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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. Nanjing CIGU Technology's annualized net income for the quarter that ended in Mar. 2026 was ¥-19.3 Mil. Nanjing CIGU Technology's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥991.5 Mil. Therefore, Nanjing CIGU Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -1.95%.
The historical rank and industry rank for Nanjing CIGU Technology's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:688448'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.96 Med: 13.21 Max: 37.69
Current: 0.96
During the past 8 years, Nanjing CIGU Technology's highest Return-on-Tangible-Equity was 37.69%. The lowest was 0.96%. And the median was 13.21%.
SHSE:688448's Return-on-Tangible-Equity is ranked worse than 73.28% of 2972
companies
in the Industrial Products industry
Industry Median: 6.775
vs SHSE:688448: 0.96
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.
Nanjing CIGU Technology Return-on-Tangible-Equity Related Terms
Nanjing CIGU Technology Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nanjing CIGU Technology'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.
SHSE:688448 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Nanjing CIGU Technology'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.
Nanjing CIGU Technology Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nanjing CIGU Technology's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nanjing CIGU Technology'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 -1.95% mean?
Nanjing CIGU Technology (SHSE:688448) has a Return-on-Tangible-Equity of -1.95% 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 Nanjing CIGU Technology and its competitors. Over the past decade, Nanjing CIGU Technology's Return-on-Tangible-Equity has ranged from 0.96 to 37.69. According to the industry distribution chart, Nanjing CIGU Technology ranks #2178 out of 2972 companies in the Industrial Products industry, placing it in the top 73.3%.
Is Nanjing CIGU Technology's Return-on-Tangible-Equity too high?
Nanjing CIGU Technology's current Return-on-Tangible-Equity is -1.95%. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 37.69. Based on the distribution chart, Nanjing CIGU Technology ranks #2178 out of 2972 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Nanjing CIGU Technology has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nanjing CIGU Technology's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nanjing CIGU Technology ranks #2178 out of 2972 companies for Return-on-Tangible-Equity. This places Nanjing CIGU Technology in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.78. Historically, Nanjing CIGU Technology's own Return-on-Tangible-Equity has ranged from 0.96 to 37.69 over the past decade. 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 6.78, based on 2,972 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 Nanjing CIGU Technology and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanjing CIGU Technology's current Return-on-Tangible-Equity is -1.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing CIGU Technology stock overvalued right now?
Based on GuruFocus' analysis, Nanjing CIGU Technology (SHSE:688448) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥25.57, compared to a current price of ¥45.98 — trading 79.8% above its estimated fair value. The current Return-on-Tangible-Equity is -1.95%. Nanjing CIGU Technology's overall GF Score™ is 68/100 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 Nanjing CIGU Technology (SHSE:688448), the current Return-on-Tangible-Equity is -1.95% 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 Nanjing CIGU Technology (SHSE:688448) Overvalued in 2026?
Based on GuruFocus' analysis, Nanjing CIGU Technology stock appears to be overvalued.
The current stock price of ¥45.98 is trading 79.8% above its estimated GF Value™ of ¥25.57.
GuruFocus considers Nanjing CIGU Technology to be Significantly Overvalued.
Key valuation signals for SHSE:688448:
Return-on-Tangible-Equity: -1.95%
GF Value™: ¥25.57 vs. price of ¥45.98 (79.8% above fair value)
No single metric tells the full story. See the SHSE:688448 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nanjing CIGU Technology Corp Ltd is engaged in the research and development, production, and sales of magnetic levitation fluid machinery and magnetic levitation bearings, high-speed motors, high-speed drives, and other core components.
68GF Score
Get the complete analysis for SHSE:688448
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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