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ShanDong Inov Polyurethane CoBJSE:920261 72 Return-on-Tangible-Asset is 10.05% as of Jun. 2026, which is 25% above its 10-year median of 8.05. GuruFocus rates BJSE:920261 with a GF Score™ of 72/100 and a GF Value™ of ¥14.88 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,622 Chemicals companies, ShanDong Inov Polyurethane Co ranks better than 75.09% on this metric.
The historical rank and industry rank for ShanDong Inov Polyurethane Co's Return-on-Tangible-Asset or its related term are showing as below:
BJSE:920261'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.19 Med: 8.05 Max: 11.28
Current: 7.73
During the past 13 years, ShanDong Inov Polyurethane Co's highest Return-on-Tangible-Asset was 11.28%. The lowest was 6.19%. And the median was 8.05%.
BJSE:920261's Return-on-Tangible-Asset is ranked better than 75.09% of 1622
companies
in the Chemicals industry
Industry Median: 3.62
vs BJSE:920261: 7.73
ShanDong Inov Polyurethane Co (BJSE:920261) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
ShanDong Inov Polyurethane Co Return-on-Tangible-Asset Related Terms
ShanDong Inov Polyurethane Co Return-on-Tangible-Asset 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.
ShanDong Inov Polyurethane Co Return-on-Tangible-Asset Chart
BJSE:920261 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, ShanDong Inov Polyurethane Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
ShanDong Inov Polyurethane Co Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, ShanDong Inov Polyurethane Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where ShanDong Inov Polyurethane Co's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets 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.
What does a Return-on-Tangible-Asset of 10.05% mean?
ShanDong Inov Polyurethane Co (BJSE:920261) has a Return-on-Tangible-Asset of 10.05% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on ShanDong Inov Polyurethane Co and its competitors. This is 25% above median its historical median of 8.05. Over the past decade, ShanDong Inov Polyurethane Co's Return-on-Tangible-Asset has ranged from 6.19 to 11.28. According to the industry distribution chart, ShanDong Inov Polyurethane Co ranks #404 out of 1622 companies in the Chemicals industry, placing it in the top 24.9%.
Is ShanDong Inov Polyurethane Co's Return-on-Tangible-Asset too high?
ShanDong Inov Polyurethane Co's current Return-on-Tangible-Asset of 10.05% is 25% above median its 10-year median of 8.05. Over the past 10 years, this metric has ranged from a low of 6.19 to a high of 11.28. The Chemicals industry median Return-on-Tangible-Asset is 3.62. ShanDong Inov Polyurethane Co's value of 10.05% is 177.6% above this industry median. Based on the distribution chart, ShanDong Inov Polyurethane Co ranks #404 out of 1622 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, ShanDong Inov Polyurethane Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ShanDong Inov Polyurethane Co's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, ShanDong Inov Polyurethane Co ranks #404 out of 1622 companies for Return-on-Tangible-Asset. This places ShanDong Inov Polyurethane Co in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.62. ShanDong Inov Polyurethane Co's value of 10.05% is 177.6% above this benchmark. Historically, ShanDong Inov Polyurethane Co's own Return-on-Tangible-Asset has ranged from 6.19 to 11.28 over the past decade. While the company's 10-year median is 8.05 vs. the industry median of 3.62, ShanDong Inov Polyurethane 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-Asset for a Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.62, based on 1,622 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ShanDong Inov Polyurethane Co's current Return-on-Tangible-Asset of 10.05% is 177.6% 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on ShanDong Inov Polyurethane Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ShanDong Inov Polyurethane Co's current Return-on-Tangible-Asset is 10.05%, which is 25% above median its own 10-year median of 8.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ShanDong Inov Polyurethane Co stock overvalued right now?
Based on GuruFocus' analysis, ShanDong Inov Polyurethane Co (BJSE:920261) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.88, compared to a current price of ¥13.95 — trading 6.3% below its estimated fair value. The current Return-on-Tangible-Asset is 10.05%, which is 25% above median its 10-year median of 8.05 and 177.6% above the Chemicals industry median of 3.62. ShanDong Inov Polyurethane Co's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For ShanDong Inov Polyurethane Co (BJSE:920261), the current Return-on-Tangible-Asset is 10.05% 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 ShanDong Inov Polyurethane Co (BJSE:920261) Overvalued in 2026?
Based on GuruFocus' analysis, ShanDong Inov Polyurethane Co stock appears to be undervalued.
The current stock price of ¥13.95 is trading 6.3% below its estimated GF Value™ of ¥14.88.
GuruFocus considers ShanDong Inov Polyurethane Co to be Fairly Valued.
Key valuation signals for BJSE:920261:
Return-on-Tangible-Asset: 10.05% (25% above median its 10-year median of 8.05)
GF Value™: ¥14.88 vs. price of ¥13.95 (6.3% below fair value)
Industry Position: 177.6% above the Chemicals median (#404 of 1622)
No single metric tells the full story. See the BJSE:920261 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ShanDong Inov Polyurethane Co Ltd engages in research and development, production, and sales of polyurethane raw materials and other downstream derivatives of EO and PO, and undertakes the construction of sports venues such as plastic tracks. Its product portfolio consists of Casting Polyurethane Prepolymer, Thermoplastic Polyurethane granules, PU flooring material, HR Foam system materials, Polyurethane foam system for footwear, Polyol, and Modified MDI.
72GF Score
Get the complete analysis for BJSE:920261
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