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.
SHSE:603165's Return-on-Tangible-Equity is ranked better than 69.67% of 389
companies
in the Packaging & Containers industry
Industry Median: 5.8
vs SHSE:603165: 10.50
Zhejiang Rongsheng Environmental Protection Paper Co (SHSE:603165) 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.
Zhejiang Rongsheng Environmental Protection Paper Co Return-on-Tangible-Equity Related Terms
Zhejiang Rongsheng Environmental Protection Paper 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.
Zhejiang Rongsheng Environmental Protection Paper Co Return-on-Tangible-Equity Chart
Zhejiang Rongsheng Environmental Protection Paper Co Annual Data
SHSE:603165 vs SW, PKG, IP: Return-on-Tangible-Equity Comparison
For the Packaging & Containers subindustry, Zhejiang Rongsheng Environmental Protection Paper 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.
Zhejiang Rongsheng Environmental Protection Paper Co Return-on-Tangible-Equity vs Packaging & Containers 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 13.27% mean?
Zhejiang Rongsheng Environmental Protection Paper Co (SHSE:603165) has a Return-on-Tangible-Equity of 13.27% 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 Zhejiang Rongsheng Environmental Protection Paper Co and its competitors. This is 18% below median its historical median of 16.21. Over the past decade, Zhejiang Rongsheng Environmental Protection Paper Co's Return-on-Tangible-Equity has ranged from 9.15 to 57.01. According to the industry distribution chart, Zhejiang Rongsheng Environmental Protection Paper Co ranks #118 out of 389 companies in the Packaging & Containers industry, placing it in the top 30.3%.
Is Zhejiang Rongsheng Environmental Protection Paper Co's Return-on-Tangible-Equity too high?
Zhejiang Rongsheng Environmental Protection Paper Co's current Return-on-Tangible-Equity of 13.27% is 18% below median its 10-year median of 16.21. Over the past 10 years, this metric has ranged from a low of 9.15 to a high of 57.01. The Packaging & Containers industry median Return-on-Tangible-Equity is 5.80. Zhejiang Rongsheng Environmental Protection Paper Co's value of 13.27% is 128.8% above this industry median. Based on the distribution chart, Zhejiang Rongsheng Environmental Protection Paper Co ranks #118 out of 389 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Zhejiang Rongsheng Environmental Protection Paper Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Rongsheng Environmental Protection Paper Co's Return-on-Tangible-Equity compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Zhejiang Rongsheng Environmental Protection Paper Co ranks #118 out of 389 companies for Return-on-Tangible-Equity. This puts Zhejiang Rongsheng Environmental Protection Paper Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.80. Zhejiang Rongsheng Environmental Protection Paper Co's value of 13.27% is 128.8% above this benchmark. Historically, Zhejiang Rongsheng Environmental Protection Paper Co's own Return-on-Tangible-Equity has ranged from 9.15 to 57.01 over the past decade. While the company's 10-year median is 16.21 vs. the industry median of 5.80, Zhejiang Rongsheng Environmental Protection Paper 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 Packaging & Containers company?
The median Return-on-Tangible-Equity among Packaging & Containers companies is 5.80, based on 389 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. Zhejiang Rongsheng Environmental Protection Paper Co's current Return-on-Tangible-Equity of 13.27% is 128.8% 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 Zhejiang Rongsheng Environmental Protection Paper Co and its competitors. For the Packaging & Containers industry, the median Return-on-Tangible-Equity is 5.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Rongsheng Environmental Protection Paper Co's current Return-on-Tangible-Equity is 13.27%, which is 18% below median its own 10-year median of 16.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Rongsheng Environmental Protection Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Rongsheng Environmental Protection Paper Co (SHSE:603165) is currently considered Fairly Valued. The stock's GF Value™ is ¥12.89, compared to a current price of ¥13.63 — trading 5.7% above its estimated fair value. The current Return-on-Tangible-Equity is 13.27%, which is 18% below median its 10-year median of 16.21 and 128.8% above the Packaging & Containers industry median of 5.80. Zhejiang Rongsheng Environmental Protection Paper Co's overall GF Score™ is 75/100 with 9 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 Zhejiang Rongsheng Environmental Protection Paper Co (SHSE:603165), the current Return-on-Tangible-Equity is 13.27% 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 Zhejiang Rongsheng Environmental Protection Paper Co (SHSE:603165) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Rongsheng Environmental Protection Paper Co stock appears to be overvalued.
The current stock price of ¥13.63 is trading 5.7% above its estimated GF Value™ of ¥12.89.
GuruFocus considers Zhejiang Rongsheng Environmental Protection Paper Co to be Fairly Valued.
Key valuation signals for SHSE:603165:
Return-on-Tangible-Equity: 13.27% (18% below median its 10-year median of 16.21)
GF Value™: ¥12.89 vs. price of ¥13.63 (5.7% above fair value)
Industry Position: 128.8% above the Packaging & Containers median (#118 of 389)
No single metric tells the full story. See the SHSE:603165 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Rongsheng Environmental Protection Paper Co Ltd is engaged in manufacturing of paper and paper products. Its products include kraft liner board, corrugated cardboard and packaging product.
75GF Score
Get the complete analysis for SHSE:603165
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:603165 has been successfully added to your 
