Keeson Technology (SHSE:603610) Return-on-Tangible-Equity: 4.73% (As of Mar. 2026) — 57% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603610 Keeson Technology Corp Ltd SHSE:603610
80 GF Score
Price ¥15.10
GF Value ¥13.90
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Keeson Technology Return-on-Tangible-Equity?

Keeson Technology SHSE:603610 -0.33% 80 Return-on-Tangible-Equity is 4.73% as of Mar. 2026, which is 57% below its 10-year median of 10.93. GuruFocus rates SHSE:603610 with a GF Score™ of 80/100 and a GF Value™ of ¥13.90 (Fairly Valued). The stock has 5 warning signs investors should review. Among 421 Furnishings, Fixtures & Appliances companies, Keeson Technology ranks worse than 57.72% 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. Keeson Technology's annualized net income for the quarter that ended in Mar. 2026 was ¥135 Mil. Keeson Technology's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥2,852 Mil. Therefore, Keeson Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.73%.

The historical rank and industry rank for Keeson Technology's Return-on-Tangible-Equity or its related term are showing as below:

SHSE:603610' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.95   Med: 10.93   Max: 46
Current: 3.28

During the past 11 years, Keeson Technology's highest Return-on-Tangible-Equity was 46.00%. The lowest was 0.95%. And the median was 10.93%.

SHSE:603610's Return-on-Tangible-Equity is ranked worse than
57.72% of 421 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.08 vs SHSE:603610: 3.28

Keeson Technology  (SHSE:603610) 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.


Keeson Technology Return-on-Tangible-Equity Related Terms


Keeson Technology Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Keeson Technology'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.

Keeson Technology Return-on-Tangible-Equity Chart

Keeson Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.06 0.95 6.79 5.24 3.70

Keeson Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.26 8.53 5.70 -5.83 4.73

SHSE:603610 vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison

For the Furnishings, Fixtures & Appliances subindustry, Keeson Technology'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.


Keeson Technology Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Keeson Technology's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Keeson Technology's Return-on-Tangible-Equity falls into.


SHSE:603610
80GF Score
Keeson Technology Corp Ltd SHSE:603610
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keeson Technology Return-on-Tangible-Equity Calculation

Keeson Technology's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=104.941/( (2826.57+2849.86 )/ 2 )
=104.941/2838.215
=3.70 %

Keeson Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=134.868/( (2849.86+2854.258)/ 2 )
=134.868/2852.059
=4.73 %

* 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 4.73% mean?
Keeson Technology (SHSE:603610) has a Return-on-Tangible-Equity of 4.73% 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 Keeson Technology and its competitors. This is 57% below median its historical median of 10.93. Over the past decade, Keeson Technology's Return-on-Tangible-Equity has ranged from 0.95 to 46.00. According to the industry distribution chart, Keeson Technology ranks #243 out of 421 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 57.7%.
Is Keeson Technology's Return-on-Tangible-Equity too high?
Keeson Technology's current Return-on-Tangible-Equity of 4.73% is 57% below median its 10-year median of 10.93. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 46.00. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Equity is 5.08. Keeson Technology's value of 4.73% is 6.9% below this industry median. Based on the distribution chart, Keeson Technology ranks #243 out of 421 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Keeson Technology has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keeson Technology's Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Keeson Technology ranks #243 out of 421 companies for Return-on-Tangible-Equity. This places Keeson Technology in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.08. Keeson Technology's value of 4.73% is 6.9% below this benchmark. Historically, Keeson Technology's own Return-on-Tangible-Equity has ranged from 0.95 to 46.00 over the past decade. While the company's 10-year median is 10.93 vs. the industry median of 5.08, Keeson Technology 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Equity among Furnishings, Fixtures & Appliances companies is 5.08, based on 421 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. Keeson Technology's current Return-on-Tangible-Equity of 4.73% is 6.9% 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 Keeson Technology and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Equity is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keeson Technology's current Return-on-Tangible-Equity is 4.73%, which is 57% below median its own 10-year median of 10.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keeson Technology stock overvalued right now?
Based on GuruFocus' analysis, Keeson Technology (SHSE:603610) is currently considered Fairly Valued. The stock's GF Value™ is ¥13.90, compared to a current price of ¥15.10 — trading 8.6% above its estimated fair value. The current Return-on-Tangible-Equity is 4.73%, which is 57% below median its 10-year median of 10.93 and 6.9% below the Furnishings, Fixtures & Appliances industry median of 5.08. Keeson Technology's overall GF Score™ is 80/100 with 5 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 Keeson Technology (SHSE:603610), the current Return-on-Tangible-Equity is 4.73% 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 Keeson Technology (SHSE:603610) Overvalued in 2026?

Based on GuruFocus' analysis, Keeson Technology stock appears to be overvalued. The current stock price of ¥15.10 is trading 8.6% above its estimated GF Value™ of ¥13.90. GuruFocus considers Keeson Technology to be Fairly Valued.

Key valuation signals for SHSE:603610:

  • Return-on-Tangible-Equity: 4.73% (57% below median its 10-year median of 10.93)
  • GF Value™: ¥13.90 vs. price of ¥15.10 (8.6% above fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 6.9% below the Furnishings, Fixtures & Appliances median (#243 of 421)

No single metric tells the full story. See the SHSE:603610 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keeson Technology Business Description

Address No. 158 Qiumao Road, Wangjiangyu Town, Xiuzhou District, Zhejiang Province, Jiaxing, CHN, 314016
Keeson Technology Corp Ltd is engaged in the Research, design, production and sales of intelligent electric beds and related products.
80GF Score

Get the complete analysis for SHSE:603610

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥15.10
Price
¥13.90
GF Value