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The historical rank and industry rank for Zhejiang Wanfeng Chemical Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603172'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.95 Med: 7.99 Max: 14.97
Current: 3.96
During the past 7 years, Zhejiang Wanfeng Chemical Co's highest Return-on-Tangible-Asset was 14.97%. The lowest was 2.95%. And the median was 7.99%.
SHSE:603172's Return-on-Tangible-Asset is ranked better than 53.37% of 1617
companies
in the Chemicals industry
Industry Median: 3.62
vs SHSE:603172: 3.96
Zhejiang Wanfeng Chemical Co (SHSE:603172) 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.
Zhejiang Wanfeng Chemical Co Return-on-Tangible-Asset Related Terms
Zhejiang Wanfeng Chemical 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.
Zhejiang Wanfeng Chemical Co Return-on-Tangible-Asset Chart
SHSE:603172 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Zhejiang Wanfeng 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.
Zhejiang Wanfeng Chemical Co Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Zhejiang Wanfeng Chemical Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zhejiang Wanfeng Chemical 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 5.19% mean?
Zhejiang Wanfeng Chemical Co (SHSE:603172) has a Return-on-Tangible-Asset of 5.19% 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 Zhejiang Wanfeng Chemical Co and its competitors. This is 35% below median its historical median of 7.99. Over the past decade, Zhejiang Wanfeng Chemical Co's Return-on-Tangible-Asset has ranged from 2.95 to 14.97. According to the industry distribution chart, Zhejiang Wanfeng Chemical Co ranks #754 out of 1617 companies in the Chemicals industry, placing it in the top 46.6%.
Is Zhejiang Wanfeng Chemical Co's Return-on-Tangible-Asset too high?
Zhejiang Wanfeng Chemical Co's current Return-on-Tangible-Asset of 5.19% is 35% below median its 10-year median of 7.99. Over the past 10 years, this metric has ranged from a low of 2.95 to a high of 14.97. The Chemicals industry median Return-on-Tangible-Asset is 3.62. Zhejiang Wanfeng Chemical Co's value of 5.19% is 43.4% above this industry median. Based on the distribution chart, Zhejiang Wanfeng Chemical Co ranks #754 out of 1617 companies in the Chemicals industry, which is above the industry midpoint. Overall, Zhejiang Wanfeng Chemical Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Wanfeng Chemical Co's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Zhejiang Wanfeng Chemical Co ranks #754 out of 1617 companies for Return-on-Tangible-Asset. This puts Zhejiang Wanfeng Chemical Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.62. Zhejiang Wanfeng Chemical Co's value of 5.19% is 43.4% above this benchmark. Historically, Zhejiang Wanfeng Chemical Co's own Return-on-Tangible-Asset has ranged from 2.95 to 14.97 over the past decade. While the company's 10-year median is 7.99 vs. the industry median of 3.62, Zhejiang Wanfeng 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 a Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.62, based on 1,617 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. Zhejiang Wanfeng Chemical Co's current Return-on-Tangible-Asset of 5.19% is 43.4% 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 Zhejiang Wanfeng Chemical Co 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. Zhejiang Wanfeng Chemical Co's current Return-on-Tangible-Asset is 5.19%, which is 35% below median its own 10-year median of 7.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Wanfeng Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Wanfeng Chemical Co (SHSE:603172) is currently considered Fairly Valued. The stock's GF Value™ is ¥17.28, compared to a current price of ¥18.78 — trading 8.7% above its estimated fair value. The current Return-on-Tangible-Asset is 5.19%, which is 35% below median its 10-year median of 7.99 and 43.4% above the Chemicals industry median of 3.62. Zhejiang Wanfeng Chemical Co's overall GF Score™ is 62/100 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 Zhejiang Wanfeng Chemical Co (SHSE:603172), the current Return-on-Tangible-Asset is 5.19% 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 Zhejiang Wanfeng Chemical Co (SHSE:603172) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Wanfeng Chemical Co stock appears to be overvalued.
The current stock price of ¥18.78 is trading 8.7% above its estimated GF Value™ of ¥17.28.
GuruFocus considers Zhejiang Wanfeng Chemical Co to be Fairly Valued.
Key valuation signals for SHSE:603172:
Return-on-Tangible-Asset: 5.19% (35% below median its 10-year median of 7.99)
GF Value™: ¥17.28 vs. price of ¥18.78 (8.7% above fair value)
Industry Position: 43.4% above the Chemicals median (#754 of 1617)
No single metric tells the full story. See the SHSE:603172 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Wanfeng Chemical Co Ltd is a national high-tech enterprise specializing in research, development, production, and sales of high-end disperse dyes and filter cakes. The company specializes in green textile products with high color fastness, such as those requiring high washability. Its main product lines include the high-wash WF-XF series, high-wash WF-PUD series, and high-wash WF-PT series, as well as the alkali-resistant WF-ALK series, the super-alkali-resistant SA series, the high-sublimation-fastness WF-GSH series, the printing P series, and specialty product lines, meeting the needs of the mid-to-high-end textile printing and dyeing market.
62GF Score
Get the complete analysis for SHSE:603172
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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