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SHSE:600273's Return-on-Tangible-Asset is ranked better than 70.28% of 1615
companies
in the Chemicals industry
Industry Median: 3.31
vs SHSE:600273: 6.42
Zhejiang Jiahua Energy Chemical Industry Co (SHSE:600273) 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.
Zhejiang Jiahua Energy Chemical Industry Co Return-on-Tangible-Asset Related Terms
Zhejiang Jiahua Energy Chemical Industry 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.
Zhejiang Jiahua Energy Chemical Industry Co Return-on-Tangible-Asset Chart
Zhejiang Jiahua Energy Chemical Industry Co Annual Data
SHSE:600273 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Zhejiang Jiahua Energy Chemical Industry 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.
Zhejiang Jiahua Energy Chemical Industry Co Return-on-Tangible-Asset vs Chemicals Industry
* 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.28% mean?
Zhejiang Jiahua Energy Chemical Industry Co (SHSE:600273) has a Return-on-Tangible-Asset of 3.28% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Zhejiang Jiahua Energy Chemical Industry Co and its competitors. This is 77% below median its historical median of 13.99. Over the past decade, Zhejiang Jiahua Energy Chemical Industry Co's Return-on-Tangible-Asset has ranged from 6.42 to 17.89. According to the industry distribution chart, Zhejiang Jiahua Energy Chemical Industry Co ranks #480 out of 1615 companies in the Chemicals industry, placing it in the top 29.7%.
Is Zhejiang Jiahua Energy Chemical Industry Co's Return-on-Tangible-Asset too high?
Zhejiang Jiahua Energy Chemical Industry Co's current Return-on-Tangible-Asset of 3.28% is 77% below median its 10-year median of 13.99. Over the past 10 years, this metric has ranged from a low of 6.42 to a high of 17.89. The Chemicals industry median Return-on-Tangible-Asset is 3.31. Zhejiang Jiahua Energy Chemical Industry Co's value of 3.28% is 0.9% below this industry median. Based on the distribution chart, Zhejiang Jiahua Energy Chemical Industry Co ranks #480 out of 1615 companies in the Chemicals industry, which is above the industry midpoint. Overall, Zhejiang Jiahua Energy Chemical Industry Co has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Jiahua Energy Chemical Industry Co's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Zhejiang Jiahua Energy Chemical Industry Co ranks #480 out of 1615 companies for Return-on-Tangible-Asset. This puts Zhejiang Jiahua Energy Chemical Industry Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.31. Zhejiang Jiahua Energy Chemical Industry Co's value of 3.28% is 0.9% below this benchmark. Historically, Zhejiang Jiahua Energy Chemical Industry Co's own Return-on-Tangible-Asset has ranged from 6.42 to 17.89 over the past decade. While the company's 10-year median is 13.99 vs. the industry median of 3.31, Zhejiang Jiahua Energy Chemical Industry Co has consistently been below 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 3.31, based on 1,615 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. Zhejiang Jiahua Energy Chemical Industry Co's current Return-on-Tangible-Asset of 3.28% is 0.9% below 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 Zhejiang Jiahua Energy Chemical Industry Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Jiahua Energy Chemical Industry Co's current Return-on-Tangible-Asset is 3.28%, which is 77% below median its own 10-year median of 13.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Jiahua Energy Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Jiahua Energy Chemical Industry Co (SHSE:600273) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥10.13, compared to a current price of ¥6.79 — trading 33% below its estimated fair value. The current Return-on-Tangible-Asset is 3.28%, which is 77% below median its 10-year median of 13.99 and 0.9% below the Chemicals industry median of 3.31. Zhejiang Jiahua Energy Chemical Industry Co's overall GF Score™ is 73/100 with 5 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 Zhejiang Jiahua Energy Chemical Industry Co (SHSE:600273), the current Return-on-Tangible-Asset is 3.28% 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.
Is Zhejiang Jiahua Energy Chemical Industry Co (SHSE:600273) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Jiahua Energy Chemical Industry Co stock appears to be undervalued.
The current stock price of ¥6.79 is trading 33% below its estimated GF Value™ of ¥10.13.
GuruFocus considers Zhejiang Jiahua Energy Chemical Industry Co to be Significantly Undervalued.
Key valuation signals for SHSE:600273:
Return-on-Tangible-Asset: 3.28% (77% below median its 10-year median of 13.99)
GF Value™: ¥10.13 vs. price of ¥6.79 (33% below fair value)
Industry Position: 0.9% below the Chemicals median (#480 of 1615)
No single metric tells the full story. See the SHSE:600273 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Jiahua Energy Chemical Industry Co Ltd is engaged in the production of caustic soda and acids. Its products series include chlor-alkali series, combined heat and power, Ortho-para series, sulfuric acid series and fatty alcohol series.
73GF Score
Get the complete analysis for SHSE:600273
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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