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SHSE:688501's Return-on-Tangible-Equity is ranked better than 75.84% of 2972
companies
in the Industrial Products industry
Industry Median: 6.78
vs SHSE:688501: 14.24
Qingdao Daneng Environmental Protection Equipment Co (SHSE:688501) 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.
Qingdao Daneng Environmental Protection Equipment Co Return-on-Tangible-Equity Related Terms
Qingdao Daneng Environmental Protection Equipment 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.
Qingdao Daneng Environmental Protection Equipment Co Return-on-Tangible-Equity Chart
Qingdao Daneng Environmental Protection Equipment Co Annual Data
SHSE:688501 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Qingdao Daneng Environmental Protection Equipment 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.
Qingdao Daneng Environmental Protection Equipment 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 (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 11.31% mean?
Qingdao Daneng Environmental Protection Equipment Co (SHSE:688501) has a Return-on-Tangible-Equity of 11.31% 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 Qingdao Daneng Environmental Protection Equipment Co and its competitors. This is near median its historical median of 10.76. Over the past decade, Qingdao Daneng Environmental Protection Equipment Co's Return-on-Tangible-Equity has ranged from 7.86 to 19.34. According to the industry distribution chart, Qingdao Daneng Environmental Protection Equipment Co ranks #718 out of 2972 companies in the Industrial Products industry, placing it in the top 24.2%.
Is Qingdao Daneng Environmental Protection Equipment Co's Return-on-Tangible-Equity too high?
Qingdao Daneng Environmental Protection Equipment Co's current Return-on-Tangible-Equity of 11.31% is near median its 10-year median of 10.76. Over the past 10 years, this metric has ranged from a low of 7.86 to a high of 19.34. The Industrial Products industry median Return-on-Tangible-Equity is 6.78. Qingdao Daneng Environmental Protection Equipment Co's value of 11.31% is 66.8% above this industry median. Based on the distribution chart, Qingdao Daneng Environmental Protection Equipment Co ranks #718 out of 2972 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Qingdao Daneng Environmental Protection Equipment Co has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Qingdao Daneng Environmental Protection Equipment Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Qingdao Daneng Environmental Protection Equipment Co ranks #718 out of 2972 companies for Return-on-Tangible-Equity. This places Qingdao Daneng Environmental Protection Equipment Co in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.78. Qingdao Daneng Environmental Protection Equipment Co's value of 11.31% is 66.8% above this benchmark. Historically, Qingdao Daneng Environmental Protection Equipment Co's own Return-on-Tangible-Equity has ranged from 7.86 to 19.34 over the past decade. While the company's 10-year median is 10.76 vs. the industry median of 6.78, Qingdao Daneng Environmental Protection Equipment 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 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. Qingdao Daneng Environmental Protection Equipment Co's current Return-on-Tangible-Equity of 11.31% is 66.8% 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 Qingdao Daneng Environmental Protection Equipment 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. Qingdao Daneng Environmental Protection Equipment Co's current Return-on-Tangible-Equity is 11.31%, which is near median its own 10-year median of 10.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingdao Daneng Environmental Protection Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Qingdao Daneng Environmental Protection Equipment Co (SHSE:688501) is currently considered Possible Value Trap. The stock's GF Value™ is ¥27.76, compared to a current price of ¥15.68 — trading 43.5% below its estimated fair value. The current Return-on-Tangible-Equity is 11.31%, which is near median its 10-year median of 10.76 and 66.8% above the Industrial Products industry median of 6.78. Qingdao Daneng Environmental Protection Equipment Co's overall GF Score™ is 75/100 with 7 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 Qingdao Daneng Environmental Protection Equipment Co (SHSE:688501), the current Return-on-Tangible-Equity is 11.31% 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 Qingdao Daneng Environmental Protection Equipment Co (SHSE:688501) Overvalued in 2026?
Based on GuruFocus' analysis, Qingdao Daneng Environmental Protection Equipment Co stock appears to be undervalued.
The current stock price of ¥15.68 is trading 43.5% below its estimated GF Value™ of ¥27.76.
GuruFocus considers Qingdao Daneng Environmental Protection Equipment Co to be Possible Value Trap.
Key valuation signals for SHSE:688501:
Return-on-Tangible-Equity: 11.31% (near median its 10-year median of 10.76)
GF Value™: ¥27.76 vs. price of ¥15.68 (43.5% below fair value)
Industry Position: 66.8% above the Industrial Products median (#718 of 2972)
No single metric tells the full story. See the SHSE:688501 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qingdao Daneng Environmental Protection Equipment Co Business Description
Qingdao Daneng Environmental Protection Equipment Co Ltd is involved in the energy-saving and environmental protection industry. It provides customers with a full range of energy-saving and environmentally-friendly products. The company's technology and products have covered the prevention and control of pollutants such as slag, dust, flue gas, fine particulate matter, NOX, SOX, desulfurization wastewater, and boiler slag and flue gas waste heat recover.
75GF Score
Get the complete analysis for SHSE:688501
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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