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Uni-Trend Technology (China) CoSHSE:688628 -3.41%77 Return-on-Tangible-Equity is 20.77% as of Jun. 2026, which is 26% above its 10-year median of 16.48. GuruFocus rates SHSE:688628 with a GF Score™ of 77/100 and a GF Value™ of ¥48.70 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,379 Hardware companies, Uni-Trend Technology (China) Co ranks better than 75.79% on this metric.
The historical rank and industry rank for Uni-Trend Technology (China) Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:688628'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.06 Med: 16.48 Max: 46.16
Current: 15.47
During the past 9 years, Uni-Trend Technology (China) Co's highest Return-on-Tangible-Equity was 46.16%. The lowest was 12.06%. And the median was 16.48%.
SHSE:688628's Return-on-Tangible-Equity is ranked better than 75.79% of 2379
companies
in the Hardware industry
Industry Median: 6.26
vs SHSE:688628: 15.47
Uni-Trend Technology (China) Co (SHSE:688628) 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.
Uni-Trend Technology (China) Co Return-on-Tangible-Equity Related Terms
Uni-Trend Technology (China) 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.
Uni-Trend Technology (China) Co Return-on-Tangible-Equity Chart
SHSE:688628 vs COHR, KEYS, GRMN: Return-on-Tangible-Equity Comparison
For the Scientific & Technical Instruments subindustry, Uni-Trend Technology (China) 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.
Uni-Trend Technology (China) Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Uni-Trend Technology (China) Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Uni-Trend Technology (China) 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 20.77% mean?
Uni-Trend Technology (China) Co (SHSE:688628) has a Return-on-Tangible-Equity of 20.77% 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 Uni-Trend Technology (China) Co and its competitors. This is 26% above median its historical median of 16.48. Over the past decade, Uni-Trend Technology (China) Co's Return-on-Tangible-Equity has ranged from 12.06 to 46.16. According to the industry distribution chart, Uni-Trend Technology (China) Co ranks #576 out of 2379 companies in the Hardware industry, placing it in the top 24.2%.
Is Uni-Trend Technology (China) Co's Return-on-Tangible-Equity too high?
Uni-Trend Technology (China) Co's current Return-on-Tangible-Equity of 20.77% is 26% above median its 10-year median of 16.48. Over the past 10 years, this metric has ranged from a low of 12.06 to a high of 46.16. The Hardware industry median Return-on-Tangible-Equity is 6.26. Uni-Trend Technology (China) Co's value of 20.77% is 231.8% above this industry median. Based on the distribution chart, Uni-Trend Technology (China) Co ranks #576 out of 2379 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Uni-Trend Technology (China) Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Uni-Trend Technology (China) Co's Return-on-Tangible-Equity compare to COHR and KEYS?
According to the Hardware industry distribution chart, Uni-Trend Technology (China) Co ranks #576 out of 2379 companies for Return-on-Tangible-Equity. This places Uni-Trend Technology (China) Co in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.26. Uni-Trend Technology (China) Co's value of 20.77% is 231.8% above this benchmark. Historically, Uni-Trend Technology (China) Co's own Return-on-Tangible-Equity has ranged from 12.06 to 46.16 over the past decade. While the company's 10-year median is 16.48 vs. the industry median of 6.26, Uni-Trend Technology (China) 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 6.26, based on 2,379 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. Uni-Trend Technology (China) Co's current Return-on-Tangible-Equity of 20.77% is 231.8% 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 Uni-Trend Technology (China) Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 6.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Uni-Trend Technology (China) Co's current Return-on-Tangible-Equity is 20.77%, which is 26% above median its own 10-year median of 16.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Uni-Trend Technology (China) Co stock overvalued right now?
Based on GuruFocus' analysis, Uni-Trend Technology (China) Co (SHSE:688628) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥48.70, compared to a current price of ¥77.87 — trading 59.9% above its estimated fair value. The current Return-on-Tangible-Equity is 20.77%, which is 26% above median its 10-year median of 16.48 and 231.8% above the Hardware industry median of 6.26. Uni-Trend Technology (China) Co's overall GF Score™ is 77/100 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 Uni-Trend Technology (China) Co (SHSE:688628), the current Return-on-Tangible-Equity is 20.77% 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 Uni-Trend Technology (China) Co (SHSE:688628) Overvalued in 2026?
Based on GuruFocus' analysis, Uni-Trend Technology (China) Co stock appears to be overvalued.
The current stock price of ¥77.87 is trading 59.9% above its estimated GF Value™ of ¥48.70.
GuruFocus considers Uni-Trend Technology (China) Co to be Significantly Overvalued.
Key valuation signals for SHSE:688628:
Return-on-Tangible-Equity: 20.77% (26% above median its 10-year median of 16.48)
GF Value™: ¥48.70 vs. price of ¥77.87 (59.9% above fair value)
Industry Position: 231.8% above the Hardware median (#576 of 2379)
No single metric tells the full story. See the SHSE:688628 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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