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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. Hefei Kewell Power System Co's annualized net income for the quarter that ended in Mar. 2026 was ¥29.2 Mil. Hefei Kewell Power System Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,296.2 Mil. Therefore, Hefei Kewell Power System Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.25%.
The historical rank and industry rank for Hefei Kewell Power System Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:688551'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.83 Med: 9.86 Max: 74.49
Current: 3.95
During the past 9 years, Hefei Kewell Power System Co's highest Return-on-Tangible-Equity was 74.49%. The lowest was 3.83%. And the median was 9.86%.
SHSE:688551's Return-on-Tangible-Equity is ranked worse than 55.56% of 2383
companies
in the Hardware industry
Industry Median: 5.4
vs SHSE:688551: 3.95
Hefei Kewell Power System Co (SHSE:688551) 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.
Hefei Kewell Power System Co Return-on-Tangible-Equity Related Terms
Hefei Kewell Power System 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.
Hefei Kewell Power System Co Return-on-Tangible-Equity Chart
SHSE:688551 vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Hefei Kewell Power System 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.
Hefei Kewell Power System Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Hefei Kewell Power System Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hefei Kewell Power System 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 2.25% mean?
Hefei Kewell Power System Co (SHSE:688551) has a Return-on-Tangible-Equity of 2.25% 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 Hefei Kewell Power System Co and its competitors. This is 77% below median its historical median of 9.86. Over the past decade, Hefei Kewell Power System Co's Return-on-Tangible-Equity has ranged from 3.83 to 74.49. According to the industry distribution chart, Hefei Kewell Power System Co ranks #1324 out of 2383 companies in the Hardware industry, placing it in the top 55.6%.
Is Hefei Kewell Power System Co's Return-on-Tangible-Equity too high?
Hefei Kewell Power System Co's current Return-on-Tangible-Equity of 2.25% is 77% below median its 10-year median of 9.86. Over the past 10 years, this metric has ranged from a low of 3.83 to a high of 74.49. The Hardware industry median Return-on-Tangible-Equity is 5.40. Hefei Kewell Power System Co's value of 2.25% is 58.3% below this industry median. Based on the distribution chart, Hefei Kewell Power System Co ranks #1324 out of 2383 companies in the Hardware industry, which is below the industry midpoint. Overall, Hefei Kewell Power System Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hefei Kewell Power System Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Hefei Kewell Power System Co ranks #1324 out of 2383 companies for Return-on-Tangible-Equity. This places Hefei Kewell Power System Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.40. Hefei Kewell Power System Co's value of 2.25% is 58.3% below this benchmark. Historically, Hefei Kewell Power System Co's own Return-on-Tangible-Equity has ranged from 3.83 to 74.49 over the past decade. While the company's 10-year median is 9.86 vs. the industry median of 5.40, Hefei Kewell Power System Co has consistently been below 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.40, based on 2,383 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. Hefei Kewell Power System Co's current Return-on-Tangible-Equity of 2.25% is 58.3% below 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 Hefei Kewell Power System Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hefei Kewell Power System Co's current Return-on-Tangible-Equity is 2.25%, which is 77% below median its own 10-year median of 9.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hefei Kewell Power System Co stock overvalued right now?
Based on GuruFocus' analysis, Hefei Kewell Power System Co (SHSE:688551) is currently considered Fairly Valued. The stock's GF Value™ is ¥36.04, compared to a current price of ¥35.05 — trading 2.7% below its estimated fair value. The current Return-on-Tangible-Equity is 2.25%, which is 77% below median its 10-year median of 9.86 and 58.3% below the Hardware industry median of 5.40. Hefei Kewell Power System Co's overall GF Score™ is 84/100 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 Hefei Kewell Power System Co (SHSE:688551), the current Return-on-Tangible-Equity is 2.25% 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 Hefei Kewell Power System Co (SHSE:688551) Overvalued in 2026?
Based on GuruFocus' analysis, Hefei Kewell Power System Co stock appears to be undervalued.
The current stock price of ¥35.05 is trading 2.7% below its estimated GF Value™ of ¥36.04.
GuruFocus considers Hefei Kewell Power System Co to be Fairly Valued.
Key valuation signals for SHSE:688551:
Return-on-Tangible-Equity: 2.25% (77% below median its 10-year median of 9.86)
GF Value™: ¥36.04 vs. price of ¥35.05 (2.7% below fair value)
Industry Position: 58.3% below the Hardware median (#1324 of 2383)
No single metric tells the full story. See the SHSE:688551 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hefei Kewell Power System Co Ltd is engaged in manufacturing of test power supplies and systems. The company's products include DC source; AC source; system; and others. The products are mainly used in industrial fields such as new energy power generation, electric vehicles, fuel cells and power devices.
84GF Score
Get the complete analysis for SHSE:688551
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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