Shanghai Flyco Electrical Appliance Co (SHSE:603868) Return-on-Tangible-Equity: 23.29% (As of Mar. 2026) — 16% Below Median

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SHSE:603868 Shanghai Flyco Electrical Appliance Co Ltd SHSE:603868
88 GF Score
Price ¥30.97
GF Value ¥35.56
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Shanghai Flyco Electrical Appliance Co Return-on-Tangible-Equity?

Shanghai Flyco Electrical Appliance Co SHSE:603868 -0.32% 88 Return-on-Tangible-Equity is 23.29% as of Mar. 2026, which is 16% below its 10-year median of 27.87. GuruFocus rates SHSE:603868 with a GF Score™ of 88/100 and a GF Value™ of ¥35.56 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,877 Consumer Packaged Goods companies, Shanghai Flyco Electrical Appliance Co ranks better than 73.95% 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. Shanghai Flyco Electrical Appliance Co's annualized net income for the quarter that ended in Mar. 2026 was ¥754 Mil. Shanghai Flyco Electrical Appliance Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥3,239 Mil. Therefore, Shanghai Flyco Electrical Appliance Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 23.29%.

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

SHSE:603868' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.7   Med: 27.87   Max: 41.92
Current: 16.72

During the past 13 years, Shanghai Flyco Electrical Appliance Co's highest Return-on-Tangible-Equity was 41.92%. The lowest was 14.70%. And the median was 27.87%.

SHSE:603868's Return-on-Tangible-Equity is ranked better than
73.95% of 1877 companies
in the Consumer Packaged Goods industry
Industry Median: 7.99 vs SHSE:603868: 16.72

Shanghai Flyco Electrical Appliance Co  (SHSE:603868) 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.


Shanghai Flyco Electrical Appliance Co Return-on-Tangible-Equity Related Terms


Shanghai Flyco Electrical Appliance Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Shanghai Flyco Electrical Appliance 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.

Shanghai Flyco Electrical Appliance Co Return-on-Tangible-Equity Chart

Shanghai Flyco Electrical Appliance 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 23.45 27.11 30.82 14.70 17.10

Shanghai Flyco Electrical Appliance 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 24.65 18.75 18.02 7.06 23.29

SHSE:603868 vs PG, CL, KVUE: Return-on-Tangible-Equity Comparison

For the Household & Personal Products subindustry, Shanghai Flyco Electrical Appliance 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.


Shanghai Flyco Electrical Appliance Co Return-on-Tangible-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shanghai Flyco Electrical Appliance Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Shanghai Flyco Electrical Appliance Co's Return-on-Tangible-Equity falls into.


SHSE:603868
88GF Score
Shanghai Flyco Electrical Appliance Co Ltd SHSE:603868
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Flyco Electrical Appliance Co Return-on-Tangible-Equity Calculation

Shanghai Flyco Electrical Appliance 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 )
=512.085/( (2845.586+3144.155 )/ 2 )
=512.085/2994.8705
=17.10 %

Shanghai Flyco Electrical Appliance 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 )
=754.316/( (3144.155+3334.006)/ 2 )
=754.316/3239.0805
=23.29 %

* 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 23.29% mean?
Shanghai Flyco Electrical Appliance Co (SHSE:603868) has a Return-on-Tangible-Equity of 23.29% 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 Shanghai Flyco Electrical Appliance Co and its competitors. This is 16% below median its historical median of 27.87. Over the past decade, Shanghai Flyco Electrical Appliance Co's Return-on-Tangible-Equity has ranged from 14.70 to 41.92. According to the industry distribution chart, Shanghai Flyco Electrical Appliance Co ranks #489 out of 1877 companies in the Consumer Packaged Goods industry, placing it in the top 26.1%.
Is Shanghai Flyco Electrical Appliance Co's Return-on-Tangible-Equity too high?
Shanghai Flyco Electrical Appliance Co's current Return-on-Tangible-Equity of 23.29% is 16% below median its 10-year median of 27.87. Over the past 10 years, this metric has ranged from a low of 14.70 to a high of 41.92. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.99. Shanghai Flyco Electrical Appliance Co's value of 23.29% is 191.5% above this industry median. Based on the distribution chart, Shanghai Flyco Electrical Appliance Co ranks #489 out of 1877 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Shanghai Flyco Electrical Appliance Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Flyco Electrical Appliance Co's Return-on-Tangible-Equity compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Shanghai Flyco Electrical Appliance Co ranks #489 out of 1877 companies for Return-on-Tangible-Equity. This puts Shanghai Flyco Electrical Appliance Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.99. Shanghai Flyco Electrical Appliance Co's value of 23.29% is 191.5% above this benchmark. Historically, Shanghai Flyco Electrical Appliance Co's own Return-on-Tangible-Equity has ranged from 14.70 to 41.92 over the past decade. While the company's 10-year median is 27.87 vs. the industry median of 7.99, Shanghai Flyco Electrical Appliance 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.99, based on 1,877 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. Shanghai Flyco Electrical Appliance Co's current Return-on-Tangible-Equity of 23.29% is 191.5% 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 Shanghai Flyco Electrical Appliance Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Flyco Electrical Appliance Co's current Return-on-Tangible-Equity is 23.29%, which is 16% below median its own 10-year median of 27.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Flyco Electrical Appliance Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Flyco Electrical Appliance Co (SHSE:603868) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥35.56, compared to a current price of ¥30.97 — trading 12.9% below its estimated fair value. The current Return-on-Tangible-Equity is 23.29%, which is 16% below median its 10-year median of 27.87 and 191.5% above the Consumer Packaged Goods industry median of 7.99. Shanghai Flyco Electrical Appliance Co's overall GF Score™ is 88/100 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 Shanghai Flyco Electrical Appliance Co (SHSE:603868), the current Return-on-Tangible-Equity is 23.29% 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 Shanghai Flyco Electrical Appliance Co (SHSE:603868) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Flyco Electrical Appliance Co stock appears to be undervalued. The current stock price of ¥30.97 is trading 12.9% below its estimated GF Value™ of ¥35.56. GuruFocus considers Shanghai Flyco Electrical Appliance Co to be Modestly Undervalued.

Key valuation signals for SHSE:603868:

  • Return-on-Tangible-Equity: 23.29% (16% below median its 10-year median of 27.87)
  • GF Value™: ¥35.56 vs. price of ¥30.97 (12.9% below fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 191.5% above the Consumer Packaged Goods median (#489 of 1877)

No single metric tells the full story. See the SHSE:603868 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Flyco Electrical Appliance Co Business Description

Address No. 555, Guangfulin East Road, Songjiang District, Shanghai, CHN, 201603
Shanghai Flyco Electrical Appliance Co Ltd is a China-based company engaged in the manufacturing and marketing of shaver and personal care electrical appliances. Its product portfolio comprises of the shaver, hair drier, hair clipper, hair straightener, hair curler, electric iron, garment steamer, lint remover, nose hair trimmer, robot vacuum cleaner and others. The company's products are sold in China and other countries.
88GF Score

Get the complete analysis for SHSE:603868

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

¥30.97
Price
¥35.56
GF Value