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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. Arctech Solar Holding Co's annualized net income for the quarter that ended in Mar. 2026 was ¥-194 Mil. Arctech Solar Holding Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥3,938 Mil. Therefore, Arctech Solar Holding Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -4.92%.
The historical rank and industry rank for Arctech Solar Holding Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:688408'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.1 Med: 11.52 Max: 21.89
Current: -4.1
During the past 10 years, Arctech Solar Holding Co's highest Return-on-Tangible-Equity was 21.89%. The lowest was -4.10%. And the median was 11.52%.
SHSE:688408's Return-on-Tangible-Equity is ranked worse than 72.18% of 985
companies
in the Semiconductors industry
Industry Median: 5.31
vs SHSE:688408: -4.10
Arctech Solar Holding Co (SHSE:688408) 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.
Arctech Solar Holding Co Return-on-Tangible-Equity Related Terms
Arctech Solar Holding Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Arctech Solar Holding Co's Return-on-Tangible-Equity can be seen below:
* 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.
Arctech Solar Holding Co Return-on-Tangible-Equity Chart
SHSE:688408 vs FSLR, NXT, ENPH: Return-on-Tangible-Equity Comparison
For the Solar subindustry, Arctech Solar Holding 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.
Arctech Solar Holding Co Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Arctech Solar Holding Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Arctech Solar Holding 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 -4.92% mean?
Arctech Solar Holding Co (SHSE:688408) has a Return-on-Tangible-Equity of -4.92% 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 Arctech Solar Holding Co and its competitors. According to the industry distribution chart, Arctech Solar Holding Co ranks #711 out of 985 companies in the Semiconductors industry, placing it in the top 72.2%.
Is Arctech Solar Holding Co's Return-on-Tangible-Equity too high?
Arctech Solar Holding Co's current Return-on-Tangible-Equity is -4.92%. Based on the distribution chart, Arctech Solar Holding Co ranks #711 out of 985 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Arctech Solar Holding Co has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Arctech Solar Holding Co's Return-on-Tangible-Equity compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Arctech Solar Holding Co ranks #711 out of 985 companies for Return-on-Tangible-Equity. This places Arctech Solar Holding Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.31. 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.31, based on 985 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. 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 Arctech Solar Holding Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arctech Solar Holding Co's current Return-on-Tangible-Equity is -4.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arctech Solar Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Arctech Solar Holding Co (SHSE:688408) is currently considered Possible Value Trap. The stock's GF Value™ is ¥48.82, compared to a current price of ¥24.00 — trading 50.8% below its estimated fair value. The current Return-on-Tangible-Equity is -4.92%. Arctech Solar Holding Co's overall GF Score™ is 76/100 with 9 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 Arctech Solar Holding Co (SHSE:688408), the current Return-on-Tangible-Equity is -4.92% 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 Arctech Solar Holding Co (SHSE:688408) Overvalued in 2026?
Based on GuruFocus' analysis, Arctech Solar Holding Co stock appears to be undervalued.
The current stock price of ¥24.00 is trading 50.8% below its estimated GF Value™ of ¥48.82.
GuruFocus considers Arctech Solar Holding Co to be Possible Value Trap.
Key valuation signals for SHSE:688408:
Return-on-Tangible-Equity: -4.92%
GF Value™: ¥48.82 vs. price of ¥24.00 (50.8% below fair value)
No single metric tells the full story. See the SHSE:688408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arctech Solar Holding Co Ltd is engaged in design, production and sales of photovoltaic brackets. The company manufacturers and provides solutions for solar tracking and racking systems for utilities, commercial, industrial and residential projects. Its products under Tracker include Skyline Tracking System; SkySmart Tracking System; Arctracker Pro with tilted modules; Tilt single axis tracker; and products under Mounting structure include Seasonal Tilt; Dual Pole Solutions; and Single Pole Solutions.
76GF Score
Get the complete analysis for SHSE:688408
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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