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Yangzhou Tinfulong Group CoSHSE:603406 -2.75%42 Return-on-Tangible-Asset is 11.48% as of Jun. 2026, which is 12% below its 10-year median of 12.99. GuruFocus rates SHSE:603406 with a GF Score™ of 42/100. The stock has 5 warning signs investors should review. Among 1,625 Chemicals companies, Yangzhou Tinfulong Group Co ranks better than 83.69% on this metric.
The historical rank and industry rank for Yangzhou Tinfulong Group Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603406'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.92 Med: 12.99 Max: 16.48
Current: 9.92
During the past 5 years, Yangzhou Tinfulong Group Co's highest Return-on-Tangible-Asset was 16.48%. The lowest was 9.92%. And the median was 12.99%.
SHSE:603406's Return-on-Tangible-Asset is ranked better than 83.69% of 1625
companies
in the Chemicals industry
Industry Median: 3.63
vs SHSE:603406: 9.92
Yangzhou Tinfulong Group Co (SHSE:603406) 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.
Yangzhou Tinfulong Group Co Return-on-Tangible-Asset Related Terms
Yangzhou Tinfulong Group 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.
Yangzhou Tinfulong Group Co Return-on-Tangible-Asset Chart
SHSE:603406 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Yangzhou Tinfulong Group 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.
Yangzhou Tinfulong Group Co Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Yangzhou Tinfulong Group Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Yangzhou Tinfulong Group 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 11.48% mean?
Yangzhou Tinfulong Group Co (SHSE:603406) has a Return-on-Tangible-Asset of 11.48% 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 Yangzhou Tinfulong Group Co and its competitors. This is 12% below median its historical median of 12.99. Over the past decade, Yangzhou Tinfulong Group Co's Return-on-Tangible-Asset has ranged from 9.92 to 16.48. According to the industry distribution chart, Yangzhou Tinfulong Group Co ranks #265 out of 1625 companies in the Chemicals industry, placing it in the top 16.3%.
Is Yangzhou Tinfulong Group Co's Return-on-Tangible-Asset too high?
Yangzhou Tinfulong Group Co's current Return-on-Tangible-Asset of 11.48% is 12% below median its 10-year median of 12.99. Over the past 10 years, this metric has ranged from a low of 9.92 to a high of 16.48. The Chemicals industry median Return-on-Tangible-Asset is 3.63. Yangzhou Tinfulong Group Co's value of 11.48% is 216.3% above this industry median. Based on the distribution chart, Yangzhou Tinfulong Group Co ranks #265 out of 1625 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Yangzhou Tinfulong Group Co has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Yangzhou Tinfulong Group Co's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Yangzhou Tinfulong Group Co ranks #265 out of 1625 companies for Return-on-Tangible-Asset. This places Yangzhou Tinfulong Group Co in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.63. Yangzhou Tinfulong Group Co's value of 11.48% is 216.3% above this benchmark. Historically, Yangzhou Tinfulong Group Co's own Return-on-Tangible-Asset has ranged from 9.92 to 16.48 over the past decade. While the company's 10-year median is 12.99 vs. the industry median of 3.63, Yangzhou Tinfulong Group 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 3.63, based on 1,625 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. Yangzhou Tinfulong Group Co's current Return-on-Tangible-Asset of 11.48% is 216.3% 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 Yangzhou Tinfulong Group Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yangzhou Tinfulong Group Co's current Return-on-Tangible-Asset is 11.48%, which is 12% below median its own 10-year median of 12.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yangzhou Tinfulong Group Co stock overvalued right now?
Yangzhou Tinfulong Group Co (SHSE:603406) has a current Return-on-Tangible-Asset of 11.48%. The current Return-on-Tangible-Asset is 11.48%, which is 12% below median its 10-year median of 12.99 and 216.3% above the Chemicals industry median of 3.63. Yangzhou Tinfulong Group Co's overall GF Score™ is 42/100 with 5 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 Yangzhou Tinfulong Group Co (SHSE:603406), the current Return-on-Tangible-Asset is 11.48% 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.
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