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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. Shandong Cvicse Middleware Co's annualized net income for the quarter that ended in Mar. 2026 was ¥-41.3 Mil. Shandong Cvicse Middleware Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥745.0 Mil. Therefore, Shandong Cvicse Middleware Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -5.55%.
The historical rank and industry rank for Shandong Cvicse Middleware Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:688695'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.74 Med: 15.76 Max: 52.59
Current: -4.74
During the past 13 years, Shandong Cvicse Middleware Co's highest Return-on-Tangible-Equity was 52.59%. The lowest was -4.74%. And the median was 15.76%.
SHSE:688695's Return-on-Tangible-Equity is ranked worse than 72.36% of 2482
companies
in the Software industry
Industry Median: 9.155
vs SHSE:688695: -4.74
Shandong Cvicse Middleware Co (SHSE:688695) 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.
Shandong Cvicse Middleware Co Return-on-Tangible-Equity Related Terms
Shandong Cvicse Middleware 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.
Shandong Cvicse Middleware Co Return-on-Tangible-Equity Chart
SHSE:688695 vs QH, SHOP, UBER: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Shandong Cvicse Middleware 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.
Shandong Cvicse Middleware Co Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Shandong Cvicse Middleware Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shandong Cvicse Middleware 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 -5.55% mean?
Shandong Cvicse Middleware Co (SHSE:688695) has a Return-on-Tangible-Equity of -5.55% 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 Shandong Cvicse Middleware Co and its competitors. According to the industry distribution chart, Shandong Cvicse Middleware Co ranks #1796 out of 2482 companies in the Software industry, placing it in the top 72.4%.
Is Shandong Cvicse Middleware Co's Return-on-Tangible-Equity too high?
Shandong Cvicse Middleware Co's current Return-on-Tangible-Equity is -5.55%. Based on the distribution chart, Shandong Cvicse Middleware Co ranks #1796 out of 2482 companies in the Software industry, which is below the industry midpoint. Overall, Shandong Cvicse Middleware Co has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Shandong Cvicse Middleware Co's Return-on-Tangible-Equity compare to QH and SHOP?
According to the Software industry distribution chart, Shandong Cvicse Middleware Co ranks #1796 out of 2482 companies for Return-on-Tangible-Equity. This places Shandong Cvicse Middleware Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.16. 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 9.16, based on 2,482 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 Shandong Cvicse Middleware Co and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 9.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Cvicse Middleware Co's current Return-on-Tangible-Equity is -5.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Cvicse Middleware Co stock overvalued right now?
Shandong Cvicse Middleware Co (SHSE:688695) has a current Return-on-Tangible-Equity of -5.55%. The current Return-on-Tangible-Equity is -5.55%. Shandong Cvicse Middleware Co's overall GF Score™ is 40/100 with 6 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 Shandong Cvicse Middleware Co (SHSE:688695), the current Return-on-Tangible-Equity is -5.55% 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.
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