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SHSE:603797's Return-on-Tangible-Equity is ranked better than 99.55% of 224
companies
in the Waste Management industry
Industry Median: 9.575
vs SHSE:603797: Negative Tangible Equity
Guangdong Liantai Environmental Protection Co (SHSE:603797) 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.
Guangdong Liantai Environmental Protection Co Return-on-Tangible-Equity Related Terms
Guangdong Liantai Environmental Protection 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.
Guangdong Liantai Environmental Protection Co Return-on-Tangible-Equity Chart
Guangdong Liantai Environmental Protection Co Annual Data
SHSE:603797 vs WM, RSG, WCN: Return-on-Tangible-Equity Comparison
For the Waste Management subindustry, Guangdong Liantai Environmental Protection 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.
Guangdong Liantai Environmental Protection Co Return-on-Tangible-Equity vs Waste Management Industry
* 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 166.41% mean?
Guangdong Liantai Environmental Protection Co (SHSE:603797) has a Return-on-Tangible-Equity of 166.41% 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 Guangdong Liantai Environmental Protection Co and its competitors. This is 52% below median its historical median of 350.22. Over the past decade, Guangdong Liantai Environmental Protection Co's Return-on-Tangible-Equity has ranged from 350.22 to 350.22. According to the industry distribution chart, Guangdong Liantai Environmental Protection Co ranks #1 out of 224 companies in the Waste Management industry, placing it in the top 0.40000000000001%.
Is Guangdong Liantai Environmental Protection Co's Return-on-Tangible-Equity too high?
Guangdong Liantai Environmental Protection Co's current Return-on-Tangible-Equity of 166.41% is 52% below median its 10-year median of 350.22. Over the past 10 years, this metric has ranged from a low of 350.22 to a high of 350.22. The Waste Management industry median Return-on-Tangible-Equity is 9.58. Guangdong Liantai Environmental Protection Co's value of 166.41% is 1638% above this industry median. Based on the distribution chart, Guangdong Liantai Environmental Protection Co ranks #1 out of 224 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Guangdong Liantai Environmental Protection Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Guangdong Liantai Environmental Protection Co's Return-on-Tangible-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, Guangdong Liantai Environmental Protection Co ranks #1 out of 224 companies for Return-on-Tangible-Equity. This places Guangdong Liantai Environmental Protection Co in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 9.58. Guangdong Liantai Environmental Protection Co's value of 166.41% is 1638% above this benchmark. Historically, Guangdong Liantai Environmental Protection Co's own Return-on-Tangible-Equity has ranged from 350.22 to 350.22 over the past decade. While the company's 10-year median is 350.22 vs. the industry median of 9.58, Guangdong Liantai Environmental Protection 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 Waste Management company?
The median Return-on-Tangible-Equity among Waste Management companies is 9.58, based on 224 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. Guangdong Liantai Environmental Protection Co's current Return-on-Tangible-Equity of 166.41% is 1638% 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 Guangdong Liantai Environmental Protection Co and its competitors. For the Waste Management industry, the median Return-on-Tangible-Equity is 9.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangdong Liantai Environmental Protection Co's current Return-on-Tangible-Equity is 166.41%, which is 52% below median its own 10-year median of 350.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Liantai Environmental Protection Co stock overvalued right now?
Based on GuruFocus' analysis, Guangdong Liantai Environmental Protection Co (SHSE:603797) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.87, compared to a current price of ¥3.93 — trading 1.6% above its estimated fair value. The current Return-on-Tangible-Equity is 166.41%, which is 52% below median its 10-year median of 350.22 and 1638% above the Waste Management industry median of 9.58. Guangdong Liantai Environmental Protection Co's overall GF Score™ is 66/100 with 8 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 Guangdong Liantai Environmental Protection Co (SHSE:603797), the current Return-on-Tangible-Equity is 166.41% 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 Guangdong Liantai Environmental Protection Co (SHSE:603797) Overvalued in 2026?
Based on GuruFocus' analysis, Guangdong Liantai Environmental Protection Co stock appears to be overvalued.
The current stock price of ¥3.93 is trading 1.6% above its estimated GF Value™ of ¥3.87.
GuruFocus considers Guangdong Liantai Environmental Protection Co to be Fairly Valued.
Key valuation signals for SHSE:603797:
Return-on-Tangible-Equity: 166.41% (52% below median its 10-year median of 350.22)
GF Value™: ¥3.87 vs. price of ¥3.93 (1.6% above fair value)
Industry Position: 1638% above the Waste Management median (#1 of 224)
No single metric tells the full story. See the SHSE:603797 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guangdong Liantai Environmental Protection Co Ltd is a China-based company engaged in operating sewage treatment project and supporting pipe network and ecological environment treatment project. The company produces and sells special equipment for environmental pollution prevention, and offers technical consultation and support services, among other activities. Some of the company's projects are Shantou dragon ball water purification plant, Shaoyang Jiangbei Wastewater treatment plant, and Shaoyang Yangxiqiao wastewater treatment plant, among others.
66GF Score
Get the complete analysis for SHSE:603797
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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