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The historical rank and industry rank for Shanghai Runda Medical Technology Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603108'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -26.26 Med: 22.59 Max: 36.03
Current: -26.26
During the past 13 years, Shanghai Runda Medical Technology Co's highest Return-on-Tangible-Equity was 36.03%. The lowest was -26.26%. And the median was 22.59%.
SHSE:603108's Return-on-Tangible-Equity is ranked worse than 70.21% of 188
companies
in the Medical Diagnostics & Research industry
Industry Median: 1.05
vs SHSE:603108: -26.26
Shanghai Runda Medical Technology Co (SHSE:603108) 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.
Shanghai Runda Medical Technology Co Return-on-Tangible-Equity Related Terms
Shanghai Runda Medical Technology 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.
Shanghai Runda Medical Technology Co Return-on-Tangible-Equity Chart
SHSE:603108 vs TMO, DHR, NTRA: Return-on-Tangible-Equity Comparison
For the Diagnostics & Research subindustry, Shanghai Runda Medical Technology 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.
Shanghai Runda Medical Technology Co Return-on-Tangible-Equity vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Shanghai Runda Medical Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shanghai Runda Medical Technology 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -7.50% mean?
Shanghai Runda Medical Technology Co (SHSE:603108) has a Return-on-Tangible-Equity of -7.50% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Shanghai Runda Medical Technology Co and its competitors. According to the industry distribution chart, Shanghai Runda Medical Technology Co ranks #132 out of 188 companies in the Medical Diagnostics & Research industry, placing it in the top 70.2%.
Is Shanghai Runda Medical Technology Co's Return-on-Tangible-Equity too high?
Shanghai Runda Medical Technology Co's current Return-on-Tangible-Equity is -7.50%. Based on the distribution chart, Shanghai Runda Medical Technology Co ranks #132 out of 188 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, Shanghai Runda Medical Technology Co has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanghai Runda Medical Technology Co's Return-on-Tangible-Equity compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Shanghai Runda Medical Technology Co ranks #132 out of 188 companies for Return-on-Tangible-Equity. This places Shanghai Runda Medical Technology Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 1.05. 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 Medical Diagnostics & Research company?
The median Return-on-Tangible-Equity among Medical Diagnostics & Research companies is 1.05, based on 188 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 Shanghai Runda Medical Technology Co and its competitors. For the Medical Diagnostics & Research industry, the median Return-on-Tangible-Equity is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Runda Medical Technology Co's current Return-on-Tangible-Equity is -7.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Runda Medical Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Runda Medical Technology Co (SHSE:603108) is currently considered Possible Value Trap. The stock's GF Value™ is ¥17.25, compared to a current price of ¥9.87 — trading 42.8% below its estimated fair value. The current Return-on-Tangible-Equity is -7.50%. Shanghai Runda Medical Technology Co's overall GF Score™ is 46/100 with 8 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 Shanghai Runda Medical Technology Co (SHSE:603108), the current Return-on-Tangible-Equity is -7.50% as of Jun. 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 Shanghai Runda Medical Technology Co (SHSE:603108) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Runda Medical Technology Co stock appears to be undervalued.
The current stock price of ¥9.87 is trading 42.8% below its estimated GF Value™ of ¥17.25.
GuruFocus considers Shanghai Runda Medical Technology Co to be Possible Value Trap.
Key valuation signals for SHSE:603108:
Return-on-Tangible-Equity: -7.50%
GF Value™: ¥17.25 vs. price of ¥9.87 (42.8% below fair value)
No single metric tells the full story. See the SHSE:603108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Runda Medical Technology Co Ltd is a medical laboratory integrated service provider based in East China. The company provides in-vitro diagnostic products and professional technical support to various medical laboratories.
46GF Score
Get the complete analysis for SHSE:603108
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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