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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. Wingtech Technology Co's annualized net income for the quarter that ended in Mar. 2026 was ¥-757 Mil. Wingtech Technology Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥21,006 Mil. Therefore, Wingtech Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -3.60%.
The historical rank and industry rank for Wingtech Technology Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600745'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -72.4 Med: 9.35 Max: 71.03
Current: -72.4
During the past 13 years, Wingtech Technology Co's highest Return-on-Tangible-Equity was 71.03%. The lowest was -72.40%. And the median was 9.35%.
SHSE:600745's Return-on-Tangible-Equity is ranked worse than 95.51% of 2383
companies
in the Hardware industry
Industry Median: 5.36
vs SHSE:600745: -72.40
Wingtech Technology Co (SHSE:600745) 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.
Wingtech Technology Co Return-on-Tangible-Equity Related Terms
Wingtech Technology Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Wingtech Technology 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.
Wingtech Technology Co Return-on-Tangible-Equity Chart
SHSE:600745 vs CSCO, CIEN, MSI: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Wingtech Technology 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.
Wingtech Technology Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Wingtech Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Wingtech Technology 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 -3.60% mean?
Wingtech Technology Co (SHSE:600745) has a Return-on-Tangible-Equity of -3.60% 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 Wingtech Technology Co and its competitors. According to the industry distribution chart, Wingtech Technology Co ranks #2276 out of 2383 companies in the Hardware industry, placing it in the top 95.5%.
Is Wingtech Technology Co's Return-on-Tangible-Equity too high?
Wingtech Technology Co's current Return-on-Tangible-Equity is -3.60%. Based on the distribution chart, Wingtech Technology Co ranks #2276 out of 2383 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Wingtech Technology Co has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wingtech Technology Co's Return-on-Tangible-Equity compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Wingtech Technology Co ranks #2276 out of 2383 companies for Return-on-Tangible-Equity. This places Wingtech Technology Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.36. 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.36, based on 2,383 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 Wingtech Technology Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wingtech Technology Co's current Return-on-Tangible-Equity is -3.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wingtech Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Wingtech Technology Co (SHSE:600745) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥11.00, compared to a current price of ¥16.83 — trading 53% above its estimated fair value. The current Return-on-Tangible-Equity is -3.60%. Wingtech Technology Co's overall GF Score™ is 39/100 with 8 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 Wingtech Technology Co (SHSE:600745), the current Return-on-Tangible-Equity is -3.60% 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 Wingtech Technology Co (SHSE:600745) Overvalued in 2026?
Based on GuruFocus' analysis, Wingtech Technology Co stock appears to be overvalued.
The current stock price of ¥16.83 is trading 53% above its estimated GF Value™ of ¥11.00.
GuruFocus considers Wingtech Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:600745:
Return-on-Tangible-Equity: -3.60%
GF Value™: ¥11.00 vs. price of ¥16.83 (53% above fair value)
No single metric tells the full story. See the SHSE:600745 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wingtech Technology Co Ltd is a China-based semiconductor and product integration company that integrates R&D, design, and production manufacturing. The company's operations are organized into three segments. The Product Integration Business Segment focuses on designing and producing mobile internet devices, with smartphones being the core product line. The Semiconductor Business Segment is dedicated to the innovation, development, and fabrication of semiconductor components. The Other Business Segment includes various supplementary operations that support the company's overall activities.
39GF Score
Get the complete analysis for SHSE:600745
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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