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Jiling Expressway CoSHSE:601518 +0.36%75 Return-on-Tangible-Equity is 8.01% as of Mar. 2026, which is 6% below its 10-year median of 8.51. GuruFocus rates SHSE:601518 with a GF Score™ of 75/100 and a GF Value™ of ¥2.38 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,710 Construction companies, Jiling Expressway Co ranks better than 51.46% 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. Jiling Expressway Co's annualized net income for the quarter that ended in Mar. 2026 was ¥461 Mil. Jiling Expressway Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥5,755 Mil. Therefore, Jiling Expressway Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.01%.
The historical rank and industry rank for Jiling Expressway Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:601518'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.69 Med: 8.51 Max: 11.56
Current: 8.77
During the past 13 years, Jiling Expressway Co's highest Return-on-Tangible-Equity was 11.56%. The lowest was 2.69%. And the median was 8.51%.
SHSE:601518's Return-on-Tangible-Equity is ranked better than 51.46% of 1710
companies
in the Construction industry
Industry Median: 8.21
vs SHSE:601518: 8.77
Jiling Expressway Co (SHSE:601518) 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.
Jiling Expressway Co Return-on-Tangible-Equity Related Terms
Jiling Expressway Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Jiling Expressway 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.
Jiling Expressway Co Return-on-Tangible-Equity Chart
Jiling Expressway Co Return-on-Tangible-Equity Competitor Comparison
For the Infrastructure Operations subindustry, Jiling Expressway 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.
Jiling Expressway Co Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Jiling Expressway Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Jiling Expressway 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 8.01% mean?
Jiling Expressway Co (SHSE:601518) has a Return-on-Tangible-Equity of 8.01% 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 Jiling Expressway Co and its competitors. This is near median its historical median of 8.51. Over the past decade, Jiling Expressway Co's Return-on-Tangible-Equity has ranged from 2.69 to 11.56. According to the industry distribution chart, Jiling Expressway Co ranks #830 out of 1710 companies in the Construction industry, placing it in the top 48.5%.
Is Jiling Expressway Co's Return-on-Tangible-Equity too high?
Jiling Expressway Co's current Return-on-Tangible-Equity of 8.01% is near median its 10-year median of 8.51. Over the past 10 years, this metric has ranged from a low of 2.69 to a high of 11.56. The Construction industry median Return-on-Tangible-Equity is 8.21. Jiling Expressway Co's value of 8.01% is 2.4% below this industry median. Based on the distribution chart, Jiling Expressway Co ranks #830 out of 1710 companies in the Construction industry, which is above the industry midpoint. Overall, Jiling Expressway Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiling Expressway Co's Return-on-Tangible-Equity compare to competitors?
According to the Construction industry distribution chart, Jiling Expressway Co ranks #830 out of 1710 companies for Return-on-Tangible-Equity. This puts Jiling Expressway Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.21. Jiling Expressway Co's value of 8.01% is 2.4% below this benchmark. Historically, Jiling Expressway Co's own Return-on-Tangible-Equity has ranged from 2.69 to 11.56 over the past decade. While the company's 10-year median is 8.51 vs. the industry median of 8.21, Jiling Expressway 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 8.21, 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. Jiling Expressway Co's current Return-on-Tangible-Equity of 8.01% is 2.4% 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 Jiling Expressway Co and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiling Expressway Co's current Return-on-Tangible-Equity is 8.01%, which is near median its own 10-year median of 8.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiling Expressway Co stock overvalued right now?
Based on GuruFocus' analysis, Jiling Expressway Co (SHSE:601518) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.38, compared to a current price of ¥2.75 — trading 15.5% above its estimated fair value. The current Return-on-Tangible-Equity is 8.01%, which is near median its 10-year median of 8.51 and 2.4% below the Construction industry median of 8.21. Jiling Expressway Co's overall GF Score™ is 75/100 with 1 warning sign 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 Jiling Expressway Co (SHSE:601518), the current Return-on-Tangible-Equity is 8.01% 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 Jiling Expressway Co (SHSE:601518) Overvalued in 2026?
Based on GuruFocus' analysis, Jiling Expressway Co stock appears to be overvalued.
The current stock price of ¥2.75 is trading 15.5% above its estimated GF Value™ of ¥2.38.
GuruFocus considers Jiling Expressway Co to be Modestly Overvalued.
Key valuation signals for SHSE:601518:
Return-on-Tangible-Equity: 8.01% (near median its 10-year median of 8.51)
GF Value™: ¥2.38 vs. price of ¥2.75 (15.5% above fair value)
Industry Position: 2.4% below the Construction median (#830 of 1710)
No single metric tells the full story. See the SHSE:601518 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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