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.
Hangzhou Jiebai Group CoSHSE:600814 +1.87%67 Return-on-Tangible-Equity is 9.60% as of Mar. 2026, which is 22% above its 10-year median of 7.88. GuruFocus rates SHSE:600814 with a GF Score™ of 67/100 and a GF Value™ of ¥8.57 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,065 Retail - Cyclical companies, Hangzhou Jiebai Group Co ranks worse than 57.09% 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. Hangzhou Jiebai Group Co's annualized net income for the quarter that ended in Mar. 2026 was ¥362 Mil. Hangzhou Jiebai Group Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥3,766 Mil. Therefore, Hangzhou Jiebai Group Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.60%.
The historical rank and industry rank for Hangzhou Jiebai Group Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600814'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.11 Med: 7.88 Max: 11.95
Current: 6.12
During the past 13 years, Hangzhou Jiebai Group Co's highest Return-on-Tangible-Equity was 11.95%. The lowest was 6.11%. And the median was 7.88%.
SHSE:600814's Return-on-Tangible-Equity is ranked worse than 57.09% of 1065
companies
in the Retail - Cyclical industry
Industry Median: 8.45
vs SHSE:600814: 6.12
Hangzhou Jiebai Group Co (SHSE:600814) 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.
Hangzhou Jiebai Group Co Return-on-Tangible-Equity Related Terms
Hangzhou Jiebai Group Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hangzhou Jiebai Group 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.
Hangzhou Jiebai Group Co Return-on-Tangible-Equity Chart
SHSE:600814 vs DDS: Return-on-Tangible-Equity Comparison
For the Department Stores subindustry, Hangzhou Jiebai Group 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.
Hangzhou Jiebai Group Co Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Hangzhou Jiebai Group Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hangzhou Jiebai Group 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 9.60% mean?
Hangzhou Jiebai Group Co (SHSE:600814) has a Return-on-Tangible-Equity of 9.60% 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 Hangzhou Jiebai Group Co and its competitors. This is 22% above median its historical median of 7.88. Over the past decade, Hangzhou Jiebai Group Co's Return-on-Tangible-Equity has ranged from 6.11 to 11.95. According to the industry distribution chart, Hangzhou Jiebai Group Co ranks #608 out of 1065 companies in the Retail - Cyclical industry, placing it in the top 57.1%.
Is Hangzhou Jiebai Group Co's Return-on-Tangible-Equity too high?
Hangzhou Jiebai Group Co's current Return-on-Tangible-Equity of 9.60% is 22% above median its 10-year median of 7.88. Over the past 10 years, this metric has ranged from a low of 6.11 to a high of 11.95. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.45. Hangzhou Jiebai Group Co's value of 9.60% is 13.6% above this industry median. Based on the distribution chart, Hangzhou Jiebai Group Co ranks #608 out of 1065 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Hangzhou Jiebai Group Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Jiebai Group Co's Return-on-Tangible-Equity compare to DDS?
According to the Retail - Cyclical industry distribution chart, Hangzhou Jiebai Group Co ranks #608 out of 1065 companies for Return-on-Tangible-Equity. This places Hangzhou Jiebai Group Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.45. Hangzhou Jiebai Group Co's value of 9.60% is 13.6% above this benchmark. Historically, Hangzhou Jiebai Group Co's own Return-on-Tangible-Equity has ranged from 6.11 to 11.95 over the past decade. While the company's 10-year median is 7.88 vs. the industry median of 8.45, Hangzhou Jiebai Group Co 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 a Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.45, based on 1,065 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. Hangzhou Jiebai Group Co's current Return-on-Tangible-Equity of 9.60% is 13.6% 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 Hangzhou Jiebai Group Co and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Jiebai Group Co's current Return-on-Tangible-Equity is 9.60%, which is 22% above median its own 10-year median of 7.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Jiebai Group Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Jiebai Group Co (SHSE:600814) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.57, compared to a current price of ¥6.53 — trading 23.8% below its estimated fair value. The current Return-on-Tangible-Equity is 9.60%, which is 22% above median its 10-year median of 7.88 and 13.6% above the Retail - Cyclical industry median of 8.45. Hangzhou Jiebai Group Co's overall GF Score™ is 67/100 with 3 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 Hangzhou Jiebai Group Co (SHSE:600814), the current Return-on-Tangible-Equity is 9.60% 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 Hangzhou Jiebai Group Co (SHSE:600814) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou Jiebai Group Co stock appears to be undervalued.
The current stock price of ¥6.53 is trading 23.8% below its estimated GF Value™ of ¥8.57.
GuruFocus considers Hangzhou Jiebai Group Co to be Modestly Undervalued.
Key valuation signals for SHSE:600814:
Return-on-Tangible-Equity: 9.60% (22% above median its 10-year median of 7.88)
GF Value™: ¥8.57 vs. price of ¥6.53 (23.8% below fair value)
Industry Position: 13.6% above the Retail - Cyclical median (#608 of 1065)
No single metric tells the full story. See the SHSE:600814 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:600814 has been successfully added to your 
