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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. Shenzhen Tonge Group Co's annualized net income for the quarter that ended in Jun. 2026 was ¥-1,230 Mil. Shenzhen Tonge Group Co's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ¥13,147 Mil. Therefore, Shenzhen Tonge Group Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was -9.35%.
The historical rank and industry rank for Shenzhen Tonge Group Co's Return-on-Tangible-Equity or its related term are showing as below:
SZSE:000090'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.15 Med: 11.22 Max: 17.63
Current: -1.15
During the past 13 years, Shenzhen Tonge Group Co's highest Return-on-Tangible-Equity was 17.63%. The lowest was -1.15%. And the median was 11.22%.
SZSE:000090's Return-on-Tangible-Equity is ranked worse than 78.36% of 1719
companies
in the Construction industry
Industry Median: 8.27
vs SZSE:000090: -1.15
Shenzhen Tonge Group Co (SZSE:000090) 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.
Shenzhen Tonge Group Co Return-on-Tangible-Equity Related Terms
Shenzhen Tonge Group Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Shenzhen Tonge Group 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.
Shenzhen Tonge Group Co Return-on-Tangible-Equity Chart
SZSE:000090 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Shenzhen Tonge Group 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.
Shenzhen Tonge Group Co Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Shenzhen Tonge Group Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shenzhen Tonge Group 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -12.11% mean?
Shenzhen Tonge Group Co (SZSE:000090) has a Return-on-Tangible-Equity of -12.11% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Shenzhen Tonge Group Co and its competitors. According to the industry distribution chart, Shenzhen Tonge Group Co ranks #1347 out of 1719 companies in the Construction industry, placing it in the top 78.4%.
Is Shenzhen Tonge Group Co's Return-on-Tangible-Equity too high?
Shenzhen Tonge Group Co's current Return-on-Tangible-Equity is -12.11%. Based on the distribution chart, Shenzhen Tonge Group Co ranks #1347 out of 1719 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Shenzhen Tonge Group Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Tonge Group Co's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Shenzhen Tonge Group Co ranks #1347 out of 1719 companies for Return-on-Tangible-Equity. This places Shenzhen Tonge Group Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.27. 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.27, based on 1,719 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 Shenzhen Tonge Group Co and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Tonge Group Co's current Return-on-Tangible-Equity is -12.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Tonge Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Tonge Group Co (SZSE:000090) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.85, compared to a current price of ¥3.42 — trading 29.5% below its estimated fair value. The current Return-on-Tangible-Equity is -12.11%. Shenzhen Tonge Group Co's overall GF Score™ is 58/100 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 Shenzhen Tonge Group Co (SZSE:000090), the current Return-on-Tangible-Equity is -12.11% as of Jun. 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 Shenzhen Tonge Group Co (SZSE:000090) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Tonge Group Co stock appears to be undervalued.
The current stock price of ¥3.42 is trading 29.5% below its estimated GF Value™ of ¥4.85.
GuruFocus considers Shenzhen Tonge Group Co to be Modestly Undervalued.
Key valuation signals for SZSE:000090:
Return-on-Tangible-Equity: -12.11%
GF Value™: ¥4.85 vs. price of ¥3.42 (29.5% below fair value)
No single metric tells the full story. See the SZSE:000090 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Tonge Group Co Ltd is an engineering and construction industry. The company is engaged in urban construction, comprehensive development, and urban services.
58GF Score
Get the complete analysis for SZSE:000090
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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