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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. Suzhou Agioe Technologies Co's annualized net income for the quarter that ended in Mar. 2026 was ¥-18.1 Mil. Suzhou Agioe Technologies Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥898.1 Mil. Therefore, Suzhou Agioe Technologies Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -2.01%.
The historical rank and industry rank for Suzhou Agioe Technologies Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:688450'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.13 Med: 19.08 Max: 42.26
Current: -6.24
During the past 7 years, Suzhou Agioe Technologies Co's highest Return-on-Tangible-Equity was 42.26%. The lowest was -7.13%. And the median was 19.08%.
SHSE:688450's Return-on-Tangible-Equity is ranked worse than 83.41% of 2972
companies
in the Industrial Products industry
Industry Median: 6.78
vs SHSE:688450: -6.24
Suzhou Agioe Technologies Co (SHSE:688450) 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.
Suzhou Agioe Technologies Co Return-on-Tangible-Equity Related Terms
Suzhou Agioe 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.
Suzhou Agioe Technologies Co Return-on-Tangible-Equity Chart
SHSE:688450 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Suzhou Agioe 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.
Suzhou Agioe Technologies Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Suzhou Agioe Technologies Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Suzhou Agioe 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 -2.01% mean?
Suzhou Agioe Technologies Co (SHSE:688450) has a Return-on-Tangible-Equity of -2.01% 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 Suzhou Agioe Technologies Co and its competitors. According to the industry distribution chart, Suzhou Agioe Technologies Co ranks #2479 out of 2972 companies in the Industrial Products industry, placing it in the top 83.4%.
Is Suzhou Agioe Technologies Co's Return-on-Tangible-Equity too high?
Suzhou Agioe Technologies Co's current Return-on-Tangible-Equity is -2.01%. Based on the distribution chart, Suzhou Agioe Technologies Co ranks #2479 out of 2972 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Suzhou Agioe Technologies Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suzhou Agioe Technologies Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Suzhou Agioe Technologies Co ranks #2479 out of 2972 companies for Return-on-Tangible-Equity. This places Suzhou Agioe Technologies Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.78. 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 Suzhou Agioe Technologies Co 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. Suzhou Agioe Technologies Co's current Return-on-Tangible-Equity is -2.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Agioe Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Agioe Technologies Co (SHSE:688450) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥23.39, compared to a current price of ¥27.77 — trading 18.7% above its estimated fair value. The current Return-on-Tangible-Equity is -2.01%. Suzhou Agioe Technologies Co's overall GF Score™ is 68/100 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 Suzhou Agioe Technologies Co (SHSE:688450), the current Return-on-Tangible-Equity is -2.01% 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 Suzhou Agioe Technologies Co (SHSE:688450) Overvalued in 2026?
Based on GuruFocus' analysis, Suzhou Agioe Technologies Co stock appears to be overvalued.
The current stock price of ¥27.77 is trading 18.7% above its estimated GF Value™ of ¥23.39.
GuruFocus considers Suzhou Agioe Technologies Co to be Modestly Overvalued.
Key valuation signals for SHSE:688450:
Return-on-Tangible-Equity: -2.01%
GF Value™: ¥23.39 vs. price of ¥27.77 (18.7% above fair value)
No single metric tells the full story. See the SHSE:688450 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suzhou Agioe Technologies Co Ltd is a high-tech enterprise focusing on the research, development, production and sales of a new generation of optical fiber sensing network and asset digital operation and maintenance management system. The company has formed a series of products such as power facility asset monitoring operation and maintenance management system, submarine cable asset monitoring operation and maintenance management system, and integrated pipeline asset monitoring operation and maintenance management system, which are widely used in power grids, offshore wind power, integrated pipelines, petroleum and petrochemical and other important areas of the national economy.
68GF Score
Get the complete analysis for SHSE:688450
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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