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SHSE:688802'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -133.17 Med: -92.11 Max: -6.02
Current: -6.02
During the past 4 years, MetaX Integrated Circuits (Shanghai) Co's highest Return-on-Tangible-Equity was -6.02%. The lowest was -133.17%. And the median was -92.11%.
SHSE:688802's Return-on-Tangible-Equity is ranked worse than 78.36% of 2385
companies
in the Hardware industry
Industry Median: 5.32
vs SHSE:688802: -6.02
MetaX Integrated Circuits (Shanghai) Co (SHSE:688802) 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.
MetaX Integrated Circuits (Shanghai) Co Return-on-Tangible-Equity Related Terms
MetaX Integrated Circuits (Shanghai) 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.
MetaX Integrated Circuits (Shanghai) Co Return-on-Tangible-Equity Chart
MetaX Integrated Circuits (Shanghai) Co Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Return-on-Tangible-Equity
-94.29
-89.93
-133.17
-11.26
MetaX Integrated Circuits (Shanghai) Co Quarterly Data
SHSE:688802 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, MetaX Integrated Circuits (Shanghai) 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.
MetaX Integrated Circuits (Shanghai) Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, MetaX Integrated Circuits (Shanghai) Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where MetaX Integrated Circuits (Shanghai) 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 -3.04% mean?
MetaX Integrated Circuits (Shanghai) Co (SHSE:688802) has a Return-on-Tangible-Equity of -3.04% 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 MetaX Integrated Circuits (Shanghai) Co and its competitors. According to the industry distribution chart, MetaX Integrated Circuits (Shanghai) Co ranks #1869 out of 2385 companies in the Hardware industry, placing it in the top 78.4%.
Is MetaX Integrated Circuits (Shanghai) Co's Return-on-Tangible-Equity too high?
MetaX Integrated Circuits (Shanghai) Co's current Return-on-Tangible-Equity is -3.04%. Based on the distribution chart, MetaX Integrated Circuits (Shanghai) Co ranks #1869 out of 2385 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, MetaX Integrated Circuits (Shanghai) Co has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does MetaX Integrated Circuits (Shanghai) Co's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, MetaX Integrated Circuits (Shanghai) Co ranks #1869 out of 2385 companies for Return-on-Tangible-Equity. This places MetaX Integrated Circuits (Shanghai) Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.32. 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 5.32, based on 2,385 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 MetaX Integrated Circuits (Shanghai) Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MetaX Integrated Circuits (Shanghai) Co's current Return-on-Tangible-Equity is -3.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MetaX Integrated Circuits (Shanghai) Co stock overvalued right now?
MetaX Integrated Circuits (Shanghai) Co (SHSE:688802) has a current Return-on-Tangible-Equity of -3.04%. The current Return-on-Tangible-Equity is -3.04%. MetaX Integrated Circuits (Shanghai) Co's overall GF Score™ is 7/100 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 MetaX Integrated Circuits (Shanghai) Co (SHSE:688802), the current Return-on-Tangible-Equity is -3.04% 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.
MetaX Integrated Circuits (Shanghai) Co Business Description
MetaX Integrated Circuits (Shanghai) Co Ltd is engaged in the research, design, and sale of high-performance GPU chips and computing platforms. Its business activities include technical services, technology development, consulting, and technology transfer in the areas of integrated circuit, electronic, communication, computer software and hardware, and network technologies. The company also provides integrated circuit design, software development, and sells electronic products.
7GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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