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Jiangyin Hengrun Heavy Industries CoSHSE:603985 +2.22%63 Return-on-Tangible-Equity is 8.20% as of Mar. 2026, which is 27% below its 10-year median of 11.17. GuruFocus rates SHSE:603985 with a GF Score™ of 63/100 and a GF Value™ of ¥36.12 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 2,973 Industrial Products companies, Jiangyin Hengrun Heavy Industries Co ranks worse than 62.09% on this metric.
The historical rank and industry rank for Jiangyin Hengrun Heavy Industries Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603985'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.37 Med: 11.17 Max: 39.03
Current: 3.79
During the past 13 years, Jiangyin Hengrun Heavy Industries Co's highest Return-on-Tangible-Equity was 39.03%. The lowest was -4.37%. And the median was 11.17%.
SHSE:603985's Return-on-Tangible-Equity is ranked worse than 62.09% of 2973
companies
in the Industrial Products industry
Industry Median: 6.78
vs SHSE:603985: 3.79
Jiangyin Hengrun Heavy Industries Co (SHSE:603985) 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.
Jiangyin Hengrun Heavy Industries Co Return-on-Tangible-Equity Related Terms
Jiangyin Hengrun Heavy Industries 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.
Jiangyin Hengrun Heavy Industries Co Return-on-Tangible-Equity Chart
SHSE:603985 vs CRS, ATI, MLI: Return-on-Tangible-Equity Comparison
For the Metal Fabrication subindustry, Jiangyin Hengrun Heavy Industries 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.
Jiangyin Hengrun Heavy Industries Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Jiangyin Hengrun Heavy Industries Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Jiangyin Hengrun Heavy Industries 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 8.20% mean?
Jiangyin Hengrun Heavy Industries Co (SHSE:603985) has a Return-on-Tangible-Equity of 8.20% 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 Jiangyin Hengrun Heavy Industries Co and its competitors. This is 27% below median its historical median of 11.17. According to the industry distribution chart, Jiangyin Hengrun Heavy Industries Co ranks #1846 out of 2973 companies in the Industrial Products industry, placing it in the top 62.1%.
Is Jiangyin Hengrun Heavy Industries Co's Return-on-Tangible-Equity too high?
Jiangyin Hengrun Heavy Industries Co's current Return-on-Tangible-Equity of 8.20% is 27% below median its 10-year median of 11.17. The Industrial Products industry median Return-on-Tangible-Equity is 6.78. Jiangyin Hengrun Heavy Industries Co's value of 8.20% is 20.9% above this industry median. Based on the distribution chart, Jiangyin Hengrun Heavy Industries Co ranks #1846 out of 2973 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Jiangyin Hengrun Heavy Industries Co has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangyin Hengrun Heavy Industries Co's Return-on-Tangible-Equity compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Jiangyin Hengrun Heavy Industries Co ranks #1846 out of 2973 companies for Return-on-Tangible-Equity. This places Jiangyin Hengrun Heavy Industries Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.78. Jiangyin Hengrun Heavy Industries Co's value of 8.20% is 20.9% above this benchmark. While the company's 10-year median is 11.17 vs. the industry median of 6.78, Jiangyin Hengrun Heavy Industries 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.78, based on 2,973 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. Jiangyin Hengrun Heavy Industries Co's current Return-on-Tangible-Equity of 8.20% is 20.9% 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 Jiangyin Hengrun Heavy Industries 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. Jiangyin Hengrun Heavy Industries Co's current Return-on-Tangible-Equity is 8.20%, which is 27% below median its own 10-year median of 11.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangyin Hengrun Heavy Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangyin Hengrun Heavy Industries Co (SHSE:603985) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥36.12, compared to a current price of ¥16.60 — trading 54% below its estimated fair value. The current Return-on-Tangible-Equity is 8.20%, which is 27% below median its 10-year median of 11.17 and 20.9% above the Industrial Products industry median of 6.78. Jiangyin Hengrun Heavy Industries Co's overall GF Score™ is 63/100 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 Jiangyin Hengrun Heavy Industries Co (SHSE:603985), the current Return-on-Tangible-Equity is 8.20% 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 Jiangyin Hengrun Heavy Industries Co (SHSE:603985) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangyin Hengrun Heavy Industries Co stock appears to be undervalued.
The current stock price of ¥16.60 is trading 54% below its estimated GF Value™ of ¥36.12.
GuruFocus considers Jiangyin Hengrun Heavy Industries Co to be Significantly Undervalued.
Key valuation signals for SHSE:603985:
Return-on-Tangible-Equity: 8.20% (27% below median its 10-year median of 11.17)
GF Value™: ¥36.12 vs. price of ¥16.60 (54% below fair value)
Industry Position: 20.9% above the Industrial Products median (#1846 of 2973)
No single metric tells the full story. See the SHSE:603985 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangyin Hengrun Heavy Industries Co Ltd is a manufacturer of flanges and forgings, which are mainly made of stainless steel, carbon steel and alloy steel materials. Its products portfolio ring forgings, nozzles, support rings for turbines, spherical and main shaft forgings, slewing bearings, rolling ring and free forgings, flanges for large-scale wind tower foundations, as well as bearing and gear blanks, and tube sheets and discs.
63GF Score
Get the complete analysis for SHSE:603985
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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