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Ningbonxing Medical Electric CoSHSE:601567 -2.85%69 Return-on-Tangible-Equity is 6.72% as of Mar. 2026, which is 49% below its 10-year median of 13.12. GuruFocus rates SHSE:601567 with a GF Score™ of 69/100 and a GF Value™ of ¥28.10 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,972 Industrial Products companies, Ningbonxing Medical Electric Co ranks better than 60.77% on this metric.
The historical rank and industry rank for Ningbonxing Medical Electric Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:601567'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.56 Med: 13.12 Max: 23.63
Current: 9.33
During the past 13 years, Ningbonxing Medical Electric Co's highest Return-on-Tangible-Equity was 23.63%. The lowest was 7.56%. And the median was 13.12%.
SHSE:601567's Return-on-Tangible-Equity is ranked better than 60.77% of 2972
companies
in the Industrial Products industry
Industry Median: 6.78
vs SHSE:601567: 9.33
Ningbonxing Medical Electric Co (SHSE:601567) 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.
Ningbonxing Medical Electric Co Return-on-Tangible-Equity Related Terms
Ningbonxing Medical Electric 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.
Ningbonxing Medical Electric Co Return-on-Tangible-Equity Chart
SHSE:601567 vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Ningbonxing Medical Electric 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.
Ningbonxing Medical Electric Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ningbonxing Medical Electric Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ningbonxing Medical Electric 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 6.72% mean?
Ningbonxing Medical Electric Co (SHSE:601567) has a Return-on-Tangible-Equity of 6.72% 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 Ningbonxing Medical Electric Co and its competitors. This is 49% below median its historical median of 13.12. Over the past decade, Ningbonxing Medical Electric Co's Return-on-Tangible-Equity has ranged from 7.56 to 23.63. According to the industry distribution chart, Ningbonxing Medical Electric Co ranks #1166 out of 2972 companies in the Industrial Products industry, placing it in the top 39.2%.
Is Ningbonxing Medical Electric Co's Return-on-Tangible-Equity too high?
Ningbonxing Medical Electric Co's current Return-on-Tangible-Equity of 6.72% is 49% below median its 10-year median of 13.12. Over the past 10 years, this metric has ranged from a low of 7.56 to a high of 23.63. The Industrial Products industry median Return-on-Tangible-Equity is 6.78. Ningbonxing Medical Electric Co's value of 6.72% is 0.9% below this industry median. Based on the distribution chart, Ningbonxing Medical Electric Co ranks #1166 out of 2972 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Ningbonxing Medical Electric Co has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbonxing Medical Electric Co's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ningbonxing Medical Electric Co ranks #1166 out of 2972 companies for Return-on-Tangible-Equity. This puts Ningbonxing Medical Electric Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.78. Ningbonxing Medical Electric Co's value of 6.72% is 0.9% below this benchmark. Historically, Ningbonxing Medical Electric Co's own Return-on-Tangible-Equity has ranged from 7.56 to 23.63 over the past decade. While the company's 10-year median is 13.12 vs. the industry median of 6.78, Ningbonxing Medical Electric 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.78, based on 2,972 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. Ningbonxing Medical Electric Co's current Return-on-Tangible-Equity of 6.72% is 0.9% 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 Ningbonxing Medical Electric Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbonxing Medical Electric Co's current Return-on-Tangible-Equity is 6.72%, which is 49% below median its own 10-year median of 13.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbonxing Medical Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbonxing Medical Electric Co (SHSE:601567) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥28.10, compared to a current price of ¥15.00 — trading 46.6% below its estimated fair value. The current Return-on-Tangible-Equity is 6.72%, which is 49% below median its 10-year median of 13.12 and 0.9% below the Industrial Products industry median of 6.78. Ningbonxing Medical Electric Co's overall GF Score™ is 69/100 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 Ningbonxing Medical Electric Co (SHSE:601567), the current Return-on-Tangible-Equity is 6.72% 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 Ningbonxing Medical Electric Co (SHSE:601567) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbonxing Medical Electric Co stock appears to be undervalued.
The current stock price of ¥15.00 is trading 46.6% below its estimated GF Value™ of ¥28.10.
GuruFocus considers Ningbonxing Medical Electric Co to be Significantly Undervalued.
Key valuation signals for SHSE:601567:
Return-on-Tangible-Equity: 6.72% (49% below median its 10-year median of 13.12)
GF Value™: ¥28.10 vs. price of ¥15.00 (46.6% below fair value)
Industry Position: 0.9% below the Industrial Products median (#1166 of 2972)
No single metric tells the full story. See the SHSE:601567 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbonxing Medical Electric Co Business Description
Ningbo Sanxing Medical Electric Co Ltd operates in the electricity measurement industry. The product portfolio of the group includes the Meter box, Smart substation, Switchgear, Power distribution automation devices, and others. The company also operates in the Medical Service segment, which is mainly engaged in the construction, operation, investment, and acquisition of hospitals, as well as the finance leasing of hospitals, among others. It generates the majority of its revenue from the Intelligent power distribution segment.
69GF Score
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