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Jiangsu Longda Superalloy CoSHSE:688231 +2.35%71 Return-on-Tangible-Equity is 6.99% as of Mar. 2026, which is 166% above its 10-year median of 2.63. GuruFocus rates SHSE:688231 with a GF Score™ of 71/100 and a GF Value™ of ¥22.11 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,381 Metals & Mining companies, Jiangsu Longda Superalloy Co ranks better than 75.43% 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. Jiangsu Longda Superalloy Co's annualized net income for the quarter that ended in Mar. 2026 was ¥190 Mil. Jiangsu Longda Superalloy Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥2,722 Mil. Therefore, Jiangsu Longda Superalloy Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.99%.
The historical rank and industry rank for Jiangsu Longda Superalloy Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:688231'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.07 Med: 2.63 Max: 15.25
Current: 3.44
During the past 8 years, Jiangsu Longda Superalloy Co's highest Return-on-Tangible-Equity was 15.25%. The lowest was -10.07%. And the median was 2.63%.
SHSE:688231's Return-on-Tangible-Equity is ranked better than 75.43% of 2381
companies
in the Metals & Mining industry
Industry Median: -16.41
vs SHSE:688231: 3.44
Jiangsu Longda Superalloy Co (SHSE:688231) 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.
Jiangsu Longda Superalloy Co Return-on-Tangible-Equity Related Terms
Jiangsu Longda Superalloy 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.
Jiangsu Longda Superalloy Co Return-on-Tangible-Equity Chart
Jiangsu Longda Superalloy Co Return-on-Tangible-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Jiangsu Longda Superalloy 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.
Jiangsu Longda Superalloy Co Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Jiangsu Longda Superalloy Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Jiangsu Longda Superalloy 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 6.99% mean?
Jiangsu Longda Superalloy Co (SHSE:688231) has a Return-on-Tangible-Equity of 6.99% 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 Jiangsu Longda Superalloy Co and its competitors. This is 166% above median its historical median of 2.63. According to the industry distribution chart, Jiangsu Longda Superalloy Co ranks #585 out of 2381 companies in the Metals & Mining industry, placing it in the top 24.6%.
Is Jiangsu Longda Superalloy Co's Return-on-Tangible-Equity too high?
Jiangsu Longda Superalloy Co's current Return-on-Tangible-Equity of 6.99% is 166% above median its 10-year median of 2.63. Based on the distribution chart, Jiangsu Longda Superalloy Co ranks #585 out of 2381 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangsu Longda Superalloy Co has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Longda Superalloy Co's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Jiangsu Longda Superalloy Co ranks #585 out of 2381 companies for Return-on-Tangible-Equity. This places Jiangsu Longda Superalloy Co in the top 25% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Jiangsu Longda Superalloy Co and its competitors. Jiangsu Longda Superalloy Co's current Return-on-Tangible-Equity is 6.99%, which is 166% above median its own 10-year median of 2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Longda Superalloy Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Longda Superalloy Co (SHSE:688231) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥22.11, compared to a current price of ¥26.18 — trading 18.4% above its estimated fair value. The current Return-on-Tangible-Equity is 6.99%, which is 166% above median its 10-year median of 2.63. Jiangsu Longda Superalloy Co's overall GF Score™ is 71/100 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 Jiangsu Longda Superalloy Co (SHSE:688231), the current Return-on-Tangible-Equity is 6.99% 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 Jiangsu Longda Superalloy Co (SHSE:688231) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Longda Superalloy Co stock appears to be overvalued.
The current stock price of ¥26.18 is trading 18.4% above its estimated GF Value™ of ¥22.11.
GuruFocus considers Jiangsu Longda Superalloy Co to be Modestly Overvalued.
Key valuation signals for SHSE:688231:
Return-on-Tangible-Equity: 6.99% (166% above median its 10-year median of 2.63)
GF Value™: ¥22.11 vs. price of ¥26.18 (18.4% above fair value)
No single metric tells the full story. See the SHSE:688231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Longda Superalloy Co Ltd engages in the research and development, production, and sales of alloy materials. Its high-temperature alloy segment includes casting and deformation alloys widely used in aerospace, energy, oil and gas, petrochemicals, shipbuilding, and automotive sectors. The company focuses on the "two-machine field," referring to aircraft engines and gas turbine equipment, serving both civil and military applications. It also offers alloy pipe products such as copper-nickel alloy tubes, high-speed rail ground wire alloy tubes, high-efficiency tubes, brass tubes, and copper tubes used in ships, power, rail transport, and petrochemical industries.
71GF Score
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