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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. Xiamen Xgma Machinery Co's annualized net income for the quarter that ended in Mar. 2026 was ¥-29.3 Mil. Xiamen Xgma Machinery Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,332.8 Mil. Therefore, Xiamen Xgma Machinery Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -2.20%.
The historical rank and industry rank for Xiamen Xgma Machinery Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600815'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -352.31 Med: -5.31 Max: 71.64
Current: -5.88
During the past 13 years, Xiamen Xgma Machinery Co's highest Return-on-Tangible-Equity was 71.64%. The lowest was -352.31%. And the median was -5.31%.
SHSE:600815's Return-on-Tangible-Equity is ranked worse than 85.93% of 199
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.26
vs SHSE:600815: -5.88
Xiamen Xgma Machinery Co (SHSE:600815) 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.
Xiamen Xgma Machinery Co Return-on-Tangible-Equity Related Terms
Xiamen Xgma Machinery Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Xiamen Xgma Machinery 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.
Xiamen Xgma Machinery Co Return-on-Tangible-Equity Chart
SHSE:600815 vs CAT, DE, PCAR: Return-on-Tangible-Equity Comparison
For the Farm & Heavy Construction Machinery subindustry, Xiamen Xgma Machinery 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.
Xiamen Xgma Machinery Co Return-on-Tangible-Equity vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Xiamen Xgma Machinery Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Xiamen Xgma Machinery 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 -2.20% mean?
Xiamen Xgma Machinery Co (SHSE:600815) has a Return-on-Tangible-Equity of -2.20% 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 Xiamen Xgma Machinery Co and its competitors. According to the industry distribution chart, Xiamen Xgma Machinery Co ranks #171 out of 199 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 85.9%.
Is Xiamen Xgma Machinery Co's Return-on-Tangible-Equity too high?
Xiamen Xgma Machinery Co's current Return-on-Tangible-Equity is -2.20%. Based on the distribution chart, Xiamen Xgma Machinery Co ranks #171 out of 199 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Xiamen Xgma Machinery Co has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Xiamen Xgma Machinery Co's Return-on-Tangible-Equity compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Xiamen Xgma Machinery Co ranks #171 out of 199 companies for Return-on-Tangible-Equity. This places Xiamen Xgma Machinery Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.26. 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 Farm & Heavy Construction Machinery company?
The median Return-on-Tangible-Equity among Farm & Heavy Construction Machinery companies is 9.26, based on 199 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 Xiamen Xgma Machinery Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Return-on-Tangible-Equity is 9.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xiamen Xgma Machinery Co's current Return-on-Tangible-Equity is -2.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xiamen Xgma Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Xiamen Xgma Machinery Co (SHSE:600815) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.61, compared to a current price of ¥2.71 — trading 3.8% above its estimated fair value. The current Return-on-Tangible-Equity is -2.20%. Xiamen Xgma Machinery Co's overall GF Score™ is 39/100 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 Xiamen Xgma Machinery Co (SHSE:600815), the current Return-on-Tangible-Equity is -2.20% 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 Xiamen Xgma Machinery Co (SHSE:600815) Overvalued in 2026?
Based on GuruFocus' analysis, Xiamen Xgma Machinery Co stock appears to be overvalued.
The current stock price of ¥2.71 is trading 3.8% above its estimated GF Value™ of ¥2.61.
GuruFocus considers Xiamen Xgma Machinery Co to be Fairly Valued.
Key valuation signals for SHSE:600815:
Return-on-Tangible-Equity: -2.20%
GF Value™: ¥2.61 vs. price of ¥2.71 (3.8% above fair value)
No single metric tells the full story. See the SHSE:600815 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xiamen Xgma Machinery Co Ltd is engaged in the manufacture, processing, and distribution of engineering machinery and machine accessories. Its products include scrapping machinery, mining machinery, compaction machinery, building machinery, industrial vehicles, concrete machinery, pile driving machinery, hoisting machinery, tunneling machinery. Its production business covers loaders, excavators, forklifts, road machinery, and environmental protection machinery series.
39GF Score
Get the complete analysis for SHSE:600815
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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