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Beijing Tongyizhong New Material TechnologySHSE:688722 +1.74%80 Return-on-Tangible-Equity is 11.81% as of Mar. 2026, which is 9% above its 10-year median of 10.80. GuruFocus rates SHSE:688722 with a GF Score™ of 80/100 and a GF Value™ of ¥23.75 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,015 Manufacturing - Apparel & Accessories companies, Beijing Tongyizhong New Material Technology ranks better than 66.21% on this metric.
SHSE:688722's Return-on-Tangible-Equity is ranked better than 66.21% of 1015
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs SHSE:688722: 8.53
Beijing Tongyizhong New Material Technology (SHSE:688722) 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.
Beijing Tongyizhong New Material Technology Return-on-Tangible-Equity Related Terms
Beijing Tongyizhong New Material Technology 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.
Beijing Tongyizhong New Material Technology Return-on-Tangible-Equity Chart
Beijing Tongyizhong New Material Technology Annual Data
Beijing Tongyizhong New Material Technology Return-on-Tangible-Equity Competitor Comparison
For the Textile Manufacturing subindustry, Beijing Tongyizhong New Material Technology'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.
Beijing Tongyizhong New Material Technology Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Beijing Tongyizhong New Material Technology's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Beijing Tongyizhong New Material Technology'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 11.81% mean?
Beijing Tongyizhong New Material Technology (SHSE:688722) has a Return-on-Tangible-Equity of 11.81% 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 Beijing Tongyizhong New Material Technology and its competitors. This is near median its historical median of 10.80. Over the past decade, Beijing Tongyizhong New Material Technology's Return-on-Tangible-Equity has ranged from 6.43 to 23.75. According to the industry distribution chart, Beijing Tongyizhong New Material Technology ranks #343 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 33.8%.
Is Beijing Tongyizhong New Material Technology's Return-on-Tangible-Equity too high?
Beijing Tongyizhong New Material Technology's current Return-on-Tangible-Equity of 11.81% is near median its 10-year median of 10.80. Over the past 10 years, this metric has ranged from a low of 6.43 to a high of 23.75. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Beijing Tongyizhong New Material Technology's value of 11.81% is 166.6% above this industry median. Based on the distribution chart, Beijing Tongyizhong New Material Technology ranks #343 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Beijing Tongyizhong New Material Technology has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Tongyizhong New Material Technology's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Beijing Tongyizhong New Material Technology ranks #343 out of 1015 companies for Return-on-Tangible-Equity. This puts Beijing Tongyizhong New Material Technology in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.43. Beijing Tongyizhong New Material Technology's value of 11.81% is 166.6% above this benchmark. Historically, Beijing Tongyizhong New Material Technology's own Return-on-Tangible-Equity has ranged from 6.43 to 23.75 over the past decade. While the company's 10-year median is 10.80 vs. the industry median of 4.43, Beijing Tongyizhong New Material Technology 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,015 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. Beijing Tongyizhong New Material Technology's current Return-on-Tangible-Equity of 11.81% is 166.6% 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 Beijing Tongyizhong New Material Technology and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Tongyizhong New Material Technology's current Return-on-Tangible-Equity is 11.81%, which is near median its own 10-year median of 10.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Tongyizhong New Material Technology stock overvalued right now?
Based on GuruFocus' analysis, Beijing Tongyizhong New Material Technology (SHSE:688722) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥23.75, compared to a current price of ¥13.47 — trading 43.3% below its estimated fair value. The current Return-on-Tangible-Equity is 11.81%, which is near median its 10-year median of 10.80 and 166.6% above the Manufacturing - Apparel & Accessories industry median of 4.43. Beijing Tongyizhong New Material Technology's overall GF Score™ is 80/100 with 5 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 Beijing Tongyizhong New Material Technology (SHSE:688722), the current Return-on-Tangible-Equity is 11.81% 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 Beijing Tongyizhong New Material Technology (SHSE:688722) Overvalued in 2026?
Based on GuruFocus' analysis, Beijing Tongyizhong New Material Technology stock appears to be undervalued.
The current stock price of ¥13.47 is trading 43.3% below its estimated GF Value™ of ¥23.75.
GuruFocus considers Beijing Tongyizhong New Material Technology to be Significantly Undervalued.
Key valuation signals for SHSE:688722:
Return-on-Tangible-Equity: 11.81% (near median its 10-year median of 10.80)
GF Value™: ¥23.75 vs. price of ¥13.47 (43.3% below fair value)
Industry Position: 166.6% above the Manufacturing - Apparel & Accessories median (#343 of 1015)
No single metric tells the full story. See the SHSE:688722 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beijing Tongyizhong New Material Technology Business Description
Beijing Tongyizhong New Material Technology Corp is engaged in the research and development, production and sales of ultra-high molecular weight polyethylene fibers and their composite materials.
80GF Score
Get the complete analysis for SHSE:688722
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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