in the Oil & Gas industry
Industry Median: 6.75
vs SHSE:600617: -8.15
Shanxi Guoxin Energy (SHSE:600617) 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.
Shanxi Guoxin Energy Return-on-Tangible-Equity Related Terms
Shanxi Guoxin Energy Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Shanxi Guoxin Energy'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.
Shanxi Guoxin Energy Return-on-Tangible-Equity Chart
SHSE:600617 vs WMB, EPD, KMI: Return-on-Tangible-Equity Comparison
For the Oil & Gas Midstream subindustry, Shanxi Guoxin Energy'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.
Shanxi Guoxin Energy Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Shanxi Guoxin Energy's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shanxi Guoxin Energy'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 15.74% mean?
Shanxi Guoxin Energy (SHSE:600617) has a Return-on-Tangible-Equity of 15.74% 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 Shanxi Guoxin Energy and its competitors. This is 1102% above median its historical median of 1.31. According to the industry distribution chart, Shanxi Guoxin Energy ranks #726 out of 944 companies in the Oil & Gas industry, placing it in the top 76.9%.
Is Shanxi Guoxin Energy's Return-on-Tangible-Equity too high?
Shanxi Guoxin Energy's current Return-on-Tangible-Equity of 15.74% is 1102% above median its 10-year median of 1.31. The Oil & Gas industry median Return-on-Tangible-Equity is 6.75. Shanxi Guoxin Energy's value of 15.74% is 133.2% above this industry median. Based on the distribution chart, Shanxi Guoxin Energy ranks #726 out of 944 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Shanxi Guoxin Energy has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanxi Guoxin Energy's Return-on-Tangible-Equity compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Shanxi Guoxin Energy ranks #726 out of 944 companies for Return-on-Tangible-Equity. This places Shanxi Guoxin Energy in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.75. Shanxi Guoxin Energy's value of 15.74% is 133.2% above this benchmark. While the company's 10-year median is 1.31 vs. the industry median of 6.75, Shanxi Guoxin Energy 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 an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.75, based on 944 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. Shanxi Guoxin Energy's current Return-on-Tangible-Equity of 15.74% is 133.2% 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 Shanxi Guoxin Energy and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanxi Guoxin Energy's current Return-on-Tangible-Equity is 15.74%, which is 1102% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Guoxin Energy stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Guoxin Energy (SHSE:600617) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.87, compared to a current price of ¥3.73 — trading 30% above its estimated fair value. The current Return-on-Tangible-Equity is 15.74%, which is 1102% above median its 10-year median of 1.31 and 133.2% above the Oil & Gas industry median of 6.75. Shanxi Guoxin Energy's overall GF Score™ is 56/100 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 Shanxi Guoxin Energy (SHSE:600617), the current Return-on-Tangible-Equity is 15.74% 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 Shanxi Guoxin Energy (SHSE:600617) Overvalued in 2026?
Based on GuruFocus' analysis, Shanxi Guoxin Energy stock appears to be overvalued.
The current stock price of ¥3.73 is trading 30% above its estimated GF Value™ of ¥2.87.
GuruFocus considers Shanxi Guoxin Energy to be Modestly Overvalued.
Key valuation signals for SHSE:600617:
Return-on-Tangible-Equity: 15.74% (1102% above median its 10-year median of 1.31)
GF Value™: ¥2.87 vs. price of ¥3.73 (30% above fair value)
Industry Position: 133.2% above the Oil & Gas median (#726 of 944)
No single metric tells the full story. See the SHSE:600617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600617 has been successfully added to your 
