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The historical rank and industry rank for Jiangsu Boqian New Materials Stock Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:605376'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.69 Med: 14.02 Max: 22.35
Current: 12.07
During the past 12 years, Jiangsu Boqian New Materials Stock Co's highest Return-on-Tangible-Asset was 22.35%. The lowest was -1.69%. And the median was 14.02%.
SHSE:605376's Return-on-Tangible-Asset is ranked better than 89.54% of 1616
companies
in the Chemicals industry
Industry Median: 3.445
vs SHSE:605376: 12.07
Jiangsu Boqian New Materials Stock Co (SHSE:605376) 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.
Jiangsu Boqian New Materials Stock Co Return-on-Tangible-Asset Related Terms
Jiangsu Boqian New Materials Stock 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.
Jiangsu Boqian New Materials Stock Co Return-on-Tangible-Asset Chart
SHSE:605376 vs DOW: Return-on-Tangible-Asset Comparison
For the Chemicals subindustry, Jiangsu Boqian New Materials Stock 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.
Jiangsu Boqian New Materials Stock Co Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Jiangsu Boqian New Materials Stock Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Jiangsu Boqian New Materials Stock 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 12.51% mean?
Jiangsu Boqian New Materials Stock Co (SHSE:605376) has a Return-on-Tangible-Asset of 12.51% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Jiangsu Boqian New Materials Stock Co and its competitors. This is 11% below median its historical median of 14.02. According to the industry distribution chart, Jiangsu Boqian New Materials Stock Co ranks #169 out of 1616 companies in the Chemicals industry, placing it in the top 10.5%.
Is Jiangsu Boqian New Materials Stock Co's Return-on-Tangible-Asset too high?
Jiangsu Boqian New Materials Stock Co's current Return-on-Tangible-Asset of 12.51% is 11% below median its 10-year median of 14.02. The Chemicals industry median Return-on-Tangible-Asset is 3.45. Jiangsu Boqian New Materials Stock Co's value of 12.51% is 263.1% above this industry median. Based on the distribution chart, Jiangsu Boqian New Materials Stock Co ranks #169 out of 1616 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangsu Boqian New Materials Stock Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Boqian New Materials Stock Co's Return-on-Tangible-Asset compare to DOW?
According to the Chemicals industry distribution chart, Jiangsu Boqian New Materials Stock Co ranks #169 out of 1616 companies for Return-on-Tangible-Asset. This places Jiangsu Boqian New Materials Stock Co in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.45. Jiangsu Boqian New Materials Stock Co's value of 12.51% is 263.1% above this benchmark. While the company's 10-year median is 14.02 vs. the industry median of 3.45, Jiangsu Boqian New Materials Stock 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 3.45, based on 1,616 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. Jiangsu Boqian New Materials Stock Co's current Return-on-Tangible-Asset of 12.51% is 263.1% 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 Jiangsu Boqian New Materials Stock Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Boqian New Materials Stock Co's current Return-on-Tangible-Asset is 12.51%, which is 11% below median its own 10-year median of 14.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Boqian New Materials Stock Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Boqian New Materials Stock Co (SHSE:605376) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥65.61, compared to a current price of ¥153.80 — trading 134.4% above its estimated fair value. The current Return-on-Tangible-Asset is 12.51%, which is 11% below median its 10-year median of 14.02 and 263.1% above the Chemicals industry median of 3.45. Jiangsu Boqian New Materials Stock Co's overall GF Score™ is 72/100 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 Jiangsu Boqian New Materials Stock Co (SHSE:605376), the current Return-on-Tangible-Asset is 12.51% as of Mar. 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 Jiangsu Boqian New Materials Stock Co (SHSE:605376) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Boqian New Materials Stock Co stock appears to be overvalued.
The current stock price of ¥153.80 is trading 134.4% above its estimated GF Value™ of ¥65.61.
GuruFocus considers Jiangsu Boqian New Materials Stock Co to be Significantly Overvalued.
Key valuation signals for SHSE:605376:
Return-on-Tangible-Asset: 12.51% (11% below median its 10-year median of 14.02)
GF Value™: ¥65.61 vs. price of ¥153.80 (134.4% above fair value)
Industry Position: 263.1% above the Chemicals median (#169 of 1616)
No single metric tells the full story. See the SHSE:605376 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Boqian New Materials Stock Co Ltd is engaged in the production and sales of high-end nano-metal powder materials. The company offers pure metal powder, binary alloy powder, ternary alloy powder and other powder materials.
72GF Score
Get the complete analysis for SHSE:605376
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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