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Xgimi Tech CoSHSE:688696 +2.82%66 Return-on-Tangible-Equity is 6.90% as of Mar. 2026, which is 39% above its 10-year median of 4.95. GuruFocus rates SHSE:688696 with a GF Score™ of 66/100 and a GF Value™ of ¥110.95 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 2,384 Hardware companies, Xgimi Tech Co ranks worse than 53.15% 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. Xgimi Tech Co's annualized net income for the quarter that ended in Mar. 2026 was ¥201 Mil. Xgimi Tech Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥2,913 Mil. Therefore, Xgimi Tech Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.90%.
The historical rank and industry rank for Xgimi Tech Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:688696'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.19 Med: 4.95 Max: 42.78
Current: 4.57
During the past 9 years, Xgimi Tech Co's highest Return-on-Tangible-Equity was 42.78%. The lowest was 2.19%. And the median was 4.95%.
SHSE:688696's Return-on-Tangible-Equity is ranked worse than 53.15% of 2384
companies
in the Hardware industry
Industry Median: 5.33
vs SHSE:688696: 4.57
Xgimi Tech Co (SHSE:688696) 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.
Xgimi Tech Co Return-on-Tangible-Equity Related Terms
Xgimi Tech Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Xgimi Tech Co's Return-on-Tangible-Equity can be seen below:
* 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.
SHSE:688696 vs AAPL: Return-on-Tangible-Equity Comparison
For the Consumer Electronics subindustry, Xgimi Tech 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.
Xgimi Tech Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Xgimi Tech Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Xgimi Tech 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 6.90% mean?
Xgimi Tech Co (SHSE:688696) has a Return-on-Tangible-Equity of 6.90% 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 Xgimi Tech Co and its competitors. This is 39% above median its historical median of 4.95. Over the past decade, Xgimi Tech Co's Return-on-Tangible-Equity has ranged from 2.19 to 42.78. According to the industry distribution chart, Xgimi Tech Co ranks #1267 out of 2384 companies in the Hardware industry, placing it in the top 53.1%.
Is Xgimi Tech Co's Return-on-Tangible-Equity too high?
Xgimi Tech Co's current Return-on-Tangible-Equity of 6.90% is 39% above median its 10-year median of 4.95. Over the past 10 years, this metric has ranged from a low of 2.19 to a high of 42.78. The Hardware industry median Return-on-Tangible-Equity is 5.33. Xgimi Tech Co's value of 6.90% is 29.5% above this industry median. Based on the distribution chart, Xgimi Tech Co ranks #1267 out of 2384 companies in the Hardware industry, which is below the industry midpoint. Overall, Xgimi Tech Co has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xgimi Tech Co's Return-on-Tangible-Equity compare to AAPL?
According to the Hardware industry distribution chart, Xgimi Tech Co ranks #1267 out of 2384 companies for Return-on-Tangible-Equity. This places Xgimi Tech Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.33. Xgimi Tech Co's value of 6.90% is 29.5% above this benchmark. Historically, Xgimi Tech Co's own Return-on-Tangible-Equity has ranged from 2.19 to 42.78 over the past decade. While the company's 10-year median is 4.95 vs. the industry median of 5.33, Xgimi Tech 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 5.33, based on 2,384 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. Xgimi Tech Co's current Return-on-Tangible-Equity of 6.90% is 29.5% 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 Xgimi Tech Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xgimi Tech Co's current Return-on-Tangible-Equity is 6.90%, which is 39% above median its own 10-year median of 4.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xgimi Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Xgimi Tech Co (SHSE:688696) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥110.95, compared to a current price of ¥63.54 — trading 42.7% below its estimated fair value. The current Return-on-Tangible-Equity is 6.90%, which is 39% above median its 10-year median of 4.95 and 29.5% above the Hardware industry median of 5.33. Xgimi Tech Co's overall GF Score™ is 66/100 with 8 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 Xgimi Tech Co (SHSE:688696), the current Return-on-Tangible-Equity is 6.90% 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 Xgimi Tech Co (SHSE:688696) Overvalued in 2026?
Based on GuruFocus' analysis, Xgimi Tech Co stock appears to be undervalued.
The current stock price of ¥63.54 is trading 42.7% below its estimated GF Value™ of ¥110.95.
GuruFocus considers Xgimi Tech Co to be Significantly Undervalued.
Key valuation signals for SHSE:688696:
Return-on-Tangible-Equity: 6.90% (39% above median its 10-year median of 4.95)
GF Value™: ¥110.95 vs. price of ¥63.54 (42.7% below fair value)
Industry Position: 29.5% above the Hardware median (#1267 of 2384)
No single metric tells the full story. See the SHSE:688696 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressNo. 1129, Century City Road, High-tech Zone, China (Sichuan) Pilot Free Trade Zone, Building 4, Area A, Tianfu Software Park, Chengdu, CHN, 610000
Xgimi Tech Co Ltd focuses on research and development, manufacturing, and sales of smart projection products. It offers consumers related accessories and internet value-added services centered around smart projection technology. Its business activities include software development, technical consulting, and technology transfer, enabling ongoing innovation and product enhancement. The company produces computer software, hardware, and peripheral equipment, alongside manufacturing smart home consumer electronics.
66GF Score
Get the complete analysis for SHSE:688696
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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