Techstorm Advanced Material (SHSE:601026) Return-on-Tangible-Asset: 5.36% (As of Jun. 2026) — 26% Above Median

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SHSE:601026 Techstorm Advanced Material Corp Ltd SHSE:601026
29 GF Score
Price ¥14.16
! 6 Warning Signs
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What is Techstorm Advanced Material Return-on-Tangible-Asset?

Techstorm Advanced Material SHSE:601026 -1.05% 29 Return-on-Tangible-Asset is 5.36% as of Jun. 2026, which is 26% above its 10-year median of 4.25. GuruFocus rates SHSE:601026 with a GF Score™ of 29/100. The stock has 6 warning signs investors should review. Among 1,623 Chemicals companies, Techstorm Advanced Material ranks better than 60.75% 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. Techstorm Advanced Material's annualized Net Income for the quarter that ended in Jun. 2026 was ¥234 Mil. Techstorm Advanced Material's average total tangible assets for the quarter that ended in Jun. 2026 was ¥4,360 Mil. Therefore, Techstorm Advanced Material's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 5.36%.

The historical rank and industry rank for Techstorm Advanced Material's Return-on-Tangible-Asset or its related term are showing as below:

SHSE:601026' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.27   Med: 4.25   Max: 5.2
Current: 5.04

During the past 6 years, Techstorm Advanced Material's highest Return-on-Tangible-Asset was 5.20%. The lowest was 3.27%. And the median was 4.25%.

SHSE:601026's Return-on-Tangible-Asset is ranked better than
60.75% of 1623 companies
in the Chemicals industry
Industry Median: 3.62 vs SHSE:601026: 5.04

Techstorm Advanced Material  (SHSE:601026) 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.


Techstorm Advanced Material Return-on-Tangible-Asset Related Terms


Techstorm Advanced Material Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Techstorm Advanced Material'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.

Techstorm Advanced Material Return-on-Tangible-Asset Chart

Techstorm Advanced Material Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial 3.27 3.51 4.28 4.22 5.09

Techstorm Advanced Material Quarterly Data
Dec20 Dec21 Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.76 7.09 4.98 2.99 5.36

SHSE:601026 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison

For the Specialty Chemicals subindustry, Techstorm Advanced Material'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.


Techstorm Advanced Material Return-on-Tangible-Asset vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Techstorm Advanced Material's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Techstorm Advanced Material's Return-on-Tangible-Asset falls into.


SHSE:601026
29GF Score
Techstorm Advanced Material Corp Ltd SHSE:601026
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Techstorm Advanced Material Return-on-Tangible-Asset Calculation

Techstorm Advanced Material'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 )
=202.649/( (3848.536+4118.602)/ 2 )
=202.649/3983.569
=5.09 %

Techstorm Advanced Material's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=233.916/( (4162.693+4557.411)/ 2 )
=233.916/4360.052
=5.36 %

* 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 5.36% mean?
Techstorm Advanced Material (SHSE:601026) has a Return-on-Tangible-Asset of 5.36% 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 Techstorm Advanced Material and its competitors. This is 26% above median its historical median of 4.25. Over the past decade, Techstorm Advanced Material's Return-on-Tangible-Asset has ranged from 3.27 to 5.20. According to the industry distribution chart, Techstorm Advanced Material ranks #637 out of 1623 companies in the Chemicals industry, placing it in the top 39.2%.
Is Techstorm Advanced Material's Return-on-Tangible-Asset too high?
Techstorm Advanced Material's current Return-on-Tangible-Asset of 5.36% is 26% above median its 10-year median of 4.25. Over the past 10 years, this metric has ranged from a low of 3.27 to a high of 5.20. The Chemicals industry median Return-on-Tangible-Asset is 3.62. Techstorm Advanced Material's value of 5.36% is 48.1% above this industry median. Based on the distribution chart, Techstorm Advanced Material ranks #637 out of 1623 companies in the Chemicals industry, which is above the industry midpoint. Overall, Techstorm Advanced Material has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Techstorm Advanced Material's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Techstorm Advanced Material ranks #637 out of 1623 companies for Return-on-Tangible-Asset. This puts Techstorm Advanced Material in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.62. Techstorm Advanced Material's value of 5.36% is 48.1% above this benchmark. Historically, Techstorm Advanced Material's own Return-on-Tangible-Asset has ranged from 3.27 to 5.20 over the past decade. While the company's 10-year median is 4.25 vs. the industry median of 3.62, Techstorm Advanced Material 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 3.62, based on 1,623 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. Techstorm Advanced Material's current Return-on-Tangible-Asset of 5.36% is 48.1% 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 Techstorm Advanced Material and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techstorm Advanced Material's current Return-on-Tangible-Asset is 5.36%, which is 26% above median its own 10-year median of 4.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techstorm Advanced Material stock overvalued right now?
Techstorm Advanced Material (SHSE:601026) has a current Return-on-Tangible-Asset of 5.36%. The current Return-on-Tangible-Asset is 5.36%, which is 26% above median its 10-year median of 4.25 and 48.1% above the Chemicals industry median of 3.62. Techstorm Advanced Material's overall GF Score™ is 29/100 with 6 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 Techstorm Advanced Material (SHSE:601026), the current Return-on-Tangible-Asset is 5.36% 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.

Techstorm Advanced Material Business Description

Address No.308 Pingda Road, Lin-Gang Special Area of China, Pilot Free Trade Zone, Shanghai, CHN
Techstorm Advanced Material Corp Ltd is engaged in the manufacturing and development of chemical products related to: Wind Energy, Composites, Automotive, Electric, and Photovoltaic. Its products are Adhesives (Onshore, Offshore), Various auxiliary adhesive systems, Gas cylinder wound resin, Cable mandrel pultrusion resin, Silicone sealant for solar photovoltaic modules, and Others.
29GF Score

Get the complete analysis for SHSE:601026

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

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