Changzhou Shenli Electrical Machine Co (SHSE:603819) Return-on-Tangible-Equity: 3.65% (As of Mar. 2026) — 27% 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:603819 Changzhou Shenli Electrical Machine Inc Co SHSE:603819
69 GF Score
Price ¥13.95
GF Value ¥14.08
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Changzhou Shenli Electrical Machine Co Return-on-Tangible-Equity?

Changzhou Shenli Electrical Machine Co SHSE:603819 +3.26% 69 Return-on-Tangible-Equity is 3.65% as of Mar. 2026, which is 27% below its 10-year median of 5.02. GuruFocus rates SHSE:603819 with a GF Score™ of 69/100 and a GF Value™ of ¥14.08 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,968 Industrial Products companies, Changzhou Shenli Electrical Machine Co ranks worse than 63.17% 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. Changzhou Shenli Electrical Machine Co's annualized net income for the quarter that ended in Mar. 2026 was ¥28 Mil. Changzhou Shenli Electrical Machine Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥756 Mil. Therefore, Changzhou Shenli Electrical Machine Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.65%.

The historical rank and industry rank for Changzhou Shenli Electrical Machine Co's Return-on-Tangible-Equity or its related term are showing as below:

SHSE:603819' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -14.84   Med: 5.02   Max: 23.28
Current: 3.5

During the past 13 years, Changzhou Shenli Electrical Machine Co's highest Return-on-Tangible-Equity was 23.28%. The lowest was -14.84%. And the median was 5.02%.

SHSE:603819's Return-on-Tangible-Equity is ranked worse than
63.17% of 2968 companies
in the Industrial Products industry
Industry Median: 6.775 vs SHSE:603819: 3.50

Changzhou Shenli Electrical Machine Co  (SHSE:603819) 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.


Changzhou Shenli Electrical Machine Co Return-on-Tangible-Equity Related Terms


Changzhou Shenli Electrical Machine Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Changzhou Shenli Electrical Machine 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.

Changzhou Shenli Electrical Machine Co Return-on-Tangible-Equity Chart

Changzhou Shenli Electrical Machine 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 5.60 -14.84 23.28 -4.87 2.65

Changzhou Shenli Electrical Machine 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 0.25 4.01 4.97 1.37 3.65

SHSE:603819 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison

For the Specialty Industrial Machinery subindustry, Changzhou Shenli Electrical Machine 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.


Changzhou Shenli Electrical Machine Co Return-on-Tangible-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changzhou Shenli Electrical Machine Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Changzhou Shenli Electrical Machine Co's Return-on-Tangible-Equity falls into.


SHSE:603819
69GF Score
Changzhou Shenli Electrical Machine Inc Co SHSE:603819
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Changzhou Shenli Electrical Machine Co Return-on-Tangible-Equity Calculation

Changzhou Shenli Electrical Machine 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 )
=19.716/( (737.57+752.618 )/ 2 )
=19.716/745.094
=2.65 %

Changzhou Shenli Electrical Machine 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 )
=27.56/( (752.618+758.848)/ 2 )
=27.56/755.733
=3.65 %

* 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 3.65% mean?
Changzhou Shenli Electrical Machine Co (SHSE:603819) has a Return-on-Tangible-Equity of 3.65% 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 Changzhou Shenli Electrical Machine Co and its competitors. This is 27% below median its historical median of 5.02. According to the industry distribution chart, Changzhou Shenli Electrical Machine Co ranks #1875 out of 2968 companies in the Industrial Products industry, placing it in the top 63.2%.
Is Changzhou Shenli Electrical Machine Co's Return-on-Tangible-Equity too high?
Changzhou Shenli Electrical Machine Co's current Return-on-Tangible-Equity of 3.65% is 27% below median its 10-year median of 5.02. The Industrial Products industry median Return-on-Tangible-Equity is 6.78. Changzhou Shenli Electrical Machine Co's value of 3.65% is 46.1% below this industry median. Based on the distribution chart, Changzhou Shenli Electrical Machine Co ranks #1875 out of 2968 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Changzhou Shenli Electrical Machine Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Changzhou Shenli Electrical Machine Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Changzhou Shenli Electrical Machine Co ranks #1875 out of 2968 companies for Return-on-Tangible-Equity. This places Changzhou Shenli Electrical Machine Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.78. Changzhou Shenli Electrical Machine Co's value of 3.65% is 46.1% below this benchmark. While the company's 10-year median is 5.02 vs. the industry median of 6.78, Changzhou Shenli Electrical Machine 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.78, based on 2,968 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. Changzhou Shenli Electrical Machine Co's current Return-on-Tangible-Equity of 3.65% is 46.1% 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 Changzhou Shenli Electrical Machine Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changzhou Shenli Electrical Machine Co's current Return-on-Tangible-Equity is 3.65%, which is 27% below median its own 10-year median of 5.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changzhou Shenli Electrical Machine Co stock overvalued right now?
Based on GuruFocus' analysis, Changzhou Shenli Electrical Machine Co (SHSE:603819) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.08, compared to a current price of ¥13.95 — trading 0.9% below its estimated fair value. The current Return-on-Tangible-Equity is 3.65%, which is 27% below median its 10-year median of 5.02 and 46.1% below the Industrial Products industry median of 6.78. Changzhou Shenli Electrical Machine Co's overall GF Score™ is 69/100 with 3 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 Changzhou Shenli Electrical Machine Co (SHSE:603819), the current Return-on-Tangible-Equity is 3.65% 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 Changzhou Shenli Electrical Machine Co (SHSE:603819) Overvalued in 2026?

Based on GuruFocus' analysis, Changzhou Shenli Electrical Machine Co stock appears to be undervalued. The current stock price of ¥13.95 is trading 0.9% below its estimated GF Value™ of ¥14.08. GuruFocus considers Changzhou Shenli Electrical Machine Co to be Fairly Valued.

Key valuation signals for SHSE:603819:

  • Return-on-Tangible-Equity: 3.65% (27% below median its 10-year median of 5.02)
  • GF Value™: ¥14.08 vs. price of ¥13.95 (0.9% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 46.1% below the Industrial Products median (#1875 of 2968)

No single metric tells the full story. See the SHSE:603819 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changzhou Shenli Electrical Machine Co Business Description

Address No. 289, Xingdong Road, Economic Development Zone, Jiangsu Province, Changzhou, CHN, 213013
Changzhou Shenli Electrical Machine Inc Co is engaged in manufacturing of stator, rotor laminations and cores for motors. The company produces its products for application in diesel generators, wind power generators, medium-voltage and high-voltage motor, railway motors, elevator motors and AC motors. Its products are supplied across Chinese and international markets. It generates revenues through the sale of laminations and core of motors.
69GF Score

Get the complete analysis for SHSE:603819

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

¥13.95
Price
¥14.08
GF Value