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Guangdong Leadyo IC Testing CoSHSE:688135 -1.33%74 Return-on-Tangible-Equity is 1.09% as of Mar. 2026, which is 81% below its 10-year median of 5.87. GuruFocus rates SHSE:688135 with a GF Score™ of 74/100 and a GF Value™ of ¥35.15 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 985 Semiconductors companies, Guangdong Leadyo IC Testing Co ranks worse than 65.38% 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. Guangdong Leadyo IC Testing Co's annualized net income for the quarter that ended in Mar. 2026 was ¥13.7 Mil. Guangdong Leadyo IC Testing Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,260.2 Mil. Therefore, Guangdong Leadyo IC Testing Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.09%.
The historical rank and industry rank for Guangdong Leadyo IC Testing Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:688135'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.14 Med: 5.87 Max: 15.05
Current: 0.16
During the past 13 years, Guangdong Leadyo IC Testing Co's highest Return-on-Tangible-Equity was 15.05%. The lowest was -6.14%. And the median was 5.87%.
SHSE:688135's Return-on-Tangible-Equity is ranked worse than 65.38% of 985
companies
in the Semiconductors industry
Industry Median: 5.32
vs SHSE:688135: 0.16
Guangdong Leadyo IC Testing Co (SHSE:688135) 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.
Guangdong Leadyo IC Testing Co Return-on-Tangible-Equity Related Terms
Guangdong Leadyo IC Testing 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.
Guangdong Leadyo IC Testing Co Return-on-Tangible-Equity Chart
SHSE:688135 vs NVDA, AVGO, MU: Return-on-Tangible-Equity Comparison
For the Semiconductors subindustry, Guangdong Leadyo IC Testing 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.
Guangdong Leadyo IC Testing Co Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Guangdong Leadyo IC Testing Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Guangdong Leadyo IC Testing 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 1.09% mean?
Guangdong Leadyo IC Testing Co (SHSE:688135) has a Return-on-Tangible-Equity of 1.09% 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 Guangdong Leadyo IC Testing Co and its competitors. This is 81% below median its historical median of 5.87. According to the industry distribution chart, Guangdong Leadyo IC Testing Co ranks #644 out of 985 companies in the Semiconductors industry, placing it in the top 65.4%.
Is Guangdong Leadyo IC Testing Co's Return-on-Tangible-Equity too high?
Guangdong Leadyo IC Testing Co's current Return-on-Tangible-Equity of 1.09% is 81% below median its 10-year median of 5.87. The Semiconductors industry median Return-on-Tangible-Equity is 5.32. Guangdong Leadyo IC Testing Co's value of 1.09% is 79.5% below this industry median. Based on the distribution chart, Guangdong Leadyo IC Testing Co ranks #644 out of 985 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Guangdong Leadyo IC Testing Co has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guangdong Leadyo IC Testing Co's Return-on-Tangible-Equity compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Guangdong Leadyo IC Testing Co ranks #644 out of 985 companies for Return-on-Tangible-Equity. This places Guangdong Leadyo IC Testing Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.32. Guangdong Leadyo IC Testing Co's value of 1.09% is 79.5% below this benchmark. While the company's 10-year median is 5.87 vs. the industry median of 5.32, Guangdong Leadyo IC Testing 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.32, based on 985 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. Guangdong Leadyo IC Testing Co's current Return-on-Tangible-Equity of 1.09% is 79.5% 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 Guangdong Leadyo IC Testing Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangdong Leadyo IC Testing Co's current Return-on-Tangible-Equity is 1.09%, which is 81% below median its own 10-year median of 5.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Leadyo IC Testing Co stock overvalued right now?
Based on GuruFocus' analysis, Guangdong Leadyo IC Testing Co (SHSE:688135) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥35.15, compared to a current price of ¥21.44 — trading 39% below its estimated fair value. The current Return-on-Tangible-Equity is 1.09%, which is 81% below median its 10-year median of 5.87 and 79.5% below the Semiconductors industry median of 5.32. Guangdong Leadyo IC Testing Co's overall GF Score™ is 74/100 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 Guangdong Leadyo IC Testing Co (SHSE:688135), the current Return-on-Tangible-Equity is 1.09% 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 Guangdong Leadyo IC Testing Co (SHSE:688135) Overvalued in 2026?
Based on GuruFocus' analysis, Guangdong Leadyo IC Testing Co stock appears to be undervalued.
The current stock price of ¥21.44 is trading 39% below its estimated GF Value™ of ¥35.15.
GuruFocus considers Guangdong Leadyo IC Testing Co to be Significantly Undervalued.
Key valuation signals for SHSE:688135:
Return-on-Tangible-Equity: 1.09% (81% below median its 10-year median of 5.87)
GF Value™: ¥35.15 vs. price of ¥21.44 (39% below fair value)
Industry Position: 79.5% below the Semiconductors median (#644 of 985)
No single metric tells the full story. See the SHSE:688135 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guangdong Leadyo IC Testing Co Business Description
Guangdong Leadyo IC Testing Co Ltd is engaged in integrated circuit testing program development, 12-inch and 8-inch wafer testing services, finished chip testing services, and supporting services related to integrated circuit testing. It specializes in the semiconductor back-end processing step including the manufacture of integrated circuits of wafer testing, wafer thinning, wafer cutting, product testing and IC taping one-stop service, IC testing and provide software development, chip testing analysis, Load Board MPW production and engineering validation and Probe Card batch production, and other related services.
74GF Score
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