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The historical rank and industry rank for Liaoning Fu-An Heavy Industry Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603315'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.13 Med: 5.57 Max: 9.28
Current: 2.44
During the past 13 years, Liaoning Fu-An Heavy Industry Co's highest Return-on-Tangible-Equity was 9.28%. The lowest was 1.13%. And the median was 5.57%.
SHSE:603315's Return-on-Tangible-Equity is ranked worse than 58.05% of 615
companies
in the Steel industry
Industry Median: 4.23
vs SHSE:603315: 2.44
Liaoning Fu-An Heavy Industry Co (SHSE:603315) 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.
Liaoning Fu-An Heavy Industry Co Return-on-Tangible-Equity Related Terms
Liaoning Fu-An Heavy Industry 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.
Liaoning Fu-An Heavy Industry Co Return-on-Tangible-Equity Chart
SHSE:603315 vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Liaoning Fu-An Heavy Industry 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.
Liaoning Fu-An Heavy Industry Co Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Liaoning Fu-An Heavy Industry Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Liaoning Fu-An Heavy Industry 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 4.70% mean?
Liaoning Fu-An Heavy Industry Co (SHSE:603315) has a Return-on-Tangible-Equity of 4.70% 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 Liaoning Fu-An Heavy Industry Co and its competitors. This is 16% below median its historical median of 5.57. Over the past decade, Liaoning Fu-An Heavy Industry Co's Return-on-Tangible-Equity has ranged from 1.13 to 9.28. According to the industry distribution chart, Liaoning Fu-An Heavy Industry Co ranks #357 out of 615 companies in the Steel industry, placing it in the top 58%.
Is Liaoning Fu-An Heavy Industry Co's Return-on-Tangible-Equity too high?
Liaoning Fu-An Heavy Industry Co's current Return-on-Tangible-Equity of 4.70% is 16% below median its 10-year median of 5.57. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 9.28. The Steel industry median Return-on-Tangible-Equity is 4.23. Liaoning Fu-An Heavy Industry Co's value of 4.70% is 11.1% above this industry median. Based on the distribution chart, Liaoning Fu-An Heavy Industry Co ranks #357 out of 615 companies in the Steel industry, which is below the industry midpoint. Overall, Liaoning Fu-An Heavy Industry Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Liaoning Fu-An Heavy Industry Co's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Liaoning Fu-An Heavy Industry Co ranks #357 out of 615 companies for Return-on-Tangible-Equity. This places Liaoning Fu-An Heavy Industry Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.23. Liaoning Fu-An Heavy Industry Co's value of 4.70% is 11.1% above this benchmark. Historically, Liaoning Fu-An Heavy Industry Co's own Return-on-Tangible-Equity has ranged from 1.13 to 9.28 over the past decade. While the company's 10-year median is 5.57 vs. the industry median of 4.23, Liaoning Fu-An Heavy Industry 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.23, based on 615 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. Liaoning Fu-An Heavy Industry Co's current Return-on-Tangible-Equity of 4.70% is 11.1% 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 Liaoning Fu-An Heavy Industry Co and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liaoning Fu-An Heavy Industry Co's current Return-on-Tangible-Equity is 4.70%, which is 16% below median its own 10-year median of 5.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liaoning Fu-An Heavy Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Liaoning Fu-An Heavy Industry Co (SHSE:603315) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.25, compared to a current price of ¥12.04 — trading 15.5% below its estimated fair value. The current Return-on-Tangible-Equity is 4.70%, which is 16% below median its 10-year median of 5.57 and 11.1% above the Steel industry median of 4.23. Liaoning Fu-An Heavy Industry Co's overall GF Score™ is 75/100 with 8 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 Liaoning Fu-An Heavy Industry Co (SHSE:603315), the current Return-on-Tangible-Equity is 4.70% 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 Liaoning Fu-An Heavy Industry Co (SHSE:603315) Overvalued in 2026?
Based on GuruFocus' analysis, Liaoning Fu-An Heavy Industry Co stock appears to be undervalued.
The current stock price of ¥12.04 is trading 15.5% below its estimated GF Value™ of ¥14.25.
GuruFocus considers Liaoning Fu-An Heavy Industry Co to be Modestly Undervalued.
Key valuation signals for SHSE:603315:
Return-on-Tangible-Equity: 4.70% (16% below median its 10-year median of 5.57)
GF Value™: ¥14.25 vs. price of ¥12.04 (15.5% below fair value)
Industry Position: 11.1% above the Steel median (#357 of 615)
No single metric tells the full story. See the SHSE:603315 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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