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Ningbo Tianlong Electronics CoSHSE:603266 +2.50%69 Return-on-Tangible-Equity is 7.50% as of Mar. 2026, which is 11% below its 10-year median of 8.47. GuruFocus rates SHSE:603266 with a GF Score™ of 69/100 and a GF Value™ of ¥18.59 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,282 Vehicles & Parts companies, Ningbo Tianlong Electronics Co ranks worse than 52.26% 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 Tianlong Electronics Co's annualized net income for the quarter that ended in Mar. 2026 was ¥119 Mil. Ningbo Tianlong Electronics Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,589 Mil. Therefore, Ningbo Tianlong Electronics Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.50%.
The historical rank and industry rank for Ningbo Tianlong Electronics Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603266'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.95 Med: 8.47 Max: 20.96
Current: 7.1
During the past 13 years, Ningbo Tianlong Electronics Co's highest Return-on-Tangible-Equity was 20.96%. The lowest was 6.95%. And the median was 8.47%.
SHSE:603266's Return-on-Tangible-Equity is ranked worse than 52.26% of 1282
companies
in the Vehicles & Parts industry
Industry Median: 7.59
vs SHSE:603266: 7.10
Ningbo Tianlong Electronics Co (SHSE:603266) 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 Tianlong Electronics Co Return-on-Tangible-Equity Related Terms
Ningbo Tianlong Electronics 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 Tianlong Electronics Co Return-on-Tangible-Equity Chart
SHSE:603266 vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Ningbo Tianlong Electronics 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 Tianlong Electronics Co Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Tianlong Electronics Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ningbo Tianlong Electronics 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 7.50% mean?
Ningbo Tianlong Electronics Co (SHSE:603266) has a Return-on-Tangible-Equity of 7.50% 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 Tianlong Electronics Co and its competitors. This is 11% below median its historical median of 8.47. Over the past decade, Ningbo Tianlong Electronics Co's Return-on-Tangible-Equity has ranged from 6.95 to 20.96. According to the industry distribution chart, Ningbo Tianlong Electronics Co ranks #670 out of 1282 companies in the Vehicles & Parts industry, placing it in the top 52.3%.
Is Ningbo Tianlong Electronics Co's Return-on-Tangible-Equity too high?
Ningbo Tianlong Electronics Co's current Return-on-Tangible-Equity of 7.50% is 11% below median its 10-year median of 8.47. Over the past 10 years, this metric has ranged from a low of 6.95 to a high of 20.96. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.59. Ningbo Tianlong Electronics Co's value of 7.50% is 1.2% below this industry median. Based on the distribution chart, Ningbo Tianlong Electronics Co ranks #670 out of 1282 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Ningbo Tianlong Electronics Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Tianlong Electronics Co's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Ningbo Tianlong Electronics Co ranks #670 out of 1282 companies for Return-on-Tangible-Equity. This places Ningbo Tianlong Electronics Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.59. Ningbo Tianlong Electronics Co's value of 7.50% is 1.2% below this benchmark. Historically, Ningbo Tianlong Electronics Co's own Return-on-Tangible-Equity has ranged from 6.95 to 20.96 over the past decade. While the company's 10-year median is 8.47 vs. the industry median of 7.59, Ningbo Tianlong Electronics 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 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. Ningbo Tianlong Electronics Co's current Return-on-Tangible-Equity of 7.50% is 1.2% 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 Tianlong Electronics 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. Ningbo Tianlong Electronics Co's current Return-on-Tangible-Equity is 7.50%, which is 11% below median its own 10-year median of 8.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Tianlong Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Tianlong Electronics Co (SHSE:603266) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥18.59, compared to a current price of ¥15.16 — trading 18.5% below its estimated fair value. The current Return-on-Tangible-Equity is 7.50%, which is 11% below median its 10-year median of 8.47 and 1.2% below the Vehicles & Parts industry median of 7.59. Ningbo Tianlong Electronics Co's overall GF Score™ is 69/100 with 1 warning sign 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 Tianlong Electronics Co (SHSE:603266), the current Return-on-Tangible-Equity is 7.50% 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 Tianlong Electronics Co (SHSE:603266) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Tianlong Electronics Co stock appears to be undervalued.
The current stock price of ¥15.16 is trading 18.5% below its estimated GF Value™ of ¥18.59.
GuruFocus considers Ningbo Tianlong Electronics Co to be Modestly Undervalued.
Key valuation signals for SHSE:603266:
Return-on-Tangible-Equity: 7.50% (11% below median its 10-year median of 8.47)
GF Value™: ¥18.59 vs. price of ¥15.16 (18.5% below fair value)
Industry Position: 1.2% below the Vehicles & Parts median (#670 of 1282)
No single metric tells the full story. See the SHSE:603266 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Tianlong Electronics Co Ltd produces and sells plastic parts for electronic products in China. It offers industrial parts for use in medium-low and low voltage products, adapters, and low-voltage terminals and distribution cabinets. It also provides plastic casings for cellular phones and digital cameras; and high precision plastic parts, such as car cooling fans, gear housings, BCM housings, GID/TID housings, brush holders, filter components, and other small components for vehicles. In addition, the company produces molds for consumer products, precision automotive parts, precision industrial products; and plastic parts for printers and other consumer products, wall plates, and power sockets, as well as engages in the turnkey assembly of cell phone and digital camera mockup.
69GF Score
Get the complete analysis for SHSE:603266
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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