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Eastern Communications CoSHSE:600776 -1.44%64 Return-on-Tangible-Equity is 4.63% as of Mar. 2026, which is 7% above its 10-year median of 4.32. GuruFocus rates SHSE:600776 with a GF Score™ of 64/100 and a GF Value™ of ¥11.65 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,383 Hardware companies, Eastern Communications Co ranks better than 73.69% 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. Eastern Communications Co's annualized net income for the quarter that ended in Mar. 2026 was ¥173 Mil. Eastern Communications Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥3,726 Mil. Therefore, Eastern Communications Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.63%.
The historical rank and industry rank for Eastern Communications Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600776'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.19 Med: 4.32 Max: 12.71
Current: 12.71
During the past 13 years, Eastern Communications Co's highest Return-on-Tangible-Equity was 12.71%. The lowest was 3.19%. And the median was 4.32%.
SHSE:600776's Return-on-Tangible-Equity is ranked better than 73.69% of 2383
companies
in the Hardware industry
Industry Median: 5.32
vs SHSE:600776: 12.71
Eastern Communications Co (SHSE:600776) 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.
Eastern Communications Co Return-on-Tangible-Equity Related Terms
Eastern Communications Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Eastern Communications 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.
Eastern Communications Co Return-on-Tangible-Equity Chart
SHSE:600776 vs CSCO, CIEN, MSI: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Eastern Communications 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.
Eastern Communications Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Eastern Communications Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Eastern Communications 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 4.63% mean?
Eastern Communications Co (SHSE:600776) has a Return-on-Tangible-Equity of 4.63% 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 Eastern Communications Co and its competitors. This is near median its historical median of 4.32. Over the past decade, Eastern Communications Co's Return-on-Tangible-Equity has ranged from 3.19 to 12.71. According to the industry distribution chart, Eastern Communications Co ranks #627 out of 2383 companies in the Hardware industry, placing it in the top 26.3%.
Is Eastern Communications Co's Return-on-Tangible-Equity too high?
Eastern Communications Co's current Return-on-Tangible-Equity of 4.63% is near median its 10-year median of 4.32. Over the past 10 years, this metric has ranged from a low of 3.19 to a high of 12.71. The Hardware industry median Return-on-Tangible-Equity is 5.32. Eastern Communications Co's value of 4.63% is 13% below this industry median. Based on the distribution chart, Eastern Communications Co ranks #627 out of 2383 companies in the Hardware industry, which is above the industry midpoint. Overall, Eastern Communications Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eastern Communications Co's Return-on-Tangible-Equity compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Eastern Communications Co ranks #627 out of 2383 companies for Return-on-Tangible-Equity. This puts Eastern Communications Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.32. Eastern Communications Co's value of 4.63% is 13% below this benchmark. Historically, Eastern Communications Co's own Return-on-Tangible-Equity has ranged from 3.19 to 12.71 over the past decade. While the company's 10-year median is 4.32 vs. the industry median of 5.32, Eastern Communications 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 5.32, 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. Eastern Communications Co's current Return-on-Tangible-Equity of 4.63% is 13% 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 Eastern Communications Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eastern Communications Co's current Return-on-Tangible-Equity is 4.63%, which is near median its own 10-year median of 4.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastern Communications Co stock overvalued right now?
Based on GuruFocus' analysis, Eastern Communications Co (SHSE:600776) is currently considered Fairly Valued. The stock's GF Value™ is ¥11.65, compared to a current price of ¥11.62 — trading 0.3% below its estimated fair value. The current Return-on-Tangible-Equity is 4.63%, which is near median its 10-year median of 4.32 and 13% below the Hardware industry median of 5.32. Eastern Communications Co's overall GF Score™ is 64/100 with 4 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 Eastern Communications Co (SHSE:600776), the current Return-on-Tangible-Equity is 4.63% 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 Eastern Communications Co (SHSE:600776) Overvalued in 2026?
Based on GuruFocus' analysis, Eastern Communications Co stock appears to be undervalued.
The current stock price of ¥11.62 is trading 0.3% below its estimated GF Value™ of ¥11.65.
GuruFocus considers Eastern Communications Co to be Fairly Valued.
Key valuation signals for SHSE:600776:
Return-on-Tangible-Equity: 4.63% (near median its 10-year median of 4.32)
GF Value™: ¥11.65 vs. price of ¥11.62 (0.3% below fair value)
Industry Position: 13% below the Hardware median (#627 of 2383)
No single metric tells the full story. See the SHSE:600776 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eastern Communications Co Ltd is a China-based communications services company. It provides solutions for industrial applications and listed companies in the fields of communication and financial technology, communications business, an intelligent manufacturing business and intelligent services and software and other fields. The company's product portfolio includes private network communications and information security products and solutions; financial electronic equipment and operations services; communications and information technology integration services and EMS manufacturing operations. The company's products and solutions are used in China and other international countries.
64GF Score
Get the complete analysis for SHSE:600776
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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