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Shenzhen Chipscreen Biosciences CoSHSE:688321 +4.84%78 Return-on-Tangible-Equity is 11.91% as of Jun. 2026, which is 261% above its 10-year median of 3.30. GuruFocus rates SHSE:688321 with a GF Score™ of 78/100 and a GF Value™ of ¥36.51 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 902 Drug Manufacturers companies, Shenzhen Chipscreen Biosciences Co ranks worse than 52.22% on this metric.
The historical rank and industry rank for Shenzhen Chipscreen Biosciences Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:688321'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.87 Med: 3.3 Max: 11.08
Current: 6.9
During the past 10 years, Shenzhen Chipscreen Biosciences Co's highest Return-on-Tangible-Equity was 11.08%. The lowest was -10.87%. And the median was 3.30%.
SHSE:688321's Return-on-Tangible-Equity is ranked worse than 52.22% of 902
companies
in the Drug Manufacturers industry
Industry Median: 7.515
vs SHSE:688321: 6.90
Shenzhen Chipscreen Biosciences Co (SHSE:688321) 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.
Shenzhen Chipscreen Biosciences Co Return-on-Tangible-Equity Related Terms
Shenzhen Chipscreen Biosciences 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.
Shenzhen Chipscreen Biosciences Co Return-on-Tangible-Equity Chart
SHSE:688321 vs ZTS: Return-on-Tangible-Equity Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Shenzhen Chipscreen Biosciences 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.
Shenzhen Chipscreen Biosciences Co Return-on-Tangible-Equity vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Shenzhen Chipscreen Biosciences Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shenzhen Chipscreen Biosciences 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 11.91% mean?
Shenzhen Chipscreen Biosciences Co (SHSE:688321) has a Return-on-Tangible-Equity of 11.91% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Shenzhen Chipscreen Biosciences Co and its competitors. This is 261% above median its historical median of 3.30. According to the industry distribution chart, Shenzhen Chipscreen Biosciences Co ranks #471 out of 902 companies in the Drug Manufacturers industry, placing it in the top 52.2%.
Is Shenzhen Chipscreen Biosciences Co's Return-on-Tangible-Equity too high?
Shenzhen Chipscreen Biosciences Co's current Return-on-Tangible-Equity of 11.91% is 261% above median its 10-year median of 3.30. The Drug Manufacturers industry median Return-on-Tangible-Equity is 7.52. Shenzhen Chipscreen Biosciences Co's value of 11.91% is 58.5% above this industry median. Based on the distribution chart, Shenzhen Chipscreen Biosciences Co ranks #471 out of 902 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Shenzhen Chipscreen Biosciences Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Chipscreen Biosciences Co's Return-on-Tangible-Equity compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Shenzhen Chipscreen Biosciences Co ranks #471 out of 902 companies for Return-on-Tangible-Equity. This places Shenzhen Chipscreen Biosciences Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.52. Shenzhen Chipscreen Biosciences Co's value of 11.91% is 58.5% above this benchmark. While the company's 10-year median is 3.30 vs. the industry median of 7.52, Shenzhen Chipscreen Biosciences 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 Drug Manufacturers company?
The median Return-on-Tangible-Equity among Drug Manufacturers companies is 7.52, based on 902 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. Shenzhen Chipscreen Biosciences Co's current Return-on-Tangible-Equity of 11.91% is 58.5% 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 Shenzhen Chipscreen Biosciences Co and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Equity is 7.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Chipscreen Biosciences Co's current Return-on-Tangible-Equity is 11.91%, which is 261% above median its own 10-year median of 3.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Chipscreen Biosciences Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Chipscreen Biosciences Co (SHSE:688321) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥36.51, compared to a current price of ¥26.23 — trading 28.2% below its estimated fair value. The current Return-on-Tangible-Equity is 11.91%, which is 261% above median its 10-year median of 3.30 and 58.5% above the Drug Manufacturers industry median of 7.52. Shenzhen Chipscreen Biosciences Co's overall GF Score™ is 78/100 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 Shenzhen Chipscreen Biosciences Co (SHSE:688321), the current Return-on-Tangible-Equity is 11.91% as of Jun. 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 Shenzhen Chipscreen Biosciences Co (SHSE:688321) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Chipscreen Biosciences Co stock appears to be undervalued.
The current stock price of ¥26.23 is trading 28.2% below its estimated GF Value™ of ¥36.51.
GuruFocus considers Shenzhen Chipscreen Biosciences Co to be Modestly Undervalued.
Key valuation signals for SHSE:688321:
Return-on-Tangible-Equity: 11.91% (261% above median its 10-year median of 3.30)
GF Value™: ¥36.51 vs. price of ¥26.23 (28.2% below fair value)
Industry Position: 58.5% above the Drug Manufacturers median (#471 of 902)
No single metric tells the full story. See the SHSE:688321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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