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EmbedWay Technologies (Shanghai)SHSE:603496 +2.25%80 Return-on-Tangible-Equity is 1.69% as of Mar. 2026, which is 73% below its 10-year median of 6.21. GuruFocus rates SHSE:603496 with a GF Score™ of 80/100 and a GF Value™ of ¥37.99 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,384 Hardware companies, EmbedWay Technologies (Shanghai) ranks worse than 56.88% on this metric.
The historical rank and industry rank for EmbedWay Technologies (Shanghai)'s Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603496'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2 Med: 6.21 Max: 25.33
Current: 3.56
During the past 13 years, EmbedWay Technologies (Shanghai)'s highest Return-on-Tangible-Equity was 25.33%. The lowest was 2.00%. And the median was 6.21%.
SHSE:603496's Return-on-Tangible-Equity is ranked worse than 56.88% of 2384
companies
in the Hardware industry
Industry Median: 5.32
vs SHSE:603496: 3.56
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.
EmbedWay Technologies (Shanghai) Return-on-Tangible-Equity Related Terms
EmbedWay Technologies (Shanghai) 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.
SHSE:603496 vs CSCO, MSI, HPE: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, EmbedWay Technologies (Shanghai)'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.
EmbedWay Technologies (Shanghai) Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, EmbedWay Technologies (Shanghai)'s Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where EmbedWay Technologies (Shanghai)'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 1.69% mean?
EmbedWay Technologies (Shanghai) (SHSE:603496) has a Return-on-Tangible-Equity of 1.69% 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 EmbedWay Technologies (Shanghai) and its competitors. This is 73% below median its historical median of 6.21. Over the past decade, EmbedWay Technologies (Shanghai)'s Return-on-Tangible-Equity has ranged from 2.00 to 25.33. According to the industry distribution chart, EmbedWay Technologies (Shanghai) ranks #1356 out of 2384 companies in the Hardware industry, placing it in the top 56.9%.
Is EmbedWay Technologies (Shanghai)'s Return-on-Tangible-Equity too high?
EmbedWay Technologies (Shanghai)'s current Return-on-Tangible-Equity of 1.69% is 73% below median its 10-year median of 6.21. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 25.33. The Hardware industry median Return-on-Tangible-Equity is 5.32. EmbedWay Technologies (Shanghai)'s value of 1.69% is 68.2% below this industry median. Based on the distribution chart, EmbedWay Technologies (Shanghai) ranks #1356 out of 2384 companies in the Hardware industry, which is below the industry midpoint. Overall, EmbedWay Technologies (Shanghai) has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EmbedWay Technologies (Shanghai)'s Return-on-Tangible-Equity compare to CSCO and MSI?
According to the Hardware industry distribution chart, EmbedWay Technologies (Shanghai) ranks #1356 out of 2384 companies for Return-on-Tangible-Equity. This places EmbedWay Technologies (Shanghai) in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.32. EmbedWay Technologies (Shanghai)'s value of 1.69% is 68.2% below this benchmark. Historically, EmbedWay Technologies (Shanghai)'s own Return-on-Tangible-Equity has ranged from 2.00 to 25.33 over the past decade. While the company's 10-year median is 6.21 vs. the industry median of 5.32, EmbedWay Technologies (Shanghai) has consistently been below 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.32, based on 2,384 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. EmbedWay Technologies (Shanghai)'s current Return-on-Tangible-Equity of 1.69% is 68.2% below 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 EmbedWay Technologies (Shanghai) and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EmbedWay Technologies (Shanghai)'s current Return-on-Tangible-Equity is 1.69%, which is 73% below median its own 10-year median of 6.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EmbedWay Technologies (Shanghai) stock overvalued right now?
Based on GuruFocus' analysis, EmbedWay Technologies (Shanghai) (SHSE:603496) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥37.99, compared to a current price of ¥25.48 — trading 32.9% below its estimated fair value. The current Return-on-Tangible-Equity is 1.69%, which is 73% below median its 10-year median of 6.21 and 68.2% below the Hardware industry median of 5.32. EmbedWay Technologies (Shanghai)'s overall GF Score™ is 80/100 with 3 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 EmbedWay Technologies (Shanghai) (SHSE:603496), the current Return-on-Tangible-Equity is 1.69% 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 EmbedWay Technologies (Shanghai) (SHSE:603496) Overvalued in 2026?
Based on GuruFocus' analysis, EmbedWay Technologies (Shanghai) stock appears to be undervalued.
The current stock price of ¥25.48 is trading 32.9% below its estimated GF Value™ of ¥37.99.
GuruFocus considers EmbedWay Technologies (Shanghai) to be Significantly Undervalued.
Key valuation signals for SHSE:603496:
Return-on-Tangible-Equity: 1.69% (73% below median its 10-year median of 6.21)
GF Value™: ¥37.99 vs. price of ¥25.48 (32.9% below fair value)
Industry Position: 68.2% below the Hardware median (#1356 of 2384)
No single metric tells the full story. See the SHSE:603496 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EmbedWay Technologies (Shanghai) Business Description
EmbedWay Technologies (Shanghai) Corp is a supplier of DPI front-end applications and standard platforms. It provides products and solutions to various applications, such as telecommunications value-added services, internet safety, network and signaling monitoring, and communication equipment producing, among others. The products of the company are blade platform, standalone device, acceleration card, white box switches, converged computing, media processing, ATCA blade, and others.
80GF Score
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