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China Security CoSHSE:600654 -0.71%52 Return-on-Tangible-Equity is 8.59% as of Mar. 2026, which is 105% above its 10-year median of 4.20. GuruFocus rates SHSE:600654 with a GF Score™ of 52/100 and a GF Value™ of ¥2.87 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,007 Business Services companies, China Security Co ranks worse than 65.14% 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. China Security Co's annualized net income for the quarter that ended in Mar. 2026 was ¥113 Mil. China Security Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,322 Mil. Therefore, China Security Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.59%.
The historical rank and industry rank for China Security Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600654'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -184.67 Med: 4.2 Max: 17.35
Current: 5.53
During the past 13 years, China Security Co's highest Return-on-Tangible-Equity was 17.35%. The lowest was -184.67%. And the median was 4.20%.
SHSE:600654's Return-on-Tangible-Equity is ranked worse than 65.14% of 1007
companies
in the Business Services industry
Industry Median: 10.71
vs SHSE:600654: 5.53
China Security Co (SHSE:600654) 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.
China Security Co Return-on-Tangible-Equity Related Terms
China Security Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for China Security 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:600654 vs ALLE, MSA, ADT: Return-on-Tangible-Equity Comparison
For the Security & Protection Services subindustry, China Security 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.
China Security Co Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, China Security Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where China Security 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 8.59% mean?
China Security Co (SHSE:600654) has a Return-on-Tangible-Equity of 8.59% 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 China Security Co and its competitors. This is 105% above median its historical median of 4.20. According to the industry distribution chart, China Security Co ranks #656 out of 1007 companies in the Business Services industry, placing it in the top 65.1%.
Is China Security Co's Return-on-Tangible-Equity too high?
China Security Co's current Return-on-Tangible-Equity of 8.59% is 105% above median its 10-year median of 4.20. The Business Services industry median Return-on-Tangible-Equity is 10.71. China Security Co's value of 8.59% is 19.8% below this industry median. Based on the distribution chart, China Security Co ranks #656 out of 1007 companies in the Business Services industry, which is below the industry midpoint. Overall, China Security Co has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Security Co's Return-on-Tangible-Equity compare to ALLE and MSA?
According to the Business Services industry distribution chart, China Security Co ranks #656 out of 1007 companies for Return-on-Tangible-Equity. This places China Security Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.71. China Security Co's value of 8.59% is 19.8% below this benchmark. While the company's 10-year median is 4.20 vs. the industry median of 10.71, China Security Co has consistently been below 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.71, based on 1,007 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. China Security Co's current Return-on-Tangible-Equity of 8.59% is 19.8% below 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 China Security Co and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Security Co's current Return-on-Tangible-Equity is 8.59%, which is 105% above median its own 10-year median of 4.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Security Co stock overvalued right now?
Based on GuruFocus' analysis, China Security Co (SHSE:600654) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.87, compared to a current price of ¥2.79 — trading 2.8% below its estimated fair value. The current Return-on-Tangible-Equity is 8.59%, which is 105% above median its 10-year median of 4.20 and 19.8% below the Business Services industry median of 10.71. China Security Co's overall GF Score™ is 52/100 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 China Security Co (SHSE:600654), the current Return-on-Tangible-Equity is 8.59% 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 China Security Co (SHSE:600654) Overvalued in 2026?
Based on GuruFocus' analysis, China Security Co stock appears to be undervalued.
The current stock price of ¥2.79 is trading 2.8% below its estimated GF Value™ of ¥2.87.
GuruFocus considers China Security Co to be Fairly Valued.
Key valuation signals for SHSE:600654:
Return-on-Tangible-Equity: 8.59% (105% above median its 10-year median of 4.20)
GF Value™: ¥2.87 vs. price of ¥2.79 (2.8% below fair value)
Industry Position: 19.8% below the Business Services median (#656 of 1007)
No single metric tells the full story. See the SHSE:600654 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Security Co Ltd is a professional smart city system integrator and comprehensive security service provider in China. It is involved in system integration and product manufacture. Its domestic business includes Public Safety, Smart Living, Smart Industry, and Smart Integration. Its international business includes Cash Logistics Management, Property Security Service, Electronic Security Service, Guard Security Services, Facility Management Service, and Extended Security Services.
52GF Score
Get the complete analysis for SHSE:600654
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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