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Shandong Gold Phoenix CoSHSE:603586 +1.57%69 Return-on-Tangible-Equity is 1.55% as of Mar. 2026, which is 78% below its 10-year median of 7.13. GuruFocus rates SHSE:603586 with a GF Score™ of 69/100 and a GF Value™ of ¥14.62 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,282 Vehicles & Parts companies, Shandong Gold Phoenix Co ranks worse than 68.02% 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. Shandong Gold Phoenix Co's annualized net income for the quarter that ended in Mar. 2026 was ¥34 Mil. Shandong Gold Phoenix Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥2,199 Mil. Therefore, Shandong Gold Phoenix Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.55%.
The historical rank and industry rank for Shandong Gold Phoenix Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603586'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.59 Med: 7.13 Max: 26.92
Current: 3.18
During the past 13 years, Shandong Gold Phoenix Co's highest Return-on-Tangible-Equity was 26.92%. The lowest was -2.59%. And the median was 7.13%.
SHSE:603586's Return-on-Tangible-Equity is ranked worse than 68.02% of 1282
companies
in the Vehicles & Parts industry
Industry Median: 7.59
vs SHSE:603586: 3.18
Shandong Gold Phoenix Co (SHSE:603586) 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.
Shandong Gold Phoenix Co Return-on-Tangible-Equity Related Terms
Shandong Gold Phoenix Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Shandong Gold Phoenix 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.
Shandong Gold Phoenix Co Return-on-Tangible-Equity Chart
SHSE:603586 vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Shandong Gold Phoenix 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.
Shandong Gold Phoenix Co Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Shandong Gold Phoenix Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shandong Gold Phoenix 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 1.55% mean?
Shandong Gold Phoenix Co (SHSE:603586) has a Return-on-Tangible-Equity of 1.55% 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 Shandong Gold Phoenix Co and its competitors. This is 78% below median its historical median of 7.13. According to the industry distribution chart, Shandong Gold Phoenix Co ranks #872 out of 1282 companies in the Vehicles & Parts industry, placing it in the top 68%.
Is Shandong Gold Phoenix Co's Return-on-Tangible-Equity too high?
Shandong Gold Phoenix Co's current Return-on-Tangible-Equity of 1.55% is 78% below median its 10-year median of 7.13. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.59. Shandong Gold Phoenix Co's value of 1.55% is 79.6% below this industry median. Based on the distribution chart, Shandong Gold Phoenix Co ranks #872 out of 1282 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Shandong Gold Phoenix Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Gold Phoenix Co's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shandong Gold Phoenix Co ranks #872 out of 1282 companies for Return-on-Tangible-Equity. This places Shandong Gold Phoenix Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.59. Shandong Gold Phoenix Co's value of 1.55% is 79.6% below this benchmark. While the company's 10-year median is 7.13 vs. the industry median of 7.59, Shandong Gold Phoenix Co 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.59, based on 1,282 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. Shandong Gold Phoenix Co's current Return-on-Tangible-Equity of 1.55% is 79.6% 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 Shandong Gold Phoenix Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Gold Phoenix Co's current Return-on-Tangible-Equity is 1.55%, which is 78% below median its own 10-year median of 7.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Gold Phoenix Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Gold Phoenix Co (SHSE:603586) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.62, compared to a current price of ¥12.90 — trading 11.8% below its estimated fair value. The current Return-on-Tangible-Equity is 1.55%, which is 78% below median its 10-year median of 7.13 and 79.6% below the Vehicles & Parts industry median of 7.59. Shandong Gold Phoenix Co's overall GF Score™ is 69/100 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 Shandong Gold Phoenix Co (SHSE:603586), the current Return-on-Tangible-Equity is 1.55% 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 Shandong Gold Phoenix Co (SHSE:603586) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Gold Phoenix Co stock appears to be undervalued.
The current stock price of ¥12.90 is trading 11.8% below its estimated GF Value™ of ¥14.62.
GuruFocus considers Shandong Gold Phoenix Co to be Modestly Undervalued.
Key valuation signals for SHSE:603586:
Return-on-Tangible-Equity: 1.55% (78% below median its 10-year median of 7.13)
GF Value™: ¥14.62 vs. price of ¥12.90 (11.8% below fair value)
Industry Position: 79.6% below the Vehicles & Parts median (#872 of 1282)
No single metric tells the full story. See the SHSE:603586 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Gold Phoenix Co Ltd is a Chinese company engaged in the business of manufacturing braking friction products. Its product portfolio includes disc brake pad, brake shoe, brake disc, brake pad, brake lining for passenger and commercial vehicles and brake products for industrial applications. The company offers its products in China, and also exports its products into other countries. The brands owned by the company are LBP, LJP and JSA.
69GF Score
Get the complete analysis for SHSE:603586
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