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Chinatellite Communications CoSHSE:601698 -2.26%77 Return-on-Tangible-Equity is 0.74% as of Mar. 2026, which is 85% below its 10-year median of 4.94. GuruFocus rates SHSE:601698 with a GF Score™ of 77/100 and a GF Value™ of ¥23.79 (Fairly Valued). The stock has 4 warning signs investors should review. Among 326 Telecommunication Services companies, Chinatellite Communications Co ranks worse than 75.15% 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. Chinatellite Communications Co's annualized net income for the quarter that ended in Mar. 2026 was ¥107 Mil. Chinatellite Communications Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥14,497 Mil. Therefore, Chinatellite Communications Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.74%.
The historical rank and industry rank for Chinatellite Communications Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:601698'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.56 Med: 4.94 Max: 7.69
Current: 2.76
During the past 12 years, Chinatellite Communications Co's highest Return-on-Tangible-Equity was 7.69%. The lowest was 2.56%. And the median was 4.94%.
SHSE:601698's Return-on-Tangible-Equity is ranked worse than 75.15% of 326
companies
in the Telecommunication Services industry
Industry Median: 14.255
vs SHSE:601698: 2.76
Chinatellite Communications Co (SHSE:601698) 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.
Chinatellite Communications Co Return-on-Tangible-Equity Related Terms
Chinatellite Communications 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.
Chinatellite Communications Co Return-on-Tangible-Equity Chart
SHSE:601698 vs TMUS, VZ, T: Return-on-Tangible-Equity Comparison
For the Telecom Services subindustry, Chinatellite Communications 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.
Chinatellite Communications Co Return-on-Tangible-Equity vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Chinatellite Communications Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Chinatellite Communications 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 0.74% mean?
Chinatellite Communications Co (SHSE:601698) has a Return-on-Tangible-Equity of 0.74% 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 Chinatellite Communications Co and its competitors. This is 85% below median its historical median of 4.94. Over the past decade, Chinatellite Communications Co's Return-on-Tangible-Equity has ranged from 2.56 to 7.69. According to the industry distribution chart, Chinatellite Communications Co ranks #245 out of 326 companies in the Telecommunication Services industry, placing it in the top 75.2%.
Is Chinatellite Communications Co's Return-on-Tangible-Equity too high?
Chinatellite Communications Co's current Return-on-Tangible-Equity of 0.74% is 85% below median its 10-year median of 4.94. Over the past 10 years, this metric has ranged from a low of 2.56 to a high of 7.69. The Telecommunication Services industry median Return-on-Tangible-Equity is 14.26. Chinatellite Communications Co's value of 0.74% is 94.8% below this industry median. Based on the distribution chart, Chinatellite Communications Co ranks #245 out of 326 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Chinatellite Communications Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chinatellite Communications Co's Return-on-Tangible-Equity compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Chinatellite Communications Co ranks #245 out of 326 companies for Return-on-Tangible-Equity. This places Chinatellite Communications Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 14.26. Chinatellite Communications Co's value of 0.74% is 94.8% below this benchmark. Historically, Chinatellite Communications Co's own Return-on-Tangible-Equity has ranged from 2.56 to 7.69 over the past decade. While the company's 10-year median is 4.94 vs. the industry median of 14.26, Chinatellite Communications 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 Telecommunication Services company?
The median Return-on-Tangible-Equity among Telecommunication Services companies is 14.26, based on 326 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. Chinatellite Communications Co's current Return-on-Tangible-Equity of 0.74% is 94.8% 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 Chinatellite Communications Co and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Equity is 14.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chinatellite Communications Co's current Return-on-Tangible-Equity is 0.74%, which is 85% below median its own 10-year median of 4.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chinatellite Communications Co stock overvalued right now?
Based on GuruFocus' analysis, Chinatellite Communications Co (SHSE:601698) is currently considered Fairly Valued. The stock's GF Value™ is ¥23.79, compared to a current price of ¥25.03 — trading 5.2% above its estimated fair value. The current Return-on-Tangible-Equity is 0.74%, which is 85% below median its 10-year median of 4.94 and 94.8% below the Telecommunication Services industry median of 14.26. Chinatellite Communications Co's overall GF Score™ is 77/100 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 Chinatellite Communications Co (SHSE:601698), the current Return-on-Tangible-Equity is 0.74% 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 Chinatellite Communications Co (SHSE:601698) Overvalued in 2026?
Based on GuruFocus' analysis, Chinatellite Communications Co stock appears to be overvalued.
The current stock price of ¥25.03 is trading 5.2% above its estimated GF Value™ of ¥23.79.
GuruFocus considers Chinatellite Communications Co to be Fairly Valued.
Key valuation signals for SHSE:601698:
Return-on-Tangible-Equity: 0.74% (85% below median its 10-year median of 4.94)
GF Value™: ¥23.79 vs. price of ¥25.03 (5.2% above fair value)
Industry Position: 94.8% below the Telecommunication Services median (#245 of 326)
No single metric tells the full story. See the SHSE:601698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chinatellite Communications Co Business Description
China Satellite Communications Co Ltd is engaged in the development and management of communication and broadcasting satellite systems; the design and development of satellite ground application systems and related equipment. It also offers technical consulting, engineering design, engineering contracting services related to the satellite business.
77GF Score
Get the complete analysis for SHSE:601698
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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