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.
Suzhou HYC Technology CoSHSE:688001 +2.84%68 Return-on-Tangible-Equity is 0.39% as of Mar. 2026, which is 97% below its 10-year median of 12.72. GuruFocus rates SHSE:688001 with a GF Score™ of 68/100 and a GF Value™ of ¥46.43 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,382 Hardware companies, Suzhou HYC Technology Co ranks worse than 56.17% 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. Suzhou HYC Technology Co's annualized net income for the quarter that ended in Mar. 2026 was ¥12 Mil. Suzhou HYC Technology Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥2,971 Mil. Therefore, Suzhou HYC Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.39%.
The historical rank and industry rank for Suzhou HYC Technology Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:688001'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -16.53 Med: 12.72 Max: 32.96
Current: 3.82
During the past 10 years, Suzhou HYC Technology Co's highest Return-on-Tangible-Equity was 32.96%. The lowest was -16.53%. And the median was 12.72%.
SHSE:688001's Return-on-Tangible-Equity is ranked worse than 56.17% of 2382
companies
in the Hardware industry
Industry Median: 5.485
vs SHSE:688001: 3.82
Suzhou HYC Technology Co (SHSE:688001) 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.
Suzhou HYC Technology Co Return-on-Tangible-Equity Related Terms
Suzhou HYC Technology Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Suzhou HYC 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.
Suzhou HYC Technology Co Return-on-Tangible-Equity Chart
SHSE:688001 vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Suzhou HYC 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.
Suzhou HYC Technology Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Suzhou HYC Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Suzhou HYC 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 0.39% mean?
Suzhou HYC Technology Co (SHSE:688001) has a Return-on-Tangible-Equity of 0.39% 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 Suzhou HYC Technology Co and its competitors. This is 97% below median its historical median of 12.72. According to the industry distribution chart, Suzhou HYC Technology Co ranks #1338 out of 2382 companies in the Hardware industry, placing it in the top 56.2%.
Is Suzhou HYC Technology Co's Return-on-Tangible-Equity too high?
Suzhou HYC Technology Co's current Return-on-Tangible-Equity of 0.39% is 97% below median its 10-year median of 12.72. The Hardware industry median Return-on-Tangible-Equity is 5.49. Suzhou HYC Technology Co's value of 0.39% is 92.9% below this industry median. Based on the distribution chart, Suzhou HYC Technology Co ranks #1338 out of 2382 companies in the Hardware industry, which is below the industry midpoint. Overall, Suzhou HYC Technology Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Suzhou HYC Technology Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Suzhou HYC Technology Co ranks #1338 out of 2382 companies for Return-on-Tangible-Equity. This places Suzhou HYC Technology Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.49. Suzhou HYC Technology Co's value of 0.39% is 92.9% below this benchmark. While the company's 10-year median is 12.72 vs. the industry median of 5.49, Suzhou HYC Technology 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.49, based on 2,382 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. Suzhou HYC Technology Co's current Return-on-Tangible-Equity of 0.39% is 92.9% 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 Suzhou HYC Technology Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suzhou HYC Technology Co's current Return-on-Tangible-Equity is 0.39%, which is 97% below median its own 10-year median of 12.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou HYC Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou HYC Technology Co (SHSE:688001) is currently considered Fairly Valued. The stock's GF Value™ is ¥46.43, compared to a current price of ¥50.39 — trading 8.5% above its estimated fair value. The current Return-on-Tangible-Equity is 0.39%, which is 97% below median its 10-year median of 12.72 and 92.9% below the Hardware industry median of 5.49. Suzhou HYC Technology Co's overall GF Score™ is 68/100 with 5 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 Suzhou HYC Technology Co (SHSE:688001), the current Return-on-Tangible-Equity is 0.39% 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 Suzhou HYC Technology Co (SHSE:688001) Overvalued in 2026?
Based on GuruFocus' analysis, Suzhou HYC Technology Co stock appears to be overvalued.
The current stock price of ¥50.39 is trading 8.5% above its estimated GF Value™ of ¥46.43.
GuruFocus considers Suzhou HYC Technology Co to be Fairly Valued.
Key valuation signals for SHSE:688001:
Return-on-Tangible-Equity: 0.39% (97% below median its 10-year median of 12.72)
GF Value™: ¥46.43 vs. price of ¥50.39 (8.5% above fair value)
Industry Position: 92.9% below the Hardware median (#1338 of 2382)
No single metric tells the full story. See the SHSE:688001 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suzhou HYC Technology Co Ltd is a provider of industrial automatic test equipment and complete line system solutions. The test products are used in the manufacturers of LCD, flexible OLED, semiconductor, new energy automotive electronics and other industries.
68GF Score
Get the complete analysis for SHSE:688001
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:688001 has been successfully added to your 
