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Guizhou Redstar Developing CoSHSE:600367 +3.41%53 Return-on-Tangible-Asset is 3.64% as of Mar. 2026, which is 5% above its 10-year median of 3.46. GuruFocus rates SHSE:600367 with a GF Score™ of 53/100 and a GF Value™ of ¥10.09 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,611 Chemicals companies, Guizhou Redstar Developing Co ranks worse than 51.21% on this metric.
The historical rank and industry rank for Guizhou Redstar Developing Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:600367'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.92 Med: 3.46 Max: 12.33
Current: 2.96
During the past 13 years, Guizhou Redstar Developing Co's highest Return-on-Tangible-Asset was 12.33%. The lowest was 0.92%. And the median was 3.46%.
SHSE:600367's Return-on-Tangible-Asset is ranked worse than 51.21% of 1611
companies
in the Chemicals industry
Industry Median: 3.09
vs SHSE:600367: 2.96
Guizhou Redstar Developing Co (SHSE:600367) 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.
Guizhou Redstar Developing Co Return-on-Tangible-Asset Related Terms
Guizhou Redstar Developing 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.
Guizhou Redstar Developing Co Return-on-Tangible-Asset Chart
SHSE:600367 vs DOW: Return-on-Tangible-Asset Comparison
For the Chemicals subindustry, Guizhou Redstar Developing 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.
Guizhou Redstar Developing Co Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Guizhou Redstar Developing Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Guizhou Redstar Developing 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.64% mean?
Guizhou Redstar Developing Co (SHSE:600367) has a Return-on-Tangible-Asset of 3.64% 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 Guizhou Redstar Developing Co and its competitors. This is near median its historical median of 3.46. Over the past decade, Guizhou Redstar Developing Co's Return-on-Tangible-Asset has ranged from 0.92 to 12.33. According to the industry distribution chart, Guizhou Redstar Developing Co ranks #825 out of 1611 companies in the Chemicals industry, placing it in the top 51.2%.
Is Guizhou Redstar Developing Co's Return-on-Tangible-Asset too high?
Guizhou Redstar Developing Co's current Return-on-Tangible-Asset of 3.64% is near median its 10-year median of 3.46. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 12.33. The Chemicals industry median Return-on-Tangible-Asset is 3.09. Guizhou Redstar Developing Co's value of 3.64% is 17.8% above this industry median. Based on the distribution chart, Guizhou Redstar Developing Co ranks #825 out of 1611 companies in the Chemicals industry, which is below the industry midpoint. Overall, Guizhou Redstar Developing Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Guizhou Redstar Developing Co's Return-on-Tangible-Asset compare to DOW?
According to the Chemicals industry distribution chart, Guizhou Redstar Developing Co ranks #825 out of 1611 companies for Return-on-Tangible-Asset. This places Guizhou Redstar Developing Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.09. Guizhou Redstar Developing Co's value of 3.64% is 17.8% above this benchmark. Historically, Guizhou Redstar Developing Co's own Return-on-Tangible-Asset has ranged from 0.92 to 12.33 over the past decade. While the company's 10-year median is 3.46 vs. the industry median of 3.09, Guizhou Redstar Developing 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 3.09, based on 1,611 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. Guizhou Redstar Developing Co's current Return-on-Tangible-Asset of 3.64% is 17.8% 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 Guizhou Redstar Developing Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guizhou Redstar Developing Co's current Return-on-Tangible-Asset is 3.64%, which is near median its own 10-year median of 3.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guizhou Redstar Developing Co stock overvalued right now?
Based on GuruFocus' analysis, Guizhou Redstar Developing Co (SHSE:600367) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥10.09, compared to a current price of ¥27.87 — trading 176.2% above its estimated fair value. The current Return-on-Tangible-Asset is 3.64%, which is near median its 10-year median of 3.46 and 17.8% above the Chemicals industry median of 3.09. Guizhou Redstar Developing Co's overall GF Score™ is 53/100 with 2 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 Guizhou Redstar Developing Co (SHSE:600367), the current Return-on-Tangible-Asset is 3.64% 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 Guizhou Redstar Developing Co (SHSE:600367) Overvalued in 2026?
Based on GuruFocus' analysis, Guizhou Redstar Developing Co stock appears to be overvalued.
The current stock price of ¥27.87 is trading 176.2% above its estimated GF Value™ of ¥10.09.
GuruFocus considers Guizhou Redstar Developing Co to be Significantly Overvalued.
Key valuation signals for SHSE:600367:
Return-on-Tangible-Asset: 3.64% (near median its 10-year median of 3.46)
GF Value™: ¥10.09 vs. price of ¥27.87 (176.2% above fair value)
Industry Position: 17.8% above the Chemicals median (#825 of 1611)
No single metric tells the full story. See the SHSE:600367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guizhou Redstar Developing Co Ltd is engaged in the production of barium carbonate, electrolytic manganese dioxide, insoluble sulfur, thiourea, sulfur, barium sulfate, barium nitrate, barium chloride, and marigold. The products are used in the electronic information industry, chemical industry, light industry, metallurgy and ceramics industry.
53GF Score
Get the complete analysis for SHSE:600367
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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