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Changshu Tongrun Auto Accessory CoSHSE:603201 +0.13%79 Return-on-Tangible-Equity is 8.16% as of Mar. 2026, which is 70% below its 10-year median of 27.41. GuruFocus rates SHSE:603201 with a GF Score™ of 79/100 and a GF Value™ of ¥19.97 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,281 Vehicles & Parts companies, Changshu Tongrun Auto Accessory Co ranks better than 67.21% on this metric.
The historical rank and industry rank for Changshu Tongrun Auto Accessory Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603201'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.52 Med: 27.41 Max: 69.58
Current: 12.52
During the past 8 years, Changshu Tongrun Auto Accessory Co's highest Return-on-Tangible-Equity was 69.58%. The lowest was 12.52%. And the median was 27.41%.
SHSE:603201's Return-on-Tangible-Equity is ranked better than 67.21% of 1281
companies
in the Vehicles & Parts industry
Industry Median: 7.58
vs SHSE:603201: 12.52
Changshu Tongrun Auto Accessory Co (SHSE:603201) 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.
Changshu Tongrun Auto Accessory Co Return-on-Tangible-Equity Related Terms
Changshu Tongrun Auto Accessory 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.
Changshu Tongrun Auto Accessory Co Return-on-Tangible-Equity Chart
SHSE:603201 vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Changshu Tongrun Auto Accessory 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.
Changshu Tongrun Auto Accessory Co Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Changshu Tongrun Auto Accessory Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Changshu Tongrun Auto Accessory 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 (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 8.16% mean?
Changshu Tongrun Auto Accessory Co (SHSE:603201) has a Return-on-Tangible-Equity of 8.16% 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 Changshu Tongrun Auto Accessory Co and its competitors. This is 70% below median its historical median of 27.41. Over the past decade, Changshu Tongrun Auto Accessory Co's Return-on-Tangible-Equity has ranged from 12.52 to 69.58. According to the industry distribution chart, Changshu Tongrun Auto Accessory Co ranks #420 out of 1281 companies in the Vehicles & Parts industry, placing it in the top 32.8%.
Is Changshu Tongrun Auto Accessory Co's Return-on-Tangible-Equity too high?
Changshu Tongrun Auto Accessory Co's current Return-on-Tangible-Equity of 8.16% is 70% below median its 10-year median of 27.41. Over the past 10 years, this metric has ranged from a low of 12.52 to a high of 69.58. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.58. Changshu Tongrun Auto Accessory Co's value of 8.16% is 7.7% above this industry median. Based on the distribution chart, Changshu Tongrun Auto Accessory Co ranks #420 out of 1281 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Changshu Tongrun Auto Accessory Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changshu Tongrun Auto Accessory Co's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Changshu Tongrun Auto Accessory Co ranks #420 out of 1281 companies for Return-on-Tangible-Equity. This puts Changshu Tongrun Auto Accessory Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.58. Changshu Tongrun Auto Accessory Co's value of 8.16% is 7.7% above this benchmark. Historically, Changshu Tongrun Auto Accessory Co's own Return-on-Tangible-Equity has ranged from 12.52 to 69.58 over the past decade. While the company's 10-year median is 27.41 vs. the industry median of 7.58, Changshu Tongrun Auto Accessory 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 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. Changshu Tongrun Auto Accessory Co's current Return-on-Tangible-Equity of 8.16% is 7.7% 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 Changshu Tongrun Auto Accessory 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. Changshu Tongrun Auto Accessory Co's current Return-on-Tangible-Equity is 8.16%, which is 70% below median its own 10-year median of 27.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changshu Tongrun Auto Accessory Co stock overvalued right now?
Based on GuruFocus' analysis, Changshu Tongrun Auto Accessory Co (SHSE:603201) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥19.97, compared to a current price of ¥14.89 — trading 25.4% below its estimated fair value. The current Return-on-Tangible-Equity is 8.16%, which is 70% below median its 10-year median of 27.41 and 7.7% above the Vehicles & Parts industry median of 7.58. Changshu Tongrun Auto Accessory Co's overall GF Score™ is 79/100 with 2 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 Changshu Tongrun Auto Accessory Co (SHSE:603201), the current Return-on-Tangible-Equity is 8.16% 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 Changshu Tongrun Auto Accessory Co (SHSE:603201) Overvalued in 2026?
Based on GuruFocus' analysis, Changshu Tongrun Auto Accessory Co stock appears to be undervalued.
The current stock price of ¥14.89 is trading 25.4% below its estimated GF Value™ of ¥19.97.
GuruFocus considers Changshu Tongrun Auto Accessory Co to be Modestly Undervalued.
Key valuation signals for SHSE:603201:
Return-on-Tangible-Equity: 8.16% (70% below median its 10-year median of 27.41)
GF Value™: ¥19.97 vs. price of ¥14.89 (25.4% below fair value)
Industry Position: 7.7% above the Vehicles & Parts median (#420 of 1281)
No single metric tells the full story. See the SHSE:603201 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changshu Tongrun Auto Accessory Co Business Description
Changshu Tongrun Auto Accessory Co Ltd is engaged in the research and development, manufacturing, and sales of various jacks and their extended products. The company's main products include commercial jacks, vehicle-mounted jacks, professional jacks, lifts, and other automotive maintenance equipment and tools.
79GF Score
Get the complete analysis for SHSE:603201
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