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Beijing Balance Medical Technology CoSHSE:688198 +4.84%88 Return-on-Tangible-Equity is 14.13% as of Mar. 2026, which is 6% above its 10-year median of 13.34. GuruFocus rates SHSE:688198 with a GF Score™ of 88/100 and a GF Value™ of ¥188.03 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 756 Medical Devices & Instruments companies, Beijing Balance Medical Technology Co ranks better than 80.29% on this metric.
The historical rank and industry rank for Beijing Balance Medical Technology Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:688198'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.77 Med: 13.34 Max: 42.71
Current: 18.08
During the past 10 years, Beijing Balance Medical Technology Co's highest Return-on-Tangible-Equity was 42.71%. The lowest was 5.77%. And the median was 13.34%.
SHSE:688198's Return-on-Tangible-Equity is ranked better than 80.29% of 756
companies
in the Medical Devices & Instruments industry
Industry Median: 4.15
vs SHSE:688198: 18.08
Beijing Balance Medical Technology Co (SHSE:688198) 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.
Beijing Balance Medical Technology Co Return-on-Tangible-Equity Related Terms
Beijing Balance Medical Technology 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.
Beijing Balance Medical Technology Co Return-on-Tangible-Equity Chart
SHSE:688198 vs ABT, SYK, MDT: Return-on-Tangible-Equity Comparison
For the Medical Devices subindustry, Beijing Balance Medical 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.
Beijing Balance Medical Technology Co Return-on-Tangible-Equity vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Beijing Balance Medical Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Beijing Balance Medical 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 14.13% mean?
Beijing Balance Medical Technology Co (SHSE:688198) has a Return-on-Tangible-Equity of 14.13% 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 Beijing Balance Medical Technology Co and its competitors. This is near median its historical median of 13.34. Over the past decade, Beijing Balance Medical Technology Co's Return-on-Tangible-Equity has ranged from 5.77 to 42.71. According to the industry distribution chart, Beijing Balance Medical Technology Co ranks #149 out of 756 companies in the Medical Devices & Instruments industry, placing it in the top 19.7%.
Is Beijing Balance Medical Technology Co's Return-on-Tangible-Equity too high?
Beijing Balance Medical Technology Co's current Return-on-Tangible-Equity of 14.13% is near median its 10-year median of 13.34. Over the past 10 years, this metric has ranged from a low of 5.77 to a high of 42.71. The Medical Devices & Instruments industry median Return-on-Tangible-Equity is 4.15. Beijing Balance Medical Technology Co's value of 14.13% is 240.5% above this industry median. Based on the distribution chart, Beijing Balance Medical Technology Co ranks #149 out of 756 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Beijing Balance Medical Technology Co has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Balance Medical Technology Co's Return-on-Tangible-Equity compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Beijing Balance Medical Technology Co ranks #149 out of 756 companies for Return-on-Tangible-Equity. This places Beijing Balance Medical Technology Co in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.15. Beijing Balance Medical Technology Co's value of 14.13% is 240.5% above this benchmark. Historically, Beijing Balance Medical Technology Co's own Return-on-Tangible-Equity has ranged from 5.77 to 42.71 over the past decade. While the company's 10-year median is 13.34 vs. the industry median of 4.15, Beijing Balance Medical Technology 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 Medical Devices & Instruments company?
The median Return-on-Tangible-Equity among Medical Devices & Instruments companies is 4.15, based on 756 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. Beijing Balance Medical Technology Co's current Return-on-Tangible-Equity of 14.13% is 240.5% 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 Beijing Balance Medical Technology Co and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Equity is 4.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Balance Medical Technology Co's current Return-on-Tangible-Equity is 14.13%, which is near median its own 10-year median of 13.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Balance Medical Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Balance Medical Technology Co (SHSE:688198) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥188.03, compared to a current price of ¥81.50 — trading 56.7% below its estimated fair value. The current Return-on-Tangible-Equity is 14.13%, which is near median its 10-year median of 13.34 and 240.5% above the Medical Devices & Instruments industry median of 4.15. Beijing Balance Medical Technology Co's overall GF Score™ is 88/100 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 Beijing Balance Medical Technology Co (SHSE:688198), the current Return-on-Tangible-Equity is 14.13% 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 Beijing Balance Medical Technology Co (SHSE:688198) Overvalued in 2026?
Based on GuruFocus' analysis, Beijing Balance Medical Technology Co stock appears to be undervalued.
The current stock price of ¥81.50 is trading 56.7% below its estimated GF Value™ of ¥188.03.
GuruFocus considers Beijing Balance Medical Technology Co to be Significantly Undervalued.
Key valuation signals for SHSE:688198:
Return-on-Tangible-Equity: 14.13% (near median its 10-year median of 13.34)
GF Value™: ¥188.03 vs. price of ¥81.50 (56.7% below fair value)
Industry Position: 240.5% above the Medical Devices & Instruments median (#149 of 756)
No single metric tells the full story. See the SHSE:688198 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beijing Balance Medical Technology Co Ltd is engaged in the research and development and production of animal-derived implantable medical devices. The company's products are used in heart valve replacement and repair, congenital heart disease implant intervention and surgical soft tissue repair.
88GF Score
Get the complete analysis for SHSE:688198
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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