Heilongjiang Publishing & Media Co (SHSE:605577) Return-on-Tangible-Equity: 13.25% (As of Mar. 2026) — 47% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:605577 Heilongjiang Publishing & Media Co Ltd SHSE:605577
66 GF Score
Price ¥10.76
GF Value ¥12.80
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Heilongjiang Publishing & Media Co Return-on-Tangible-Equity?

Heilongjiang Publishing & Media Co SHSE:605577 +10.02% 66 Return-on-Tangible-Equity is 13.25% as of Mar. 2026, which is 47% above its 10-year median of 9.02. GuruFocus rates SHSE:605577 with a GF Score™ of 66/100 and a GF Value™ of ¥12.80 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 859 Media - Diversified companies, Heilongjiang Publishing & Media Co ranks better than 54.02% 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. Heilongjiang Publishing & Media Co's annualized net income for the quarter that ended in Mar. 2026 was ¥493 Mil. Heilongjiang Publishing & Media Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥3,723 Mil. Therefore, Heilongjiang Publishing & Media Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.25%.

The historical rank and industry rank for Heilongjiang Publishing & Media Co's Return-on-Tangible-Equity or its related term are showing as below:

SHSE:605577' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.95   Med: 9.02   Max: 18.41
Current: 6.52

During the past 9 years, Heilongjiang Publishing & Media Co's highest Return-on-Tangible-Equity was 18.41%. The lowest was 5.95%. And the median was 9.02%.

SHSE:605577's Return-on-Tangible-Equity is ranked better than
54.02% of 859 companies
in the Media - Diversified industry
Industry Median: 5.3 vs SHSE:605577: 6.52

Heilongjiang Publishing & Media Co  (SHSE:605577) 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.


Heilongjiang Publishing & Media Co Return-on-Tangible-Equity Related Terms


Heilongjiang Publishing & Media Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Heilongjiang Publishing & Media 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.

Heilongjiang Publishing & Media Co Return-on-Tangible-Equity Chart

Heilongjiang Publishing & Media Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 18.41 16.32 10.78 5.95 6.29

Heilongjiang Publishing & Media Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.34 1.27 19.15 -7.60 13.25

SHSE:605577 vs NYT, WLY: Return-on-Tangible-Equity Comparison

For the Publishing subindustry, Heilongjiang Publishing & Media 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.


Heilongjiang Publishing & Media Co Return-on-Tangible-Equity vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Heilongjiang Publishing & Media Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Heilongjiang Publishing & Media Co's Return-on-Tangible-Equity falls into.


SHSE:605577
66GF Score
Heilongjiang Publishing & Media Co Ltd SHSE:605577
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heilongjiang Publishing & Media Co Return-on-Tangible-Equity Calculation

Heilongjiang Publishing & Media Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=224.077/( (3466.776+3660.166 )/ 2 )
=224.077/3563.471
=6.29 %

Heilongjiang Publishing & Media Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=493.164/( (3660.166+3784.976)/ 2 )
=493.164/3722.571
=13.25 %

* 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 13.25% mean?
Heilongjiang Publishing & Media Co (SHSE:605577) has a Return-on-Tangible-Equity of 13.25% 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 Heilongjiang Publishing & Media Co and its competitors. This is 47% above median its historical median of 9.02. Over the past decade, Heilongjiang Publishing & Media Co's Return-on-Tangible-Equity has ranged from 5.95 to 18.41. According to the industry distribution chart, Heilongjiang Publishing & Media Co ranks #395 out of 859 companies in the Media - Diversified industry, placing it in the top 46%.
Is Heilongjiang Publishing & Media Co's Return-on-Tangible-Equity too high?
Heilongjiang Publishing & Media Co's current Return-on-Tangible-Equity of 13.25% is 47% above median its 10-year median of 9.02. Over the past 10 years, this metric has ranged from a low of 5.95 to a high of 18.41. The Media - Diversified industry median Return-on-Tangible-Equity is 5.30. Heilongjiang Publishing & Media Co's value of 13.25% is 150% above this industry median. Based on the distribution chart, Heilongjiang Publishing & Media Co ranks #395 out of 859 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Heilongjiang Publishing & Media Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heilongjiang Publishing & Media Co's Return-on-Tangible-Equity compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Heilongjiang Publishing & Media Co ranks #395 out of 859 companies for Return-on-Tangible-Equity. This puts Heilongjiang Publishing & Media Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.30. Heilongjiang Publishing & Media Co's value of 13.25% is 150% above this benchmark. Historically, Heilongjiang Publishing & Media Co's own Return-on-Tangible-Equity has ranged from 5.95 to 18.41 over the past decade. While the company's 10-year median is 9.02 vs. the industry median of 5.30, Heilongjiang Publishing & Media 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 a Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.30, based on 859 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. Heilongjiang Publishing & Media Co's current Return-on-Tangible-Equity of 13.25% is 150% 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 Heilongjiang Publishing & Media Co and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heilongjiang Publishing & Media Co's current Return-on-Tangible-Equity is 13.25%, which is 47% above median its own 10-year median of 9.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heilongjiang Publishing & Media Co stock overvalued right now?
Based on GuruFocus' analysis, Heilongjiang Publishing & Media Co (SHSE:605577) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥12.80, compared to a current price of ¥10.76 — trading 15.9% below its estimated fair value. The current Return-on-Tangible-Equity is 13.25%, which is 47% above median its 10-year median of 9.02 and 150% above the Media - Diversified industry median of 5.30. Heilongjiang Publishing & Media Co's overall GF Score™ is 66/100 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 Heilongjiang Publishing & Media Co (SHSE:605577), the current Return-on-Tangible-Equity is 13.25% 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 Heilongjiang Publishing & Media Co (SHSE:605577) Overvalued in 2026?

Based on GuruFocus' analysis, Heilongjiang Publishing & Media Co stock appears to be undervalued. The current stock price of ¥10.76 is trading 15.9% below its estimated GF Value™ of ¥12.80. GuruFocus considers Heilongjiang Publishing & Media Co to be Modestly Undervalued.

Key valuation signals for SHSE:605577:

  • Return-on-Tangible-Equity: 13.25% (47% above median its 10-year median of 9.02)
  • GF Value™: ¥12.80 vs. price of ¥10.76 (15.9% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 150% above the Media - Diversified median (#395 of 859)

No single metric tells the full story. See the SHSE:605577 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heilongjiang Publishing & Media Co Business Description

Address No. 258, Longchuan Road, Songbei District, Heilongjiang Province, Harbin, CHN, 150028
Heilongjiang Publishing & Media Co Ltd is engaged in the editing and publishing of publications, printing, wholesale and retail, material trade, and others. The company is mainly engaged in the publishing business of teaching materials, general books, periodicals, electronic audio-visual products, and digital products through its subordinate companies, including People's Publishing House, Education Publishing House, Children's Publishing House, Science and Technology Publishing House, Fine Arts Publishing House, Northern Literature and Art, and Newspaper Group.
66GF Score

Get the complete analysis for SHSE:605577

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥10.76
Price
¥12.80
GF Value