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Jiangsu Luokai Mechanical & Electrical CoSHSE:603829 73 Return-on-Tangible-Equity is 0.94% as of Mar. 2026, which is 92% below its 10-year median of 11.07. GuruFocus rates SHSE:603829 with a GF Score™ of 73/100 and a GF Value™ of ¥14.55 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,974 Industrial Products companies, Jiangsu Luokai Mechanical & Electrical Co ranks worse than 58.04% on this metric.
SHSE:603829'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.82 Med: 11.07 Max: 18.65
Current: 4.82
During the past 13 years, Jiangsu Luokai Mechanical & Electrical Co's highest Return-on-Tangible-Equity was 18.65%. The lowest was 4.82%. And the median was 11.07%.
SHSE:603829's Return-on-Tangible-Equity is ranked worse than 58.04% of 2974
companies
in the Industrial Products industry
Industry Median: 6.775
vs SHSE:603829: 4.82
Jiangsu Luokai Mechanical & Electrical Co (SHSE:603829) 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.
Jiangsu Luokai Mechanical & Electrical Co Return-on-Tangible-Equity Related Terms
Jiangsu Luokai Mechanical & Electrical 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.
Jiangsu Luokai Mechanical & Electrical Co Return-on-Tangible-Equity Chart
Jiangsu Luokai Mechanical & Electrical Co Annual Data
SHSE:603829 vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Jiangsu Luokai Mechanical & Electrical 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.
Jiangsu Luokai Mechanical & Electrical Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Jiangsu Luokai Mechanical & Electrical Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Jiangsu Luokai Mechanical & Electrical 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 0.94% mean?
Jiangsu Luokai Mechanical & Electrical Co (SHSE:603829) has a Return-on-Tangible-Equity of 0.94% 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 Jiangsu Luokai Mechanical & Electrical Co and its competitors. This is 92% below median its historical median of 11.07. Over the past decade, Jiangsu Luokai Mechanical & Electrical Co's Return-on-Tangible-Equity has ranged from 4.82 to 18.65. According to the industry distribution chart, Jiangsu Luokai Mechanical & Electrical Co ranks #1726 out of 2974 companies in the Industrial Products industry, placing it in the top 58%.
Is Jiangsu Luokai Mechanical & Electrical Co's Return-on-Tangible-Equity too high?
Jiangsu Luokai Mechanical & Electrical Co's current Return-on-Tangible-Equity of 0.94% is 92% below median its 10-year median of 11.07. Over the past 10 years, this metric has ranged from a low of 4.82 to a high of 18.65. The Industrial Products industry median Return-on-Tangible-Equity is 6.78. Jiangsu Luokai Mechanical & Electrical Co's value of 0.94% is 86.1% below this industry median. Based on the distribution chart, Jiangsu Luokai Mechanical & Electrical Co ranks #1726 out of 2974 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Jiangsu Luokai Mechanical & Electrical Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Luokai Mechanical & Electrical Co's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Jiangsu Luokai Mechanical & Electrical Co ranks #1726 out of 2974 companies for Return-on-Tangible-Equity. This places Jiangsu Luokai Mechanical & Electrical Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.78. Jiangsu Luokai Mechanical & Electrical Co's value of 0.94% is 86.1% below this benchmark. Historically, Jiangsu Luokai Mechanical & Electrical Co's own Return-on-Tangible-Equity has ranged from 4.82 to 18.65 over the past decade. While the company's 10-year median is 11.07 vs. the industry median of 6.78, Jiangsu Luokai Mechanical & Electrical 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 2,974 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. Jiangsu Luokai Mechanical & Electrical Co's current Return-on-Tangible-Equity of 0.94% is 86.1% 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 Jiangsu Luokai Mechanical & Electrical 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. Jiangsu Luokai Mechanical & Electrical Co's current Return-on-Tangible-Equity is 0.94%, which is 92% below median its own 10-year median of 11.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Luokai Mechanical & Electrical Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Luokai Mechanical & Electrical Co (SHSE:603829) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.55, compared to a current price of ¥13.80 — trading 5.2% below its estimated fair value. The current Return-on-Tangible-Equity is 0.94%, which is 92% below median its 10-year median of 11.07 and 86.1% below the Industrial Products industry median of 6.78. Jiangsu Luokai Mechanical & Electrical Co's overall GF Score™ is 73/100 with 7 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 Jiangsu Luokai Mechanical & Electrical Co (SHSE:603829), the current Return-on-Tangible-Equity is 0.94% 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 Jiangsu Luokai Mechanical & Electrical Co (SHSE:603829) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Luokai Mechanical & Electrical Co stock appears to be undervalued.
The current stock price of ¥13.80 is trading 5.2% below its estimated GF Value™ of ¥14.55.
GuruFocus considers Jiangsu Luokai Mechanical & Electrical Co to be Fairly Valued.
Key valuation signals for SHSE:603829:
Return-on-Tangible-Equity: 0.94% (92% below median its 10-year median of 11.07)
GF Value™: ¥14.55 vs. price of ¥13.80 (5.2% below fair value)
Industry Position: 86.1% below the Industrial Products median (#1726 of 2974)
No single metric tells the full story. See the SHSE:603829 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Luokai Mechanical & Electrical Co Business Description
Jiangsu Luokai Mechanical & Electrical Co Ltd manufactures electrical components. The company produces accessories, parts and other supporting products of transmission and distribution switch equipment. The company's main products include low-voltage and high-voltage circuit breaker (drawing) frames, low-voltage circuit breaker operating mechanisms, high-voltage circuit breaker operating mechanisms, other high-voltage transmission and distribution equipment operating mechanisms, circuit breaker accessories and spare parts.
73GF Score
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