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The historical rank and industry rank for Shaanxi Construction Machinery Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600984'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -65.67 Med: 2.03 Max: 16.66
Current: -63.72
During the past 13 years, Shaanxi Construction Machinery Co's highest Return-on-Tangible-Equity was 16.66%. The lowest was -65.67%. And the median was 2.03%.
SHSE:600984's Return-on-Tangible-Equity is ranked worse than 95.83% of 1008
companies
in the Business Services industry
Industry Median: 10.7
vs SHSE:600984: -63.72
Shaanxi Construction Machinery Co (SHSE:600984) 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.
Shaanxi Construction Machinery Co Return-on-Tangible-Equity Related Terms
Shaanxi Construction Machinery 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.
Shaanxi Construction Machinery Co Return-on-Tangible-Equity Chart
SHSE:600984 vs URI, SUNB, AER: Return-on-Tangible-Equity Comparison
For the Rental & Leasing Services subindustry, Shaanxi Construction 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.
Shaanxi Construction Machinery Co Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Shaanxi Construction Machinery Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shaanxi Construction 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 -41.61% mean?
Shaanxi Construction Machinery Co (SHSE:600984) has a Return-on-Tangible-Equity of -41.61% 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 Shaanxi Construction Machinery Co and its competitors. According to the industry distribution chart, Shaanxi Construction Machinery Co ranks #966 out of 1008 companies in the Business Services industry, placing it in the top 95.8%.
Is Shaanxi Construction Machinery Co's Return-on-Tangible-Equity too high?
Shaanxi Construction Machinery Co's current Return-on-Tangible-Equity is -41.61%. Based on the distribution chart, Shaanxi Construction Machinery Co ranks #966 out of 1008 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Shaanxi Construction Machinery Co has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shaanxi Construction Machinery Co's Return-on-Tangible-Equity compare to URI and SUNB?
According to the Business Services industry distribution chart, Shaanxi Construction Machinery Co ranks #966 out of 1008 companies for Return-on-Tangible-Equity. This places Shaanxi Construction Machinery Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.70. 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.70, based on 1,008 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 Shaanxi Construction Machinery Co and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shaanxi Construction Machinery Co's current Return-on-Tangible-Equity is -41.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shaanxi Construction Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Shaanxi Construction Machinery Co (SHSE:600984) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.38, compared to a current price of ¥3.64 — trading 7.7% above its estimated fair value. The current Return-on-Tangible-Equity is -41.61%. Shaanxi Construction Machinery Co's overall GF Score™ is 50/100 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 Shaanxi Construction Machinery Co (SHSE:600984), the current Return-on-Tangible-Equity is -41.61% 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 Shaanxi Construction Machinery Co (SHSE:600984) Overvalued in 2026?
Based on GuruFocus' analysis, Shaanxi Construction Machinery Co stock appears to be overvalued.
The current stock price of ¥3.64 is trading 7.7% above its estimated GF Value™ of ¥3.38.
GuruFocus considers Shaanxi Construction Machinery Co to be Fairly Valued.
Key valuation signals for SHSE:600984:
Return-on-Tangible-Equity: -41.61%
GF Value™: ¥3.38 vs. price of ¥3.64 (7.7% above fair value)
No single metric tells the full story. See the SHSE:600984 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shaanxi Construction Machinery Co Business Description
Shaanxi Construction Machinery Co Ltd in China is mainly engaged in the research, development, manufacturing, and sales of road construction machinery and large steel structure products. It is primarily involved in the activities of building lease, road machinery, pile machinery, steel structure, road construction and others. Geographically, it operates through the china.
50GF Score
Get the complete analysis for SHSE:600984
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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