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The historical rank and industry rank for G-bits Network Technology (Xiamen) Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603444'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 20.5 Med: 29.83 Max: 49.27
Current: 37.53
During the past 13 years, G-bits Network Technology (Xiamen) Co's highest Return-on-Tangible-Equity was 49.27%. The lowest was 20.50%. And the median was 29.83%.
SHSE:603444's Return-on-Tangible-Equity is ranked better than 84.08% of 490
companies
in the Interactive Media industry
Industry Median: 5.225
vs SHSE:603444: 37.53
G-bits Network Technology (Xiamen) Co (SHSE:603444) 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.
G-bits Network Technology (Xiamen) Co Return-on-Tangible-Equity Related Terms
G-bits Network Technology (Xiamen) 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.
G-bits Network Technology (Xiamen) Co Return-on-Tangible-Equity Chart
SHSE:603444 vs NTES, EA, TTWO: Return-on-Tangible-Equity Comparison
For the Electronic Gaming & Multimedia subindustry, G-bits Network Technology (Xiamen) 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.
G-bits Network Technology (Xiamen) Co Return-on-Tangible-Equity vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, G-bits Network Technology (Xiamen) Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where G-bits Network Technology (Xiamen) 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 36.39% mean?
G-bits Network Technology (Xiamen) Co (SHSE:603444) has a Return-on-Tangible-Equity of 36.39% 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 G-bits Network Technology (Xiamen) Co and its competitors. This is 22% above median its historical median of 29.83. Over the past decade, G-bits Network Technology (Xiamen) Co's Return-on-Tangible-Equity has ranged from 20.50 to 49.27. According to the industry distribution chart, G-bits Network Technology (Xiamen) Co ranks #78 out of 490 companies in the Interactive Media industry, placing it in the top 15.9%.
Is G-bits Network Technology (Xiamen) Co's Return-on-Tangible-Equity too high?
G-bits Network Technology (Xiamen) Co's current Return-on-Tangible-Equity of 36.39% is 22% above median its 10-year median of 29.83. Over the past 10 years, this metric has ranged from a low of 20.50 to a high of 49.27. The Interactive Media industry median Return-on-Tangible-Equity is 5.23. G-bits Network Technology (Xiamen) Co's value of 36.39% is 596.5% above this industry median. Based on the distribution chart, G-bits Network Technology (Xiamen) Co ranks #78 out of 490 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, G-bits Network Technology (Xiamen) Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does G-bits Network Technology (Xiamen) Co's Return-on-Tangible-Equity compare to NTES and EA?
According to the Interactive Media industry distribution chart, G-bits Network Technology (Xiamen) Co ranks #78 out of 490 companies for Return-on-Tangible-Equity. This places G-bits Network Technology (Xiamen) Co in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.23. G-bits Network Technology (Xiamen) Co's value of 36.39% is 596.5% above this benchmark. Historically, G-bits Network Technology (Xiamen) Co's own Return-on-Tangible-Equity has ranged from 20.50 to 49.27 over the past decade. While the company's 10-year median is 29.83 vs. the industry median of 5.23, G-bits Network Technology (Xiamen) 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 an Interactive Media company?
The median Return-on-Tangible-Equity among Interactive Media companies is 5.23, based on 490 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. G-bits Network Technology (Xiamen) Co's current Return-on-Tangible-Equity of 36.39% is 596.5% 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 G-bits Network Technology (Xiamen) Co and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Equity is 5.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. G-bits Network Technology (Xiamen) Co's current Return-on-Tangible-Equity is 36.39%, which is 22% above median its own 10-year median of 29.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G-bits Network Technology (Xiamen) Co stock overvalued right now?
Based on GuruFocus' analysis, G-bits Network Technology (Xiamen) Co (SHSE:603444) is currently considered Fairly Valued. The stock's GF Value™ is ¥409.87, compared to a current price of ¥392.49 — trading 4.2% below its estimated fair value. The current Return-on-Tangible-Equity is 36.39%, which is 22% above median its 10-year median of 29.83 and 596.5% above the Interactive Media industry median of 5.23. G-bits Network Technology (Xiamen) Co's overall GF Score™ is 93/100 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 G-bits Network Technology (Xiamen) Co (SHSE:603444), the current Return-on-Tangible-Equity is 36.39% 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 G-bits Network Technology (Xiamen) Co (SHSE:603444) Overvalued in 2026?
Based on GuruFocus' analysis, G-bits Network Technology (Xiamen) Co stock appears to be undervalued.
The current stock price of ¥392.49 is trading 4.2% below its estimated GF Value™ of ¥409.87.
GuruFocus considers G-bits Network Technology (Xiamen) Co to be Fairly Valued.
Key valuation signals for SHSE:603444:
Return-on-Tangible-Equity: 36.39% (22% above median its 10-year median of 29.83)
GF Value™: ¥409.87 vs. price of ¥392.49 (4.2% below fair value)
Industry Position: 596.5% above the Interactive Media median (#78 of 490)
No single metric tells the full story. See the SHSE:603444 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
G-bits Network Technology (Xiamen) Co Ltd develops video games and other multiplayer online games. It offers client, Web, mobile, and VR games. Geographically, it operates through the region of China.
93GF Score
Get the complete analysis for SHSE:603444
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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