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SHSE:688379's Return-on-Tangible-Equity is ranked better than 72.94% of 2982
companies
in the Industrial Products industry
Industry Median: 7.01
vs SHSE:688379: 13.62
Hangzhou Huaguang Advanced Welding Materials Co (SHSE:688379) 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.
Hangzhou Huaguang Advanced Welding Materials Co Return-on-Tangible-Equity Related Terms
Hangzhou Huaguang Advanced Welding Materials 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.
Hangzhou Huaguang Advanced Welding Materials Co Return-on-Tangible-Equity Chart
Hangzhou Huaguang Advanced Welding Materials Co Annual Data
SHSE:688379 vs ATI, CRS, MLI: Return-on-Tangible-Equity Comparison
For the Metal Fabrication subindustry, Hangzhou Huaguang Advanced Welding Materials 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.
Hangzhou Huaguang Advanced Welding Materials Co Return-on-Tangible-Equity vs Industrial Products Industry
* 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 16.85% mean?
Hangzhou Huaguang Advanced Welding Materials Co (SHSE:688379) has a Return-on-Tangible-Equity of 16.85% 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 Hangzhou Huaguang Advanced Welding Materials Co and its competitors. This is 67% above median its historical median of 10.11. Over the past decade, Hangzhou Huaguang Advanced Welding Materials Co's Return-on-Tangible-Equity has ranged from 1.01 to 19.04. According to the industry distribution chart, Hangzhou Huaguang Advanced Welding Materials Co ranks #807 out of 2982 companies in the Industrial Products industry, placing it in the top 27.1%.
Is Hangzhou Huaguang Advanced Welding Materials Co's Return-on-Tangible-Equity too high?
Hangzhou Huaguang Advanced Welding Materials Co's current Return-on-Tangible-Equity of 16.85% is 67% above median its 10-year median of 10.11. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 19.04. The Industrial Products industry median Return-on-Tangible-Equity is 7.01. Hangzhou Huaguang Advanced Welding Materials Co's value of 16.85% is 140.4% above this industry median. Based on the distribution chart, Hangzhou Huaguang Advanced Welding Materials Co ranks #807 out of 2982 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Hangzhou Huaguang Advanced Welding Materials Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Huaguang Advanced Welding Materials Co's Return-on-Tangible-Equity compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Hangzhou Huaguang Advanced Welding Materials Co ranks #807 out of 2982 companies for Return-on-Tangible-Equity. This puts Hangzhou Huaguang Advanced Welding Materials Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.01. Hangzhou Huaguang Advanced Welding Materials Co's value of 16.85% is 140.4% above this benchmark. Historically, Hangzhou Huaguang Advanced Welding Materials Co's own Return-on-Tangible-Equity has ranged from 1.01 to 19.04 over the past decade. While the company's 10-year median is 10.11 vs. the industry median of 7.01, Hangzhou Huaguang Advanced Welding Materials 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 7.01, based on 2,982 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. Hangzhou Huaguang Advanced Welding Materials Co's current Return-on-Tangible-Equity of 16.85% is 140.4% 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 Hangzhou Huaguang Advanced Welding Materials Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 7.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Huaguang Advanced Welding Materials Co's current Return-on-Tangible-Equity is 16.85%, which is 67% above median its own 10-year median of 10.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Huaguang Advanced Welding Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Huaguang Advanced Welding Materials Co (SHSE:688379) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥44.65, compared to a current price of ¥56.50 — trading 26.5% above its estimated fair value. The current Return-on-Tangible-Equity is 16.85%, which is 67% above median its 10-year median of 10.11 and 140.4% above the Industrial Products industry median of 7.01. Hangzhou Huaguang Advanced Welding Materials Co's overall GF Score™ is 86/100 with 8 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 Hangzhou Huaguang Advanced Welding Materials Co (SHSE:688379), the current Return-on-Tangible-Equity is 16.85% 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 Hangzhou Huaguang Advanced Welding Materials Co (SHSE:688379) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou Huaguang Advanced Welding Materials Co stock appears to be overvalued.
The current stock price of ¥56.50 is trading 26.5% above its estimated GF Value™ of ¥44.65.
GuruFocus considers Hangzhou Huaguang Advanced Welding Materials Co to be Modestly Overvalued.
Key valuation signals for SHSE:688379:
Return-on-Tangible-Equity: 16.85% (67% above median its 10-year median of 10.11)
GF Value™: ¥44.65 vs. price of ¥56.50 (26.5% above fair value)
Industry Position: 140.4% above the Industrial Products median (#807 of 2982)
No single metric tells the full story. See the SHSE:688379 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou Huaguang Advanced Welding Materials Co Ltd is engaged in production and sales of brazing materials. The company specialises in the research and fabrication of a broad range of welding materials as well as providing the customers with total welding solutions. It produces copper-based and silver-based welding materials in the forms of rods, rings, wires, strips, foils, powder, paste, flux-cored and flux-coated with over 2,800 specifications. The products are widely applied to the industry of refrigeration, household appliances, machinery, electric appliances, aeronautics, petrochemical, automobiles, tools, hard alloys, measurements, new energy equipment, bathroom facilities, railroad systems, among others.
86GF Score
Get the complete analysis for SHSE:688379
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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