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JiangSu Changling Hydraulic CoSHSE:605389 +0.88%63 Return-on-Tangible-Equity is 8.27% as of Mar. 2026, which is 33% below its 10-year median of 12.34. GuruFocus rates SHSE:605389 with a GF Score™ of 63/100 and a GF Value™ of ¥28.83 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,968 Industrial Products companies, JiangSu Changling Hydraulic Co ranks better than 52.8% 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. JiangSu Changling Hydraulic Co's annualized net income for the quarter that ended in Mar. 2026 was ¥151 Mil. JiangSu Changling Hydraulic Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,823 Mil. Therefore, JiangSu Changling Hydraulic Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.27%.
The historical rank and industry rank for JiangSu Changling Hydraulic Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:605389'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.34 Med: 12.34 Max: 50.58
Current: 7.37
During the past 10 years, JiangSu Changling Hydraulic Co's highest Return-on-Tangible-Equity was 50.58%. The lowest was 5.34%. And the median was 12.34%.
SHSE:605389's Return-on-Tangible-Equity is ranked better than 52.8% of 2968
companies
in the Industrial Products industry
Industry Median: 6.76
vs SHSE:605389: 7.37
JiangSu Changling Hydraulic Co (SHSE:605389) 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.
JiangSu Changling Hydraulic Co Return-on-Tangible-Equity Related Terms
JiangSu Changling Hydraulic 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.
JiangSu Changling Hydraulic Co Return-on-Tangible-Equity Chart
SHSE:605389 vs SNA, RBC, SWK: Return-on-Tangible-Equity Comparison
For the Tools & Accessories subindustry, JiangSu Changling Hydraulic 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.
JiangSu Changling Hydraulic Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, JiangSu Changling Hydraulic Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where JiangSu Changling Hydraulic 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 8.27% mean?
JiangSu Changling Hydraulic Co (SHSE:605389) has a Return-on-Tangible-Equity of 8.27% 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 JiangSu Changling Hydraulic Co and its competitors. This is 33% below median its historical median of 12.34. Over the past decade, JiangSu Changling Hydraulic Co's Return-on-Tangible-Equity has ranged from 5.34 to 50.58. According to the industry distribution chart, JiangSu Changling Hydraulic Co ranks #1401 out of 2968 companies in the Industrial Products industry, placing it in the top 47.2%.
Is JiangSu Changling Hydraulic Co's Return-on-Tangible-Equity too high?
JiangSu Changling Hydraulic Co's current Return-on-Tangible-Equity of 8.27% is 33% below median its 10-year median of 12.34. Over the past 10 years, this metric has ranged from a low of 5.34 to a high of 50.58. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. JiangSu Changling Hydraulic Co's value of 8.27% is 22.3% above this industry median. Based on the distribution chart, JiangSu Changling Hydraulic Co ranks #1401 out of 2968 companies in the Industrial Products industry, which is above the industry midpoint. Overall, JiangSu Changling Hydraulic Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JiangSu Changling Hydraulic Co's Return-on-Tangible-Equity compare to SNA and RBC?
According to the Industrial Products industry distribution chart, JiangSu Changling Hydraulic Co ranks #1401 out of 2968 companies for Return-on-Tangible-Equity. This puts JiangSu Changling Hydraulic Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.76. JiangSu Changling Hydraulic Co's value of 8.27% is 22.3% above this benchmark. Historically, JiangSu Changling Hydraulic Co's own Return-on-Tangible-Equity has ranged from 5.34 to 50.58 over the past decade. While the company's 10-year median is 12.34 vs. the industry median of 6.76, JiangSu Changling Hydraulic 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 6.76, based on 2,968 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. JiangSu Changling Hydraulic Co's current Return-on-Tangible-Equity of 8.27% is 22.3% 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 JiangSu Changling Hydraulic Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JiangSu Changling Hydraulic Co's current Return-on-Tangible-Equity is 8.27%, which is 33% below median its own 10-year median of 12.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JiangSu Changling Hydraulic Co stock overvalued right now?
Based on GuruFocus' analysis, JiangSu Changling Hydraulic Co (SHSE:605389) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥28.83, compared to a current price of ¥76.00 — trading 163.6% above its estimated fair value. The current Return-on-Tangible-Equity is 8.27%, which is 33% below median its 10-year median of 12.34 and 22.3% above the Industrial Products industry median of 6.76. JiangSu Changling Hydraulic Co's overall GF Score™ is 63/100 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 JiangSu Changling Hydraulic Co (SHSE:605389), the current Return-on-Tangible-Equity is 8.27% 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 JiangSu Changling Hydraulic Co (SHSE:605389) Overvalued in 2026?
Based on GuruFocus' analysis, JiangSu Changling Hydraulic Co stock appears to be overvalued.
The current stock price of ¥76.00 is trading 163.6% above its estimated GF Value™ of ¥28.83.
GuruFocus considers JiangSu Changling Hydraulic Co to be Significantly Overvalued.
Key valuation signals for SHSE:605389:
Return-on-Tangible-Equity: 8.27% (33% below median its 10-year median of 12.34)
GF Value™: ¥28.83 vs. price of ¥76.00 (163.6% above fair value)
Industry Position: 22.3% above the Industrial Products median (#1401 of 2968)
No single metric tells the full story. See the SHSE:605389 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JiangSu Changling Hydraulic Co Ltd is engaged in the research and development, production, and sales of key hydraulic components for construction machinery. The main products are hydraulic central rotary joints for construction machinery and hydraulic crawler tensioners, hydraulic valves and others.
63GF Score
Get the complete analysis for SHSE:605389
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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