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XTC New Energy Materials (Xiamen) CoSHSE:688778 -2.83%84 Return-on-Tangible-Equity is 9.96% as of Mar. 2026, which is 38% below its 10-year median of 16.09. GuruFocus rates SHSE:688778 with a GF Score™ of 84/100 and a GF Value™ of ¥63.29 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,972 Industrial Products companies, XTC New Energy Materials (Xiamen) Co ranks better than 62.79% on this metric.
The historical rank and industry rank for XTC New Energy Materials (Xiamen) Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:688778'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.37 Med: 16.09 Max: 31.55
Current: 9.84
During the past 9 years, XTC New Energy Materials (Xiamen) Co's highest Return-on-Tangible-Equity was 31.55%. The lowest was 6.37%. And the median was 16.09%.
SHSE:688778's Return-on-Tangible-Equity is ranked better than 62.79% of 2972
companies
in the Industrial Products industry
Industry Median: 6.775
vs SHSE:688778: 9.84
XTC New Energy Materials (Xiamen) Co (SHSE:688778) 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.
XTC New Energy Materials (Xiamen) Co Return-on-Tangible-Equity Related Terms
XTC New Energy Materials (Xiamen) 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.
XTC New Energy Materials (Xiamen) Co Return-on-Tangible-Equity Chart
SHSE:688778 vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, XTC New Energy Materials (Xiamen) 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.
XTC New Energy Materials (Xiamen) Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, XTC New Energy Materials (Xiamen) Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where XTC New Energy Materials (Xiamen) 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 9.96% mean?
XTC New Energy Materials (Xiamen) Co (SHSE:688778) has a Return-on-Tangible-Equity of 9.96% 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 XTC New Energy Materials (Xiamen) Co and its competitors. This is 38% below median its historical median of 16.09. Over the past decade, XTC New Energy Materials (Xiamen) Co's Return-on-Tangible-Equity has ranged from 6.37 to 31.55. According to the industry distribution chart, XTC New Energy Materials (Xiamen) Co ranks #1106 out of 2972 companies in the Industrial Products industry, placing it in the top 37.2%.
Is XTC New Energy Materials (Xiamen) Co's Return-on-Tangible-Equity too high?
XTC New Energy Materials (Xiamen) Co's current Return-on-Tangible-Equity of 9.96% is 38% below median its 10-year median of 16.09. Over the past 10 years, this metric has ranged from a low of 6.37 to a high of 31.55. The Industrial Products industry median Return-on-Tangible-Equity is 6.78. XTC New Energy Materials (Xiamen) Co's value of 9.96% is 47% above this industry median. Based on the distribution chart, XTC New Energy Materials (Xiamen) Co ranks #1106 out of 2972 companies in the Industrial Products industry, which is above the industry midpoint. Overall, XTC New Energy Materials (Xiamen) Co has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does XTC New Energy Materials (Xiamen) Co's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, XTC New Energy Materials (Xiamen) Co ranks #1106 out of 2972 companies for Return-on-Tangible-Equity. This puts XTC New Energy Materials (Xiamen) Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.78. XTC New Energy Materials (Xiamen) Co's value of 9.96% is 47% above this benchmark. Historically, XTC New Energy Materials (Xiamen) Co's own Return-on-Tangible-Equity has ranged from 6.37 to 31.55 over the past decade. While the company's 10-year median is 16.09 vs. the industry median of 6.78, XTC New Energy Materials (Xiamen) 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.78, based on 2,972 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. XTC New Energy Materials (Xiamen) Co's current Return-on-Tangible-Equity of 9.96% is 47% 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 XTC New Energy Materials (Xiamen) Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XTC New Energy Materials (Xiamen) Co's current Return-on-Tangible-Equity is 9.96%, which is 38% below median its own 10-year median of 16.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XTC New Energy Materials (Xiamen) Co stock overvalued right now?
Based on GuruFocus' analysis, XTC New Energy Materials (Xiamen) Co (SHSE:688778) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥63.29, compared to a current price of ¥44.22 — trading 30.1% below its estimated fair value. The current Return-on-Tangible-Equity is 9.96%, which is 38% below median its 10-year median of 16.09 and 47% above the Industrial Products industry median of 6.78. XTC New Energy Materials (Xiamen) Co's overall GF Score™ is 84/100 with 4 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 XTC New Energy Materials (Xiamen) Co (SHSE:688778), the current Return-on-Tangible-Equity is 9.96% 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 XTC New Energy Materials (Xiamen) Co (SHSE:688778) Overvalued in 2026?
Based on GuruFocus' analysis, XTC New Energy Materials (Xiamen) Co stock appears to be undervalued.
The current stock price of ¥44.22 is trading 30.1% below its estimated GF Value™ of ¥63.29.
GuruFocus considers XTC New Energy Materials (Xiamen) Co to be Significantly Undervalued.
Key valuation signals for SHSE:688778:
Return-on-Tangible-Equity: 9.96% (38% below median its 10-year median of 16.09)
GF Value™: ¥63.29 vs. price of ¥44.22 (30.1% below fair value)
Industry Position: 47% above the Industrial Products median (#1106 of 2972)
No single metric tells the full story. See the SHSE:688778 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
XTC New Energy Materials (Xiamen) Co Business Description
XTC New Energy Materials (Xiamen) Co Ltd is engaged in the research and development, production and sales of cathode materials for lithium-ion batteries.
84GF Score
Get the complete analysis for SHSE:688778
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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