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Fortune Ng Fung Food (hebei) CoSHSE:600965 +3.61%48 Return-on-Tangible-Equity is 3.97% as of Mar. 2026, which is 40% below its 10-year median of 6.67. GuruFocus rates SHSE:600965 with a GF Score™ of 48/100 and a GF Value™ of ¥5.78 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,880 Consumer Packaged Goods companies, Fortune Ng Fung Food (hebei) Co ranks worse than 69.36% on this metric.
The historical rank and industry rank for Fortune Ng Fung Food (hebei) Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600965'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.43 Med: 6.67 Max: 11.88
Current: 2.53
During the past 13 years, Fortune Ng Fung Food (hebei) Co's highest Return-on-Tangible-Equity was 11.88%. The lowest was 2.43%. And the median was 6.67%.
SHSE:600965's Return-on-Tangible-Equity is ranked worse than 69.36% of 1880
companies
in the Consumer Packaged Goods industry
Industry Median: 7.86
vs SHSE:600965: 2.53
Fortune Ng Fung Food (hebei) Co (SHSE:600965) 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.
Fortune Ng Fung Food (hebei) Co Return-on-Tangible-Equity Related Terms
Fortune Ng Fung Food (hebei) 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.
Fortune Ng Fung Food (hebei) Co Return-on-Tangible-Equity Chart
SHSE:600965 vs ADM, BG, TSN: Return-on-Tangible-Equity Comparison
For the Farm Products subindustry, Fortune Ng Fung Food (hebei) 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.
Fortune Ng Fung Food (hebei) Co Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Fortune Ng Fung Food (hebei) Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Fortune Ng Fung Food (hebei) 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 3.97% mean?
Fortune Ng Fung Food (hebei) Co (SHSE:600965) has a Return-on-Tangible-Equity of 3.97% 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 Fortune Ng Fung Food (hebei) Co and its competitors. This is 40% below median its historical median of 6.67. Over the past decade, Fortune Ng Fung Food (hebei) Co's Return-on-Tangible-Equity has ranged from 2.43 to 11.88. According to the industry distribution chart, Fortune Ng Fung Food (hebei) Co ranks #1304 out of 1880 companies in the Consumer Packaged Goods industry, placing it in the top 69.4%.
Is Fortune Ng Fung Food (hebei) Co's Return-on-Tangible-Equity too high?
Fortune Ng Fung Food (hebei) Co's current Return-on-Tangible-Equity of 3.97% is 40% below median its 10-year median of 6.67. Over the past 10 years, this metric has ranged from a low of 2.43 to a high of 11.88. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.86. Fortune Ng Fung Food (hebei) Co's value of 3.97% is 49.5% below this industry median. Based on the distribution chart, Fortune Ng Fung Food (hebei) Co ranks #1304 out of 1880 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Fortune Ng Fung Food (hebei) Co has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fortune Ng Fung Food (hebei) Co's Return-on-Tangible-Equity compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Fortune Ng Fung Food (hebei) Co ranks #1304 out of 1880 companies for Return-on-Tangible-Equity. This places Fortune Ng Fung Food (hebei) Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.86. Fortune Ng Fung Food (hebei) Co's value of 3.97% is 49.5% below this benchmark. Historically, Fortune Ng Fung Food (hebei) Co's own Return-on-Tangible-Equity has ranged from 2.43 to 11.88 over the past decade. While the company's 10-year median is 6.67 vs. the industry median of 7.86, Fortune Ng Fung Food (hebei) 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.86, based on 1,880 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. Fortune Ng Fung Food (hebei) Co's current Return-on-Tangible-Equity of 3.97% is 49.5% 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 Fortune Ng Fung Food (hebei) Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortune Ng Fung Food (hebei) Co's current Return-on-Tangible-Equity is 3.97%, which is 40% below median its own 10-year median of 6.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Ng Fung Food (hebei) Co stock overvalued right now?
Based on GuruFocus' analysis, Fortune Ng Fung Food (hebei) Co (SHSE:600965) is currently considered Possible Value Trap. The stock's GF Value™ is ¥5.78, compared to a current price of ¥2.58 — trading 55.4% below its estimated fair value. The current Return-on-Tangible-Equity is 3.97%, which is 40% below median its 10-year median of 6.67 and 49.5% below the Consumer Packaged Goods industry median of 7.86. Fortune Ng Fung Food (hebei) Co's overall GF Score™ is 48/100 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 Fortune Ng Fung Food (hebei) Co (SHSE:600965), the current Return-on-Tangible-Equity is 3.97% 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 Fortune Ng Fung Food (hebei) Co (SHSE:600965) Overvalued in 2026?
Based on GuruFocus' analysis, Fortune Ng Fung Food (hebei) Co stock appears to be undervalued.
The current stock price of ¥2.58 is trading 55.4% below its estimated GF Value™ of ¥5.78.
GuruFocus considers Fortune Ng Fung Food (hebei) Co to be Possible Value Trap.
Key valuation signals for SHSE:600965:
Return-on-Tangible-Equity: 3.97% (40% below median its 10-year median of 6.67)
GF Value™: ¥5.78 vs. price of ¥2.58 (55.4% below fair value)
Industry Position: 49.5% below the Consumer Packaged Goods median (#1304 of 1880)
No single metric tells the full story. See the SHSE:600965 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortune Ng Fung Food (hebei) Co Business Description
Fortune Ng Fung Food (hebei) Co Ltd is engaged in the cattle breeding and dairy farming businesses in China. It is primarily involved in beef cattle breeding, dairy farming, beef cattle slaughter and processing, milk production, food chain, feed production and organic fertilizer production. The company's main products are live cattle, beef, lamb, meat products, dairy cows, dairy products, fast food, hot pot chain and so on. Geographically the business activities are carried out through China.
48GF Score
Get the complete analysis for SHSE:600965
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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