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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. Lanpec Technologies Co's annualized net income for the quarter that ended in Mar. 2026 was ¥49.2 Mil. Lanpec Technologies Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,209.4 Mil. Therefore, Lanpec Technologies Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.07%.
The historical rank and industry rank for Lanpec Technologies Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:601798'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.99 Med: -6.43 Max: 4.58
Current: 4.58
During the past 13 years, Lanpec Technologies Co's highest Return-on-Tangible-Equity was 4.58%. The lowest was -12.99%. And the median was -6.43%.
SHSE:601798's Return-on-Tangible-Equity is ranked worse than 56.1% of 943
companies
in the Oil & Gas industry
Industry Median: 6.78
vs SHSE:601798: 4.58
Lanpec Technologies Co (SHSE:601798) 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.
Lanpec Technologies Co Return-on-Tangible-Equity Related Terms
Lanpec Technologies Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Lanpec Technologies 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.
Lanpec Technologies Co Return-on-Tangible-Equity Chart
SHSE:601798 vs SLB, BKR, HAL: Return-on-Tangible-Equity Comparison
For the Oil & Gas Equipment & Services subindustry, Lanpec Technologies 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.
Lanpec Technologies Co Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Lanpec Technologies Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lanpec Technologies 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 4.07% mean?
Lanpec Technologies Co (SHSE:601798) has a Return-on-Tangible-Equity of 4.07% 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 Lanpec Technologies Co and its competitors. According to the industry distribution chart, Lanpec Technologies Co ranks #529 out of 943 companies in the Oil & Gas industry, placing it in the top 56.1%.
Is Lanpec Technologies Co's Return-on-Tangible-Equity too high?
Lanpec Technologies Co's current Return-on-Tangible-Equity is 4.07%. The Oil & Gas industry median Return-on-Tangible-Equity is 6.78. Lanpec Technologies Co's value of 4.07% is 40% below this industry median. Based on the distribution chart, Lanpec Technologies Co ranks #529 out of 943 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Lanpec Technologies Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lanpec Technologies Co's Return-on-Tangible-Equity compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Lanpec Technologies Co ranks #529 out of 943 companies for Return-on-Tangible-Equity. This places Lanpec Technologies Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.78. Lanpec Technologies Co's value of 4.07% is 40% below this benchmark. 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 Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.78, based on 943 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. Lanpec Technologies Co's current Return-on-Tangible-Equity of 4.07% is 40% 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 Lanpec Technologies Co and its competitors. For the Oil & Gas 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. Lanpec Technologies Co's current Return-on-Tangible-Equity is 4.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lanpec Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Lanpec Technologies Co (SHSE:601798) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.64, compared to a current price of ¥6.76 — trading 21.8% below its estimated fair value. The current Return-on-Tangible-Equity is 4.07% and 40% below the Oil & Gas industry median of 6.78. Lanpec Technologies Co's overall GF Score™ is 58/100 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 Lanpec Technologies Co (SHSE:601798), the current Return-on-Tangible-Equity is 4.07% 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 Lanpec Technologies Co (SHSE:601798) Overvalued in 2026?
Based on GuruFocus' analysis, Lanpec Technologies Co stock appears to be undervalued.
The current stock price of ¥6.76 is trading 21.8% below its estimated GF Value™ of ¥8.64.
GuruFocus considers Lanpec Technologies Co to be Modestly Undervalued.
Key valuation signals for SHSE:601798:
Return-on-Tangible-Equity: 4.07%
GF Value™: ¥8.64 vs. price of ¥6.76 (21.8% below fair value)
Industry Position: 40% below the Oil & Gas median (#529 of 943)
No single metric tells the full story. See the SHSE:601798 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lanpec Technologies Co Ltd is engaged in the oil drilling machinery and equipment, refining and chemical equipment, marine and desert petroleum equipment and engineering, refining and chemical processing, and light industry and food machinery research.
58GF Score
Get the complete analysis for SHSE:601798
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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