Jiangsu Yangnong Chemical Co (SHSE:600486) Return-on-Tangible-Asset: 9.01% (As of Mar. 2026) — 16% Below Median

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SHSE:600486 Jiangsu Yangnong Chemical Co Ltd SHSE:600486
85 GF Score
Price ¥55.48
GF Value ¥68.20
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Jiangsu Yangnong Chemical Co Return-on-Tangible-Asset?

Jiangsu Yangnong Chemical Co SHSE:600486 -2.26% 85 Return-on-Tangible-Asset is 9.01% as of Mar. 2026, which is 16% below its 10-year median of 10.68. GuruFocus rates SHSE:600486 with a GF Score™ of 85/100 and a GF Value™ of ¥68.20 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 260 Agriculture companies, Jiangsu Yangnong Chemical Co ranks better than 74.23% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Jiangsu Yangnong Chemical Co's annualized Net Income for the quarter that ended in Mar. 2026 was ¥1,628 Mil. Jiangsu Yangnong Chemical Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥18,063 Mil. Therefore, Jiangsu Yangnong Chemical Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.01%.

The historical rank and industry rank for Jiangsu Yangnong Chemical Co's Return-on-Tangible-Asset or its related term are showing as below:

SHSE:600486' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.05   Med: 10.68   Max: 13.41
Current: 7.05

During the past 13 years, Jiangsu Yangnong Chemical Co's highest Return-on-Tangible-Asset was 13.41%. The lowest was 7.05%. And the median was 10.68%.

SHSE:600486's Return-on-Tangible-Asset is ranked better than
74.23% of 260 companies
in the Agriculture industry
Industry Median: 3.44 vs SHSE:600486: 7.05

Jiangsu Yangnong Chemical Co  (SHSE:600486) 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 company’s 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 company’s 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.


Jiangsu Yangnong Chemical Co Return-on-Tangible-Asset Related Terms


Jiangsu Yangnong Chemical Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Jiangsu Yangnong Chemical Co's Return-on-Tangible-Asset can be seen below:

* 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.

Jiangsu Yangnong Chemical Co Return-on-Tangible-Asset Chart

Jiangsu Yangnong Chemical Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.63 13.41 10.72 7.49 7.42

Jiangsu Yangnong Chemical Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.07 8.45 5.60 5.17 9.01

SHSE:600486 vs CTVA, CF, MOS: Return-on-Tangible-Asset Comparison

For the Agricultural Inputs subindustry, Jiangsu Yangnong Chemical 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.


Jiangsu Yangnong Chemical Co Return-on-Tangible-Asset vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Jiangsu Yangnong Chemical Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Jiangsu Yangnong Chemical Co's Return-on-Tangible-Asset falls into.


SHSE:600486
85GF Score
Jiangsu Yangnong Chemical Co Ltd SHSE:600486
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangsu Yangnong Chemical Co Return-on-Tangible-Asset Calculation

Jiangsu Yangnong Chemical Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=1285.954/( (17064.411+17606.444)/ 2 )
=1285.954/17335.4275
=7.42 %

Jiangsu Yangnong Chemical Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1628.148/( (17606.444+18519.561)/ 2 )
=1628.148/18063.0025
=9.01 %

* 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 9.01% mean?
Jiangsu Yangnong Chemical Co (SHSE:600486) has a Return-on-Tangible-Asset of 9.01% 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 Jiangsu Yangnong Chemical Co and its competitors. This is 16% below median its historical median of 10.68. Over the past decade, Jiangsu Yangnong Chemical Co's Return-on-Tangible-Asset has ranged from 7.05 to 13.41. According to the industry distribution chart, Jiangsu Yangnong Chemical Co ranks #67 out of 260 companies in the Agriculture industry, placing it in the top 25.8%.
Is Jiangsu Yangnong Chemical Co's Return-on-Tangible-Asset too high?
Jiangsu Yangnong Chemical Co's current Return-on-Tangible-Asset of 9.01% is 16% below median its 10-year median of 10.68. Over the past 10 years, this metric has ranged from a low of 7.05 to a high of 13.41. The Agriculture industry median Return-on-Tangible-Asset is 3.44. Jiangsu Yangnong Chemical Co's value of 9.01% is 161.9% above this industry median. Based on the distribution chart, Jiangsu Yangnong Chemical Co ranks #67 out of 260 companies in the Agriculture industry, which is above the industry midpoint. Overall, Jiangsu Yangnong Chemical Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Yangnong Chemical Co's Return-on-Tangible-Asset compare to CTVA and CF?
According to the Agriculture industry distribution chart, Jiangsu Yangnong Chemical Co ranks #67 out of 260 companies for Return-on-Tangible-Asset. This puts Jiangsu Yangnong Chemical Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.44. Jiangsu Yangnong Chemical Co's value of 9.01% is 161.9% above this benchmark. Historically, Jiangsu Yangnong Chemical Co's own Return-on-Tangible-Asset has ranged from 7.05 to 13.41 over the past decade. While the company's 10-year median is 10.68 vs. the industry median of 3.44, Jiangsu Yangnong Chemical 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 3.44, 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. Jiangsu Yangnong Chemical Co's current Return-on-Tangible-Asset of 9.01% is 161.9% 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 Jiangsu Yangnong Chemical Co and its competitors. For the Agriculture industry, the median Return-on-Tangible-Asset is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Yangnong Chemical Co's current Return-on-Tangible-Asset is 9.01%, which is 16% below median its own 10-year median of 10.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Yangnong Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Yangnong Chemical Co (SHSE:600486) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥68.20, compared to a current price of ¥55.48 — trading 18.7% below its estimated fair value. The current Return-on-Tangible-Asset is 9.01%, which is 16% below median its 10-year median of 10.68 and 161.9% above the Agriculture industry median of 3.44. Jiangsu Yangnong Chemical Co's overall GF Score™ is 85/100 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 Jiangsu Yangnong Chemical Co (SHSE:600486), the current Return-on-Tangible-Asset is 9.01% 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 Jiangsu Yangnong Chemical Co (SHSE:600486) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Yangnong Chemical Co stock appears to be undervalued. The current stock price of ¥55.48 is trading 18.7% below its estimated GF Value™ of ¥68.20. GuruFocus considers Jiangsu Yangnong Chemical Co to be Modestly Undervalued.

Key valuation signals for SHSE:600486:

  • Return-on-Tangible-Asset: 9.01% (16% below median its 10-year median of 10.68)
  • GF Value™: ¥68.20 vs. price of ¥55.48 (18.7% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 161.9% above the Agriculture median (#67 of 260)

No single metric tells the full story. See the SHSE:600486 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Yangnong Chemical Co Business Description

Address No. 203, Kaifa West Road, Yangnong Building, Hanjiang District, Jiangsu Province, Yangzhou, CHN, 225127
Jiangsu Yangnong Chemical Co Ltd is engaged in Research and development, production and sales of pesticide products.
85GF Score

Get the complete analysis for SHSE:600486

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥55.48
Price
¥68.20
GF Value