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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. Keystone Technology Co's annualized net income for the quarter that ended in Jun. 2026 was ¥-96 Mil. Keystone Technology Co's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ¥873 Mil. Therefore, Keystone Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was -11.03%.
The historical rank and industry rank for Keystone Technology Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:605588'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.37 Med: 15.97 Max: 34.43
Current: -11.37
During the past 9 years, Keystone Technology Co's highest Return-on-Tangible-Equity was 34.43%. The lowest was -11.37%. And the median was 15.97%.
SHSE:605588's Return-on-Tangible-Equity is ranked worse than 82.26% of 992
companies
in the Semiconductors industry
Industry Median: 6.735
vs SHSE:605588: -11.37
Keystone Technology Co (SHSE:605588) 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.
Keystone Technology Co Return-on-Tangible-Equity Related Terms
Keystone Technology Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Keystone Technology 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.
Keystone Technology Co Return-on-Tangible-Equity Chart
SHSE:605588 vs AMAT, LRCX, KLAC: Return-on-Tangible-Equity Comparison
For the Semiconductor Equipment & Materials subindustry, Keystone 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.
Keystone Technology Co Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Keystone Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Keystone 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -11.03% mean?
Keystone Technology Co (SHSE:605588) has a Return-on-Tangible-Equity of -11.03% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Keystone Technology Co and its competitors. According to the industry distribution chart, Keystone Technology Co ranks #816 out of 992 companies in the Semiconductors industry, placing it in the top 82.3%.
Is Keystone Technology Co's Return-on-Tangible-Equity too high?
Keystone Technology Co's current Return-on-Tangible-Equity is -11.03%. Based on the distribution chart, Keystone Technology Co ranks #816 out of 992 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Keystone Technology Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keystone Technology Co's Return-on-Tangible-Equity compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Keystone Technology Co ranks #816 out of 992 companies for Return-on-Tangible-Equity. This places Keystone Technology Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.74. 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 6.74, based on 992 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 Keystone Technology Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keystone Technology Co's current Return-on-Tangible-Equity is -11.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keystone Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Keystone Technology Co (SHSE:605588) is currently considered Fairly Valued. The stock's GF Value™ is ¥51.74, compared to a current price of ¥46.98 — trading 9.2% below its estimated fair value. The current Return-on-Tangible-Equity is -11.03%. Keystone Technology Co's overall GF Score™ is 70/100 with 7 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 Keystone Technology Co (SHSE:605588), the current Return-on-Tangible-Equity is -11.03% as of Jun. 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 Keystone Technology Co (SHSE:605588) Overvalued in 2026?
Based on GuruFocus' analysis, Keystone Technology Co stock appears to be undervalued.
The current stock price of ¥46.98 is trading 9.2% below its estimated GF Value™ of ¥51.74.
GuruFocus considers Keystone Technology Co to be Fairly Valued.
Key valuation signals for SHSE:605588:
Return-on-Tangible-Equity: -11.03%
GF Value™: ¥51.74 vs. price of ¥46.98 (9.2% below fair value)
No single metric tells the full story. See the SHSE:605588 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keystone Technology Co Ltd is engaged in the research and development, production and sales of semiconductor display devices and special adhesive materials. The main products of company include polarizers, functional devices, signal connectors, liquid crystal modules and display panel production materials. The terminals are mainly used in LCD TVs, smart phones, tablets, laptops, and wearable devices.
70GF Score
Get the complete analysis for SHSE:605588
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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