Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. ShiJiaZhuang Kelin Electric Co's annualized net income for the quarter that ended in Mar. 2026 was ¥170 Mil. ShiJiaZhuang Kelin Electric Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,750 Mil. Therefore, ShiJiaZhuang Kelin Electric Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.69%.
The historical rank and industry rank for ShiJiaZhuang Kelin Electric Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603050'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.56 Med: 11.2 Max: 23.06
Current: 13.71
During the past 13 years, ShiJiaZhuang Kelin Electric Co's highest Return-on-Tangible-Equity was 23.06%. The lowest was 8.56%. And the median was 11.20%.
SHSE:603050's Return-on-Tangible-Equity is ranked better than 74.02% of 2383
companies
in the Hardware industry
Industry Median: 6.05
vs SHSE:603050: 13.71
ShiJiaZhuang Kelin Electric Co (SHSE:603050) 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.
ShiJiaZhuang Kelin Electric Co Return-on-Tangible-Equity Related Terms
ShiJiaZhuang Kelin 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.
ShiJiaZhuang Kelin Electric Co Return-on-Tangible-Equity Chart
SHSE:603050 vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, ShiJiaZhuang Kelin 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.
ShiJiaZhuang Kelin Electric Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, ShiJiaZhuang Kelin Electric Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ShiJiaZhuang Kelin 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 9.69% mean?
ShiJiaZhuang Kelin Electric Co (SHSE:603050) has a Return-on-Tangible-Equity of 9.69% 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 ShiJiaZhuang Kelin Electric Co and its competitors. This is 13% below median its historical median of 11.20. Over the past decade, ShiJiaZhuang Kelin Electric Co's Return-on-Tangible-Equity has ranged from 8.56 to 23.06. According to the industry distribution chart, ShiJiaZhuang Kelin Electric Co ranks #619 out of 2383 companies in the Hardware industry, placing it in the top 26%.
Is ShiJiaZhuang Kelin Electric Co's Return-on-Tangible-Equity too high?
ShiJiaZhuang Kelin Electric Co's current Return-on-Tangible-Equity of 9.69% is 13% below median its 10-year median of 11.20. Over the past 10 years, this metric has ranged from a low of 8.56 to a high of 23.06. The Hardware industry median Return-on-Tangible-Equity is 6.05. ShiJiaZhuang Kelin Electric Co's value of 9.69% is 60.2% above this industry median. Based on the distribution chart, ShiJiaZhuang Kelin Electric Co ranks #619 out of 2383 companies in the Hardware industry, which is above the industry midpoint. Overall, ShiJiaZhuang Kelin Electric Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ShiJiaZhuang Kelin Electric Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, ShiJiaZhuang Kelin Electric Co ranks #619 out of 2383 companies for Return-on-Tangible-Equity. This puts ShiJiaZhuang Kelin Electric Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.05. ShiJiaZhuang Kelin Electric Co's value of 9.69% is 60.2% above this benchmark. Historically, ShiJiaZhuang Kelin Electric Co's own Return-on-Tangible-Equity has ranged from 8.56 to 23.06 over the past decade. While the company's 10-year median is 11.20 vs. the industry median of 6.05, ShiJiaZhuang Kelin Electric 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 6.05, based on 2,383 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. ShiJiaZhuang Kelin Electric Co's current Return-on-Tangible-Equity of 9.69% is 60.2% 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 ShiJiaZhuang Kelin Electric Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 6.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ShiJiaZhuang Kelin Electric Co's current Return-on-Tangible-Equity is 9.69%, which is 13% below median its own 10-year median of 11.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ShiJiaZhuang Kelin Electric Co stock overvalued right now?
Based on GuruFocus' analysis, ShiJiaZhuang Kelin Electric Co (SHSE:603050) is currently considered Fairly Valued. The stock's GF Value™ is ¥17.10, compared to a current price of ¥18.53 — trading 8.4% above its estimated fair value. The current Return-on-Tangible-Equity is 9.69%, which is 13% below median its 10-year median of 11.20 and 60.2% above the Hardware industry median of 6.05. ShiJiaZhuang Kelin Electric Co's overall GF Score™ is 89/100 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 ShiJiaZhuang Kelin Electric Co (SHSE:603050), the current Return-on-Tangible-Equity is 9.69% 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 ShiJiaZhuang Kelin Electric Co (SHSE:603050) Overvalued in 2026?
Based on GuruFocus' analysis, ShiJiaZhuang Kelin Electric Co stock appears to be overvalued.
The current stock price of ¥18.53 is trading 8.4% above its estimated GF Value™ of ¥17.10.
GuruFocus considers ShiJiaZhuang Kelin Electric Co to be Fairly Valued.
Key valuation signals for SHSE:603050:
Return-on-Tangible-Equity: 9.69% (13% below median its 10-year median of 11.20)
GF Value™: ¥17.10 vs. price of ¥18.53 (8.4% above fair value)
Industry Position: 60.2% above the Hardware median (#619 of 2383)
No single metric tells the full story. See the SHSE:603050 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ShiJiaZhuang Kelin Electric Co Ltd manufactures Intelligent Substation System, Distribution Network Automatic System, Comprehensive Automation and Microcomputer Protection System for Substation, Intelligent Dispatching Automation System, Energy Acquisition System, Smart Meter and Distribution Meter, It also produces Photovoltaic Inverter, HV-LV Prepaid System, HV-LV Breaker and Switchgear, HV Combined Transformer, and Prefabricated Substation.
89GF Score
Get the complete analysis for SHSE:603050
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603050 has been successfully added to your 
