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SHSE:688150's Return-on-Tangible-Equity is ranked better than 72.51% of 1568
companies
in the Chemicals industry
Industry Median: 5.785
vs SHSE:688150: 11.20
Shaanxi Lighte Optoelectronics Material Co (SHSE:688150) 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.
Shaanxi Lighte Optoelectronics Material Co Return-on-Tangible-Equity Related Terms
Shaanxi Lighte Optoelectronics Material 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.
Shaanxi Lighte Optoelectronics Material Co Return-on-Tangible-Equity Chart
Shaanxi Lighte Optoelectronics Material Co Annual Data
SHSE:688150 vs DOW: Return-on-Tangible-Equity Comparison
For the Chemicals subindustry, Shaanxi Lighte Optoelectronics Material 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.
Shaanxi Lighte Optoelectronics Material Co Return-on-Tangible-Equity vs Chemicals Industry
* 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 9.74% mean?
Shaanxi Lighte Optoelectronics Material Co (SHSE:688150) has a Return-on-Tangible-Equity of 9.74% 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 Shaanxi Lighte Optoelectronics Material Co and its competitors. This is 27% below median its historical median of 13.36. According to the industry distribution chart, Shaanxi Lighte Optoelectronics Material Co ranks #431 out of 1568 companies in the Chemicals industry, placing it in the top 27.5%.
Is Shaanxi Lighte Optoelectronics Material Co's Return-on-Tangible-Equity too high?
Shaanxi Lighte Optoelectronics Material Co's current Return-on-Tangible-Equity of 9.74% is 27% below median its 10-year median of 13.36. The Chemicals industry median Return-on-Tangible-Equity is 5.79. Shaanxi Lighte Optoelectronics Material Co's value of 9.74% is 68.4% above this industry median. Based on the distribution chart, Shaanxi Lighte Optoelectronics Material Co ranks #431 out of 1568 companies in the Chemicals industry, which is above the industry midpoint. Overall, Shaanxi Lighte Optoelectronics Material Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shaanxi Lighte Optoelectronics Material Co's Return-on-Tangible-Equity compare to DOW?
According to the Chemicals industry distribution chart, Shaanxi Lighte Optoelectronics Material Co ranks #431 out of 1568 companies for Return-on-Tangible-Equity. This puts Shaanxi Lighte Optoelectronics Material Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.79. Shaanxi Lighte Optoelectronics Material Co's value of 9.74% is 68.4% above this benchmark. While the company's 10-year median is 13.36 vs. the industry median of 5.79, Shaanxi Lighte Optoelectronics Material 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.79, based on 1,568 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. Shaanxi Lighte Optoelectronics Material Co's current Return-on-Tangible-Equity of 9.74% is 68.4% 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 Shaanxi Lighte Optoelectronics Material Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shaanxi Lighte Optoelectronics Material Co's current Return-on-Tangible-Equity is 9.74%, which is 27% below median its own 10-year median of 13.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shaanxi Lighte Optoelectronics Material Co stock overvalued right now?
Based on GuruFocus' analysis, Shaanxi Lighte Optoelectronics Material Co (SHSE:688150) is currently considered Fairly Valued. The stock's GF Value™ is ¥36.89, compared to a current price of ¥37.28 — trading 1.1% above its estimated fair value. The current Return-on-Tangible-Equity is 9.74%, which is 27% below median its 10-year median of 13.36 and 68.4% above the Chemicals industry median of 5.79. Shaanxi Lighte Optoelectronics Material Co's overall GF Score™ is 86/100 with 2 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 Shaanxi Lighte Optoelectronics Material Co (SHSE:688150), the current Return-on-Tangible-Equity is 9.74% 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 Shaanxi Lighte Optoelectronics Material Co (SHSE:688150) Overvalued in 2026?
Based on GuruFocus' analysis, Shaanxi Lighte Optoelectronics Material Co stock appears to be overvalued.
The current stock price of ¥37.28 is trading 1.1% above its estimated GF Value™ of ¥36.89.
GuruFocus considers Shaanxi Lighte Optoelectronics Material Co to be Fairly Valued.
Key valuation signals for SHSE:688150:
Return-on-Tangible-Equity: 9.74% (27% below median its 10-year median of 13.36)
GF Value™: ¥36.89 vs. price of ¥37.28 (1.1% above fair value)
Industry Position: 68.4% above the Chemicals median (#431 of 1568)
No single metric tells the full story. See the SHSE:688150 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shaanxi Lighte Optoelectronics Material Co Business Description
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