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SHSE:603369's Return-on-Tangible-Equity is ranked better than 65.67% of 201
companies
in the Beverages - Alcoholic industry
Industry Median: 8.2
vs SHSE:603369: 14.28
Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369) 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.
Jiangsu King's Luck Brewery Joint-Stock Co Return-on-Tangible-Equity Related Terms
Jiangsu King's Luck Brewery Joint-Stock 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.
Jiangsu King's Luck Brewery Joint-Stock Co Return-on-Tangible-Equity Chart
Jiangsu King's Luck Brewery Joint-Stock Co Annual Data
SHSE:603369 vs BF.B: Return-on-Tangible-Equity Comparison
For the Beverages - Wineries & Distilleries subindustry, Jiangsu King's Luck Brewery Joint-Stock 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.
Jiangsu King's Luck Brewery Joint-Stock Co Return-on-Tangible-Equity vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Jiangsu King's Luck Brewery Joint-Stock Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Jiangsu King's Luck Brewery Joint-Stock 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 32.93% mean?
Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369) has a Return-on-Tangible-Equity of 32.93% 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 Jiangsu King's Luck Brewery Joint-Stock Co and its competitors. This is 54% above median its historical median of 21.43. Over the past decade, Jiangsu King's Luck Brewery Joint-Stock Co's Return-on-Tangible-Equity has ranged from 14.28 to 26.58. According to the industry distribution chart, Jiangsu King's Luck Brewery Joint-Stock Co ranks #69 out of 201 companies in the Beverages - Alcoholic industry, placing it in the top 34.3%.
Is Jiangsu King's Luck Brewery Joint-Stock Co's Return-on-Tangible-Equity too high?
Jiangsu King's Luck Brewery Joint-Stock Co's current Return-on-Tangible-Equity of 32.93% is 54% above median its 10-year median of 21.43. Over the past 10 years, this metric has ranged from a low of 14.28 to a high of 26.58. The Beverages - Alcoholic industry median Return-on-Tangible-Equity is 8.20. Jiangsu King's Luck Brewery Joint-Stock Co's value of 32.93% is 301.6% above this industry median. Based on the distribution chart, Jiangsu King's Luck Brewery Joint-Stock Co ranks #69 out of 201 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Jiangsu King's Luck Brewery Joint-Stock Co has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu King's Luck Brewery Joint-Stock Co's Return-on-Tangible-Equity compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Jiangsu King's Luck Brewery Joint-Stock Co ranks #69 out of 201 companies for Return-on-Tangible-Equity. This puts Jiangsu King's Luck Brewery Joint-Stock Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.20. Jiangsu King's Luck Brewery Joint-Stock Co's value of 32.93% is 301.6% above this benchmark. Historically, Jiangsu King's Luck Brewery Joint-Stock Co's own Return-on-Tangible-Equity has ranged from 14.28 to 26.58 over the past decade. While the company's 10-year median is 21.43 vs. the industry median of 8.20, Jiangsu King's Luck Brewery Joint-Stock 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 Beverages - Alcoholic company?
The median Return-on-Tangible-Equity among Beverages - Alcoholic companies is 8.20, based on 201 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. Jiangsu King's Luck Brewery Joint-Stock Co's current Return-on-Tangible-Equity of 32.93% is 301.6% 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 Jiangsu King's Luck Brewery Joint-Stock Co and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Equity is 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu King's Luck Brewery Joint-Stock Co's current Return-on-Tangible-Equity is 32.93%, which is 54% above median its own 10-year median of 21.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu King's Luck Brewery Joint-Stock Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥39.83, compared to a current price of ¥28.28 — trading 29% below its estimated fair value. The current Return-on-Tangible-Equity is 32.93%, which is 54% above median its 10-year median of 21.43 and 301.6% above the Beverages - Alcoholic industry median of 8.20. Jiangsu King's Luck Brewery Joint-Stock Co's overall GF Score™ is 94/100 with 4 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 Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369), the current Return-on-Tangible-Equity is 32.93% 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 Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu King's Luck Brewery Joint-Stock Co stock appears to be undervalued.
The current stock price of ¥28.28 is trading 29% below its estimated GF Value™ of ¥39.83.
GuruFocus considers Jiangsu King's Luck Brewery Joint-Stock Co to be Modestly Undervalued.
Key valuation signals for SHSE:603369:
Return-on-Tangible-Equity: 32.93% (54% above median its 10-year median of 21.43)
GF Value™: ¥39.83 vs. price of ¥28.28 (29% below fair value)
Industry Position: 301.6% above the Beverages - Alcoholic median (#69 of 201)
No single metric tells the full story. See the SHSE:603369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu King's Luck Brewery Joint-Stock Co Business Description
Jiangsu King's Luck Brewery Joint-Stock Co Ltd is a China-based company engaged in the manufacturing and distribution of liquor. The company markets its products under the Guoyuan, Jinshiyuan, and Gaogou brands. It also offers pre-packaged food. The company conducts its business mainly within Jiangsu province.
94GF Score
Get the complete analysis for SHSE:603369
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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