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Liuzhou Chemical Industry CoSHSE:600423 -4.45%53 Return-on-Tangible-Asset is 7.03% as of Jun. 2026, which is 152% above its 10-year median of 2.79. GuruFocus rates SHSE:600423 with a GF Score™ of 53/100 and a GF Value™ of ¥3.09 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 260 Agriculture companies, Liuzhou Chemical Industry Co ranks worse than 77.31% on this metric.
The historical rank and industry rank for Liuzhou Chemical Industry Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:600423'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -112.4 Med: 2.79 Max: 13.81
Current: -2.49
During the past 13 years, Liuzhou Chemical Industry Co's highest Return-on-Tangible-Asset was 13.81%. The lowest was -112.40%. And the median was 2.79%.
SHSE:600423's Return-on-Tangible-Asset is ranked worse than 77.31% of 260
companies
in the Agriculture industry
Industry Median: 3.47
vs SHSE:600423: -2.49
Liuzhou Chemical Industry Co (SHSE:600423) 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.
Liuzhou Chemical Industry Co Return-on-Tangible-Asset Related Terms
Liuzhou 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.
Liuzhou Chemical Industry Co Return-on-Tangible-Asset Chart
SHSE:600423 vs CTVA, CF, MOS: Return-on-Tangible-Asset Comparison
For the Agricultural Inputs subindustry, Liuzhou 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.
Liuzhou Chemical Industry Co Return-on-Tangible-Asset vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Liuzhou Chemical Industry Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Liuzhou Chemical Industry 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 7.03% mean?
Liuzhou Chemical Industry Co (SHSE:600423) has a Return-on-Tangible-Asset of 7.03% 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 Liuzhou Chemical Industry Co and its competitors. This is 152% above median its historical median of 2.79. According to the industry distribution chart, Liuzhou Chemical Industry Co ranks #201 out of 260 companies in the Agriculture industry, placing it in the top 77.3%.
Is Liuzhou Chemical Industry Co's Return-on-Tangible-Asset too high?
Liuzhou Chemical Industry Co's current Return-on-Tangible-Asset of 7.03% is 152% above median its 10-year median of 2.79. The Agriculture industry median Return-on-Tangible-Asset is 3.47. Liuzhou Chemical Industry Co's value of 7.03% is 102.6% above this industry median. Based on the distribution chart, Liuzhou Chemical Industry Co ranks #201 out of 260 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, Liuzhou Chemical Industry Co has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Liuzhou Chemical Industry Co's Return-on-Tangible-Asset compare to CTVA and CF?
According to the Agriculture industry distribution chart, Liuzhou Chemical Industry Co ranks #201 out of 260 companies for Return-on-Tangible-Asset. This places Liuzhou Chemical Industry Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.47. Liuzhou Chemical Industry Co's value of 7.03% is 102.6% above this benchmark. While the company's 10-year median is 2.79 vs. the industry median of 3.47, Liuzhou Chemical Industry 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 an Agriculture company?
The median Return-on-Tangible-Asset among Agriculture companies is 3.47, based on 260 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. Liuzhou Chemical Industry Co's current Return-on-Tangible-Asset of 7.03% is 102.6% 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 Liuzhou Chemical Industry Co and its competitors. For the Agriculture industry, the median Return-on-Tangible-Asset is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liuzhou Chemical Industry Co's current Return-on-Tangible-Asset is 7.03%, which is 152% above median its own 10-year median of 2.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liuzhou Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Liuzhou Chemical Industry Co (SHSE:600423) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.09, compared to a current price of ¥2.79 — trading 9.7% below its estimated fair value. The current Return-on-Tangible-Asset is 7.03%, which is 152% above median its 10-year median of 2.79 and 102.6% above the Agriculture industry median of 3.47. Liuzhou Chemical Industry Co's overall GF Score™ is 53/100 with 4 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 Liuzhou Chemical Industry Co (SHSE:600423), the current Return-on-Tangible-Asset is 7.03% 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 Liuzhou Chemical Industry Co (SHSE:600423) Overvalued in 2026?
Based on GuruFocus' analysis, Liuzhou Chemical Industry Co stock appears to be undervalued.
The current stock price of ¥2.79 is trading 9.7% below its estimated GF Value™ of ¥3.09.
GuruFocus considers Liuzhou Chemical Industry Co to be Modestly Undervalued.
Key valuation signals for SHSE:600423:
Return-on-Tangible-Asset: 7.03% (152% above median its 10-year median of 2.79)
GF Value™: ¥3.09 vs. price of ¥2.79 (9.7% below fair value)
Industry Position: 102.6% above the Agriculture median (#201 of 260)
No single metric tells the full story. See the SHSE:600423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Liuzhou Chemical Industry Co Ltd is engaged in producing and selling chemical fertilizers. The product line includes - porous ammonium nitrate, sodium nitrite, soda ash, granular ammonium nitrate, industrial sulfur, sodium nitrate, potassium sulfate, urea, ammonium chloride, hydrogen peroxide, compound fertilizer, nitro fertilizer, food-grade carbon dioxide, liquid ammonia, and others.
53GF Score
Get the complete analysis for SHSE:600423
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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