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Shenzhen Ellassay Fashion CoSHSE:603808 +1.68%82 Return-on-Tangible-Equity is 7.37% as of Mar. 2026, which is 57% below its 10-year median of 17.12. GuruFocus rates SHSE:603808 with a GF Score™ of 82/100 and a GF Value™ of ¥8.11 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Shenzhen Ellassay Fashion Co ranks better than 61.69% 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. Shenzhen Ellassay Fashion Co's annualized net income for the quarter that ended in Mar. 2026 was ¥164 Mil. Shenzhen Ellassay Fashion Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥2,226 Mil. Therefore, Shenzhen Ellassay Fashion Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.37%.
The historical rank and industry rank for Shenzhen Ellassay Fashion Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603808'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -14.93 Med: 17.12 Max: 46.03
Current: 7.67
During the past 13 years, Shenzhen Ellassay Fashion Co's highest Return-on-Tangible-Equity was 46.03%. The lowest was -14.93%. And the median was 17.12%.
SHSE:603808's Return-on-Tangible-Equity is ranked better than 61.69% of 1018
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.49
vs SHSE:603808: 7.67
Shenzhen Ellassay Fashion Co (SHSE:603808) 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.
Shenzhen Ellassay Fashion Co Return-on-Tangible-Equity Related Terms
Shenzhen Ellassay Fashion 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.
Shenzhen Ellassay Fashion Co Return-on-Tangible-Equity Chart
SHSE:603808 vs RL, LEVI, VFC: Return-on-Tangible-Equity Comparison
For the Apparel Manufacturing subindustry, Shenzhen Ellassay Fashion 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.
Shenzhen Ellassay Fashion Co Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shenzhen Ellassay Fashion Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shenzhen Ellassay Fashion 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 7.37% mean?
Shenzhen Ellassay Fashion Co (SHSE:603808) has a Return-on-Tangible-Equity of 7.37% 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 Shenzhen Ellassay Fashion Co and its competitors. This is 57% below median its historical median of 17.12. According to the industry distribution chart, Shenzhen Ellassay Fashion Co ranks #390 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 38.3%.
Is Shenzhen Ellassay Fashion Co's Return-on-Tangible-Equity too high?
Shenzhen Ellassay Fashion Co's current Return-on-Tangible-Equity of 7.37% is 57% below median its 10-year median of 17.12. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.49. Shenzhen Ellassay Fashion Co's value of 7.37% is 64.1% above this industry median. Based on the distribution chart, Shenzhen Ellassay Fashion Co ranks #390 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Shenzhen Ellassay Fashion Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Ellassay Fashion Co's Return-on-Tangible-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shenzhen Ellassay Fashion Co ranks #390 out of 1018 companies for Return-on-Tangible-Equity. This puts Shenzhen Ellassay Fashion Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.49. Shenzhen Ellassay Fashion Co's value of 7.37% is 64.1% above this benchmark. While the company's 10-year median is 17.12 vs. the industry median of 4.49, Shenzhen Ellassay Fashion 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.49, based on 1,018 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. Shenzhen Ellassay Fashion Co's current Return-on-Tangible-Equity of 7.37% is 64.1% 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 Shenzhen Ellassay Fashion Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Ellassay Fashion Co's current Return-on-Tangible-Equity is 7.37%, which is 57% below median its own 10-year median of 17.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Ellassay Fashion Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Ellassay Fashion Co (SHSE:603808) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.11, compared to a current price of ¥8.49 — trading 4.7% above its estimated fair value. The current Return-on-Tangible-Equity is 7.37%, which is 57% below median its 10-year median of 17.12 and 64.1% above the Manufacturing - Apparel & Accessories industry median of 4.49. Shenzhen Ellassay Fashion Co's overall GF Score™ is 82/100 with 2 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 Shenzhen Ellassay Fashion Co (SHSE:603808), the current Return-on-Tangible-Equity is 7.37% 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 Shenzhen Ellassay Fashion Co (SHSE:603808) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Ellassay Fashion Co stock appears to be overvalued.
The current stock price of ¥8.49 is trading 4.7% above its estimated GF Value™ of ¥8.11.
GuruFocus considers Shenzhen Ellassay Fashion Co to be Fairly Valued.
Key valuation signals for SHSE:603808:
Return-on-Tangible-Equity: 7.37% (57% below median its 10-year median of 17.12)
GF Value™: ¥8.11 vs. price of ¥8.49 (4.7% above fair value)
Industry Position: 64.1% above the Manufacturing - Apparel & Accessories median (#390 of 1018)
No single metric tells the full story. See the SHSE:603808 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Ellassay Fashion Co Ltd is engaged in designing, manufacturing, distribution, and retail of women's apparel. It's a China-based firm which has its own brands Ellassay, Laurel, IRO Paris, ED Hardy, Vivienne Tam.
82GF Score
Get the complete analysis for SHSE:603808
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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