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Bank of Shanghai CoSHSE:601229 -1.67%54 Return-on-Tangible-Equity is 9.82% as of Mar. 2026, which is 13% below its 10-year median of 11.31. GuruFocus rates SHSE:601229 with a GF Score™ of 54/100 and a GF Value™ of ¥8.91 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,521 Banks companies, Bank of Shanghai Co ranks worse than 61.41% 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. Bank of Shanghai Co's annualized net income for the quarter that ended in Mar. 2026 was ¥25,334 Mil. Bank of Shanghai Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥257,988 Mil. Therefore, Bank of Shanghai Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.82%.
The historical rank and industry rank for Bank of Shanghai Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:601229'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.36 Med: 11.31 Max: 13.82
Current: 9.36
During the past 13 years, Bank of Shanghai Co's highest Return-on-Tangible-Equity was 13.82%. The lowest was 9.36%. And the median was 11.31%.
SHSE:601229's Return-on-Tangible-Equity is ranked worse than 61.41% of 1521
companies
in the Banks industry
Industry Median: 11.44
vs SHSE:601229: 9.36
Bank of Shanghai Co (SHSE:601229) 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.
Bank of Shanghai Co Return-on-Tangible-Equity Related Terms
Bank of Shanghai Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Bank of Shanghai 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.
Bank of Shanghai Co Return-on-Tangible-Equity Chart
Bank of Shanghai Co Return-on-Tangible-Equity Competitor Comparison
For the Banks - Regional subindustry, Bank of Shanghai 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.
Bank of Shanghai Co Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Bank of Shanghai Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bank of Shanghai 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 9.82% mean?
Bank of Shanghai Co (SHSE:601229) has a Return-on-Tangible-Equity of 9.82% 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 Bank of Shanghai Co and its competitors. This is 13% below median its historical median of 11.31. Over the past decade, Bank of Shanghai Co's Return-on-Tangible-Equity has ranged from 9.36 to 13.82. According to the industry distribution chart, Bank of Shanghai Co ranks #934 out of 1521 companies in the Banks industry, placing it in the top 61.4%.
Is Bank of Shanghai Co's Return-on-Tangible-Equity too high?
Bank of Shanghai Co's current Return-on-Tangible-Equity of 9.82% is 13% below median its 10-year median of 11.31. Over the past 10 years, this metric has ranged from a low of 9.36 to a high of 13.82. The Banks industry median Return-on-Tangible-Equity is 11.44. Bank of Shanghai Co's value of 9.82% is 14.2% below this industry median. Based on the distribution chart, Bank of Shanghai Co ranks #934 out of 1521 companies in the Banks industry, which is below the industry midpoint. Overall, Bank of Shanghai Co has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bank of Shanghai Co's Return-on-Tangible-Equity compare to competitors?
According to the Banks industry distribution chart, Bank of Shanghai Co ranks #934 out of 1521 companies for Return-on-Tangible-Equity. This places Bank of Shanghai Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.44. Bank of Shanghai Co's value of 9.82% is 14.2% below this benchmark. Historically, Bank of Shanghai Co's own Return-on-Tangible-Equity has ranged from 9.36 to 13.82 over the past decade. While the company's 10-year median is 11.31 vs. the industry median of 11.44, Bank of Shanghai 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 11.44, based on 1,521 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. Bank of Shanghai Co's current Return-on-Tangible-Equity of 9.82% is 14.2% 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 Bank of Shanghai Co and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Shanghai Co's current Return-on-Tangible-Equity is 9.82%, which is 13% below median its own 10-year median of 11.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Shanghai Co stock overvalued right now?
Based on GuruFocus' analysis, Bank of Shanghai Co (SHSE:601229) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.91, compared to a current price of ¥9.42 — trading 5.7% above its estimated fair value. The current Return-on-Tangible-Equity is 9.82%, which is 13% below median its 10-year median of 11.31 and 14.2% below the Banks industry median of 11.44. Bank of Shanghai Co's overall GF Score™ is 54/100 with 3 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 Bank of Shanghai Co (SHSE:601229), the current Return-on-Tangible-Equity is 9.82% 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 Bank of Shanghai Co (SHSE:601229) Overvalued in 2026?
Based on GuruFocus' analysis, Bank of Shanghai Co stock appears to be overvalued.
The current stock price of ¥9.42 is trading 5.7% above its estimated GF Value™ of ¥8.91.
GuruFocus considers Bank of Shanghai Co to be Fairly Valued.
Key valuation signals for SHSE:601229:
Return-on-Tangible-Equity: 9.82% (13% below median its 10-year median of 11.31)
GF Value™: ¥8.91 vs. price of ¥9.42 (5.7% above fair value)
Industry Position: 14.2% below the Banks median (#934 of 1521)
No single metric tells the full story. See the SHSE:601229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bank of Shanghai Co Ltd is a commercial banking company. It is mainly involved in providing banking and financial services such as Corporate banking, Retail banking, Treasury business, and others. The Bank conducts its business through three segments. The Wholesale Financial Business segment serves corporate clients, government agencies, and peer institutions with loans, deposits, trade finance, settlements, investment banking, asset custody, interbank transactions, financial market operations, and equity investments. The Retail Financial Business segment offers individuals loans, deposits, wealth management, remittances, securities agency, and bank card services. The Other Business segment covers mobile and corporate online banking as well as other related services.
54GF 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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