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During the past 13 years, Zhengping Road & Bridge Construction Co's highest Return-on-Tangible-Equity was 9.62%. The lowest was -115.20%. And the median was 5.84%.
SHSE:603843's Return-on-Tangible-Equity is not ranked *
in the Construction industry.
Industry Median: 8.3 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Zhengping Road & Bridge Construction Co (SHSE:603843) 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.
Zhengping Road & Bridge Construction Co Return-on-Tangible-Equity Related Terms
Zhengping Road & Bridge Construction 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.
Zhengping Road & Bridge Construction Co Return-on-Tangible-Equity Chart
Zhengping Road & Bridge Construction Co Annual Data
SHSE:603843 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Zhengping Road & Bridge Construction 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.
Zhengping Road & Bridge Construction Co Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Zhengping Road & Bridge Construction Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zhengping Road & Bridge Construction 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 0.00% mean?
Zhengping Road & Bridge Construction Co (SHSE:603843) has a Return-on-Tangible-Equity of 0.00% 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 Zhengping Road & Bridge Construction Co and its competitors. According to the industry distribution chart, Zhengping Road & Bridge Construction Co ranks #999999 out of 1713 companies in the Construction industry.
Is Zhengping Road & Bridge Construction Co's Return-on-Tangible-Equity too high?
Zhengping Road & Bridge Construction Co's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Zhengping Road & Bridge Construction Co ranks #999999 out of 1713 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Zhengping Road & Bridge Construction Co has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhengping Road & Bridge Construction Co's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Zhengping Road & Bridge Construction Co ranks #999999 out of 1713 companies for Return-on-Tangible-Equity. This places Zhengping Road & Bridge Construction Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.30. 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.30, based on 1,713 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. 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 Zhengping Road & Bridge Construction Co and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhengping Road & Bridge Construction Co's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhengping Road & Bridge Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Zhengping Road & Bridge Construction Co (SHSE:603843) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.40, compared to a current price of ¥6.94 — trading 189.2% above its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. Zhengping Road & Bridge Construction Co's overall GF Score™ is 34/100 with 5 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 Zhengping Road & Bridge Construction Co (SHSE:603843), the current Return-on-Tangible-Equity is 0.00% 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 Zhengping Road & Bridge Construction Co (SHSE:603843) Overvalued in 2026?
Based on GuruFocus' analysis, Zhengping Road & Bridge Construction Co stock appears to be overvalued.
The current stock price of ¥6.94 is trading 189.2% above its estimated GF Value™ of ¥2.40.
GuruFocus considers Zhengping Road & Bridge Construction Co to be Significantly Overvalued.
Key valuation signals for SHSE:603843:
Return-on-Tangible-Equity: 0.00%
GF Value™: ¥2.40 vs. price of ¥6.94 (189.2% above fair value)
No single metric tells the full story. See the SHSE:603843 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhengping Road & Bridge Construction Co Ltd engages in the designing, engineering, construction, surveying, testing, and maintenance of roads and bridges in China. It constructs highway bridges, pavements, roadbeds, earth and stones, and tunnels; and produces and sells steel corrugated culvert and other products.
34GF Score
Get the complete analysis for SHSE:603843
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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