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Hefei I-TEK OptoElectronics CoSHSE:688610 -5.10%76 Return-on-Tangible-Equity is 11.66% as of Jun. 2026, which is 167% above its 10-year median of 4.37. GuruFocus rates SHSE:688610 with a GF Score™ of 76/100 and a GF Value™ of ¥102.41 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,376 Hardware companies, Hefei I-TEK OptoElectronics Co ranks better than 50.38% on this metric.
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 I-TEK OptoElectronics Co's annualized net income for the quarter that ended in Jun. 2026 was ¥183.8 Mil. Hefei I-TEK OptoElectronics Co's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ¥1,576.1 Mil. Therefore, Hefei I-TEK OptoElectronics Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 11.66%.
The historical rank and industry rank for Hefei I-TEK OptoElectronics Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:688610'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -101.95 Med: 4.37 Max: 29.09
Current: 6.4
During the past 7 years, Hefei I-TEK OptoElectronics Co's highest Return-on-Tangible-Equity was 29.09%. The lowest was -101.95%. And the median was 4.37%.
SHSE:688610's Return-on-Tangible-Equity is ranked better than 50.38% of 2376
companies
in the Hardware industry
Industry Median: 6.3
vs SHSE:688610: 6.40
Hefei I-TEK OptoElectronics Co (SHSE:688610) 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 I-TEK OptoElectronics Co Return-on-Tangible-Equity Related Terms
Hefei I-TEK OptoElectronics 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 I-TEK OptoElectronics Co Return-on-Tangible-Equity Chart
SHSE:688610 vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Hefei I-TEK OptoElectronics 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 I-TEK OptoElectronics Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Hefei I-TEK OptoElectronics Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hefei I-TEK OptoElectronics 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 11.66% mean?
Hefei I-TEK OptoElectronics Co (SHSE:688610) has a Return-on-Tangible-Equity of 11.66% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hefei I-TEK OptoElectronics Co and its competitors. This is 167% above median its historical median of 4.37. According to the industry distribution chart, Hefei I-TEK OptoElectronics Co ranks #1179 out of 2376 companies in the Hardware industry, placing it in the top 49.6%.
Is Hefei I-TEK OptoElectronics Co's Return-on-Tangible-Equity too high?
Hefei I-TEK OptoElectronics Co's current Return-on-Tangible-Equity of 11.66% is 167% above median its 10-year median of 4.37. The Hardware industry median Return-on-Tangible-Equity is 6.30. Hefei I-TEK OptoElectronics Co's value of 11.66% is 85.1% above this industry median. Based on the distribution chart, Hefei I-TEK OptoElectronics Co ranks #1179 out of 2376 companies in the Hardware industry, which is above the industry midpoint. Overall, Hefei I-TEK OptoElectronics Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hefei I-TEK OptoElectronics Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Hefei I-TEK OptoElectronics Co ranks #1179 out of 2376 companies for Return-on-Tangible-Equity. This puts Hefei I-TEK OptoElectronics Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.30. Hefei I-TEK OptoElectronics Co's value of 11.66% is 85.1% above this benchmark. While the company's 10-year median is 4.37 vs. the industry median of 6.30, Hefei I-TEK OptoElectronics 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 a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 6.30, based on 2,376 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 I-TEK OptoElectronics Co's current Return-on-Tangible-Equity of 11.66% is 85.1% 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 Hefei I-TEK OptoElectronics Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 6.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hefei I-TEK OptoElectronics Co's current Return-on-Tangible-Equity is 11.66%, which is 167% above median its own 10-year median of 4.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hefei I-TEK OptoElectronics Co stock overvalued right now?
Based on GuruFocus' analysis, Hefei I-TEK OptoElectronics Co (SHSE:688610) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥102.41, compared to a current price of ¥149.46 — trading 45.9% above its estimated fair value. The current Return-on-Tangible-Equity is 11.66%, which is 167% above median its 10-year median of 4.37 and 85.1% above the Hardware industry median of 6.30. Hefei I-TEK OptoElectronics Co's overall GF Score™ is 76/100 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 Hefei I-TEK OptoElectronics Co (SHSE:688610), the current Return-on-Tangible-Equity is 11.66% as of Jun. 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 I-TEK OptoElectronics Co (SHSE:688610) Overvalued in 2026?
Based on GuruFocus' analysis, Hefei I-TEK OptoElectronics Co stock appears to be overvalued.
The current stock price of ¥149.46 is trading 45.9% above its estimated GF Value™ of ¥102.41.
GuruFocus considers Hefei I-TEK OptoElectronics Co to be Significantly Overvalued.
Key valuation signals for SHSE:688610:
Return-on-Tangible-Equity: 11.66% (167% above median its 10-year median of 4.37)
GF Value™: ¥102.41 vs. price of ¥149.46 (45.9% above fair value)
Industry Position: 85.1% above the Hardware median (#1179 of 2376)
No single metric tells the full story. See the SHSE:688610 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hefei I-TEK OptoElectronics Co Ltd is a national high-tech enterprise specializing in research & development, production and sales of high-end industrial imaging components. Echo Optoelectronics has always focused on technological innovation and adhered to the positioning of high-end products. It is a high-end domestic brand pioneer enterprise with independent innovation in the field of machine vision.
76GF Score
Get the complete analysis for SHSE:688610
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