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Grinm Advanced Materials CoSHSE:600206 +10.00%48 Return-on-Tangible-Asset is 5.06% as of Jun. 2026, which is 50% above its 10-year median of 3.38. GuruFocus rates SHSE:600206 with a GF Score™ of 48/100 and a GF Value™ of ¥21.76 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,031 Semiconductors companies, Grinm Advanced Materials Co ranks better than 57.52% on this metric.
The historical rank and industry rank for Grinm Advanced Materials Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:600206'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.34 Med: 3.38 Max: 5.3
Current: 4.33
During the past 13 years, Grinm Advanced Materials Co's highest Return-on-Tangible-Asset was 5.30%. The lowest was 1.34%. And the median was 3.38%.
SHSE:600206's Return-on-Tangible-Asset is ranked better than 57.52% of 1031
companies
in the Semiconductors industry
Industry Median: 2.85
vs SHSE:600206: 4.33
Grinm Advanced Materials Co (SHSE:600206) 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.
Grinm Advanced Materials Co Return-on-Tangible-Asset Related Terms
Grinm Advanced Materials 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.
Grinm Advanced Materials Co Return-on-Tangible-Asset Chart
SHSE:600206 vs AMAT, LRCX, KLAC: Return-on-Tangible-Asset Comparison
For the Semiconductor Equipment & Materials subindustry, Grinm Advanced Materials 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.
Grinm Advanced Materials Co Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Grinm Advanced Materials Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Grinm Advanced Materials 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 5.06% mean?
Grinm Advanced Materials Co (SHSE:600206) has a Return-on-Tangible-Asset of 5.06% 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 Grinm Advanced Materials Co and its competitors. This is 50% above median its historical median of 3.38. Over the past decade, Grinm Advanced Materials Co's Return-on-Tangible-Asset has ranged from 1.34 to 5.30. According to the industry distribution chart, Grinm Advanced Materials Co ranks #438 out of 1031 companies in the Semiconductors industry, placing it in the top 42.5%.
Is Grinm Advanced Materials Co's Return-on-Tangible-Asset too high?
Grinm Advanced Materials Co's current Return-on-Tangible-Asset of 5.06% is 50% above median its 10-year median of 3.38. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 5.30. The Semiconductors industry median Return-on-Tangible-Asset is 2.85. Grinm Advanced Materials Co's value of 5.06% is 77.5% above this industry median. Based on the distribution chart, Grinm Advanced Materials Co ranks #438 out of 1031 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Grinm Advanced Materials Co has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grinm Advanced Materials Co's Return-on-Tangible-Asset compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Grinm Advanced Materials Co ranks #438 out of 1031 companies for Return-on-Tangible-Asset. This puts Grinm Advanced Materials Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.85. Grinm Advanced Materials Co's value of 5.06% is 77.5% above this benchmark. Historically, Grinm Advanced Materials Co's own Return-on-Tangible-Asset has ranged from 1.34 to 5.30 over the past decade. While the company's 10-year median is 3.38 vs. the industry median of 2.85, Grinm Advanced Materials 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.85, based on 1,031 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. Grinm Advanced Materials Co's current Return-on-Tangible-Asset of 5.06% is 77.5% 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 Grinm Advanced Materials Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grinm Advanced Materials Co's current Return-on-Tangible-Asset is 5.06%, which is 50% above median its own 10-year median of 3.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grinm Advanced Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Grinm Advanced Materials Co (SHSE:600206) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥21.76, compared to a current price of ¥55.86 — trading 156.7% above its estimated fair value. The current Return-on-Tangible-Asset is 5.06%, which is 50% above median its 10-year median of 3.38 and 77.5% above the Semiconductors industry median of 2.85. Grinm Advanced Materials Co's overall GF Score™ is 48/100 with 3 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 Grinm Advanced Materials Co (SHSE:600206), the current Return-on-Tangible-Asset is 5.06% 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 Grinm Advanced Materials Co (SHSE:600206) Overvalued in 2026?
Based on GuruFocus' analysis, Grinm Advanced Materials Co stock appears to be overvalued.
The current stock price of ¥55.86 is trading 156.7% above its estimated GF Value™ of ¥21.76.
GuruFocus considers Grinm Advanced Materials Co to be Significantly Overvalued.
Key valuation signals for SHSE:600206:
Return-on-Tangible-Asset: 5.06% (50% above median its 10-year median of 3.38)
GF Value™: ¥21.76 vs. price of ¥55.86 (156.7% above fair value)
Industry Position: 77.5% above the Semiconductors median (#438 of 1031)
No single metric tells the full story. See the SHSE:600206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grinm Advanced Materials Co Ltd is engaged in the research, development, manufacture, and distribution of semiconductor materials. The semiconductors offered by the company are widely used in integrated circuits, discrete devices, solar cell and other fields. Its products are exported to the United States, Japan, Spain, South Korea, Taiwan, Hong Kong and other places.
48GF Score
Get the complete analysis for SHSE:600206
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