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Jiangsu Liba Enterprise JSCSHSE:603519 +5.38%84 Return-on-Tangible-Equity is 11.01% as of Mar. 2026, which is 16% below its 10-year median of 13.13. GuruFocus rates SHSE:603519 with a GF Score™ of 84/100 and a GF Value™ of ¥13.15 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,383 Hardware companies, Jiangsu Liba Enterprise JSC ranks better than 73.02% 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. Jiangsu Liba Enterprise JSC's annualized net income for the quarter that ended in Mar. 2026 was ¥135 Mil. Jiangsu Liba Enterprise JSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,229 Mil. Therefore, Jiangsu Liba Enterprise JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.01%.
The historical rank and industry rank for Jiangsu Liba Enterprise JSC's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603519'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.13 Med: 13.13 Max: 54.43
Current: 12.73
During the past 13 years, Jiangsu Liba Enterprise JSC's highest Return-on-Tangible-Equity was 54.43%. The lowest was 11.13%. And the median was 13.13%.
SHSE:603519's Return-on-Tangible-Equity is ranked better than 73.02% of 2383
companies
in the Hardware industry
Industry Median: 5.4
vs SHSE:603519: 12.73
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 Liba Enterprise JSC Return-on-Tangible-Equity Related Terms
Jiangsu Liba Enterprise JSC 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:603519 vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Jiangsu Liba Enterprise JSC'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 Liba Enterprise JSC Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Jiangsu Liba Enterprise JSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Jiangsu Liba Enterprise JSC'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 11.01% mean?
Jiangsu Liba Enterprise JSC (SHSE:603519) has a Return-on-Tangible-Equity of 11.01% 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 Liba Enterprise JSC and its competitors. This is 16% below median its historical median of 13.13. Over the past decade, Jiangsu Liba Enterprise JSC's Return-on-Tangible-Equity has ranged from 11.13 to 54.43. According to the industry distribution chart, Jiangsu Liba Enterprise JSC ranks #643 out of 2383 companies in the Hardware industry, placing it in the top 27%.
Is Jiangsu Liba Enterprise JSC's Return-on-Tangible-Equity too high?
Jiangsu Liba Enterprise JSC's current Return-on-Tangible-Equity of 11.01% is 16% below median its 10-year median of 13.13. Over the past 10 years, this metric has ranged from a low of 11.13 to a high of 54.43. The Hardware industry median Return-on-Tangible-Equity is 5.40. Jiangsu Liba Enterprise JSC's value of 11.01% is 103.9% above this industry median. Based on the distribution chart, Jiangsu Liba Enterprise JSC ranks #643 out of 2383 companies in the Hardware industry, which is above the industry midpoint. Overall, Jiangsu Liba Enterprise JSC has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Liba Enterprise JSC's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Jiangsu Liba Enterprise JSC ranks #643 out of 2383 companies for Return-on-Tangible-Equity. This puts Jiangsu Liba Enterprise JSC in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.40. Jiangsu Liba Enterprise JSC's value of 11.01% is 103.9% above this benchmark. Historically, Jiangsu Liba Enterprise JSC's own Return-on-Tangible-Equity has ranged from 11.13 to 54.43 over the past decade. While the company's 10-year median is 13.13 vs. the industry median of 5.40, Jiangsu Liba Enterprise JSC 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 5.40, based on 2,383 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 Liba Enterprise JSC's current Return-on-Tangible-Equity of 11.01% is 103.9% 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 Liba Enterprise JSC and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Liba Enterprise JSC's current Return-on-Tangible-Equity is 11.01%, which is 16% below median its own 10-year median of 13.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Liba Enterprise JSC stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Liba Enterprise JSC (SHSE:603519) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥13.15, compared to a current price of ¥15.66 — trading 19.1% above its estimated fair value. The current Return-on-Tangible-Equity is 11.01%, which is 16% below median its 10-year median of 13.13 and 103.9% above the Hardware industry median of 5.40. Jiangsu Liba Enterprise JSC's overall GF Score™ is 84/100 with 7 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 Liba Enterprise JSC (SHSE:603519), the current Return-on-Tangible-Equity is 11.01% 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 Liba Enterprise JSC (SHSE:603519) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Liba Enterprise JSC stock appears to be overvalued.
The current stock price of ¥15.66 is trading 19.1% above its estimated GF Value™ of ¥13.15.
GuruFocus considers Jiangsu Liba Enterprise JSC to be Modestly Overvalued.
Key valuation signals for SHSE:603519:
Return-on-Tangible-Equity: 11.01% (16% below median its 10-year median of 13.13)
GF Value™: ¥13.15 vs. price of ¥15.66 (19.1% above fair value)
Industry Position: 103.9% above the Hardware median (#643 of 2383)
No single metric tells the full story. See the SHSE:603519 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Liba Enterprise JSC Ltd is engaged in the research and development, production and sales of composite materials for home appliance appearance. Its products are mainly laminated film (VCM) series products and coated board (PCM) series products, widely used in refrigerators, washing machines, water heaters, microwave ovens, air conditioners, high-end building door panels and other fields.
84GF Score
Get the complete analysis for SHSE:603519
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