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Hoshine Silicon Industry CoSHSE:603260 -0.61%71 Return-on-Tangible-Asset is 1.30% as of Jun. 2026, which is 85% below its 10-year median of 8.94. GuruFocus rates SHSE:603260 with a GF Score™ of 71/100 and a GF Value™ of ¥43.97 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,620 Chemicals companies, Hoshine Silicon Industry Co ranks worse than 83.15% on this metric.
The historical rank and industry rank for Hoshine Silicon Industry Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603260'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.64 Med: 8.94 Max: 33.79
Current: -2.88
During the past 13 years, Hoshine Silicon Industry Co's highest Return-on-Tangible-Asset was 33.79%. The lowest was -3.64%. And the median was 8.94%.
SHSE:603260's Return-on-Tangible-Asset is ranked worse than 83.15% of 1620
companies
in the Chemicals industry
Industry Median: 3.62
vs SHSE:603260: -2.88
Hoshine Silicon Industry Co (SHSE:603260) 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.
Hoshine Silicon Industry Co Return-on-Tangible-Asset Related Terms
Hoshine Silicon 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.
Hoshine Silicon Industry Co Return-on-Tangible-Asset Chart
SHSE:603260 vs DOW: Return-on-Tangible-Asset Comparison
For the Chemicals subindustry, Hoshine Silicon 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.
Hoshine Silicon Industry Co Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Hoshine Silicon Industry Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hoshine Silicon 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 1.30% mean?
Hoshine Silicon Industry Co (SHSE:603260) has a Return-on-Tangible-Asset of 1.30% 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 Hoshine Silicon Industry Co and its competitors. This is 85% below median its historical median of 8.94. According to the industry distribution chart, Hoshine Silicon Industry Co ranks #1347 out of 1620 companies in the Chemicals industry, placing it in the top 83.1%.
Is Hoshine Silicon Industry Co's Return-on-Tangible-Asset too high?
Hoshine Silicon Industry Co's current Return-on-Tangible-Asset of 1.30% is 85% below median its 10-year median of 8.94. The Chemicals industry median Return-on-Tangible-Asset is 3.62. Hoshine Silicon Industry Co's value of 1.30% is 64.1% below this industry median. Based on the distribution chart, Hoshine Silicon Industry Co ranks #1347 out of 1620 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Hoshine Silicon Industry Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoshine Silicon Industry Co's Return-on-Tangible-Asset compare to DOW?
According to the Chemicals industry distribution chart, Hoshine Silicon Industry Co ranks #1347 out of 1620 companies for Return-on-Tangible-Asset. This places Hoshine Silicon Industry Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.62. Hoshine Silicon Industry Co's value of 1.30% is 64.1% below this benchmark. While the company's 10-year median is 8.94 vs. the industry median of 3.62, Hoshine Silicon Industry 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.62, based on 1,620 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. Hoshine Silicon Industry Co's current Return-on-Tangible-Asset of 1.30% is 64.1% 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 Hoshine Silicon Industry 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. Hoshine Silicon Industry Co's current Return-on-Tangible-Asset is 1.30%, which is 85% below median its own 10-year median of 8.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoshine Silicon Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Hoshine Silicon Industry Co (SHSE:603260) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥43.97, compared to a current price of ¥32.69 — trading 25.7% below its estimated fair value. The current Return-on-Tangible-Asset is 1.30%, which is 85% below median its 10-year median of 8.94 and 64.1% below the Chemicals industry median of 3.62. Hoshine Silicon Industry Co's overall GF Score™ is 71/100 with 9 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 Hoshine Silicon Industry Co (SHSE:603260), the current Return-on-Tangible-Asset is 1.30% 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 Hoshine Silicon Industry Co (SHSE:603260) Overvalued in 2026?
Based on GuruFocus' analysis, Hoshine Silicon Industry Co stock appears to be undervalued.
The current stock price of ¥32.69 is trading 25.7% below its estimated GF Value™ of ¥43.97.
GuruFocus considers Hoshine Silicon Industry Co to be Modestly Undervalued.
Key valuation signals for SHSE:603260:
Return-on-Tangible-Asset: 1.30% (85% below median its 10-year median of 8.94)
GF Value™: ¥43.97 vs. price of ¥32.69 (25.7% below fair value)
Industry Position: 64.1% below the Chemicals median (#1347 of 1620)
No single metric tells the full story. See the SHSE:603260 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hoshine Silicon Industry Co Ltd is engaged in research and development, production, and sales of new silicon-based materials such as industrial silicon and organic silicon. The company's main products include industrial silicon and organosilicon, as well as polysilicon products.
71GF Score
Get the complete analysis for SHSE:603260
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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