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Shenzhen Lifotronic Technology CoSHSE:688389 +0.92%90 Return-on-Tangible-Equity is 6.46% as of Mar. 2026, which is 55% below its 10-year median of 14.26. GuruFocus rates SHSE:688389 with a GF Score™ of 90/100 and a GF Value™ of ¥15.77 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 758 Medical Devices & Instruments companies, Shenzhen Lifotronic Technology Co ranks better than 61.48% on this metric.
The historical rank and industry rank for Shenzhen Lifotronic Technology Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:688389'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.78 Med: 14.26 Max: 22.47
Current: 8.26
During the past 10 years, Shenzhen Lifotronic Technology Co's highest Return-on-Tangible-Equity was 22.47%. The lowest was 2.78%. And the median was 14.26%.
SHSE:688389's Return-on-Tangible-Equity is ranked better than 61.48% of 758
companies
in the Medical Devices & Instruments industry
Industry Median: 4.055
vs SHSE:688389: 8.26
Shenzhen Lifotronic Technology Co (SHSE:688389) 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 Lifotronic Technology Co Return-on-Tangible-Equity Related Terms
Shenzhen Lifotronic 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.
Shenzhen Lifotronic Technology Co Return-on-Tangible-Equity Chart
SHSE:688389 vs ABT, SYK, MDT: Return-on-Tangible-Equity Comparison
For the Medical Devices subindustry, Shenzhen Lifotronic 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.
Shenzhen Lifotronic Technology Co Return-on-Tangible-Equity vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Shenzhen Lifotronic Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shenzhen Lifotronic 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 6.46% mean?
Shenzhen Lifotronic Technology Co (SHSE:688389) has a Return-on-Tangible-Equity of 6.46% 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 Shenzhen Lifotronic Technology Co and its competitors. This is 55% below median its historical median of 14.26. Over the past decade, Shenzhen Lifotronic Technology Co's Return-on-Tangible-Equity has ranged from 2.78 to 22.47. According to the industry distribution chart, Shenzhen Lifotronic Technology Co ranks #292 out of 758 companies in the Medical Devices & Instruments industry, placing it in the top 38.5%.
Is Shenzhen Lifotronic Technology Co's Return-on-Tangible-Equity too high?
Shenzhen Lifotronic Technology Co's current Return-on-Tangible-Equity of 6.46% is 55% below median its 10-year median of 14.26. Over the past 10 years, this metric has ranged from a low of 2.78 to a high of 22.47. The Medical Devices & Instruments industry median Return-on-Tangible-Equity is 4.06. Shenzhen Lifotronic Technology Co's value of 6.46% is 59.3% above this industry median. Based on the distribution chart, Shenzhen Lifotronic Technology Co ranks #292 out of 758 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Shenzhen Lifotronic Technology Co has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Lifotronic Technology Co's Return-on-Tangible-Equity compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Shenzhen Lifotronic Technology Co ranks #292 out of 758 companies for Return-on-Tangible-Equity. This puts Shenzhen Lifotronic Technology Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.06. Shenzhen Lifotronic Technology Co's value of 6.46% is 59.3% above this benchmark. Historically, Shenzhen Lifotronic Technology Co's own Return-on-Tangible-Equity has ranged from 2.78 to 22.47 over the past decade. While the company's 10-year median is 14.26 vs. the industry median of 4.06, Shenzhen Lifotronic 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 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. Shenzhen Lifotronic Technology Co's current Return-on-Tangible-Equity of 6.46% is 59.3% 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 Lifotronic Technology 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. Shenzhen Lifotronic Technology Co's current Return-on-Tangible-Equity is 6.46%, which is 55% below median its own 10-year median of 14.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Lifotronic Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Lifotronic Technology Co (SHSE:688389) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥15.77, compared to a current price of ¥10.92 — trading 30.8% below its estimated fair value. The current Return-on-Tangible-Equity is 6.46%, which is 55% below median its 10-year median of 14.26 and 59.3% above the Medical Devices & Instruments industry median of 4.06. Shenzhen Lifotronic Technology Co's overall GF Score™ is 90/100 with 4 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 Lifotronic Technology Co (SHSE:688389), the current Return-on-Tangible-Equity is 6.46% 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 Shenzhen Lifotronic Technology Co (SHSE:688389) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Lifotronic Technology Co stock appears to be undervalued.
The current stock price of ¥10.92 is trading 30.8% below its estimated GF Value™ of ¥15.77.
GuruFocus considers Shenzhen Lifotronic Technology Co to be Significantly Undervalued.
Key valuation signals for SHSE:688389:
Return-on-Tangible-Equity: 6.46% (55% below median its 10-year median of 14.26)
GF Value™: ¥15.77 vs. price of ¥10.92 (30.8% below fair value)
Industry Position: 59.3% above the Medical Devices & Instruments median (#292 of 758)
No single metric tells the full story. See the SHSE:688389 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Lifotronic Technology Co Ltd is a China based company engaged in the development, production and sales of therapeutic and rehabilitation products, in vitro diagnostic equipment and supporting reagents.
90GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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