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Shanghai Baosight Software CoSHSE:600845 -2.29%77 Return-on-Tangible-Equity is 13.85% as of Mar. 2026, which is 16% below its 10-year median of 16.49. GuruFocus rates SHSE:600845 with a GF Score™ of 77/100 and a GF Value™ of ¥25.18 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 2,482 Software companies, Shanghai Baosight Software Co ranks better than 54.27% 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. Shanghai Baosight Software Co's annualized net income for the quarter that ended in Mar. 2026 was ¥1,525 Mil. Shanghai Baosight Software Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥11,014 Mil. Therefore, Shanghai Baosight Software Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.85%.
The historical rank and industry rank for Shanghai Baosight Software Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600845'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.79 Med: 16.49 Max: 24.52
Current: 11.29
During the past 13 years, Shanghai Baosight Software Co's highest Return-on-Tangible-Equity was 24.52%. The lowest was 7.79%. And the median was 16.49%.
SHSE:600845's Return-on-Tangible-Equity is ranked better than 54.27% of 2482
companies
in the Software industry
Industry Median: 8.845
vs SHSE:600845: 11.29
Shanghai Baosight Software Co (SHSE:600845) 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.
Shanghai Baosight Software Co Return-on-Tangible-Equity Related Terms
Shanghai Baosight Software 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.
Shanghai Baosight Software Co Return-on-Tangible-Equity Chart
SHSE:600845 vs UBER, SHOP, CRM: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Shanghai Baosight Software 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.
Shanghai Baosight Software Co Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Shanghai Baosight Software Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shanghai Baosight Software 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 13.85% mean?
Shanghai Baosight Software Co (SHSE:600845) has a Return-on-Tangible-Equity of 13.85% 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 Shanghai Baosight Software Co and its competitors. This is 16% below median its historical median of 16.49. Over the past decade, Shanghai Baosight Software Co's Return-on-Tangible-Equity has ranged from 7.79 to 24.52. According to the industry distribution chart, Shanghai Baosight Software Co ranks #1135 out of 2482 companies in the Software industry, placing it in the top 45.7%.
Is Shanghai Baosight Software Co's Return-on-Tangible-Equity too high?
Shanghai Baosight Software Co's current Return-on-Tangible-Equity of 13.85% is 16% below median its 10-year median of 16.49. Over the past 10 years, this metric has ranged from a low of 7.79 to a high of 24.52. The Software industry median Return-on-Tangible-Equity is 8.85. Shanghai Baosight Software Co's value of 13.85% is 56.6% above this industry median. Based on the distribution chart, Shanghai Baosight Software Co ranks #1135 out of 2482 companies in the Software industry, which is above the industry midpoint. Overall, Shanghai Baosight Software Co has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Baosight Software Co's Return-on-Tangible-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, Shanghai Baosight Software Co ranks #1135 out of 2482 companies for Return-on-Tangible-Equity. This puts Shanghai Baosight Software Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.85. Shanghai Baosight Software Co's value of 13.85% is 56.6% above this benchmark. Historically, Shanghai Baosight Software Co's own Return-on-Tangible-Equity has ranged from 7.79 to 24.52 over the past decade. While the company's 10-year median is 16.49 vs. the industry median of 8.85, Shanghai Baosight Software 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.85, based on 2,482 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. Shanghai Baosight Software Co's current Return-on-Tangible-Equity of 13.85% is 56.6% 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 Shanghai Baosight Software Co and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Baosight Software Co's current Return-on-Tangible-Equity is 13.85%, which is 16% below median its own 10-year median of 16.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Baosight Software Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Baosight Software Co (SHSE:600845) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥25.18, compared to a current price of ¥17.46 — trading 30.7% below its estimated fair value. The current Return-on-Tangible-Equity is 13.85%, which is 16% below median its 10-year median of 16.49 and 56.6% above the Software industry median of 8.85. Shanghai Baosight Software Co's overall GF Score™ is 77/100 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 Shanghai Baosight Software Co (SHSE:600845), the current Return-on-Tangible-Equity is 13.85% 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 Shanghai Baosight Software Co (SHSE:600845) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Baosight Software Co stock appears to be undervalued.
The current stock price of ¥17.46 is trading 30.7% below its estimated GF Value™ of ¥25.18.
GuruFocus considers Shanghai Baosight Software Co to be Significantly Undervalued.
Key valuation signals for SHSE:600845:
Return-on-Tangible-Equity: 13.85% (16% below median its 10-year median of 16.49)
GF Value™: ¥25.18 vs. price of ¥17.46 (30.7% below fair value)
Industry Position: 56.6% above the Software median (#1135 of 2482)
No single metric tells the full story. See the SHSE:600845 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Baosight Software Co Business Description
Shanghai Baosight Software Co Ltd is a Chinese software company that develops automation and software tools for various industries. The company operates through three segments: the Software Development and Engineering Services segment, the System Integration segment, and the Service Outsourcing segment. Its operations span across areas such as information technology, industrial automation, robotics, intelligent transportation, and information infrastructure. The company's offerings are mainly applied in sectors including steel, non-ferrous metals, chemicals, mining, new materials, renewable energy, metalworking, equipment manufacturing, urban transit systems, and infrastructure development.
77GF Score
Get the complete analysis for SHSE:600845
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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