China Publishing & Media Holdings Co (SHSE:601949) Return-on-Tangible-Equity: -4.38% (As of Mar. 2026)

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SHSE:601949 China Publishing & Media Holdings Co Ltd SHSE:601949
73 GF Score
Price ¥4.95
GF Value ¥6.31
Valuation Modestly Undervalued
! 5 Warning Signs
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What is China Publishing & Media Holdings Co Return-on-Tangible-Equity?

China Publishing & Media Holdings Co SHSE:601949 -1.59% 73 Return-on-Tangible-Equity is -4.38% as of Mar. 2026. GuruFocus rates SHSE:601949 with a GF Score™ of 73/100 and a GF Value™ of ¥6.31 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 863 Media - Diversified companies, China Publishing & Media Holdings Co ranks better than 53.42% 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. China Publishing & Media Holdings Co's annualized net income for the quarter that ended in Mar. 2026 was ¥-402 Mil. China Publishing & Media Holdings Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥9,159 Mil. Therefore, China Publishing & Media Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -4.38%.

The historical rank and industry rank for China Publishing & Media Holdings Co's Return-on-Tangible-Equity or its related term are showing as below:

SHSE:601949' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.43   Med: 12.06   Max: 17.18
Current: 6.43

During the past 13 years, China Publishing & Media Holdings Co's highest Return-on-Tangible-Equity was 17.18%. The lowest was 6.43%. And the median was 12.06%.

SHSE:601949's Return-on-Tangible-Equity is ranked better than
53.42% of 863 companies
in the Media - Diversified industry
Industry Median: 5.46 vs SHSE:601949: 6.43

China Publishing & Media Holdings Co  (SHSE:601949) 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.


China Publishing & Media Holdings Co Return-on-Tangible-Equity Related Terms


China Publishing & Media Holdings Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for China Publishing & Media Holdings 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.

China Publishing & Media Holdings Co Return-on-Tangible-Equity Chart

China Publishing & Media Holdings Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.86 9.27 12.47 7.55 7.22

China Publishing & Media Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.31 7.34 4.75 18.16 -4.38

SHSE:601949 vs NYT, WLY: Return-on-Tangible-Equity Comparison

For the Publishing subindustry, China Publishing & Media Holdings 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.


China Publishing & Media Holdings Co Return-on-Tangible-Equity vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China Publishing & Media Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where China Publishing & Media Holdings Co's Return-on-Tangible-Equity falls into.


SHSE:601949
73GF Score
China Publishing & Media Holdings Co Ltd SHSE:601949
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Publishing & Media Holdings Co Return-on-Tangible-Equity Calculation

China Publishing & Media Holdings Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=647.197/( (8719.689+9198.199 )/ 2 )
=647.197/8958.944
=7.22 %

China Publishing & Media Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-401.56/( (9198.199+9119.63)/ 2 )
=-401.56/9158.9145
=-4.38 %

* 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 -4.38% mean?
China Publishing & Media Holdings Co (SHSE:601949) has a Return-on-Tangible-Equity of -4.38% 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 China Publishing & Media Holdings Co and its competitors. Over the past decade, China Publishing & Media Holdings Co's Return-on-Tangible-Equity has ranged from 6.43 to 17.18. According to the industry distribution chart, China Publishing & Media Holdings Co ranks #402 out of 863 companies in the Media - Diversified industry, placing it in the top 46.6%.
Is China Publishing & Media Holdings Co's Return-on-Tangible-Equity too high?
China Publishing & Media Holdings Co's current Return-on-Tangible-Equity is -4.38%. Over the past 10 years, this metric has ranged from a low of 6.43 to a high of 17.18. Based on the distribution chart, China Publishing & Media Holdings Co ranks #402 out of 863 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, China Publishing & Media Holdings Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Publishing & Media Holdings Co's Return-on-Tangible-Equity compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, China Publishing & Media Holdings Co ranks #402 out of 863 companies for Return-on-Tangible-Equity. This puts China Publishing & Media Holdings Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.46. Historically, China Publishing & Media Holdings Co's own Return-on-Tangible-Equity has ranged from 6.43 to 17.18 over the past decade. 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 Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.46, based on 863 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. 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 China Publishing & Media Holdings Co and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Publishing & Media Holdings Co's current Return-on-Tangible-Equity is -4.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Publishing & Media Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, China Publishing & Media Holdings Co (SHSE:601949) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.31, compared to a current price of ¥4.95 — trading 21.6% below its estimated fair value. The current Return-on-Tangible-Equity is -4.38%. China Publishing & Media Holdings Co's overall GF Score™ is 73/100 with 5 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 China Publishing & Media Holdings Co (SHSE:601949), the current Return-on-Tangible-Equity is -4.38% 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 China Publishing & Media Holdings Co (SHSE:601949) Overvalued in 2026?

Based on GuruFocus' analysis, China Publishing & Media Holdings Co stock appears to be undervalued. The current stock price of ¥4.95 is trading 21.6% below its estimated GF Value™ of ¥6.31. GuruFocus considers China Publishing & Media Holdings Co to be Modestly Undervalued.

Key valuation signals for SHSE:601949:

  • Return-on-Tangible-Equity: -4.38%
  • GF Value™: ¥6.31 vs. price of ¥4.95 (21.6% below fair value)
  • GF Score™: 73/100 with 5 warning signs

No single metric tells the full story. See the SHSE:601949 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Publishing & Media Holdings Co Business Description

Address No. 55, Chaoyangmennei Street, Dongcheng District, Beijing, CHN, 100010
China Publishing & Media Holdings Co Ltd is a specialized and large-scale publishing group. The company's publishing business mainly includes book publishing, newspaper publishing, electronic audio and video publishing and related copyright business.
73GF Score

Get the complete analysis for SHSE:601949

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥4.95
Price
¥6.31
GF Value