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Fujian Highton Development CoSHSE:603162 +2.45%97 Return-on-Tangible-Equity is 26.34% as of Jun. 2026, which is 118% above its 10-year median of 12.09. GuruFocus rates SHSE:603162 with a GF Score™ of 97/100 and a GF Value™ of ¥12.13 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 978 Transportation companies, Fujian Highton Development Co ranks better than 78.32% 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. Fujian Highton Development Co's annualized net income for the quarter that ended in Jun. 2026 was ¥1,252 Mil. Fujian Highton Development Co's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ¥4,754 Mil. Therefore, Fujian Highton Development Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 26.34%.
The historical rank and industry rank for Fujian Highton Development Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603162'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.41 Med: 12.09 Max: 52.15
Current: 20.02
During the past 11 years, Fujian Highton Development Co's highest Return-on-Tangible-Equity was 52.15%. The lowest was 0.41%. And the median was 12.09%.
SHSE:603162's Return-on-Tangible-Equity is ranked better than 78.32% of 978
companies
in the Transportation industry
Industry Median: 8.97
vs SHSE:603162: 20.02
Fujian Highton Development Co (SHSE:603162) 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.
Fujian Highton Development Co Return-on-Tangible-Equity Related Terms
Fujian Highton Development 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.
Fujian Highton Development Co Return-on-Tangible-Equity Chart
Fujian Highton Development Co Return-on-Tangible-Equity Competitor Comparison
For the Marine Shipping subindustry, Fujian Highton Development 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.
Fujian Highton Development Co Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Fujian Highton Development Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Fujian Highton Development 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 26.34% mean?
Fujian Highton Development Co (SHSE:603162) has a Return-on-Tangible-Equity of 26.34% 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 Fujian Highton Development Co and its competitors. This is 118% above median its historical median of 12.09. Over the past decade, Fujian Highton Development Co's Return-on-Tangible-Equity has ranged from 0.41 to 52.15. According to the industry distribution chart, Fujian Highton Development Co ranks #212 out of 978 companies in the Transportation industry, placing it in the top 21.7%.
Is Fujian Highton Development Co's Return-on-Tangible-Equity too high?
Fujian Highton Development Co's current Return-on-Tangible-Equity of 26.34% is 118% above median its 10-year median of 12.09. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 52.15. The Transportation industry median Return-on-Tangible-Equity is 8.97. Fujian Highton Development Co's value of 26.34% is 193.6% above this industry median. Based on the distribution chart, Fujian Highton Development Co ranks #212 out of 978 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Fujian Highton Development Co has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fujian Highton Development Co's Return-on-Tangible-Equity compare to competitors?
According to the Transportation industry distribution chart, Fujian Highton Development Co ranks #212 out of 978 companies for Return-on-Tangible-Equity. This places Fujian Highton Development Co in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.97. Fujian Highton Development Co's value of 26.34% is 193.6% above this benchmark. Historically, Fujian Highton Development Co's own Return-on-Tangible-Equity has ranged from 0.41 to 52.15 over the past decade. While the company's 10-year median is 12.09 vs. the industry median of 8.97, Fujian Highton Development 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.97, based on 978 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. Fujian Highton Development Co's current Return-on-Tangible-Equity of 26.34% is 193.6% 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 Fujian Highton Development Co and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujian Highton Development Co's current Return-on-Tangible-Equity is 26.34%, which is 118% above median its own 10-year median of 12.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Highton Development Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Highton Development Co (SHSE:603162) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥12.13, compared to a current price of ¥10.88 — trading 10.3% below its estimated fair value. The current Return-on-Tangible-Equity is 26.34%, which is 118% above median its 10-year median of 12.09 and 193.6% above the Transportation industry median of 8.97. Fujian Highton Development Co's overall GF Score™ is 97/100 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 Fujian Highton Development Co (SHSE:603162), the current Return-on-Tangible-Equity is 26.34% 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 Fujian Highton Development Co (SHSE:603162) Overvalued in 2026?
Based on GuruFocus' analysis, Fujian Highton Development Co stock appears to be undervalued.
The current stock price of ¥10.88 is trading 10.3% below its estimated GF Value™ of ¥12.13.
GuruFocus considers Fujian Highton Development Co to be Modestly Undervalued.
Key valuation signals for SHSE:603162:
Return-on-Tangible-Equity: 26.34% (118% above median its 10-year median of 12.09)
GF Value™: ¥12.13 vs. price of ¥10.88 (10.3% below fair value)
Industry Position: 193.6% above the Transportation median (#212 of 978)
No single metric tells the full story. See the SHSE:603162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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