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Kunshan Huguang Auto Harness CoSHSE:605333 +2.56%68 Return-on-Tangible-Equity is 3.68% as of Mar. 2026, which is 82% below its 10-year median of 19.92. GuruFocus rates SHSE:605333 with a GF Score™ of 68/100 and a GF Value™ of ¥41.24 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,282 Vehicles & Parts companies, Kunshan Huguang Auto Harness Co ranks better than 73.4% on this metric.
The historical rank and industry rank for Kunshan Huguang Auto Harness Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:605333'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.15 Med: 19.92 Max: 113.35
Current: 14.69
During the past 11 years, Kunshan Huguang Auto Harness Co's highest Return-on-Tangible-Equity was 113.35%. The lowest was -0.15%. And the median was 19.92%.
SHSE:605333's Return-on-Tangible-Equity is ranked better than 73.4% of 1282
companies
in the Vehicles & Parts industry
Industry Median: 7.585
vs SHSE:605333: 14.69
Kunshan Huguang Auto Harness Co (SHSE:605333) 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.
Kunshan Huguang Auto Harness Co Return-on-Tangible-Equity Related Terms
Kunshan Huguang Auto Harness 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.
Kunshan Huguang Auto Harness Co Return-on-Tangible-Equity Chart
SHSE:605333 vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Kunshan Huguang Auto Harness 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.
Kunshan Huguang Auto Harness Co Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Kunshan Huguang Auto Harness Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Kunshan Huguang Auto Harness 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 3.68% mean?
Kunshan Huguang Auto Harness Co (SHSE:605333) has a Return-on-Tangible-Equity of 3.68% 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 Kunshan Huguang Auto Harness Co and its competitors. This is 82% below median its historical median of 19.92. According to the industry distribution chart, Kunshan Huguang Auto Harness Co ranks #341 out of 1282 companies in the Vehicles & Parts industry, placing it in the top 26.6%.
Is Kunshan Huguang Auto Harness Co's Return-on-Tangible-Equity too high?
Kunshan Huguang Auto Harness Co's current Return-on-Tangible-Equity of 3.68% is 82% below median its 10-year median of 19.92. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.59. Kunshan Huguang Auto Harness Co's value of 3.68% is 51.5% below this industry median. Based on the distribution chart, Kunshan Huguang Auto Harness Co ranks #341 out of 1282 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Kunshan Huguang Auto Harness Co has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kunshan Huguang Auto Harness Co's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Kunshan Huguang Auto Harness Co ranks #341 out of 1282 companies for Return-on-Tangible-Equity. This puts Kunshan Huguang Auto Harness Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.59. Kunshan Huguang Auto Harness Co's value of 3.68% is 51.5% below this benchmark. While the company's 10-year median is 19.92 vs. the industry median of 7.59, Kunshan Huguang Auto Harness 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.59, based on 1,282 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. Kunshan Huguang Auto Harness Co's current Return-on-Tangible-Equity of 3.68% is 51.5% 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 Kunshan Huguang Auto Harness Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kunshan Huguang Auto Harness Co's current Return-on-Tangible-Equity is 3.68%, which is 82% below median its own 10-year median of 19.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kunshan Huguang Auto Harness Co stock overvalued right now?
Based on GuruFocus' analysis, Kunshan Huguang Auto Harness Co (SHSE:605333) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥41.24, compared to a current price of ¥17.21 — trading 58.3% below its estimated fair value. The current Return-on-Tangible-Equity is 3.68%, which is 82% below median its 10-year median of 19.92 and 51.5% below the Vehicles & Parts industry median of 7.59. Kunshan Huguang Auto Harness Co's overall GF Score™ is 68/100 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 Kunshan Huguang Auto Harness Co (SHSE:605333), the current Return-on-Tangible-Equity is 3.68% 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 Kunshan Huguang Auto Harness Co (SHSE:605333) Overvalued in 2026?
Based on GuruFocus' analysis, Kunshan Huguang Auto Harness Co stock appears to be undervalued.
The current stock price of ¥17.21 is trading 58.3% below its estimated GF Value™ of ¥41.24.
GuruFocus considers Kunshan Huguang Auto Harness Co to be Significantly Undervalued.
Key valuation signals for SHSE:605333:
Return-on-Tangible-Equity: 3.68% (82% below median its 10-year median of 19.92)
GF Value™: ¥41.24 vs. price of ¥17.21 (58.3% below fair value)
Industry Position: 51.5% below the Vehicles & Parts median (#341 of 1282)
No single metric tells the full story. See the SHSE:605333 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kunshan Huguang Auto Harness Co Business Description
Kunshan Huguang Auto Harness Co Ltd is engaged in manufacturing and sales of automotive wiring harnesses. The company specializes in development and production of high and low voltage wire harness assembly. Its products include engine harness, KNK harness, door harness, HV harness, front cabin harness, instrument harness, cable harness and ABS wire harness.
68GF Score
Get the complete analysis for SHSE:605333
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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