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Industrial Bank CoSHSE:601166 +0.28%50 Return-on-Tangible-Equity is 10.53% as of Mar. 2026, which is 18% below its 10-year median of 12.78. GuruFocus rates SHSE:601166 with a GF Score™ of 50/100 and a GF Value™ of ¥18.45 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,523 Banks companies, Industrial Bank Co ranks worse than 65.07% 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. Industrial Bank Co's annualized net income for the quarter that ended in Mar. 2026 was ¥95,328 Mil. Industrial Bank Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥905,565 Mil. Therefore, Industrial Bank Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.53%.
The historical rank and industry rank for Industrial Bank Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:601166'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.65 Med: 12.78 Max: 16.28
Current: 8.65
During the past 13 years, Industrial Bank Co's highest Return-on-Tangible-Equity was 16.28%. The lowest was 8.65%. And the median was 12.78%.
SHSE:601166's Return-on-Tangible-Equity is ranked worse than 65.07% of 1523
companies
in the Banks industry
Industry Median: 11.23
vs SHSE:601166: 8.65
Industrial Bank Co (SHSE:601166) 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.
Industrial Bank Co Return-on-Tangible-Equity Related Terms
Industrial Bank Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Industrial Bank Co'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.
Industrial Bank Co Return-on-Tangible-Equity Chart
Industrial Bank Co Return-on-Tangible-Equity Competitor Comparison
For the Banks - Regional subindustry, Industrial Bank 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.
Industrial Bank Co Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Industrial Bank Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Industrial Bank 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 10.53% mean?
Industrial Bank Co (SHSE:601166) has a Return-on-Tangible-Equity of 10.53% 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 Industrial Bank Co and its competitors. This is 18% below median its historical median of 12.78. Over the past decade, Industrial Bank Co's Return-on-Tangible-Equity has ranged from 8.65 to 16.28. According to the industry distribution chart, Industrial Bank Co ranks #991 out of 1523 companies in the Banks industry, placing it in the top 65.1%.
Is Industrial Bank Co's Return-on-Tangible-Equity too high?
Industrial Bank Co's current Return-on-Tangible-Equity of 10.53% is 18% below median its 10-year median of 12.78. Over the past 10 years, this metric has ranged from a low of 8.65 to a high of 16.28. The Banks industry median Return-on-Tangible-Equity is 11.23. Industrial Bank Co's value of 10.53% is 6.2% below this industry median. Based on the distribution chart, Industrial Bank Co ranks #991 out of 1523 companies in the Banks industry, which is below the industry midpoint. Overall, Industrial Bank 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 Industrial Bank Co's Return-on-Tangible-Equity compare to competitors?
According to the Banks industry distribution chart, Industrial Bank Co ranks #991 out of 1523 companies for Return-on-Tangible-Equity. This places Industrial Bank Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.23. Industrial Bank Co's value of 10.53% is 6.2% below this benchmark. Historically, Industrial Bank Co's own Return-on-Tangible-Equity has ranged from 8.65 to 16.28 over the past decade. While the company's 10-year median is 12.78 vs. the industry median of 11.23, Industrial Bank 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 Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.23, based on 1,523 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. Industrial Bank Co's current Return-on-Tangible-Equity of 10.53% is 6.2% 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 Industrial Bank Co and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industrial Bank Co's current Return-on-Tangible-Equity is 10.53%, which is 18% below median its own 10-year median of 12.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrial Bank Co stock overvalued right now?
Based on GuruFocus' analysis, Industrial Bank Co (SHSE:601166) is currently considered Fairly Valued. The stock's GF Value™ is ¥18.45, compared to a current price of ¥17.71 — trading 4% below its estimated fair value. The current Return-on-Tangible-Equity is 10.53%, which is 18% below median its 10-year median of 12.78 and 6.2% below the Banks industry median of 11.23. Industrial Bank Co's overall GF Score™ is 50/100 with 2 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 Industrial Bank Co (SHSE:601166), the current Return-on-Tangible-Equity is 10.53% 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 Industrial Bank Co (SHSE:601166) Overvalued in 2026?
Based on GuruFocus' analysis, Industrial Bank Co stock appears to be undervalued.
The current stock price of ¥17.71 is trading 4% below its estimated GF Value™ of ¥18.45.
GuruFocus considers Industrial Bank Co to be Fairly Valued.
Key valuation signals for SHSE:601166:
Return-on-Tangible-Equity: 10.53% (18% below median its 10-year median of 12.78)
GF Value™: ¥18.45 vs. price of ¥17.71 (4% below fair value)
Industry Position: 6.2% below the Banks median (#991 of 1523)
No single metric tells the full story. See the SHSE:601166 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Industrial Bank was founded in 1988 and started as a regional bank in Fujian province. It has grown to become the second-largest joint-stock bank in China with more than CNY 11 trillion in assets as of December 2025. The bank offers a full range of commercial banking services with a specialty in bank-bank cooperation. It also operates a proprietary "Yinyin platform" that offers complete financial service solutions to other financial institutions, such as payments and settlements, wealth management, and technology output services.
50GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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