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Ningbo Fujia Industrial CoSHSE:603219 -0.67%83 Return-on-Tangible-Equity is 0.28% as of Mar. 2026, which is 99% below its 10-year median of 23.07. GuruFocus rates SHSE:603219 with a GF Score™ of 83/100 and a GF Value™ of ¥19.34 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 421 Furnishings, Fixtures & Appliances companies, Ningbo Fujia Industrial Co ranks worse than 54.87% 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. Ningbo Fujia Industrial Co's annualized net income for the quarter that ended in Mar. 2026 was ¥4 Mil. Ningbo Fujia Industrial Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,495 Mil. Therefore, Ningbo Fujia Industrial Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.28%.
The historical rank and industry rank for Ningbo Fujia Industrial Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603219'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.7 Med: 23.07 Max: 27.33
Current: 3.7
During the past 9 years, Ningbo Fujia Industrial Co's highest Return-on-Tangible-Equity was 27.33%. The lowest was 3.70%. And the median was 23.07%.
SHSE:603219's Return-on-Tangible-Equity is ranked worse than 54.87% of 421
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.07
vs SHSE:603219: 3.70
Ningbo Fujia Industrial Co (SHSE:603219) 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 Fujia Industrial Co Return-on-Tangible-Equity Related Terms
Ningbo Fujia Industrial 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 Fujia Industrial Co Return-on-Tangible-Equity Chart
SHSE:603219 vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, Ningbo Fujia Industrial 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 Fujia Industrial Co Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ningbo Fujia Industrial Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ningbo Fujia Industrial 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 0.28% mean?
Ningbo Fujia Industrial Co (SHSE:603219) has a Return-on-Tangible-Equity of 0.28% 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 Fujia Industrial Co and its competitors. This is 99% below median its historical median of 23.07. Over the past decade, Ningbo Fujia Industrial Co's Return-on-Tangible-Equity has ranged from 3.70 to 27.33. According to the industry distribution chart, Ningbo Fujia Industrial Co ranks #231 out of 421 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 54.9%.
Is Ningbo Fujia Industrial Co's Return-on-Tangible-Equity too high?
Ningbo Fujia Industrial Co's current Return-on-Tangible-Equity of 0.28% is 99% below median its 10-year median of 23.07. Over the past 10 years, this metric has ranged from a low of 3.70 to a high of 27.33. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Equity is 5.07. Ningbo Fujia Industrial Co's value of 0.28% is 94.5% below this industry median. Based on the distribution chart, Ningbo Fujia Industrial Co ranks #231 out of 421 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Ningbo Fujia Industrial Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Fujia Industrial Co's Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Ningbo Fujia Industrial Co ranks #231 out of 421 companies for Return-on-Tangible-Equity. This places Ningbo Fujia Industrial Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.07. Ningbo Fujia Industrial Co's value of 0.28% is 94.5% below this benchmark. Historically, Ningbo Fujia Industrial Co's own Return-on-Tangible-Equity has ranged from 3.70 to 27.33 over the past decade. While the company's 10-year median is 23.07 vs. the industry median of 5.07, Ningbo Fujia Industrial 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 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. Ningbo Fujia Industrial Co's current Return-on-Tangible-Equity of 0.28% is 94.5% 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 Ningbo Fujia Industrial 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. Ningbo Fujia Industrial Co's current Return-on-Tangible-Equity is 0.28%, which is 99% below median its own 10-year median of 23.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Fujia Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Fujia Industrial Co (SHSE:603219) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥19.34, compared to a current price of ¥14.81 — trading 23.4% below its estimated fair value. The current Return-on-Tangible-Equity is 0.28%, which is 99% below median its 10-year median of 23.07 and 94.5% below the Furnishings, Fixtures & Appliances industry median of 5.07. Ningbo Fujia Industrial Co's overall GF Score™ is 83/100 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 Ningbo Fujia Industrial Co (SHSE:603219), the current Return-on-Tangible-Equity is 0.28% 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 Fujia Industrial Co (SHSE:603219) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Fujia Industrial Co stock appears to be undervalued.
The current stock price of ¥14.81 is trading 23.4% below its estimated GF Value™ of ¥19.34.
GuruFocus considers Ningbo Fujia Industrial Co to be Modestly Undervalued.
Key valuation signals for SHSE:603219:
Return-on-Tangible-Equity: 0.28% (99% below median its 10-year median of 23.07)
GF Value™: ¥19.34 vs. price of ¥14.81 (23.4% below fair value)
Industry Position: 94.5% below the Furnishings, Fixtures & Appliances median (#231 of 421)
No single metric tells the full story. See the SHSE:603219 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Fujia Industrial Co Ltd is engaged in the research and development, design, production and sales of intelligent cleaning small household appliances such as vacuum cleaners, sweeping robots, and important components such as brushless motors.
83GF Score
Get the complete analysis for SHSE:603219
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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