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Shenzhen Tongye Technology CoSZSE:300960 -1.72%67 Return-on-Tangible-Equity is 14.16% as of Jun. 2026, which is 60% above its 10-year median of 8.83. GuruFocus rates SZSE:300960 with a GF Score™ of 67/100 and a GF Value™ of ¥22.60 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,979 Industrial Products companies, Shenzhen Tongye Technology Co ranks better than 51.06% on this metric.
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 Tongye Technology Co's annualized net income for the quarter that ended in Jun. 2026 was ¥89.9 Mil. Shenzhen Tongye Technology Co's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ¥634.7 Mil. Therefore, Shenzhen Tongye Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 14.16%.
The historical rank and industry rank for Shenzhen Tongye Technology Co's Return-on-Tangible-Equity or its related term are showing as below:
SZSE:300960'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.92 Med: 8.83 Max: 28.28
Current: 7.21
During the past 13 years, Shenzhen Tongye Technology Co's highest Return-on-Tangible-Equity was 28.28%. The lowest was 2.92%. And the median was 8.83%.
SZSE:300960's Return-on-Tangible-Equity is ranked better than 51.06% of 2979
companies
in the Industrial Products industry
Industry Median: 7.01
vs SZSE:300960: 7.21
Shenzhen Tongye Technology Co (SZSE:300960) 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 Tongye Technology Co Return-on-Tangible-Equity Related Terms
Shenzhen Tongye Technology 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.
Shenzhen Tongye Technology Co Return-on-Tangible-Equity Chart
SZSE:300960 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Shenzhen Tongye Technology 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 Tongye Technology Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shenzhen Tongye Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shenzhen Tongye Technology 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 14.16% mean?
Shenzhen Tongye Technology Co (SZSE:300960) has a Return-on-Tangible-Equity of 14.16% 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 Tongye Technology Co and its competitors. This is 60% above median its historical median of 8.83. Over the past decade, Shenzhen Tongye Technology Co's Return-on-Tangible-Equity has ranged from 2.92 to 28.28. According to the industry distribution chart, Shenzhen Tongye Technology Co ranks #1458 out of 2979 companies in the Industrial Products industry, placing it in the top 48.9%.
Is Shenzhen Tongye Technology Co's Return-on-Tangible-Equity too high?
Shenzhen Tongye Technology Co's current Return-on-Tangible-Equity of 14.16% is 60% above median its 10-year median of 8.83. Over the past 10 years, this metric has ranged from a low of 2.92 to a high of 28.28. The Industrial Products industry median Return-on-Tangible-Equity is 7.01. Shenzhen Tongye Technology Co's value of 14.16% is 102% above this industry median. Based on the distribution chart, Shenzhen Tongye Technology Co ranks #1458 out of 2979 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shenzhen Tongye Technology Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Tongye Technology Co's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shenzhen Tongye Technology Co ranks #1458 out of 2979 companies for Return-on-Tangible-Equity. This puts Shenzhen Tongye Technology Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.01. Shenzhen Tongye Technology Co's value of 14.16% is 102% above this benchmark. Historically, Shenzhen Tongye Technology Co's own Return-on-Tangible-Equity has ranged from 2.92 to 28.28 over the past decade. While the company's 10-year median is 8.83 vs. the industry median of 7.01, Shenzhen Tongye Technology 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 7.01, based on 2,979 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. Shenzhen Tongye Technology Co's current Return-on-Tangible-Equity of 14.16% is 102% 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 Shenzhen Tongye Technology Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 7.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Tongye Technology Co's current Return-on-Tangible-Equity is 14.16%, which is 60% above median its own 10-year median of 8.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Tongye Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Tongye Technology Co (SZSE:300960) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥22.60, compared to a current price of ¥16.53 — trading 26.9% below its estimated fair value. The current Return-on-Tangible-Equity is 14.16%, which is 60% above median its 10-year median of 8.83 and 102% above the Industrial Products industry median of 7.01. Shenzhen Tongye Technology Co's overall GF Score™ is 67/100 with 7 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 Tongye Technology Co (SZSE:300960), the current Return-on-Tangible-Equity is 14.16% 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 Tongye Technology Co (SZSE:300960) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Tongye Technology Co stock appears to be undervalued.
The current stock price of ¥16.53 is trading 26.9% below its estimated GF Value™ of ¥22.60.
GuruFocus considers Shenzhen Tongye Technology Co to be Modestly Undervalued.
Key valuation signals for SZSE:300960:
Return-on-Tangible-Equity: 14.16% (60% above median its 10-year median of 8.83)
GF Value™: ¥22.60 vs. price of ¥16.53 (26.9% below fair value)
Industry Position: 102% above the Industrial Products median (#1458 of 2979)
No single metric tells the full story. See the SZSE:300960 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Tongye Technology Co Ltd is engaged in the development and production of rail transit train power supply products, network control products, energy management systems, motors and fans. The products are widely used in high-speed rail, urban rail vehicles, locomotives, and new energy products at home and abroad.
67GF Score
Get the complete analysis for SZSE:300960
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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