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Leysen JewelrySHSE:603900 +1.68%56 Return-on-Tangible-Equity is 10.93% as of Mar. 2026, which is 184% above its 10-year median of 3.85. GuruFocus rates SHSE:603900 with a GF Score™ of 56/100 and a GF Value™ of ¥12.48 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,066 Retail - Cyclical companies, Leysen Jewelry ranks worse than 62.2% 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. Leysen Jewelry's annualized net income for the quarter that ended in Mar. 2026 was ¥214 Mil. Leysen Jewelry's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,959 Mil. Therefore, Leysen Jewelry's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.93%.
The historical rank and industry rank for Leysen Jewelry's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603900'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.19 Med: 3.85 Max: 14.63
Current: 4.34
During the past 13 years, Leysen Jewelry's highest Return-on-Tangible-Equity was 14.63%. The lowest was -9.19%. And the median was 3.85%.
SHSE:603900's Return-on-Tangible-Equity is ranked worse than 62.2% of 1066
companies
in the Retail - Cyclical industry
Industry Median: 8.275
vs SHSE:603900: 4.34
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.
Leysen Jewelry Return-on-Tangible-Equity Related Terms
Leysen Jewelry Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Leysen Jewelry'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.
SHSE:603900 vs TPR: Return-on-Tangible-Equity Comparison
For the Luxury Goods subindustry, Leysen Jewelry'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.
Leysen Jewelry Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Leysen Jewelry's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Leysen Jewelry'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 10.93% mean?
Leysen Jewelry (SHSE:603900) has a Return-on-Tangible-Equity of 10.93% 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 Leysen Jewelry and its competitors. This is 184% above median its historical median of 3.85. According to the industry distribution chart, Leysen Jewelry ranks #663 out of 1066 companies in the Retail - Cyclical industry, placing it in the top 62.2%.
Is Leysen Jewelry's Return-on-Tangible-Equity too high?
Leysen Jewelry's current Return-on-Tangible-Equity of 10.93% is 184% above median its 10-year median of 3.85. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.28. Leysen Jewelry's value of 10.93% is 32.1% above this industry median. Based on the distribution chart, Leysen Jewelry ranks #663 out of 1066 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Leysen Jewelry has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Leysen Jewelry's Return-on-Tangible-Equity compare to TPR?
According to the Retail - Cyclical industry distribution chart, Leysen Jewelry ranks #663 out of 1066 companies for Return-on-Tangible-Equity. This places Leysen Jewelry in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.28. Leysen Jewelry's value of 10.93% is 32.1% above this benchmark. While the company's 10-year median is 3.85 vs. the industry median of 8.28, Leysen Jewelry 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.28, based on 1,066 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. Leysen Jewelry's current Return-on-Tangible-Equity of 10.93% is 32.1% 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 Leysen Jewelry and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leysen Jewelry's current Return-on-Tangible-Equity is 10.93%, which is 184% above median its own 10-year median of 3.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leysen Jewelry stock overvalued right now?
Based on GuruFocus' analysis, Leysen Jewelry (SHSE:603900) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥12.48, compared to a current price of ¥6.05 — trading 51.5% below its estimated fair value. The current Return-on-Tangible-Equity is 10.93%, which is 184% above median its 10-year median of 3.85 and 32.1% above the Retail - Cyclical industry median of 8.28. Leysen Jewelry's overall GF Score™ is 56/100 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 Leysen Jewelry (SHSE:603900), the current Return-on-Tangible-Equity is 10.93% 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 Leysen Jewelry (SHSE:603900) Overvalued in 2026?
Based on GuruFocus' analysis, Leysen Jewelry stock appears to be undervalued.
The current stock price of ¥6.05 is trading 51.5% below its estimated GF Value™ of ¥12.48.
GuruFocus considers Leysen Jewelry to be Significantly Undervalued.
Key valuation signals for SHSE:603900:
Return-on-Tangible-Equity: 10.93% (184% above median its 10-year median of 3.85)
GF Value™: ¥12.48 vs. price of ¥6.05 (51.5% below fair value)
Industry Position: 32.1% above the Retail - Cyclical median (#663 of 1066)
No single metric tells the full story. See the SHSE:603900 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leysen Jewelry Inc operates in the jewellery industry. The company is mainly engaged in brand operation management, product designing, research and development and retail of jewellery. The main products offering include diamonds, precious stones, jewellery made of jade, gold, platinum and other materials.
56GF Score
Get the complete analysis for SHSE:603900
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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