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The historical rank and industry rank for Henan Thinker Automatic Equipment Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603508'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -26.18 Med: 13.08 Max: 34.11
Current: 21.17
During the past 13 years, Henan Thinker Automatic Equipment Co's highest Return-on-Tangible-Equity was 34.11%. The lowest was -26.18%. And the median was 13.08%.
SHSE:603508's Return-on-Tangible-Equity is ranked better than 86.86% of 2382
companies
in the Hardware industry
Industry Median: 5.485
vs SHSE:603508: 21.17
Henan Thinker Automatic Equipment Co (SHSE:603508) 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.
Henan Thinker Automatic Equipment Co Return-on-Tangible-Equity Related Terms
Henan Thinker Automatic Equipment 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.
Henan Thinker Automatic Equipment Co Return-on-Tangible-Equity Chart
SHSE:603508 vs COHR, KEYS, GRMN: Return-on-Tangible-Equity Comparison
For the Scientific & Technical Instruments subindustry, Henan Thinker Automatic Equipment 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.
Henan Thinker Automatic Equipment Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Henan Thinker Automatic Equipment Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Henan Thinker Automatic Equipment 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 23.26% mean?
Henan Thinker Automatic Equipment Co (SHSE:603508) has a Return-on-Tangible-Equity of 23.26% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Henan Thinker Automatic Equipment Co and its competitors. This is 78% above median its historical median of 13.08. According to the industry distribution chart, Henan Thinker Automatic Equipment Co ranks #313 out of 2382 companies in the Hardware industry, placing it in the top 13.1%.
Is Henan Thinker Automatic Equipment Co's Return-on-Tangible-Equity too high?
Henan Thinker Automatic Equipment Co's current Return-on-Tangible-Equity of 23.26% is 78% above median its 10-year median of 13.08. The Hardware industry median Return-on-Tangible-Equity is 5.49. Henan Thinker Automatic Equipment Co's value of 23.26% is 324.1% above this industry median. Based on the distribution chart, Henan Thinker Automatic Equipment Co ranks #313 out of 2382 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Henan Thinker Automatic Equipment Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Henan Thinker Automatic Equipment Co's Return-on-Tangible-Equity compare to COHR and KEYS?
According to the Hardware industry distribution chart, Henan Thinker Automatic Equipment Co ranks #313 out of 2382 companies for Return-on-Tangible-Equity. This places Henan Thinker Automatic Equipment Co in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.49. Henan Thinker Automatic Equipment Co's value of 23.26% is 324.1% above this benchmark. While the company's 10-year median is 13.08 vs. the industry median of 5.49, Henan Thinker Automatic Equipment 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.49, based on 2,382 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. Henan Thinker Automatic Equipment Co's current Return-on-Tangible-Equity of 23.26% is 324.1% 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 Henan Thinker Automatic Equipment Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henan Thinker Automatic Equipment Co's current Return-on-Tangible-Equity is 23.26%, which is 78% above median its own 10-year median of 13.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Thinker Automatic Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Thinker Automatic Equipment Co (SHSE:603508) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥27.45, compared to a current price of ¥21.50 — trading 21.7% below its estimated fair value. The current Return-on-Tangible-Equity is 23.26%, which is 78% above median its 10-year median of 13.08 and 324.1% above the Hardware industry median of 5.49. Henan Thinker Automatic Equipment Co's overall GF Score™ is 75/100 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 Henan Thinker Automatic Equipment Co (SHSE:603508), the current Return-on-Tangible-Equity is 23.26% as of Jun. 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 Henan Thinker Automatic Equipment Co (SHSE:603508) Overvalued in 2026?
Based on GuruFocus' analysis, Henan Thinker Automatic Equipment Co stock appears to be undervalued.
The current stock price of ¥21.50 is trading 21.7% below its estimated GF Value™ of ¥27.45.
GuruFocus considers Henan Thinker Automatic Equipment Co to be Modestly Undervalued.
Key valuation signals for SHSE:603508:
Return-on-Tangible-Equity: 23.26% (78% above median its 10-year median of 13.08)
GF Value™: ¥27.45 vs. price of ¥21.50 (21.7% below fair value)
Industry Position: 324.1% above the Hardware median (#313 of 2382)
No single metric tells the full story. See the SHSE:603508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Henan Thinker Automatic Equipment Co Ltd is engaged in Software and IT services. Its products include LKJ2000 train running monitor device, Wireless Shunting Locomotive Signaling and monitoring systems, and among others.
75GF Score
Get the complete analysis for SHSE:603508
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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