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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. China Bester Group Telecom Co's annualized net income for the quarter that ended in Mar. 2026 was ¥-0 Mil. China Bester Group Telecom Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥2,789 Mil. Therefore, China Bester Group Telecom Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -0.00%.
The historical rank and industry rank for China Bester Group Telecom Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603220'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.81 Med: 9.37 Max: 18.07
Current: 2.81
During the past 12 years, China Bester Group Telecom Co's highest Return-on-Tangible-Equity was 18.07%. The lowest was 2.81%. And the median was 9.37%.
SHSE:603220's Return-on-Tangible-Equity is ranked worse than 74.85% of 326
companies
in the Telecommunication Services industry
Industry Median: 14.9
vs SHSE:603220: 2.81
China Bester Group Telecom Co (SHSE:603220) 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.
China Bester Group Telecom Co Return-on-Tangible-Equity Related Terms
China Bester Group Telecom 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.
China Bester Group Telecom Co Return-on-Tangible-Equity Chart
SHSE:603220 vs VZ, TMUS, T: Return-on-Tangible-Equity Comparison
For the Telecom Services subindustry, China Bester Group Telecom 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.
China Bester Group Telecom Co Return-on-Tangible-Equity vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, China Bester Group Telecom Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where China Bester Group Telecom 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 0.00% mean?
China Bester Group Telecom Co (SHSE:603220) has a Return-on-Tangible-Equity of 0.00% 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 China Bester Group Telecom Co and its competitors. Over the past decade, China Bester Group Telecom Co's Return-on-Tangible-Equity has ranged from 2.81 to 18.07. According to the industry distribution chart, China Bester Group Telecom Co ranks #244 out of 326 companies in the Telecommunication Services industry, placing it in the top 74.8%.
Is China Bester Group Telecom Co's Return-on-Tangible-Equity too high?
China Bester Group Telecom Co's current Return-on-Tangible-Equity is 0.00%. Over the past 10 years, this metric has ranged from a low of 2.81 to a high of 18.07. Based on the distribution chart, China Bester Group Telecom Co ranks #244 out of 326 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, China Bester Group Telecom Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Bester Group Telecom Co's Return-on-Tangible-Equity compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, China Bester Group Telecom Co ranks #244 out of 326 companies for Return-on-Tangible-Equity. This places China Bester Group Telecom Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 14.90. Historically, China Bester Group Telecom Co's own Return-on-Tangible-Equity has ranged from 2.81 to 18.07 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 Telecommunication Services company?
The median Return-on-Tangible-Equity among Telecommunication Services companies is 14.90, based on 326 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 China Bester Group Telecom Co and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Equity is 14.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Bester Group Telecom Co's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Bester Group Telecom Co stock overvalued right now?
Based on GuruFocus' analysis, China Bester Group Telecom Co (SHSE:603220) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥25.71, compared to a current price of ¥19.72 — trading 23.3% below its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. China Bester Group Telecom Co's overall GF Score™ is 81/100 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 China Bester Group Telecom Co (SHSE:603220), the current Return-on-Tangible-Equity is 0.00% 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 China Bester Group Telecom Co (SHSE:603220) Overvalued in 2026?
Based on GuruFocus' analysis, China Bester Group Telecom Co stock appears to be undervalued.
The current stock price of ¥19.72 is trading 23.3% below its estimated GF Value™ of ¥25.71.
GuruFocus considers China Bester Group Telecom Co to be Modestly Undervalued.
Key valuation signals for SHSE:603220:
Return-on-Tangible-Equity: 0.00%
GF Value™: ¥25.71 vs. price of ¥19.72 (23.3% below fair value)
No single metric tells the full story. See the SHSE:603220 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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