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Chison Medical Technologies CoSHSE:688358 +3.42%86 Return-on-Tangible-Equity is 13.34% as of Mar. 2026, which is 25% above its 10-year median of 10.67. GuruFocus rates SHSE:688358 with a GF Score™ of 86/100 and a GF Value™ of ¥34.12 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 758 Medical Devices & Instruments companies, Chison Medical Technologies Co ranks better than 62.27% 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. Chison Medical Technologies Co's annualized net income for the quarter that ended in Mar. 2026 was ¥184.1 Mil. Chison Medical Technologies Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,380.1 Mil. Therefore, Chison Medical Technologies Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.34%.
The historical rank and industry rank for Chison Medical Technologies Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:688358'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.42 Med: 10.67 Max: 66.38
Current: 8.71
During the past 10 years, Chison Medical Technologies Co's highest Return-on-Tangible-Equity was 66.38%. The lowest was 8.42%. And the median was 10.67%.
SHSE:688358's Return-on-Tangible-Equity is ranked better than 62.27% of 758
companies
in the Medical Devices & Instruments industry
Industry Median: 4.055
vs SHSE:688358: 8.71
Chison Medical Technologies Co (SHSE:688358) 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.
Chison Medical Technologies Co Return-on-Tangible-Equity Related Terms
Chison Medical Technologies 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.
Chison Medical Technologies Co Return-on-Tangible-Equity Chart
SHSE:688358 vs ABT, SYK, MDT: Return-on-Tangible-Equity Comparison
For the Medical Devices subindustry, Chison Medical Technologies 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.
Chison Medical Technologies Co Return-on-Tangible-Equity vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Chison Medical Technologies Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Chison Medical Technologies 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 13.34% mean?
Chison Medical Technologies Co (SHSE:688358) has a Return-on-Tangible-Equity of 13.34% 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 Chison Medical Technologies Co and its competitors. This is 25% above median its historical median of 10.67. Over the past decade, Chison Medical Technologies Co's Return-on-Tangible-Equity has ranged from 8.42 to 66.38. According to the industry distribution chart, Chison Medical Technologies Co ranks #286 out of 758 companies in the Medical Devices & Instruments industry, placing it in the top 37.7%.
Is Chison Medical Technologies Co's Return-on-Tangible-Equity too high?
Chison Medical Technologies Co's current Return-on-Tangible-Equity of 13.34% is 25% above median its 10-year median of 10.67. Over the past 10 years, this metric has ranged from a low of 8.42 to a high of 66.38. The Medical Devices & Instruments industry median Return-on-Tangible-Equity is 4.06. Chison Medical Technologies Co's value of 13.34% is 229% above this industry median. Based on the distribution chart, Chison Medical Technologies Co ranks #286 out of 758 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Chison Medical Technologies Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chison Medical Technologies Co's Return-on-Tangible-Equity compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Chison Medical Technologies Co ranks #286 out of 758 companies for Return-on-Tangible-Equity. This puts Chison Medical Technologies Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.06. Chison Medical Technologies Co's value of 13.34% is 229% above this benchmark. Historically, Chison Medical Technologies Co's own Return-on-Tangible-Equity has ranged from 8.42 to 66.38 over the past decade. While the company's 10-year median is 10.67 vs. the industry median of 4.06, Chison Medical Technologies 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 4.06, based on 758 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. Chison Medical Technologies Co's current Return-on-Tangible-Equity of 13.34% is 229% 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 Chison Medical Technologies Co and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Equity is 4.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chison Medical Technologies Co's current Return-on-Tangible-Equity is 13.34%, which is 25% above median its own 10-year median of 10.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chison Medical Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Chison Medical Technologies Co (SHSE:688358) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥34.12, compared to a current price of ¥26.90 — trading 21.2% below its estimated fair value. The current Return-on-Tangible-Equity is 13.34%, which is 25% above median its 10-year median of 10.67 and 229% above the Medical Devices & Instruments industry median of 4.06. Chison Medical Technologies Co's overall GF Score™ is 86/100 with 3 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 Chison Medical Technologies Co (SHSE:688358), the current Return-on-Tangible-Equity is 13.34% 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 Chison Medical Technologies Co (SHSE:688358) Overvalued in 2026?
Based on GuruFocus' analysis, Chison Medical Technologies Co stock appears to be undervalued.
The current stock price of ¥26.90 is trading 21.2% below its estimated GF Value™ of ¥34.12.
GuruFocus considers Chison Medical Technologies Co to be Modestly Undervalued.
Key valuation signals for SHSE:688358:
Return-on-Tangible-Equity: 13.34% (25% above median its 10-year median of 10.67)
GF Value™: ¥34.12 vs. price of ¥26.90 (21.2% below fair value)
Industry Position: 229% above the Medical Devices & Instruments median (#286 of 758)
No single metric tells the full story. See the SHSE:688358 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chison Medical Technologies Co Business Description
Chison Medical Technologies Co Ltd is a manufacturer and seller of ultrasound medical imaging equipment. The company provides ultrasound diagnostic equipment, health equipment, instrumentation, electronic components, electronic products, electronic equipment, trolleys, general equipment and accessories. Its products include Color Doppler, and B/W system.
86GF Score
Get the complete analysis for SHSE:688358
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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