Anji Foodstuff Co (SHSE:603696) Return-on-Tangible-Equity: 8.28% (As of Mar. 2026) — 32% Above Median

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SHSE:603696 Anji Foodstuff Co Ltd SHSE:603696
73 GF Score
Price ¥13.19
GF Value ¥10.02
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Anji Foodstuff Co Return-on-Tangible-Equity?

Anji Foodstuff Co SHSE:603696 +1.54% 73 Return-on-Tangible-Equity is 8.28% as of Mar. 2026, which is 32% above its 10-year median of 6.26. GuruFocus rates SHSE:603696 with a GF Score™ of 73/100 and a GF Value™ of ¥10.02 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,877 Consumer Packaged Goods companies, Anji Foodstuff Co ranks worse than 57.27% 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. Anji Foodstuff Co's annualized net income for the quarter that ended in Mar. 2026 was ¥44.8 Mil. Anji Foodstuff Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥540.5 Mil. Therefore, Anji Foodstuff Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.28%.

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

SHSE:603696' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.73   Med: 6.26   Max: 9.8
Current: 6.22

During the past 13 years, Anji Foodstuff Co's highest Return-on-Tangible-Equity was 9.80%. The lowest was 2.73%. And the median was 6.26%.

SHSE:603696's Return-on-Tangible-Equity is ranked worse than
57.27% of 1877 companies
in the Consumer Packaged Goods industry
Industry Median: 7.99 vs SHSE:603696: 6.22

Anji Foodstuff Co  (SHSE:603696) 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.


Anji Foodstuff Co Return-on-Tangible-Equity Related Terms


Anji Foodstuff Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Anji Foodstuff 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.

Anji Foodstuff Co Return-on-Tangible-Equity Chart

Anji Foodstuff Co 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 8.74 2.73 6.08 6.85 5.17

Anji Foodstuff Co 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 4.18 5.27 6.73 4.64 8.28

SHSE:603696 vs KHC, GIS: Return-on-Tangible-Equity Comparison

For the Packaged Foods subindustry, Anji Foodstuff 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.


Anji Foodstuff Co Return-on-Tangible-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Anji Foodstuff Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Anji Foodstuff Co's Return-on-Tangible-Equity falls into.


SHSE:603696
73GF Score
Anji Foodstuff Co Ltd SHSE:603696
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anji Foodstuff Co Return-on-Tangible-Equity Calculation

Anji Foodstuff Co'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 )
=27.495/( (528.721+535.22 )/ 2 )
=27.495/531.9705
=5.17 %

Anji Foodstuff Co'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 )
=44.772/( (535.22+545.762)/ 2 )
=44.772/540.491
=8.28 %

* 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 8.28% mean?
Anji Foodstuff Co (SHSE:603696) has a Return-on-Tangible-Equity of 8.28% 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 Anji Foodstuff Co and its competitors. This is 32% above median its historical median of 6.26. Over the past decade, Anji Foodstuff Co's Return-on-Tangible-Equity has ranged from 2.73 to 9.80. According to the industry distribution chart, Anji Foodstuff Co ranks #1075 out of 1877 companies in the Consumer Packaged Goods industry, placing it in the top 57.3%.
Is Anji Foodstuff Co's Return-on-Tangible-Equity too high?
Anji Foodstuff Co's current Return-on-Tangible-Equity of 8.28% is 32% above median its 10-year median of 6.26. Over the past 10 years, this metric has ranged from a low of 2.73 to a high of 9.80. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.99. Anji Foodstuff Co's value of 8.28% is 3.6% above this industry median. Based on the distribution chart, Anji Foodstuff Co ranks #1075 out of 1877 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Anji Foodstuff Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anji Foodstuff Co's Return-on-Tangible-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Anji Foodstuff Co ranks #1075 out of 1877 companies for Return-on-Tangible-Equity. This places Anji Foodstuff Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.99. Anji Foodstuff Co's value of 8.28% is 3.6% above this benchmark. Historically, Anji Foodstuff Co's own Return-on-Tangible-Equity has ranged from 2.73 to 9.80 over the past decade. While the company's 10-year median is 6.26 vs. the industry median of 7.99, Anji Foodstuff 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.99, based on 1,877 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. Anji Foodstuff Co's current Return-on-Tangible-Equity of 8.28% is 3.6% 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 Anji Foodstuff Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anji Foodstuff Co's current Return-on-Tangible-Equity is 8.28%, which is 32% above median its own 10-year median of 6.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anji Foodstuff Co stock overvalued right now?
Based on GuruFocus' analysis, Anji Foodstuff Co (SHSE:603696) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥10.02, compared to a current price of ¥13.19 — trading 31.6% above its estimated fair value. The current Return-on-Tangible-Equity is 8.28%, which is 32% above median its 10-year median of 6.26 and 3.6% above the Consumer Packaged Goods industry median of 7.99. Anji Foodstuff Co's overall GF Score™ is 73/100 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 Anji Foodstuff Co (SHSE:603696), the current Return-on-Tangible-Equity is 8.28% 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 Anji Foodstuff Co (SHSE:603696) Overvalued in 2026?

Based on GuruFocus' analysis, Anji Foodstuff Co stock appears to be overvalued. The current stock price of ¥13.19 is trading 31.6% above its estimated GF Value™ of ¥10.02. GuruFocus considers Anji Foodstuff Co to be Significantly Overvalued.

Key valuation signals for SHSE:603696:

  • Return-on-Tangible-Equity: 8.28% (32% above median its 10-year median of 6.26)
  • GF Value™: ¥10.02 vs. price of ¥13.19 (31.6% above fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 3.6% above the Consumer Packaged Goods median (#1075 of 1877)

No single metric tells the full story. See the SHSE:603696 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anji Foodstuff Co Business Description

Address 4-9A, Qingmeng Science and Technology Industrial Zone, Fujian Province, Quanzhou, CHN, 362005
Anji Foodstuff Co Ltd is engaged in the research and development, production and sales of seasoning. The company has five products namely seasoning powder of mixed flavors, seasoning from natural extracts, herbs and spices, sauce and condensed soup. Its seasoning powder of mixed flavors includes seasoning for spare-rib, concentrated pork stock, beef powder, and other. Its seasonings from natural extracts comprise mushroom extract seasoning, bonito flavor bisque, scallop bisque, and others. The company herbs and spices comprise white pepper powder, five spices powder, and others; sauces include oyster, chili, curry seasoning, spare rib, and other sauces.
73GF Score

Get the complete analysis for SHSE:603696

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

¥13.19
Price
¥10.02
GF Value