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:603191'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.96 Med: 15.25 Max: 18.98
Current: 3.03
During the past 13 years, Chongqing Wangbian Electric (Group)Corp's highest Return-on-Tangible-Equity was 18.98%. The lowest was 2.96%. And the median was 15.25%.
SHSE:603191's Return-on-Tangible-Equity is ranked worse than 65.11% of 2969
companies
in the Industrial Products industry
Industry Median: 6.76
vs SHSE:603191: 3.03
Chongqing Wangbian Electric (Group)Corp (SHSE:603191) 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.
Chongqing Wangbian Electric (Group)Corp Return-on-Tangible-Equity Related Terms
Chongqing Wangbian Electric (Group)Corp 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.
Chongqing Wangbian Electric (Group)Corp Return-on-Tangible-Equity Chart
Chongqing Wangbian Electric (Group)Corp Annual Data
SHSE:603191 vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Chongqing Wangbian Electric (Group)Corp'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.
Chongqing Wangbian Electric (Group)Corp Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Chongqing Wangbian Electric (Group)Corp's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Chongqing Wangbian Electric (Group)Corp'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 2.20% mean?
Chongqing Wangbian Electric (Group)Corp (SHSE:603191) has a Return-on-Tangible-Equity of 2.20% 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 Chongqing Wangbian Electric (Group)Corp and its competitors. This is 86% below median its historical median of 15.25. Over the past decade, Chongqing Wangbian Electric (Group)Corp's Return-on-Tangible-Equity has ranged from 2.96 to 18.98. According to the industry distribution chart, Chongqing Wangbian Electric (Group)Corp ranks #1933 out of 2969 companies in the Industrial Products industry, placing it in the top 65.1%.
Is Chongqing Wangbian Electric (Group)Corp's Return-on-Tangible-Equity too high?
Chongqing Wangbian Electric (Group)Corp's current Return-on-Tangible-Equity of 2.20% is 86% below median its 10-year median of 15.25. Over the past 10 years, this metric has ranged from a low of 2.96 to a high of 18.98. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. Chongqing Wangbian Electric (Group)Corp's value of 2.20% is 67.5% below this industry median. Based on the distribution chart, Chongqing Wangbian Electric (Group)Corp ranks #1933 out of 2969 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Chongqing Wangbian Electric (Group)Corp has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chongqing Wangbian Electric (Group)Corp's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Chongqing Wangbian Electric (Group)Corp ranks #1933 out of 2969 companies for Return-on-Tangible-Equity. This places Chongqing Wangbian Electric (Group)Corp in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.76. Chongqing Wangbian Electric (Group)Corp's value of 2.20% is 67.5% below this benchmark. Historically, Chongqing Wangbian Electric (Group)Corp's own Return-on-Tangible-Equity has ranged from 2.96 to 18.98 over the past decade. While the company's 10-year median is 15.25 vs. the industry median of 6.76, Chongqing Wangbian Electric (Group)Corp 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.76, based on 2,969 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. Chongqing Wangbian Electric (Group)Corp's current Return-on-Tangible-Equity of 2.20% is 67.5% 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 Chongqing Wangbian Electric (Group)Corp and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Wangbian Electric (Group)Corp's current Return-on-Tangible-Equity is 2.20%, which is 86% below median its own 10-year median of 15.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Wangbian Electric (Group)Corp stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Wangbian Electric (Group)Corp (SHSE:603191) is currently considered Possible Value Trap. The stock's GF Value™ is ¥22.69, compared to a current price of ¥12.42 — trading 45.3% below its estimated fair value. The current Return-on-Tangible-Equity is 2.20%, which is 86% below median its 10-year median of 15.25 and 67.5% below the Industrial Products industry median of 6.76. Chongqing Wangbian Electric (Group)Corp's overall GF Score™ is 76/100 with 7 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 Chongqing Wangbian Electric (Group)Corp (SHSE:603191), the current Return-on-Tangible-Equity is 2.20% 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 Chongqing Wangbian Electric (Group)Corp (SHSE:603191) Overvalued in 2026?
Based on GuruFocus' analysis, Chongqing Wangbian Electric (Group)Corp stock appears to be undervalued.
The current stock price of ¥12.42 is trading 45.3% below its estimated GF Value™ of ¥22.69.
GuruFocus considers Chongqing Wangbian Electric (Group)Corp to be Possible Value Trap.
Key valuation signals for SHSE:603191:
Return-on-Tangible-Equity: 2.20% (86% below median its 10-year median of 15.25)
GF Value™: ¥22.69 vs. price of ¥12.42 (45.3% below fair value)
Industry Position: 67.5% below the Industrial Products median (#1933 of 2969)
No single metric tells the full story. See the SHSE:603191 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chongqing Wangbian Electric (Group)Corp Business Description
Chongqing Wangbian Electric (Group)Corp Ltd is engaged in the research and development, production and sales of power transmission and distribution and control equipment and grain-oriented silicon steel.
76GF Score
Get the complete analysis for SHSE:603191
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:603191 has been successfully added to your 
