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The historical rank and industry rank for Heilongjiang Transport Development Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:601188'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.88 Med: 4.19 Max: 8.82
Current: 3.55
During the past 13 years, Heilongjiang Transport Development Co's highest Return-on-Tangible-Equity was 8.82%. The lowest was 2.88%. And the median was 4.19%.
SHSE:601188's Return-on-Tangible-Equity is ranked worse than 65.38% of 1710
companies
in the Construction industry
Industry Median: 8.2
vs SHSE:601188: 3.55
Heilongjiang Transport Development Co (SHSE:601188) 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.
Heilongjiang Transport Development Co Return-on-Tangible-Equity Related Terms
Heilongjiang Transport Development 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.
Heilongjiang Transport Development Co Return-on-Tangible-Equity Chart
Heilongjiang Transport Development Co Return-on-Tangible-Equity Competitor Comparison
For the Infrastructure Operations subindustry, Heilongjiang Transport Development 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.
Heilongjiang Transport Development Co Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Heilongjiang Transport Development Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Heilongjiang Transport Development 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 5.01% mean?
Heilongjiang Transport Development Co (SHSE:601188) has a Return-on-Tangible-Equity of 5.01% 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 Heilongjiang Transport Development Co and its competitors. This is 20% above median its historical median of 4.19. Over the past decade, Heilongjiang Transport Development Co's Return-on-Tangible-Equity has ranged from 2.88 to 8.82. According to the industry distribution chart, Heilongjiang Transport Development Co ranks #1118 out of 1710 companies in the Construction industry, placing it in the top 65.4%.
Is Heilongjiang Transport Development Co's Return-on-Tangible-Equity too high?
Heilongjiang Transport Development Co's current Return-on-Tangible-Equity of 5.01% is 20% above median its 10-year median of 4.19. Over the past 10 years, this metric has ranged from a low of 2.88 to a high of 8.82. The Construction industry median Return-on-Tangible-Equity is 8.20. Heilongjiang Transport Development Co's value of 5.01% is 38.9% below this industry median. Based on the distribution chart, Heilongjiang Transport Development Co ranks #1118 out of 1710 companies in the Construction industry, which is below the industry midpoint. Overall, Heilongjiang Transport Development Co has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heilongjiang Transport Development Co's Return-on-Tangible-Equity compare to competitors?
According to the Construction industry distribution chart, Heilongjiang Transport Development Co ranks #1118 out of 1710 companies for Return-on-Tangible-Equity. This places Heilongjiang Transport Development Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.20. Heilongjiang Transport Development Co's value of 5.01% is 38.9% below this benchmark. Historically, Heilongjiang Transport Development Co's own Return-on-Tangible-Equity has ranged from 2.88 to 8.82 over the past decade. While the company's 10-year median is 4.19 vs. the industry median of 8.20, Heilongjiang Transport Development 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.20, based on 1,710 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. Heilongjiang Transport Development Co's current Return-on-Tangible-Equity of 5.01% is 38.9% 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 Heilongjiang Transport Development Co and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heilongjiang Transport Development Co's current Return-on-Tangible-Equity is 5.01%, which is 20% above median its own 10-year median of 4.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heilongjiang Transport Development Co stock overvalued right now?
Based on GuruFocus' analysis, Heilongjiang Transport Development Co (SHSE:601188) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥4.19, compared to a current price of ¥2.88 — trading 31.3% below its estimated fair value. The current Return-on-Tangible-Equity is 5.01%, which is 20% above median its 10-year median of 4.19 and 38.9% below the Construction industry median of 8.20. Heilongjiang Transport Development Co's overall GF Score™ is 66/100 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 Heilongjiang Transport Development Co (SHSE:601188), the current Return-on-Tangible-Equity is 5.01% 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 Heilongjiang Transport Development Co (SHSE:601188) Overvalued in 2026?
Based on GuruFocus' analysis, Heilongjiang Transport Development Co stock appears to be undervalued.
The current stock price of ¥2.88 is trading 31.3% below its estimated GF Value™ of ¥4.19.
GuruFocus considers Heilongjiang Transport Development Co to be Significantly Undervalued.
Key valuation signals for SHSE:601188:
Return-on-Tangible-Equity: 5.01% (20% above median its 10-year median of 4.19)
GF Value™: ¥4.19 vs. price of ¥2.88 (31.3% below fair value)
Industry Position: 38.9% below the Construction median (#1118 of 1710)
No single metric tells the full story. See the SHSE:601188 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heilongjiang Transport Development Co Ltd is a China-based company engaged in the investment, development, construction, operation, and management of expressway. It is also a large enterprise under the provincial management which combines the real estate industry, the physical distribution, and transportation industry, the advertising industry and the import-export industry together.
66GF Score
Get the complete analysis for SHSE:601188
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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