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The historical rank and industry rank for Zhejiang Biyi Electric Appliance Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603215'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.92 Med: 35.45 Max: 87.12
Current: 4.92
During the past 8 years, Zhejiang Biyi Electric Appliance Co's highest Return-on-Tangible-Equity was 87.12%. The lowest was 4.92%. And the median was 35.45%.
SHSE:603215's Return-on-Tangible-Equity is ranked worse than 50.83% of 421
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.07
vs SHSE:603215: 4.92
Zhejiang Biyi Electric Appliance Co (SHSE:603215) 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 Biyi Electric Appliance Co Return-on-Tangible-Equity Related Terms
Zhejiang Biyi Electric Appliance 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 Biyi Electric Appliance Co Return-on-Tangible-Equity Chart
SHSE:603215 vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, Zhejiang Biyi Electric Appliance 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 Biyi Electric Appliance Co Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Zhejiang Biyi Electric Appliance Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zhejiang Biyi Electric Appliance 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 -6.32% mean?
Zhejiang Biyi Electric Appliance Co (SHSE:603215) has a Return-on-Tangible-Equity of -6.32% 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 Biyi Electric Appliance Co and its competitors. Over the past decade, Zhejiang Biyi Electric Appliance Co's Return-on-Tangible-Equity has ranged from 4.92 to 87.12. According to the industry distribution chart, Zhejiang Biyi Electric Appliance Co ranks #214 out of 421 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 50.8%.
Is Zhejiang Biyi Electric Appliance Co's Return-on-Tangible-Equity too high?
Zhejiang Biyi Electric Appliance Co's current Return-on-Tangible-Equity is -6.32%. Over the past 10 years, this metric has ranged from a low of 4.92 to a high of 87.12. Based on the distribution chart, Zhejiang Biyi Electric Appliance Co ranks #214 out of 421 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Zhejiang Biyi Electric Appliance Co has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Biyi Electric Appliance Co's Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Zhejiang Biyi Electric Appliance Co ranks #214 out of 421 companies for Return-on-Tangible-Equity. This places Zhejiang Biyi Electric Appliance Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.07. Historically, Zhejiang Biyi Electric Appliance Co's own Return-on-Tangible-Equity has ranged from 4.92 to 87.12 over the past decade. 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Equity among Furnishings, Fixtures & Appliances companies is 5.07, based on 421 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. 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 Biyi Electric Appliance Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Equity is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Biyi Electric Appliance Co's current Return-on-Tangible-Equity is -6.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Biyi Electric Appliance Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Biyi Electric Appliance Co (SHSE:603215) is currently considered Possible Value Trap. The stock's GF Value™ is ¥24.55, compared to a current price of ¥14.14 — trading 42.4% below its estimated fair value. The current Return-on-Tangible-Equity is -6.32%. Zhejiang Biyi Electric Appliance Co's overall GF Score™ is 71/100 with 10 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 Biyi Electric Appliance Co (SHSE:603215), the current Return-on-Tangible-Equity is -6.32% 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 Biyi Electric Appliance Co (SHSE:603215) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Biyi Electric Appliance Co stock appears to be undervalued.
The current stock price of ¥14.14 is trading 42.4% below its estimated GF Value™ of ¥24.55.
GuruFocus considers Zhejiang Biyi Electric Appliance Co to be Possible Value Trap.
Key valuation signals for SHSE:603215:
Return-on-Tangible-Equity: -6.32%
GF Value™: ¥24.55 vs. price of ¥14.14 (42.4% below fair value)
No single metric tells the full story. See the SHSE:603215 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Biyi Electric Appliance Co Ltd is engaged in the design, manufacture and sale of air fryers, air ovens, deep fryers, grillers and other small heating kitchen appliances.
71GF Score
Get the complete analysis for SHSE:603215
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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