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Zhejiang Tion Vanly Tech CoSHSE:603210 +0.52%44 Return-on-Tangible-Equity is 12.60% as of Mar. 2026, which is 32% below its 10-year median of 18.66. GuruFocus rates SHSE:603210 with a GF Score™ of 44/100. The stock has 5 warning signs investors should review. Among 1,282 Vehicles & Parts companies, Zhejiang Tion Vanly Tech Co ranks better than 69.19% 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. Zhejiang Tion Vanly Tech Co's annualized net income for the quarter that ended in Mar. 2026 was ¥225 Mil. Zhejiang Tion Vanly Tech Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,782 Mil. Therefore, Zhejiang Tion Vanly Tech Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.60%.
The historical rank and industry rank for Zhejiang Tion Vanly Tech Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603210'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.23 Med: 18.66 Max: 22.46
Current: 13.46
During the past 6 years, Zhejiang Tion Vanly Tech Co's highest Return-on-Tangible-Equity was 22.46%. The lowest was 5.23%. And the median was 18.66%.
SHSE:603210's Return-on-Tangible-Equity is ranked better than 69.19% of 1282
companies
in the Vehicles & Parts industry
Industry Median: 7.59
vs SHSE:603210: 13.46
Zhejiang Tion Vanly Tech Co (SHSE:603210) 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 Tion Vanly Tech Co Return-on-Tangible-Equity Related Terms
Zhejiang Tion Vanly Tech 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 Tion Vanly Tech Co Return-on-Tangible-Equity Chart
SHSE:603210 vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Zhejiang Tion Vanly Tech 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 Tion Vanly Tech Co Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Tion Vanly Tech Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zhejiang Tion Vanly Tech 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 12.60% mean?
Zhejiang Tion Vanly Tech Co (SHSE:603210) has a Return-on-Tangible-Equity of 12.60% 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 Tion Vanly Tech Co and its competitors. This is 32% below median its historical median of 18.66. Over the past decade, Zhejiang Tion Vanly Tech Co's Return-on-Tangible-Equity has ranged from 5.23 to 22.46. According to the industry distribution chart, Zhejiang Tion Vanly Tech Co ranks #395 out of 1282 companies in the Vehicles & Parts industry, placing it in the top 30.8%.
Is Zhejiang Tion Vanly Tech Co's Return-on-Tangible-Equity too high?
Zhejiang Tion Vanly Tech Co's current Return-on-Tangible-Equity of 12.60% is 32% below median its 10-year median of 18.66. Over the past 10 years, this metric has ranged from a low of 5.23 to a high of 22.46. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.59. Zhejiang Tion Vanly Tech Co's value of 12.60% is 66% above this industry median. Based on the distribution chart, Zhejiang Tion Vanly Tech Co ranks #395 out of 1282 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Zhejiang Tion Vanly Tech Co has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Tion Vanly Tech Co's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Zhejiang Tion Vanly Tech Co ranks #395 out of 1282 companies for Return-on-Tangible-Equity. This puts Zhejiang Tion Vanly Tech Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.59. Zhejiang Tion Vanly Tech Co's value of 12.60% is 66% above this benchmark. Historically, Zhejiang Tion Vanly Tech Co's own Return-on-Tangible-Equity has ranged from 5.23 to 22.46 over the past decade. While the company's 10-year median is 18.66 vs. the industry median of 7.59, Zhejiang Tion Vanly Tech 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 7.59, based on 1,282 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 Tion Vanly Tech Co's current Return-on-Tangible-Equity of 12.60% is 66% 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 Tion Vanly Tech Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Tion Vanly Tech Co's current Return-on-Tangible-Equity is 12.60%, which is 32% below median its own 10-year median of 18.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Tion Vanly Tech Co stock overvalued right now?
Zhejiang Tion Vanly Tech Co (SHSE:603210) has a current Return-on-Tangible-Equity of 12.60%. The current Return-on-Tangible-Equity is 12.60%, which is 32% below median its 10-year median of 18.66 and 66% above the Vehicles & Parts industry median of 7.59. Zhejiang Tion Vanly Tech Co's overall GF Score™ is 44/100 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 Zhejiang Tion Vanly Tech Co (SHSE:603210), the current Return-on-Tangible-Equity is 12.60% 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.
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