Shanghai BOCHU Electronic Technology (SHSE:688188) Return-on-Tangible-Equity: 20.72% (As of Mar. 2026) — Near Median

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SHSE:688188 Shanghai BOCHU Electronic Technology Corp Ltd SHSE:688188
97 GF Score
Price ¥99.70
GF Value ¥139.20
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Shanghai BOCHU Electronic Technology Return-on-Tangible-Equity?

Shanghai BOCHU Electronic Technology SHSE:688188 +1.30% 97 Return-on-Tangible-Equity is 20.72% as of Mar. 2026, which is 2% above its 10-year median of 20.31. GuruFocus rates SHSE:688188 with a GF Score™ of 97/100 and a GF Value™ of ¥139.20 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 985 Semiconductors companies, Shanghai BOCHU Electronic Technology ranks better than 84.06% 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. Shanghai BOCHU Electronic Technology's annualized net income for the quarter that ended in Mar. 2026 was ¥1,266 Mil. Shanghai BOCHU Electronic Technology's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥6,108 Mil. Therefore, Shanghai BOCHU Electronic Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 20.72%.

The historical rank and industry rank for Shanghai BOCHU Electronic Technology's Return-on-Tangible-Equity or its related term are showing as below:

SHSE:688188' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.65   Med: 20.31   Max: 93.69
Current: 20.02

During the past 10 years, Shanghai BOCHU Electronic Technology's highest Return-on-Tangible-Equity was 93.69%. The lowest was 13.65%. And the median was 20.31%.

SHSE:688188's Return-on-Tangible-Equity is ranked better than
84.06% of 985 companies
in the Semiconductors industry
Industry Median: 5.31 vs SHSE:688188: 20.02

Shanghai BOCHU Electronic Technology  (SHSE:688188) 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.


Shanghai BOCHU Electronic Technology Return-on-Tangible-Equity Related Terms


Shanghai BOCHU Electronic Technology Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Shanghai BOCHU Electronic Technology'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.

Shanghai BOCHU Electronic Technology Return-on-Tangible-Equity Chart

Shanghai BOCHU Electronic Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.90 13.65 16.22 17.33 19.71

Shanghai BOCHU Electronic Technology 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 18.66 27.48 18.41 14.07 20.72

SHSE:688188 vs NVDA, AVGO, MU: Return-on-Tangible-Equity Comparison

For the Semiconductors subindustry, Shanghai BOCHU Electronic Technology'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.


Shanghai BOCHU Electronic Technology Return-on-Tangible-Equity vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Shanghai BOCHU Electronic Technology's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Shanghai BOCHU Electronic Technology's Return-on-Tangible-Equity falls into.


SHSE:688188
97GF Score
Shanghai BOCHU Electronic Technology Corp Ltd SHSE:688188
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai BOCHU Electronic Technology Return-on-Tangible-Equity Calculation

Shanghai BOCHU Electronic Technology'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 )
=1112.548/( (5341.183+5947.113 )/ 2 )
=1112.548/5644.148
=19.71 %

Shanghai BOCHU Electronic Technology'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 )
=1265.796/( (5947.113+6268.695)/ 2 )
=1265.796/6107.904
=20.72 %

* 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 20.72% mean?
Shanghai BOCHU Electronic Technology (SHSE:688188) has a Return-on-Tangible-Equity of 20.72% 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 Shanghai BOCHU Electronic Technology and its competitors. This is near median its historical median of 20.31. Over the past decade, Shanghai BOCHU Electronic Technology's Return-on-Tangible-Equity has ranged from 13.65 to 93.69. According to the industry distribution chart, Shanghai BOCHU Electronic Technology ranks #157 out of 985 companies in the Semiconductors industry, placing it in the top 15.9%.
Is Shanghai BOCHU Electronic Technology's Return-on-Tangible-Equity too high?
Shanghai BOCHU Electronic Technology's current Return-on-Tangible-Equity of 20.72% is near median its 10-year median of 20.31. Over the past 10 years, this metric has ranged from a low of 13.65 to a high of 93.69. The Semiconductors industry median Return-on-Tangible-Equity is 5.31. Shanghai BOCHU Electronic Technology's value of 20.72% is 290.2% above this industry median. Based on the distribution chart, Shanghai BOCHU Electronic Technology ranks #157 out of 985 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai BOCHU Electronic Technology has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai BOCHU Electronic Technology's Return-on-Tangible-Equity compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Shanghai BOCHU Electronic Technology ranks #157 out of 985 companies for Return-on-Tangible-Equity. This places Shanghai BOCHU Electronic Technology in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.31. Shanghai BOCHU Electronic Technology's value of 20.72% is 290.2% above this benchmark. Historically, Shanghai BOCHU Electronic Technology's own Return-on-Tangible-Equity has ranged from 13.65 to 93.69 over the past decade. While the company's 10-year median is 20.31 vs. the industry median of 5.31, Shanghai BOCHU Electronic Technology 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.31, 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. Shanghai BOCHU Electronic Technology's current Return-on-Tangible-Equity of 20.72% is 290.2% 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 Shanghai BOCHU Electronic Technology and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai BOCHU Electronic Technology's current Return-on-Tangible-Equity is 20.72%, which is near median its own 10-year median of 20.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai BOCHU Electronic Technology stock overvalued right now?
Based on GuruFocus' analysis, Shanghai BOCHU Electronic Technology (SHSE:688188) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥139.20, compared to a current price of ¥99.70 — trading 28.4% below its estimated fair value. The current Return-on-Tangible-Equity is 20.72%, which is near median its 10-year median of 20.31 and 290.2% above the Semiconductors industry median of 5.31. Shanghai BOCHU Electronic Technology's overall GF Score™ is 97/100 with 1 warning sign 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 Shanghai BOCHU Electronic Technology (SHSE:688188), the current Return-on-Tangible-Equity is 20.72% 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 Shanghai BOCHU Electronic Technology (SHSE:688188) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai BOCHU Electronic Technology stock appears to be undervalued. The current stock price of ¥99.70 is trading 28.4% below its estimated GF Value™ of ¥139.20. GuruFocus considers Shanghai BOCHU Electronic Technology to be Modestly Undervalued.

Key valuation signals for SHSE:688188:

  • Return-on-Tangible-Equity: 20.72% (near median its 10-year median of 20.31)
  • GF Value™: ¥139.20 vs. price of ¥99.70 (28.4% below fair value)
  • GF Score™: 97/100 with 1 warning sign
  • Industry Position: 290.2% above the Semiconductors median (#157 of 985)

No single metric tells the full story. See the SHSE:688188 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai BOCHU Electronic Technology Business Description

Address No. 1000, Lanxiang Hunan Road, Minhang District, Shanghai, CHN, 200241
Shanghai BOCHU Electronic Technology Corp Ltd is engaged in research & development, production, and sales of laser cutting control systems. The company develops follow-up control, board control, and bus control systems, along with related supporting products.
97GF Score

Get the complete analysis for SHSE:688188

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

¥99.70
Price
¥139.20
GF Value