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Zhejiang Jihua Group CoSHSE:603980 +3.51%54 Return-on-Tangible-Asset is 2.59% as of Jun. 2026, which is 37% below its 10-year median of 4.10. GuruFocus rates SHSE:603980 with a GF Score™ of 54/100 and a GF Value™ of ¥3.27 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,617 Chemicals companies, Zhejiang Jihua Group Co ranks worse than 61.22% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Zhejiang Jihua Group Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥112 Mil. Zhejiang Jihua Group Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥4,318 Mil. Therefore, Zhejiang Jihua Group Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 2.59%.
The historical rank and industry rank for Zhejiang Jihua Group Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603980'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.07 Med: 4.1 Max: 14.62
Current: 2.22
During the past 13 years, Zhejiang Jihua Group Co's highest Return-on-Tangible-Asset was 14.62%. The lowest was -5.07%. And the median was 4.10%.
SHSE:603980's Return-on-Tangible-Asset is ranked worse than 61.22% of 1617
companies
in the Chemicals industry
Industry Median: 3.62
vs SHSE:603980: 2.22
Zhejiang Jihua Group Co (SHSE:603980) 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 Jihua Group Co Return-on-Tangible-Asset Related Terms
Zhejiang Jihua Group Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Zhejiang Jihua Group Co's Return-on-Tangible-Asset can be seen below:
* 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 Jihua Group Co Return-on-Tangible-Asset Chart
SHSE:603980 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Zhejiang Jihua 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.
Zhejiang Jihua Group Co Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Zhejiang Jihua Group Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zhejiang Jihua 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 2.59% mean?
Zhejiang Jihua Group Co (SHSE:603980) has a Return-on-Tangible-Asset of 2.59% 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 Jihua Group Co and its competitors. This is 37% below median its historical median of 4.10. According to the industry distribution chart, Zhejiang Jihua Group Co ranks #990 out of 1617 companies in the Chemicals industry, placing it in the top 61.2%.
Is Zhejiang Jihua Group Co's Return-on-Tangible-Asset too high?
Zhejiang Jihua Group Co's current Return-on-Tangible-Asset of 2.59% is 37% below median its 10-year median of 4.10. The Chemicals industry median Return-on-Tangible-Asset is 3.62. Zhejiang Jihua Group Co's value of 2.59% is 28.5% below this industry median. Based on the distribution chart, Zhejiang Jihua Group Co ranks #990 out of 1617 companies in the Chemicals industry, which is below the industry midpoint. Overall, Zhejiang Jihua Group Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Jihua Group Co's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Zhejiang Jihua Group Co ranks #990 out of 1617 companies for Return-on-Tangible-Asset. This places Zhejiang Jihua Group Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.62. Zhejiang Jihua Group Co's value of 2.59% is 28.5% below this benchmark. While the company's 10-year median is 4.10 vs. the industry median of 3.62, Zhejiang Jihua Group 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 1,617 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 Jihua Group Co's current Return-on-Tangible-Asset of 2.59% is 28.5% 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 Zhejiang Jihua Group 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 Jihua Group Co's current Return-on-Tangible-Asset is 2.59%, which is 37% below median its own 10-year median of 4.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Jihua Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Jihua Group Co (SHSE:603980) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.27, compared to a current price of ¥7.96 — trading 143.4% above its estimated fair value. The current Return-on-Tangible-Asset is 2.59%, which is 37% below median its 10-year median of 4.10 and 28.5% below the Chemicals industry median of 3.62. Zhejiang Jihua Group Co's overall GF Score™ is 54/100 with 6 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 Jihua Group Co (SHSE:603980), the current Return-on-Tangible-Asset is 2.59% 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 Jihua Group Co (SHSE:603980) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Jihua Group Co stock appears to be overvalued.
The current stock price of ¥7.96 is trading 143.4% above its estimated GF Value™ of ¥3.27.
GuruFocus considers Zhejiang Jihua Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:603980:
Return-on-Tangible-Asset: 2.59% (37% below median its 10-year median of 4.10)
GF Value™: ¥3.27 vs. price of ¥7.96 (143.4% above fair value)
Industry Position: 28.5% below the Chemicals median (#990 of 1617)
No single metric tells the full story. See the SHSE:603980 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Jihua Group Co Ltd is the chemical manufacturing company based in China. The company is mainly engaged in research and development, production and sales of dyes, dye intermediates and other chemical products. The main products are the reactive dye, disperse dye, acid dye, sulfur, H acid, synthetic-anthraquinone, sulfuric acid, polyurethane sponge, high-grade coating and augmented products.
54GF Score
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