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The historical rank and industry rank for Argus (Shanghai) Textile Chemicals Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603790'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.7 Med: 4.64 Max: 14.97
Current: 5.36
During the past 12 years, Argus (Shanghai) Textile Chemicals Co's highest Return-on-Tangible-Asset was 14.97%. The lowest was 2.70%. And the median was 4.64%.
SHSE:603790's Return-on-Tangible-Asset is ranked better than 62.54% of 1623
companies
in the Chemicals industry
Industry Median: 3.62
vs SHSE:603790: 5.36
Argus (Shanghai) Textile Chemicals Co (SHSE:603790) 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.
Argus (Shanghai) Textile Chemicals Co Return-on-Tangible-Asset Related Terms
Argus (Shanghai) Textile Chemicals 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.
Argus (Shanghai) Textile Chemicals Co Return-on-Tangible-Asset Chart
SHSE:603790 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Argus (Shanghai) Textile Chemicals 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.
Argus (Shanghai) Textile Chemicals Co Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Argus (Shanghai) Textile Chemicals Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Argus (Shanghai) Textile Chemicals 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 6.30% mean?
Argus (Shanghai) Textile Chemicals Co (SHSE:603790) has a Return-on-Tangible-Asset of 6.30% 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 Argus (Shanghai) Textile Chemicals Co and its competitors. This is 36% above median its historical median of 4.64. Over the past decade, Argus (Shanghai) Textile Chemicals Co's Return-on-Tangible-Asset has ranged from 2.70 to 14.97. According to the industry distribution chart, Argus (Shanghai) Textile Chemicals Co ranks #608 out of 1623 companies in the Chemicals industry, placing it in the top 37.5%.
Is Argus (Shanghai) Textile Chemicals Co's Return-on-Tangible-Asset too high?
Argus (Shanghai) Textile Chemicals Co's current Return-on-Tangible-Asset of 6.30% is 36% above median its 10-year median of 4.64. Over the past 10 years, this metric has ranged from a low of 2.70 to a high of 14.97. The Chemicals industry median Return-on-Tangible-Asset is 3.62. Argus (Shanghai) Textile Chemicals Co's value of 6.30% is 74% above this industry median. Based on the distribution chart, Argus (Shanghai) Textile Chemicals Co ranks #608 out of 1623 companies in the Chemicals industry, which is above the industry midpoint. Overall, Argus (Shanghai) Textile Chemicals Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argus (Shanghai) Textile Chemicals Co's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Argus (Shanghai) Textile Chemicals Co ranks #608 out of 1623 companies for Return-on-Tangible-Asset. This puts Argus (Shanghai) Textile Chemicals Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.62. Argus (Shanghai) Textile Chemicals Co's value of 6.30% is 74% above this benchmark. Historically, Argus (Shanghai) Textile Chemicals Co's own Return-on-Tangible-Asset has ranged from 2.70 to 14.97 over the past decade. While the company's 10-year median is 4.64 vs. the industry median of 3.62, Argus (Shanghai) Textile Chemicals 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 1,623 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. Argus (Shanghai) Textile Chemicals Co's current Return-on-Tangible-Asset of 6.30% is 74% 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 Argus (Shanghai) Textile Chemicals 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. Argus (Shanghai) Textile Chemicals Co's current Return-on-Tangible-Asset is 6.30%, which is 36% above median its own 10-year median of 4.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argus (Shanghai) Textile Chemicals Co stock overvalued right now?
Based on GuruFocus' analysis, Argus (Shanghai) Textile Chemicals Co (SHSE:603790) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥17.27, compared to a current price of ¥22.44 — trading 29.9% above its estimated fair value. The current Return-on-Tangible-Asset is 6.30%, which is 36% above median its 10-year median of 4.64 and 74% above the Chemicals industry median of 3.62. Argus (Shanghai) Textile Chemicals Co's overall GF Score™ is 75/100. 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 Argus (Shanghai) Textile Chemicals Co (SHSE:603790), the current Return-on-Tangible-Asset is 6.30% 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 Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Overvalued in 2026?
Based on GuruFocus' analysis, Argus (Shanghai) Textile Chemicals Co stock appears to be overvalued.
The current stock price of ¥22.44 is trading 29.9% above its estimated GF Value™ of ¥17.27.
GuruFocus considers Argus (Shanghai) Textile Chemicals Co to be Modestly Overvalued.
Key valuation signals for SHSE:603790:
Return-on-Tangible-Asset: 6.30% (36% above median its 10-year median of 4.64)
GF Value™: ¥17.27 vs. price of ¥22.44 (29.9% above fair value)
Industry Position: 74% above the Chemicals median (#608 of 1623)
No single metric tells the full story. See the SHSE:603790 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Argus (Shanghai) Textile Chemicals Co Ltd is a company that manufactures dyes. The company is specialized in the research and development, manufacturing and marketing of textile chemicals and providing technical support services for several specialties. It offers Dyes for cellulose, polyamide, wool, polyester, and silk. While its other products categories include Argasoft products and other auxiliary services related to dying.
75GF Score
Get the complete analysis for SHSE:603790
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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