Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for Ningbo TIP Rubber Technology Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:605255'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.08 Med: 7.49 Max: 28.29
Current: 2.08
During the past 10 years, Ningbo TIP Rubber Technology Co's highest Return-on-Tangible-Equity was 28.29%. The lowest was 2.08%. And the median was 7.49%.
SHSE:605255's Return-on-Tangible-Equity is ranked worse than 72.44% of 1281
companies
in the Vehicles & Parts industry
Industry Median: 7.58
vs SHSE:605255: 2.08
Ningbo TIP Rubber Technology Co (SHSE:605255) 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.
Ningbo TIP Rubber Technology Co Return-on-Tangible-Equity Related Terms
Ningbo TIP Rubber Technology 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.
Ningbo TIP Rubber Technology Co Return-on-Tangible-Equity Chart
SHSE:605255 vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Ningbo TIP Rubber Technology 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.
Ningbo TIP Rubber Technology Co Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo TIP Rubber Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ningbo TIP Rubber Technology 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 -1.31% mean?
Ningbo TIP Rubber Technology Co (SHSE:605255) has a Return-on-Tangible-Equity of -1.31% 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 Ningbo TIP Rubber Technology Co and its competitors. Over the past decade, Ningbo TIP Rubber Technology Co's Return-on-Tangible-Equity has ranged from 2.08 to 28.29. According to the industry distribution chart, Ningbo TIP Rubber Technology Co ranks #928 out of 1281 companies in the Vehicles & Parts industry, placing it in the top 72.4%.
Is Ningbo TIP Rubber Technology Co's Return-on-Tangible-Equity too high?
Ningbo TIP Rubber Technology Co's current Return-on-Tangible-Equity is -1.31%. Over the past 10 years, this metric has ranged from a low of 2.08 to a high of 28.29. Based on the distribution chart, Ningbo TIP Rubber Technology Co ranks #928 out of 1281 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Ningbo TIP Rubber Technology Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo TIP Rubber Technology Co's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Ningbo TIP Rubber Technology Co ranks #928 out of 1281 companies for Return-on-Tangible-Equity. This places Ningbo TIP Rubber Technology Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.58. Historically, Ningbo TIP Rubber Technology Co's own Return-on-Tangible-Equity has ranged from 2.08 to 28.29 over the past decade. 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.58, based on 1,281 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 Ningbo TIP Rubber Technology Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo TIP Rubber Technology Co's current Return-on-Tangible-Equity is -1.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo TIP Rubber Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo TIP Rubber Technology Co (SHSE:605255) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥15.49, compared to a current price of ¥69.72 — trading 350.1% above its estimated fair value. The current Return-on-Tangible-Equity is -1.31%. Ningbo TIP Rubber Technology Co's overall GF Score™ is 58/100 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 Ningbo TIP Rubber Technology Co (SHSE:605255), the current Return-on-Tangible-Equity is -1.31% 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 Ningbo TIP Rubber Technology Co (SHSE:605255) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo TIP Rubber Technology Co stock appears to be overvalued.
The current stock price of ¥69.72 is trading 350.1% above its estimated GF Value™ of ¥15.49.
GuruFocus considers Ningbo TIP Rubber Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:605255:
Return-on-Tangible-Equity: -1.31%
GF Value™: ¥15.49 vs. price of ¥69.72 (350.1% above fair value)
No single metric tells the full story. See the SHSE:605255 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo TIP Rubber Technology Co Business Description
Ningbo TIP Rubber Technology Co Ltd is engaged in the production and sales of automotive polymer fluid piping systems and sealing system parts, and assemblies. The company's products include Water hose, Fuel hose, Moulded part, Assembly, Rubber compound, metal processing / plastic part, and Hydraulic hose. The company's main customers are Nissan, Mazda, Ford, Kubota, Jiangling, FAW, Geely, Toyota, Zoomlion, Kelos, etc., and it provides OEM services for automobiles, engineering vehicles, and hydraulic machinery. It operates its businesses within the domestic market and overseas markets.
58GF Score
Get the complete analysis for SHSE:605255
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:605255 has been successfully added to your 
