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SHSE:601799's Return-on-Tangible-Equity is ranked better than 77.05% of 1281
companies
in the Vehicles & Parts industry
Industry Median: 7.58
vs SHSE:601799: 15.69
Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) 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.
Changzhou Xingyu Automotive Lighting Systems Co Return-on-Tangible-Equity Related Terms
Changzhou Xingyu Automotive Lighting Systems 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.
Changzhou Xingyu Automotive Lighting Systems Co Return-on-Tangible-Equity Chart
Changzhou Xingyu Automotive Lighting Systems Co Annual Data
SHSE:601799 vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Changzhou Xingyu Automotive Lighting Systems 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.
Changzhou Xingyu Automotive Lighting Systems Co Return-on-Tangible-Equity vs Vehicles & Parts Industry
* 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 12.97% mean?
Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) has a Return-on-Tangible-Equity of 12.97% 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 Changzhou Xingyu Automotive Lighting Systems Co and its competitors. This is 13% below median its historical median of 14.96. Over the past decade, Changzhou Xingyu Automotive Lighting Systems Co's Return-on-Tangible-Equity has ranged from 12.13 to 23.11. According to the industry distribution chart, Changzhou Xingyu Automotive Lighting Systems Co ranks #294 out of 1281 companies in the Vehicles & Parts industry, placing it in the top 23%.
Is Changzhou Xingyu Automotive Lighting Systems Co's Return-on-Tangible-Equity too high?
Changzhou Xingyu Automotive Lighting Systems Co's current Return-on-Tangible-Equity of 12.97% is 13% below median its 10-year median of 14.96. Over the past 10 years, this metric has ranged from a low of 12.13 to a high of 23.11. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.58. Changzhou Xingyu Automotive Lighting Systems Co's value of 12.97% is 71.1% above this industry median. Based on the distribution chart, Changzhou Xingyu Automotive Lighting Systems Co ranks #294 out of 1281 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Changzhou Xingyu Automotive Lighting Systems Co has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changzhou Xingyu Automotive Lighting Systems Co's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Changzhou Xingyu Automotive Lighting Systems Co ranks #294 out of 1281 companies for Return-on-Tangible-Equity. This places Changzhou Xingyu Automotive Lighting Systems Co in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.58. Changzhou Xingyu Automotive Lighting Systems Co's value of 12.97% is 71.1% above this benchmark. Historically, Changzhou Xingyu Automotive Lighting Systems Co's own Return-on-Tangible-Equity has ranged from 12.13 to 23.11 over the past decade. While the company's 10-year median is 14.96 vs. the industry median of 7.58, Changzhou Xingyu Automotive Lighting Systems Co has consistently been above 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.58, based on 1,281 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. Changzhou Xingyu Automotive Lighting Systems Co's current Return-on-Tangible-Equity of 12.97% is 71.1% above 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 Changzhou Xingyu Automotive Lighting Systems Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changzhou Xingyu Automotive Lighting Systems Co's current Return-on-Tangible-Equity is 12.97%, which is 13% below median its own 10-year median of 14.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changzhou Xingyu Automotive Lighting Systems Co stock overvalued right now?
Based on GuruFocus' analysis, Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥182.74, compared to a current price of ¥89.50 — trading 51% below its estimated fair value. The current Return-on-Tangible-Equity is 12.97%, which is 13% below median its 10-year median of 14.96 and 71.1% above the Vehicles & Parts industry median of 7.58. Changzhou Xingyu Automotive Lighting Systems Co's overall GF Score™ is 88/100 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 Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799), the current Return-on-Tangible-Equity is 12.97% 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 Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) Overvalued in 2026?
Based on GuruFocus' analysis, Changzhou Xingyu Automotive Lighting Systems Co stock appears to be undervalued.
The current stock price of ¥89.50 is trading 51% below its estimated GF Value™ of ¥182.74.
GuruFocus considers Changzhou Xingyu Automotive Lighting Systems Co to be Significantly Undervalued.
Key valuation signals for SHSE:601799:
Return-on-Tangible-Equity: 12.97% (13% below median its 10-year median of 14.96)
GF Value™: ¥182.74 vs. price of ¥89.50 (51% below fair value)
Industry Position: 71.1% above the Vehicles & Parts median (#294 of 1281)
No single metric tells the full story. See the SHSE:601799 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changzhou Xingyu Automotive Lighting Systems Co Business Description
Changzhou Xingyu Automotive Lighting Systems Co Ltd specializes in the development, manufacturing, and sale of automotive lighting in China. The company has various types of equipment, namely large injection molding machines, multicolor injection molding machines, plastic surface photo-curing lines, robot gluing and painting stations, vibration and friction welding machines, vacuum aluminum plating machines, and others.
88GF Score
Get the complete analysis for SHSE:601799
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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