Sichuan Teway Food Group Co (SHSE:603317) Return-on-Tangible-Equity: 24.41% (As of Mar. 2026) — 65% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603317 Sichuan Teway Food Group Co Ltd SHSE:603317
100 GF Score
Price ¥14.13
GF Value ¥15.81
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Sichuan Teway Food Group Co Return-on-Tangible-Equity?

Sichuan Teway Food Group Co SHSE:603317 -0.98% 100 Return-on-Tangible-Equity is 24.41% as of Mar. 2026, which is 65% above its 10-year median of 14.78. GuruFocus rates SHSE:603317 with a GF Score™ of 100/100 and a GF Value™ of ¥15.81 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,877 Consumer Packaged Goods companies, Sichuan Teway Food Group Co ranks better than 77.3% 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. Sichuan Teway Food Group Co's annualized net income for the quarter that ended in Mar. 2026 was ¥1,000 Mil. Sichuan Teway Food Group Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥4,099 Mil. Therefore, Sichuan Teway Food Group Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 24.41%.

The historical rank and industry rank for Sichuan Teway Food Group Co's Return-on-Tangible-Equity or its related term are showing as below:

SHSE:603317' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.96   Med: 14.78   Max: 26.67
Current: 18.72

During the past 13 years, Sichuan Teway Food Group Co's highest Return-on-Tangible-Equity was 26.67%. The lowest was 4.96%. And the median was 14.78%.

SHSE:603317's Return-on-Tangible-Equity is ranked better than
77.3% of 1877 companies
in the Consumer Packaged Goods industry
Industry Median: 7.95 vs SHSE:603317: 18.72

Sichuan Teway Food Group Co  (SHSE:603317) 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.


Sichuan Teway Food Group Co Return-on-Tangible-Equity Related Terms


Sichuan Teway Food Group Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Sichuan Teway Food Group Co's Return-on-Tangible-Equity can be seen below:

* 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.

Sichuan Teway Food Group Co Return-on-Tangible-Equity Chart

Sichuan Teway Food Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.96 8.84 11.47 15.46 14.10

Sichuan Teway Food Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.23 11.72 21.48 18.14 24.41

SHSE:603317 vs KHC, GIS: Return-on-Tangible-Equity Comparison

For the Packaged Foods subindustry, Sichuan Teway Food Group 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.


Sichuan Teway Food Group Co Return-on-Tangible-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sichuan Teway Food Group Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Sichuan Teway Food Group Co's Return-on-Tangible-Equity falls into.


SHSE:603317
100GF Score
Sichuan Teway Food Group Co Ltd SHSE:603317
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sichuan Teway Food Group Co Return-on-Tangible-Equity Calculation

Sichuan Teway Food Group Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=569.711/( (4093.68+3990.038 )/ 2 )
=569.711/4041.859
=14.10 %

Sichuan Teway Food Group Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1000.44/( (3990.038+4208.067)/ 2 )
=1000.44/4099.0525
=24.41 %

* 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 24.41% mean?
Sichuan Teway Food Group Co (SHSE:603317) has a Return-on-Tangible-Equity of 24.41% 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 Sichuan Teway Food Group Co and its competitors. This is 65% above median its historical median of 14.78. Over the past decade, Sichuan Teway Food Group Co's Return-on-Tangible-Equity has ranged from 4.96 to 26.67. According to the industry distribution chart, Sichuan Teway Food Group Co ranks #426 out of 1877 companies in the Consumer Packaged Goods industry, placing it in the top 22.7%.
Is Sichuan Teway Food Group Co's Return-on-Tangible-Equity too high?
Sichuan Teway Food Group Co's current Return-on-Tangible-Equity of 24.41% is 65% above median its 10-year median of 14.78. Over the past 10 years, this metric has ranged from a low of 4.96 to a high of 26.67. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.95. Sichuan Teway Food Group Co's value of 24.41% is 207% above this industry median. Based on the distribution chart, Sichuan Teway Food Group Co ranks #426 out of 1877 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Sichuan Teway Food Group Co has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Teway Food Group Co's Return-on-Tangible-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Sichuan Teway Food Group Co ranks #426 out of 1877 companies for Return-on-Tangible-Equity. This places Sichuan Teway Food Group Co in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.95. Sichuan Teway Food Group Co's value of 24.41% is 207% above this benchmark. Historically, Sichuan Teway Food Group Co's own Return-on-Tangible-Equity has ranged from 4.96 to 26.67 over the past decade. While the company's 10-year median is 14.78 vs. the industry median of 7.95, Sichuan Teway Food Group 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.95, based on 1,877 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. Sichuan Teway Food Group Co's current Return-on-Tangible-Equity of 24.41% is 207% 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 Sichuan Teway Food Group Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sichuan Teway Food Group Co's current Return-on-Tangible-Equity is 24.41%, which is 65% above median its own 10-year median of 14.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Teway Food Group Co stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Teway Food Group Co (SHSE:603317) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.81, compared to a current price of ¥14.13 — trading 10.6% below its estimated fair value. The current Return-on-Tangible-Equity is 24.41%, which is 65% above median its 10-year median of 14.78 and 207% above the Consumer Packaged Goods industry median of 7.95. Sichuan Teway Food Group Co's overall GF Score™ is 100/100 with 2 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 Sichuan Teway Food Group Co (SHSE:603317), the current Return-on-Tangible-Equity is 24.41% 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 Sichuan Teway Food Group Co (SHSE:603317) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Teway Food Group Co stock appears to be undervalued. The current stock price of ¥14.13 is trading 10.6% below its estimated GF Value™ of ¥15.81. GuruFocus considers Sichuan Teway Food Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:603317:

  • Return-on-Tangible-Equity: 24.41% (65% above median its 10-year median of 14.78)
  • GF Value™: ¥15.81 vs. price of ¥14.13 (10.6% below fair value)
  • GF Score™: 100/100 with 2 warning signs
  • Industry Position: 207% above the Consumer Packaged Goods median (#426 of 1877)

No single metric tells the full story. See the SHSE:603317 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sichuan Teway Food Group Co Business Description

Address No. 333, Tengfei 1st Road, Xihanggang Street, Shuangliu District, Sichuan, Chengdu, CHN, 610200
Sichuan Teway Food Group Co Ltd is engaged in the research, development, production, and sale of flavor compound seasonings. Geographically, the activities are carried out through China.
100GF Score

Get the complete analysis for SHSE:603317

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥14.13
Price
¥15.81
GF Value