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Zhongwang Fabric CoSHSE:605003 79 Return-on-Tangible-Equity is 4.05% as of Mar. 2026, which is 84% below its 10-year median of 25.21. GuruFocus rates SHSE:605003 with a GF Score™ of 79/100 and a GF Value™ of ¥22.18 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,019 Manufacturing - Apparel & Accessories companies, Zhongwang Fabric Co ranks better than 51.42% 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. Zhongwang Fabric Co's annualized net income for the quarter that ended in Mar. 2026 was ¥54.8 Mil. Zhongwang Fabric Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,353.2 Mil. Therefore, Zhongwang Fabric Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.05%.
The historical rank and industry rank for Zhongwang Fabric Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:605003'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.73 Med: 25.21 Max: 53.34
Current: 4.73
During the past 10 years, Zhongwang Fabric Co's highest Return-on-Tangible-Equity was 53.34%. The lowest was 4.73%. And the median was 25.21%.
SHSE:605003's Return-on-Tangible-Equity is ranked better than 51.42% of 1019
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.41
vs SHSE:605003: 4.73
Zhongwang Fabric Co (SHSE:605003) 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.
Zhongwang Fabric Co Return-on-Tangible-Equity Related Terms
Zhongwang Fabric Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Zhongwang Fabric 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.
Zhongwang Fabric Co Return-on-Tangible-Equity Chart
Zhongwang Fabric Co Return-on-Tangible-Equity Competitor Comparison
For the Textile Manufacturing subindustry, Zhongwang Fabric 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.
Zhongwang Fabric Co Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhongwang Fabric Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zhongwang Fabric 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 4.05% mean?
Zhongwang Fabric Co (SHSE:605003) has a Return-on-Tangible-Equity of 4.05% 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 Zhongwang Fabric Co and its competitors. This is 84% below median its historical median of 25.21. Over the past decade, Zhongwang Fabric Co's Return-on-Tangible-Equity has ranged from 4.73 to 53.34. According to the industry distribution chart, Zhongwang Fabric Co ranks #495 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 48.6%.
Is Zhongwang Fabric Co's Return-on-Tangible-Equity too high?
Zhongwang Fabric Co's current Return-on-Tangible-Equity of 4.05% is 84% below median its 10-year median of 25.21. Over the past 10 years, this metric has ranged from a low of 4.73 to a high of 53.34. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.41. Zhongwang Fabric Co's value of 4.05% is 8.2% below this industry median. Based on the distribution chart, Zhongwang Fabric Co ranks #495 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Zhongwang Fabric Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhongwang Fabric Co's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zhongwang Fabric Co ranks #495 out of 1019 companies for Return-on-Tangible-Equity. This puts Zhongwang Fabric Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.41. Zhongwang Fabric Co's value of 4.05% is 8.2% below this benchmark. Historically, Zhongwang Fabric Co's own Return-on-Tangible-Equity has ranged from 4.73 to 53.34 over the past decade. While the company's 10-year median is 25.21 vs. the industry median of 4.41, Zhongwang Fabric 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 a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.41, based on 1,019 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. Zhongwang Fabric Co's current Return-on-Tangible-Equity of 4.05% is 8.2% 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 Zhongwang Fabric Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongwang Fabric Co's current Return-on-Tangible-Equity is 4.05%, which is 84% below median its own 10-year median of 25.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongwang Fabric Co stock overvalued right now?
Based on GuruFocus' analysis, Zhongwang Fabric Co (SHSE:605003) is currently considered Fairly Valued. The stock's GF Value™ is ¥22.18, compared to a current price of ¥20.16 — trading 9.1% below its estimated fair value. The current Return-on-Tangible-Equity is 4.05%, which is 84% below median its 10-year median of 25.21 and 8.2% below the Manufacturing - Apparel & Accessories industry median of 4.41. Zhongwang Fabric Co's overall GF Score™ is 79/100 with 4 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 Zhongwang Fabric Co (SHSE:605003), the current Return-on-Tangible-Equity is 4.05% 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 Zhongwang Fabric Co (SHSE:605003) Overvalued in 2026?
Based on GuruFocus' analysis, Zhongwang Fabric Co stock appears to be undervalued.
The current stock price of ¥20.16 is trading 9.1% below its estimated GF Value™ of ¥22.18.
GuruFocus considers Zhongwang Fabric Co to be Fairly Valued.
Key valuation signals for SHSE:605003:
Return-on-Tangible-Equity: 4.05% (84% below median its 10-year median of 25.21)
GF Value™: ¥22.18 vs. price of ¥20.16 (9.1% below fair value)
Industry Position: 8.2% below the Manufacturing - Apparel & Accessories median (#495 of 1019)
No single metric tells the full story. See the SHSE:605003 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhongwang Fabric Co Ltd is engaged in design, production and sales of medium and high-end decorative fabrics and products. The company produces various middle and high end sofa fabric, contract fabric, performance fabric and raw material of special chemical fiber and provides home furnishing services like sofa renovation at the same time so as to transform from a manufacturer to a service provider.
79GF Score
Get the complete analysis for SHSE:605003
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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