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Grandtop Yongxing Group CoSHSE:601033 -1.23%61 Return-on-Tangible-Equity is 31.21% as of Jun. 2026, which is 6% below its 10-year median of 33.36. GuruFocus rates SHSE:601033 with a GF Score™ of 61/100 and a GF Value™ of ¥16.52 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 226 Waste Management companies, Grandtop Yongxing Group Co ranks better than 77.88% 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. Grandtop Yongxing Group Co's annualized net income for the quarter that ended in Jun. 2026 was ¥1,140 Mil. Grandtop Yongxing Group Co's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ¥3,653 Mil. Therefore, Grandtop Yongxing Group Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 31.21%.
The historical rank and industry rank for Grandtop Yongxing Group Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:601033'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 21.21 Med: 33.36 Max: 88.61
Current: 25.82
During the past 7 years, Grandtop Yongxing Group Co's highest Return-on-Tangible-Equity was 88.61%. The lowest was 21.21%. And the median was 33.36%.
SHSE:601033's Return-on-Tangible-Equity is ranked better than 77.88% of 226
companies
in the Waste Management industry
Industry Median: 10.11
vs SHSE:601033: 25.82
Grandtop Yongxing Group Co (SHSE:601033) 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.
Grandtop Yongxing Group Co Return-on-Tangible-Equity Related Terms
Grandtop Yongxing Group 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.
Grandtop Yongxing Group Co Return-on-Tangible-Equity Chart
SHSE:601033 vs WM, RSG, WCN: Return-on-Tangible-Equity Comparison
For the Waste Management subindustry, Grandtop Yongxing Group 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.
Grandtop Yongxing Group Co Return-on-Tangible-Equity vs Waste Management Industry
For the Waste Management industry and Industrials sector, Grandtop Yongxing Group Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Grandtop Yongxing Group 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 31.21% mean?
Grandtop Yongxing Group Co (SHSE:601033) has a Return-on-Tangible-Equity of 31.21% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Grandtop Yongxing Group Co and its competitors. This is near median its historical median of 33.36. Over the past decade, Grandtop Yongxing Group Co's Return-on-Tangible-Equity has ranged from 21.21 to 88.61. According to the industry distribution chart, Grandtop Yongxing Group Co ranks #50 out of 226 companies in the Waste Management industry, placing it in the top 22.1%.
Is Grandtop Yongxing Group Co's Return-on-Tangible-Equity too high?
Grandtop Yongxing Group Co's current Return-on-Tangible-Equity of 31.21% is near median its 10-year median of 33.36. Over the past 10 years, this metric has ranged from a low of 21.21 to a high of 88.61. The Waste Management industry median Return-on-Tangible-Equity is 10.11. Grandtop Yongxing Group Co's value of 31.21% is 208.7% above this industry median. Based on the distribution chart, Grandtop Yongxing Group Co ranks #50 out of 226 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Grandtop Yongxing Group Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grandtop Yongxing Group Co's Return-on-Tangible-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, Grandtop Yongxing Group Co ranks #50 out of 226 companies for Return-on-Tangible-Equity. This places Grandtop Yongxing Group Co in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.11. Grandtop Yongxing Group Co's value of 31.21% is 208.7% above this benchmark. Historically, Grandtop Yongxing Group Co's own Return-on-Tangible-Equity has ranged from 21.21 to 88.61 over the past decade. While the company's 10-year median is 33.36 vs. the industry median of 10.11, Grandtop Yongxing Group 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 Waste Management company?
The median Return-on-Tangible-Equity among Waste Management companies is 10.11, based on 226 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. Grandtop Yongxing Group Co's current Return-on-Tangible-Equity of 31.21% is 208.7% 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 Grandtop Yongxing Group Co and its competitors. For the Waste Management industry, the median Return-on-Tangible-Equity is 10.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grandtop Yongxing Group Co's current Return-on-Tangible-Equity is 31.21%, which is near median its own 10-year median of 33.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grandtop Yongxing Group Co stock overvalued right now?
Based on GuruFocus' analysis, Grandtop Yongxing Group Co (SHSE:601033) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥16.52, compared to a current price of ¥14.51 — trading 12.2% below its estimated fair value. The current Return-on-Tangible-Equity is 31.21%, which is near median its 10-year median of 33.36 and 208.7% above the Waste Management industry median of 10.11. Grandtop Yongxing Group Co's overall GF Score™ is 61/100 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 Grandtop Yongxing Group Co (SHSE:601033), the current Return-on-Tangible-Equity is 31.21% as of Jun. 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 Grandtop Yongxing Group Co (SHSE:601033) Overvalued in 2026?
Based on GuruFocus' analysis, Grandtop Yongxing Group Co stock appears to be undervalued.
The current stock price of ¥14.51 is trading 12.2% below its estimated GF Value™ of ¥16.52.
GuruFocus considers Grandtop Yongxing Group Co to be Modestly Undervalued.
Key valuation signals for SHSE:601033:
Return-on-Tangible-Equity: 31.21% (near median its 10-year median of 33.36)
GF Value™: ¥16.52 vs. price of ¥14.51 (12.2% below fair value)
Industry Position: 208.7% above the Waste Management median (#50 of 226)
No single metric tells the full story. See the SHSE:601033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grandtop Yongxing Group Co Ltd is engaged in the waste incineration power generation business. The company focuses on clean energy production and focuses on the harmless, reduction, and resource utilization treatment of solid waste.
61GF Score
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