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SHSE:603178's Return-on-Tangible-Equity is ranked worse than 90.09% of 1281
companies
in the Vehicles & Parts industry
Industry Median: 7.58
vs SHSE:603178: -14.66
Ningbo Shenglong Automotive Powertrain System Co (SHSE:603178) 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.
Ningbo Shenglong Automotive Powertrain System Co Return-on-Tangible-Equity Related Terms
Ningbo Shenglong Automotive Powertrain System 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.
Ningbo Shenglong Automotive Powertrain System Co Return-on-Tangible-Equity Chart
Ningbo Shenglong Automotive Powertrain System Co Annual Data
SHSE:603178 vs TSLA, GM, F: Return-on-Tangible-Equity Comparison
For the Auto Manufacturers subindustry, Ningbo Shenglong Automotive Powertrain System 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.
Ningbo Shenglong Automotive Powertrain System Co Return-on-Tangible-Equity vs Vehicles & Parts 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 7.23% mean?
Ningbo Shenglong Automotive Powertrain System Co (SHSE:603178) has a Return-on-Tangible-Equity of 7.23% 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 Ningbo Shenglong Automotive Powertrain System Co and its competitors. This is near median its historical median of 6.76. According to the industry distribution chart, Ningbo Shenglong Automotive Powertrain System Co ranks #1154 out of 1281 companies in the Vehicles & Parts industry, placing it in the top 90.1%.
Is Ningbo Shenglong Automotive Powertrain System Co's Return-on-Tangible-Equity too high?
Ningbo Shenglong Automotive Powertrain System Co's current Return-on-Tangible-Equity of 7.23% is near median its 10-year median of 6.76. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.58. Ningbo Shenglong Automotive Powertrain System Co's value of 7.23% is 4.6% below this industry median. Based on the distribution chart, Ningbo Shenglong Automotive Powertrain System Co ranks #1154 out of 1281 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Ningbo Shenglong Automotive Powertrain System Co has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Shenglong Automotive Powertrain System Co's Return-on-Tangible-Equity compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Ningbo Shenglong Automotive Powertrain System Co ranks #1154 out of 1281 companies for Return-on-Tangible-Equity. This places Ningbo Shenglong Automotive Powertrain System Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.58. Ningbo Shenglong Automotive Powertrain System Co's value of 7.23% is 4.6% below this benchmark. While the company's 10-year median is 6.76 vs. the industry median of 7.58, Ningbo Shenglong Automotive Powertrain System Co has consistently been below 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.58, based on 1,281 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. Ningbo Shenglong Automotive Powertrain System Co's current Return-on-Tangible-Equity of 7.23% is 4.6% below 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 Ningbo Shenglong Automotive Powertrain System Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Shenglong Automotive Powertrain System Co's current Return-on-Tangible-Equity is 7.23%, which is near median its own 10-year median of 6.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Shenglong Automotive Powertrain System Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Shenglong Automotive Powertrain System Co (SHSE:603178) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥19.17, compared to a current price of ¥15.25 — trading 20.4% below its estimated fair value. The current Return-on-Tangible-Equity is 7.23%, which is near median its 10-year median of 6.76 and 4.6% below the Vehicles & Parts industry median of 7.58. Ningbo Shenglong Automotive Powertrain System Co's overall GF Score™ is 55/100 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 Ningbo Shenglong Automotive Powertrain System Co (SHSE:603178), the current Return-on-Tangible-Equity is 7.23% 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 Ningbo Shenglong Automotive Powertrain System Co (SHSE:603178) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Shenglong Automotive Powertrain System Co stock appears to be undervalued.
The current stock price of ¥15.25 is trading 20.4% below its estimated GF Value™ of ¥19.17.
GuruFocus considers Ningbo Shenglong Automotive Powertrain System Co to be Modestly Undervalued.
Key valuation signals for SHSE:603178:
Return-on-Tangible-Equity: 7.23% (near median its 10-year median of 6.76)
GF Value™: ¥19.17 vs. price of ¥15.25 (20.4% below fair value)
Industry Position: 4.6% below the Vehicles & Parts median (#1154 of 1281)
No single metric tells the full story. See the SHSE:603178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Shenglong Automotive Powertrain System Co Business Description
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