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Ningbo Jansen Superconducting Technologies CoSHSE:688805 -4.02%14 Return-on-Tangible-Equity is 7.69% as of Mar. 2026, which is 35% below its 10-year median of 11.92. GuruFocus rates SHSE:688805 with a GF Score™ of 14/100. The stock has 2 warning signs investors should review. Among 758 Medical Devices & Instruments companies, Ningbo Jansen Superconducting Technologies Co ranks better than 66.49% on this metric.
SHSE:688805's Return-on-Tangible-Equity is ranked better than 66.49% of 758
companies
in the Medical Devices & Instruments industry
Industry Median: 4.055
vs SHSE:688805: 9.92
Ningbo Jansen Superconducting Technologies Co (SHSE:688805) 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.
Ningbo Jansen Superconducting Technologies Co Return-on-Tangible-Equity Related Terms
Ningbo Jansen Superconducting Technologies 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.
Ningbo Jansen Superconducting Technologies Co Return-on-Tangible-Equity Chart
Ningbo Jansen Superconducting Technologies Co Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Return-on-Tangible-Equity
10.67
13.38
13.17
9.18
Ningbo Jansen Superconducting Technologies Co Quarterly Data
SHSE:688805 vs ABT, SYK, MDT: Return-on-Tangible-Equity Comparison
For the Medical Devices subindustry, Ningbo Jansen Superconducting Technologies 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.
Ningbo Jansen Superconducting Technologies Co Return-on-Tangible-Equity vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Ningbo Jansen Superconducting Technologies Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ningbo Jansen Superconducting Technologies 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 7.69% mean?
Ningbo Jansen Superconducting Technologies Co (SHSE:688805) has a Return-on-Tangible-Equity of 7.69% 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 Ningbo Jansen Superconducting Technologies Co and its competitors. This is 35% below median its historical median of 11.92. Over the past decade, Ningbo Jansen Superconducting Technologies Co's Return-on-Tangible-Equity has ranged from 9.18 to 13.38. According to the industry distribution chart, Ningbo Jansen Superconducting Technologies Co ranks #254 out of 758 companies in the Medical Devices & Instruments industry, placing it in the top 33.5%.
Is Ningbo Jansen Superconducting Technologies Co's Return-on-Tangible-Equity too high?
Ningbo Jansen Superconducting Technologies Co's current Return-on-Tangible-Equity of 7.69% is 35% below median its 10-year median of 11.92. Over the past 10 years, this metric has ranged from a low of 9.18 to a high of 13.38. The Medical Devices & Instruments industry median Return-on-Tangible-Equity is 4.06. Ningbo Jansen Superconducting Technologies Co's value of 7.69% is 89.6% above this industry median. Based on the distribution chart, Ningbo Jansen Superconducting Technologies Co ranks #254 out of 758 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Ningbo Jansen Superconducting Technologies Co has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Ningbo Jansen Superconducting Technologies Co's Return-on-Tangible-Equity compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Ningbo Jansen Superconducting Technologies Co ranks #254 out of 758 companies for Return-on-Tangible-Equity. This puts Ningbo Jansen Superconducting Technologies Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.06. Ningbo Jansen Superconducting Technologies Co's value of 7.69% is 89.6% above this benchmark. Historically, Ningbo Jansen Superconducting Technologies Co's own Return-on-Tangible-Equity has ranged from 9.18 to 13.38 over the past decade. While the company's 10-year median is 11.92 vs. the industry median of 4.06, Ningbo Jansen Superconducting Technologies 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 Medical Devices & Instruments company?
The median Return-on-Tangible-Equity among Medical Devices & Instruments companies is 4.06, based on 758 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. Ningbo Jansen Superconducting Technologies Co's current Return-on-Tangible-Equity of 7.69% is 89.6% 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 Ningbo Jansen Superconducting Technologies Co and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Equity is 4.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Jansen Superconducting Technologies Co's current Return-on-Tangible-Equity is 7.69%, which is 35% below median its own 10-year median of 11.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Jansen Superconducting Technologies Co stock overvalued right now?
Ningbo Jansen Superconducting Technologies Co (SHSE:688805) has a current Return-on-Tangible-Equity of 7.69%. The current Return-on-Tangible-Equity is 7.69%, which is 35% below median its 10-year median of 11.92 and 89.6% above the Medical Devices & Instruments industry median of 4.06. Ningbo Jansen Superconducting Technologies Co's overall GF Score™ is 14/100 with 2 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 Ningbo Jansen Superconducting Technologies Co (SHSE:688805), the current Return-on-Tangible-Equity is 7.69% 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.
Ningbo Jansen Superconducting Technologies Co Business Description
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