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SHSE:688215'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.28 Med: 6.96 Max: 48.73
Current: 9.33
During the past 13 years, Zhejiang Risun Intelligent Technology Co's highest Return-on-Tangible-Equity was 48.73%. The lowest was 2.28%. And the median was 6.96%.
SHSE:688215's Return-on-Tangible-Equity is ranked better than 60.58% of 2973
companies
in the Industrial Products industry
Industry Median: 6.79
vs SHSE:688215: 9.33
Zhejiang Risun Intelligent Technology Co (SHSE:688215) 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.
Zhejiang Risun Intelligent Technology Co Return-on-Tangible-Equity Related Terms
Zhejiang Risun Intelligent 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.
Zhejiang Risun Intelligent Technology Co Return-on-Tangible-Equity Chart
Zhejiang Risun Intelligent Technology Co Annual Data
SHSE:688215 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Zhejiang Risun Intelligent 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.
Zhejiang Risun Intelligent Technology Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Risun Intelligent Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zhejiang Risun Intelligent 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 7.59% mean?
Zhejiang Risun Intelligent Technology Co (SHSE:688215) has a Return-on-Tangible-Equity of 7.59% 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 Zhejiang Risun Intelligent Technology Co and its competitors. This is near median its historical median of 6.96. Over the past decade, Zhejiang Risun Intelligent Technology Co's Return-on-Tangible-Equity has ranged from 2.28 to 48.73. According to the industry distribution chart, Zhejiang Risun Intelligent Technology Co ranks #1172 out of 2973 companies in the Industrial Products industry, placing it in the top 39.4%.
Is Zhejiang Risun Intelligent Technology Co's Return-on-Tangible-Equity too high?
Zhejiang Risun Intelligent Technology Co's current Return-on-Tangible-Equity of 7.59% is near median its 10-year median of 6.96. Over the past 10 years, this metric has ranged from a low of 2.28 to a high of 48.73. The Industrial Products industry median Return-on-Tangible-Equity is 6.79. Zhejiang Risun Intelligent Technology Co's value of 7.59% is 11.8% above this industry median. Based on the distribution chart, Zhejiang Risun Intelligent Technology Co ranks #1172 out of 2973 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Zhejiang Risun Intelligent Technology Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Risun Intelligent Technology Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Risun Intelligent Technology Co ranks #1172 out of 2973 companies for Return-on-Tangible-Equity. This puts Zhejiang Risun Intelligent Technology Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.79. Zhejiang Risun Intelligent Technology Co's value of 7.59% is 11.8% above this benchmark. Historically, Zhejiang Risun Intelligent Technology Co's own Return-on-Tangible-Equity has ranged from 2.28 to 48.73 over the past decade. While the company's 10-year median is 6.96 vs. the industry median of 6.79, Zhejiang Risun Intelligent 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.79, based on 2,973 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. Zhejiang Risun Intelligent Technology Co's current Return-on-Tangible-Equity of 7.59% is 11.8% 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 Zhejiang Risun Intelligent Technology Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Risun Intelligent Technology Co's current Return-on-Tangible-Equity is 7.59%, which is near median its own 10-year median of 6.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Risun Intelligent Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Risun Intelligent Technology Co (SHSE:688215) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥22.36, compared to a current price of ¥31.10 — trading 39.1% above its estimated fair value. The current Return-on-Tangible-Equity is 7.59%, which is near median its 10-year median of 6.96 and 11.8% above the Industrial Products industry median of 6.79. Zhejiang Risun Intelligent Technology Co's overall GF Score™ is 81/100 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 Zhejiang Risun Intelligent Technology Co (SHSE:688215), the current Return-on-Tangible-Equity is 7.59% 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 Zhejiang Risun Intelligent Technology Co (SHSE:688215) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Risun Intelligent Technology Co stock appears to be overvalued.
The current stock price of ¥31.10 is trading 39.1% above its estimated GF Value™ of ¥22.36.
GuruFocus considers Zhejiang Risun Intelligent Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:688215:
Return-on-Tangible-Equity: 7.59% (near median its 10-year median of 6.96)
GF Value™: ¥22.36 vs. price of ¥31.10 (39.1% above fair value)
Industry Position: 11.8% above the Industrial Products median (#1172 of 2973)
No single metric tells the full story. See the SHSE:688215 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Risun Intelligent Technology Co Ltd is engaged in the production and sales of intelligent material transfer, automated production, automated storage, automated sorting, and logistics systems in industrial production. The company's main products are intelligent suspension production system, intelligent suspension warehouse sorting system, plane logistics transportation system, intelligent intersection pallet sorting machine, intelligent stereo storage system, real time data acquisition system and intelligent mobile robot (AGV), MES, WMS and other automated production equipment and logistics equipment, that are mainly applied to clothing, home textile, home, auto parts, cases, bags, shoes, baby carrier, electric business, logistics, warehousing, washing, and other industries.
81GF Score
Get the complete analysis for SHSE:688215
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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