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.
SHSE:600764'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.45 Med: 11.47 Max: 19.66
Current: 1.45
During the past 13 years, China Marine Information Electronics Co's highest Return-on-Tangible-Equity was 19.66%. The lowest was 1.45%. And the median was 11.47%.
SHSE:600764's Return-on-Tangible-Equity is ranked worse than 65.1% of 2384
companies
in the Hardware industry
Industry Median: 5.33
vs SHSE:600764: 1.45
China Marine Information Electronics Co (SHSE:600764) 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 Marine Information Electronics Co Return-on-Tangible-Equity Related Terms
China Marine Information Electronics Co Return-on-Tangible-Equity Historical Data
* 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.
China Marine Information Electronics Co Return-on-Tangible-Equity Chart
China Marine Information Electronics Co Annual Data
SHSE:600764 vs COHR, KEYS, GRMN: Return-on-Tangible-Equity Comparison
For the Scientific & Technical Instruments subindustry, China Marine Information Electronics 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 Marine Information Electronics Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, China Marine Information Electronics Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where China Marine Information Electronics 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 1.31% mean?
China Marine Information Electronics Co (SHSE:600764) has a Return-on-Tangible-Equity of 1.31% 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 Marine Information Electronics Co and its competitors. This is 89% below median its historical median of 11.47. Over the past decade, China Marine Information Electronics Co's Return-on-Tangible-Equity has ranged from 1.45 to 19.66. According to the industry distribution chart, China Marine Information Electronics Co ranks #1552 out of 2384 companies in the Hardware industry, placing it in the top 65.1%.
Is China Marine Information Electronics Co's Return-on-Tangible-Equity too high?
China Marine Information Electronics Co's current Return-on-Tangible-Equity of 1.31% is 89% below median its 10-year median of 11.47. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 19.66. The Hardware industry median Return-on-Tangible-Equity is 5.33. China Marine Information Electronics Co's value of 1.31% is 75.4% below this industry median. Based on the distribution chart, China Marine Information Electronics Co ranks #1552 out of 2384 companies in the Hardware industry, which is below the industry midpoint. Overall, China Marine Information Electronics Co has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Marine Information Electronics Co's Return-on-Tangible-Equity compare to COHR and KEYS?
According to the Hardware industry distribution chart, China Marine Information Electronics Co ranks #1552 out of 2384 companies for Return-on-Tangible-Equity. This places China Marine Information Electronics Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.33. China Marine Information Electronics Co's value of 1.31% is 75.4% below this benchmark. Historically, China Marine Information Electronics Co's own Return-on-Tangible-Equity has ranged from 1.45 to 19.66 over the past decade. While the company's 10-year median is 11.47 vs. the industry median of 5.33, China Marine Information Electronics 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.33, based on 2,384 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 Marine Information Electronics Co's current Return-on-Tangible-Equity of 1.31% is 75.4% 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 Marine Information Electronics Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Marine Information Electronics Co's current Return-on-Tangible-Equity is 1.31%, which is 89% below median its own 10-year median of 11.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Marine Information Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, China Marine Information Electronics Co (SHSE:600764) is currently considered Possible Value Trap. The stock's GF Value™ is ¥27.62, compared to a current price of ¥18.18 — trading 34.2% below its estimated fair value. The current Return-on-Tangible-Equity is 1.31%, which is 89% below median its 10-year median of 11.47 and 75.4% below the Hardware industry median of 5.33. China Marine Information Electronics Co's overall GF Score™ is 54/100 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 China Marine Information Electronics Co (SHSE:600764), the current Return-on-Tangible-Equity is 1.31% 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 Marine Information Electronics Co (SHSE:600764) Overvalued in 2026?
Based on GuruFocus' analysis, China Marine Information Electronics Co stock appears to be undervalued.
The current stock price of ¥18.18 is trading 34.2% below its estimated GF Value™ of ¥27.62.
GuruFocus considers China Marine Information Electronics Co to be Possible Value Trap.
Key valuation signals for SHSE:600764:
Return-on-Tangible-Equity: 1.31% (89% below median its 10-year median of 11.47)
GF Value™: ¥27.62 vs. price of ¥18.18 (34.2% below fair value)
Industry Position: 75.4% below the Hardware median (#1552 of 2384)
No single metric tells the full story. See the SHSE:600764 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Marine Information Electronics Co Business Description
China Marine Information Electronics Co Ltd is a China-based company engaged in the manufacturing of intelligent optical network switching platform equipment and video surveillance systems.
54GF Score
Get the complete analysis for SHSE:600764
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600764 has been successfully added to your 
