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SHSE:601117'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.86 Med: 2.71 Max: 3.01
Current: 2.69
During the past 13 years, China National Chemical Engineering Co's highest Return-on-Tangible-Asset was 3.01%. The lowest was 1.86%. And the median was 2.71%.
SHSE:601117's Return-on-Tangible-Asset is ranked worse than 52.68% of 1792
companies
in the Construction industry
Industry Median: 3.08
vs SHSE:601117: 2.69
China National Chemical Engineering Co (SHSE:601117) 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.
China National Chemical Engineering Co Return-on-Tangible-Asset Related Terms
China National Chemical Engineering 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.
China National Chemical Engineering Co Return-on-Tangible-Asset Chart
China National Chemical Engineering Co Annual Data
SHSE:601117 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, China National Chemical Engineering 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.
China National Chemical Engineering Co Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, China National Chemical Engineering Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where China National Chemical Engineering 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 2.55% mean?
China National Chemical Engineering Co (SHSE:601117) has a Return-on-Tangible-Asset of 2.55% 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 China National Chemical Engineering Co and its competitors. This is near median its historical median of 2.71. Over the past decade, China National Chemical Engineering Co's Return-on-Tangible-Asset has ranged from 1.86 to 3.01. According to the industry distribution chart, China National Chemical Engineering Co ranks #944 out of 1792 companies in the Construction industry, placing it in the top 52.7%.
Is China National Chemical Engineering Co's Return-on-Tangible-Asset too high?
China National Chemical Engineering Co's current Return-on-Tangible-Asset of 2.55% is near median its 10-year median of 2.71. Over the past 10 years, this metric has ranged from a low of 1.86 to a high of 3.01. The Construction industry median Return-on-Tangible-Asset is 3.08. China National Chemical Engineering Co's value of 2.55% is 17.2% below this industry median. Based on the distribution chart, China National Chemical Engineering Co ranks #944 out of 1792 companies in the Construction industry, which is below the industry midpoint. Overall, China National Chemical Engineering Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China National Chemical Engineering Co's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, China National Chemical Engineering Co ranks #944 out of 1792 companies for Return-on-Tangible-Asset. This places China National Chemical Engineering Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.08. China National Chemical Engineering Co's value of 2.55% is 17.2% below this benchmark. Historically, China National Chemical Engineering Co's own Return-on-Tangible-Asset has ranged from 1.86 to 3.01 over the past decade. While the company's 10-year median is 2.71 vs. the industry median of 3.08, China National Chemical Engineering 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.08, based on 1,792 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. China National Chemical Engineering Co's current Return-on-Tangible-Asset of 2.55% is 17.2% 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 China National Chemical Engineering Co and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China National Chemical Engineering Co's current Return-on-Tangible-Asset is 2.55%, which is near median its own 10-year median of 2.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China National Chemical Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, China National Chemical Engineering Co (SHSE:601117) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.98, compared to a current price of ¥7.43 — trading 6.9% below its estimated fair value. The current Return-on-Tangible-Asset is 2.55%, which is near median its 10-year median of 2.71 and 17.2% below the Construction industry median of 3.08. China National Chemical Engineering Co's overall GF Score™ is 91/100 with 3 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 China National Chemical Engineering Co (SHSE:601117), the current Return-on-Tangible-Asset is 2.55% 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 China National Chemical Engineering Co (SHSE:601117) Overvalued in 2026?
Based on GuruFocus' analysis, China National Chemical Engineering Co stock appears to be undervalued.
The current stock price of ¥7.43 is trading 6.9% below its estimated GF Value™ of ¥7.98.
GuruFocus considers China National Chemical Engineering Co to be Fairly Valued.
Key valuation signals for SHSE:601117:
Return-on-Tangible-Asset: 2.55% (near median its 10-year median of 2.71)
GF Value™: ¥7.98 vs. price of ¥7.43 (6.9% below fair value)
Industry Position: 17.2% below the Construction median (#944 of 1792)
No single metric tells the full story. See the SHSE:601117 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China National Chemical Engineering Co Ltd engages in the general contracting of construction and infrastructure projects in the fields of chemical, petrochemical, pharmaceutical, power, and coal industries in China and internationally. It provides services, such as project consulting, prospecting, design, construction, project management, environmental treatment, and technology research and development and its industrialization, as well as the installation of pipelines, circuits, and equipment.
91GF Score
Get the complete analysis for SHSE:601117
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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