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CECEP Wind PowerSHSE:601016 +1.08%72 Return-on-Tangible-Equity is 4.79% as of Mar. 2026, which is 39% below its 10-year median of 7.83. GuruFocus rates SHSE:601016 with a GF Score™ of 72/100 and a GF Value™ of ¥2.70 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 429 Utilities - Independent Power Producers companies, CECEP Wind Power ranks worse than 57.81% 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. CECEP Wind Power's annualized net income for the quarter that ended in Mar. 2026 was ¥816 Mil. CECEP Wind Power's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥17,046 Mil. Therefore, CECEP Wind Power's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.79%.
The historical rank and industry rank for CECEP Wind Power's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:601016'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.89 Med: 7.83 Max: 12.42
Current: 2.89
During the past 13 years, CECEP Wind Power's highest Return-on-Tangible-Equity was 12.42%. The lowest was 2.89%. And the median was 7.83%.
SHSE:601016's Return-on-Tangible-Equity is ranked worse than 57.81% of 429
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.68
vs SHSE:601016: 2.89
CECEP Wind Power (SHSE:601016) 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.
CECEP Wind Power Return-on-Tangible-Equity Related Terms
CECEP Wind Power Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for CECEP Wind Power'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.
CECEP Wind Power Return-on-Tangible-Equity Competitor Comparison
For the Utilities - Renewable subindustry, CECEP Wind Power'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.
CECEP Wind Power Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, CECEP Wind Power's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CECEP Wind Power'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 4.79% mean?
CECEP Wind Power (SHSE:601016) has a Return-on-Tangible-Equity of 4.79% 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 CECEP Wind Power and its competitors. This is 39% below median its historical median of 7.83. Over the past decade, CECEP Wind Power's Return-on-Tangible-Equity has ranged from 2.89 to 12.42. According to the industry distribution chart, CECEP Wind Power ranks #248 out of 429 companies in the Utilities - Independent Power Producers industry, placing it in the top 57.8%.
Is CECEP Wind Power's Return-on-Tangible-Equity too high?
CECEP Wind Power's current Return-on-Tangible-Equity of 4.79% is 39% below median its 10-year median of 7.83. Over the past 10 years, this metric has ranged from a low of 2.89 to a high of 12.42. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.68. CECEP Wind Power's value of 4.79% is 2.4% above this industry median. Based on the distribution chart, CECEP Wind Power ranks #248 out of 429 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, CECEP Wind Power has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CECEP Wind Power's Return-on-Tangible-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, CECEP Wind Power ranks #248 out of 429 companies for Return-on-Tangible-Equity. This places CECEP Wind Power in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.68. CECEP Wind Power's value of 4.79% is 2.4% above this benchmark. Historically, CECEP Wind Power's own Return-on-Tangible-Equity has ranged from 2.89 to 12.42 over the past decade. While the company's 10-year median is 7.83 vs. the industry median of 4.68, CECEP Wind Power 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 an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Equity among Utilities - Independent Power Producers companies is 4.68, based on 429 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. CECEP Wind Power's current Return-on-Tangible-Equity of 4.79% is 2.4% 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 CECEP Wind Power and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CECEP Wind Power's current Return-on-Tangible-Equity is 4.79%, which is 39% below median its own 10-year median of 7.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CECEP Wind Power stock overvalued right now?
Based on GuruFocus' analysis, CECEP Wind Power (SHSE:601016) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.70, compared to a current price of ¥3.76 — trading 39.3% above its estimated fair value. The current Return-on-Tangible-Equity is 4.79%, which is 39% below median its 10-year median of 7.83 and 2.4% above the Utilities - Independent Power Producers industry median of 4.68. CECEP Wind Power's overall GF Score™ is 72/100 with 10 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 CECEP Wind Power (SHSE:601016), the current Return-on-Tangible-Equity is 4.79% 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 CECEP Wind Power (SHSE:601016) Overvalued in 2026?
Based on GuruFocus' analysis, CECEP Wind Power stock appears to be overvalued.
The current stock price of ¥3.76 is trading 39.3% above its estimated GF Value™ of ¥2.70.
GuruFocus considers CECEP Wind Power to be Significantly Overvalued.
Key valuation signals for SHSE:601016:
Return-on-Tangible-Equity: 4.79% (39% below median its 10-year median of 7.83)
GF Value™: ¥2.70 vs. price of ¥3.76 (39.3% above fair value)
Industry Position: 2.4% above the Utilities - Independent Power Producers median (#248 of 429)
No single metric tells the full story. See the SHSE:601016 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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