Beijing Wantai Biological Pharmacy Enterprise Co (SHSE:603392) Return-on-Tangible-Equity: -1.58% (As of Mar. 2026)

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:603392 Beijing Wantai Biological Pharmacy Enterprise Co Ltd SHSE:603392
55 GF Score
Price ¥29.20
GF Value ¥41.91
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Beijing Wantai Biological Pharmacy Enterprise Co Return-on-Tangible-Equity?

Beijing Wantai Biological Pharmacy Enterprise Co SHSE:603392 -2.57% 55 Return-on-Tangible-Equity is -1.58% as of Mar. 2026. GuruFocus rates SHSE:603392 with a GF Score™ of 55/100 and a GF Value™ of ¥41.91 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,200 Biotechnology companies, Beijing Wantai Biological Pharmacy Enterprise Co ranks better than 74.67% 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. Beijing Wantai Biological Pharmacy Enterprise Co's annualized net income for the quarter that ended in Mar. 2026 was ¥-172 Mil. Beijing Wantai Biological Pharmacy Enterprise Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥10,871 Mil. Therefore, Beijing Wantai Biological Pharmacy Enterprise Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -1.58%.

The historical rank and industry rank for Beijing Wantai Biological Pharmacy Enterprise Co's Return-on-Tangible-Equity or its related term are showing as below:

SHSE:603392' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.55   Med: 25.43   Max: 62.29
Current: -3.48

During the past 13 years, Beijing Wantai Biological Pharmacy Enterprise Co's highest Return-on-Tangible-Equity was 62.29%. The lowest was -3.55%. And the median was 25.43%.

SHSE:603392's Return-on-Tangible-Equity is ranked better than
74.67% of 1200 companies
in the Biotechnology industry
Industry Median: -42.53 vs SHSE:603392: -3.48

Beijing Wantai Biological Pharmacy Enterprise Co  (SHSE:603392) 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.


Beijing Wantai Biological Pharmacy Enterprise Co Return-on-Tangible-Equity Related Terms


Beijing Wantai Biological Pharmacy Enterprise Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Beijing Wantai Biological Pharmacy Enterprise 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.

Beijing Wantai Biological Pharmacy Enterprise Co Return-on-Tangible-Equity Chart

Beijing Wantai Biological Pharmacy Enterprise 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 62.29 58.54 10.37 0.90 -3.55

Beijing Wantai Biological Pharmacy Enterprise 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 -1.83 -3.21 -1.04 -8.13 -1.58

SHSE:603392 vs VRTX, REGN, RVMD: Return-on-Tangible-Equity Comparison

For the Biotechnology subindustry, Beijing Wantai Biological Pharmacy Enterprise 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.


Beijing Wantai Biological Pharmacy Enterprise Co Return-on-Tangible-Equity vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Beijing Wantai Biological Pharmacy Enterprise Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Beijing Wantai Biological Pharmacy Enterprise Co's Return-on-Tangible-Equity falls into.


SHSE:603392
55GF Score
Beijing Wantai Biological Pharmacy Enterprise Co Ltd SHSE:603392
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beijing Wantai Biological Pharmacy Enterprise Co Return-on-Tangible-Equity Calculation

Beijing Wantai Biological Pharmacy Enterprise 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 )
=-398.268/( (11549.938+10901.644 )/ 2 )
=-398.268/11225.791
=-3.55 %

Beijing Wantai Biological Pharmacy Enterprise 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 )
=-171.936/( (10901.644+10840.634)/ 2 )
=-171.936/10871.139
=-1.58 %

* 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 -1.58% mean?
Beijing Wantai Biological Pharmacy Enterprise Co (SHSE:603392) has a Return-on-Tangible-Equity of -1.58% 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 Beijing Wantai Biological Pharmacy Enterprise Co and its competitors. According to the industry distribution chart, Beijing Wantai Biological Pharmacy Enterprise Co ranks #304 out of 1200 companies in the Biotechnology industry, placing it in the top 25.3%.
Is Beijing Wantai Biological Pharmacy Enterprise Co's Return-on-Tangible-Equity too high?
Beijing Wantai Biological Pharmacy Enterprise Co's current Return-on-Tangible-Equity is -1.58%. Based on the distribution chart, Beijing Wantai Biological Pharmacy Enterprise Co ranks #304 out of 1200 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Beijing Wantai Biological Pharmacy Enterprise Co has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Beijing Wantai Biological Pharmacy Enterprise Co's Return-on-Tangible-Equity compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Beijing Wantai Biological Pharmacy Enterprise Co ranks #304 out of 1200 companies for Return-on-Tangible-Equity. This puts Beijing Wantai Biological Pharmacy Enterprise Co in the upper half of its industry. 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 Biotechnology company?
A good Return-on-Tangible-Equity depends on the Biotechnology industry context. 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 Beijing Wantai Biological Pharmacy Enterprise Co and its competitors. Beijing Wantai Biological Pharmacy Enterprise Co's current Return-on-Tangible-Equity is -1.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Wantai Biological Pharmacy Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Wantai Biological Pharmacy Enterprise Co (SHSE:603392) is currently considered Possible Value Trap. The stock's GF Value™ is ¥41.91, compared to a current price of ¥29.20 — trading 30.3% below its estimated fair value. The current Return-on-Tangible-Equity is -1.58%. Beijing Wantai Biological Pharmacy Enterprise Co's overall GF Score™ is 55/100 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 Beijing Wantai Biological Pharmacy Enterprise Co (SHSE:603392), the current Return-on-Tangible-Equity is -1.58% 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 Beijing Wantai Biological Pharmacy Enterprise Co (SHSE:603392) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Wantai Biological Pharmacy Enterprise Co stock appears to be undervalued. The current stock price of ¥29.20 is trading 30.3% below its estimated GF Value™ of ¥41.91. GuruFocus considers Beijing Wantai Biological Pharmacy Enterprise Co to be Possible Value Trap.

Key valuation signals for SHSE:603392:

  • Return-on-Tangible-Equity: -1.58%
  • GF Value™: ¥41.91 vs. price of ¥29.20 (30.3% below fair value)
  • GF Score™: 55/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603392 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Wantai Biological Pharmacy Enterprise Co Business Description

Address No. 31, Science Park Road, Changping District, Beijing, CHN, 102206
Beijing Wantai Biological Pharmacy Enterprise Co Ltd is engaged in research, development, production, and sales of in vitro diagnostic reagents, instruments, and vaccines. The company has two segments: Diagnostic and Vaccine. The Diagnostic segment develops and sells in vitro diagnostic reagents such as ELISA, colloidal gold, biochemical, and chemiluminescent kits, along with instruments including chemiluminescent analyzers, fluorescent analyzers, and nucleic acid purification systems. The Vaccine segment focuses on products like the hepatitis E vaccine, the bivalent HPV vaccine, and the nasal spray COVID-19 vaccine. It generates the majority of its revenue from the Diagnostic segment.
55GF Score

Get the complete analysis for SHSE:603392

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

¥29.20
Price
¥41.91
GF Value