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SHSE:688093'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 11.67 Med: 16.68 Max: 44.22
Current: 12.61
During the past 9 years, Suzhou Shihua New Material Technology Co's highest Return-on-Tangible-Asset was 44.22%. The lowest was 11.67%. And the median was 16.68%.
SHSE:688093's Return-on-Tangible-Asset is ranked better than 90.54% of 1618
companies
in the Chemicals industry
Industry Median: 3.62
vs SHSE:688093: 12.61
Suzhou Shihua New Material Technology Co (SHSE:688093) 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.
Suzhou Shihua New Material Technology Co Return-on-Tangible-Asset Related Terms
Suzhou Shihua New Material Technology 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.
Suzhou Shihua New Material Technology Co Return-on-Tangible-Asset Chart
Suzhou Shihua New Material Technology Co Annual Data
SHSE:688093 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Suzhou Shihua New Material Technology 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.
Suzhou Shihua New Material Technology Co Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Suzhou Shihua New Material Technology Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Suzhou Shihua New Material Technology 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 5.40% mean?
Suzhou Shihua New Material Technology Co (SHSE:688093) has a Return-on-Tangible-Asset of 5.40% 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 Suzhou Shihua New Material Technology Co and its competitors. This is 68% below median its historical median of 16.68. Over the past decade, Suzhou Shihua New Material Technology Co's Return-on-Tangible-Asset has ranged from 11.67 to 44.22. According to the industry distribution chart, Suzhou Shihua New Material Technology Co ranks #153 out of 1618 companies in the Chemicals industry, placing it in the top 9.5%.
Is Suzhou Shihua New Material Technology Co's Return-on-Tangible-Asset too high?
Suzhou Shihua New Material Technology Co's current Return-on-Tangible-Asset of 5.40% is 68% below median its 10-year median of 16.68. Over the past 10 years, this metric has ranged from a low of 11.67 to a high of 44.22. The Chemicals industry median Return-on-Tangible-Asset is 3.62. Suzhou Shihua New Material Technology Co's value of 5.40% is 49.2% above this industry median. Based on the distribution chart, Suzhou Shihua New Material Technology Co ranks #153 out of 1618 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Suzhou Shihua New Material Technology Co has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Suzhou Shihua New Material Technology Co's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Suzhou Shihua New Material Technology Co ranks #153 out of 1618 companies for Return-on-Tangible-Asset. This places Suzhou Shihua New Material Technology Co in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.62. Suzhou Shihua New Material Technology Co's value of 5.40% is 49.2% above this benchmark. Historically, Suzhou Shihua New Material Technology Co's own Return-on-Tangible-Asset has ranged from 11.67 to 44.22 over the past decade. While the company's 10-year median is 16.68 vs. the industry median of 3.62, Suzhou Shihua New Material Technology 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 1,618 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. Suzhou Shihua New Material Technology Co's current Return-on-Tangible-Asset of 5.40% is 49.2% 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 Suzhou Shihua New Material Technology 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. Suzhou Shihua New Material Technology Co's current Return-on-Tangible-Asset is 5.40%, which is 68% below median its own 10-year median of 16.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Shihua New Material Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Shihua New Material Technology Co (SHSE:688093) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥34.92, compared to a current price of ¥21.80 — trading 37.6% below its estimated fair value. The current Return-on-Tangible-Asset is 5.40%, which is 68% below median its 10-year median of 16.68 and 49.2% above the Chemicals industry median of 3.62. Suzhou Shihua New Material Technology Co's overall GF Score™ is 81/100 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 Suzhou Shihua New Material Technology Co (SHSE:688093), the current Return-on-Tangible-Asset is 5.40% 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 Suzhou Shihua New Material Technology Co (SHSE:688093) Overvalued in 2026?
Based on GuruFocus' analysis, Suzhou Shihua New Material Technology Co stock appears to be undervalued.
The current stock price of ¥21.80 is trading 37.6% below its estimated GF Value™ of ¥34.92.
GuruFocus considers Suzhou Shihua New Material Technology Co to be Significantly Undervalued.
Key valuation signals for SHSE:688093:
Return-on-Tangible-Asset: 5.40% (68% below median its 10-year median of 16.68)
GF Value™: ¥34.92 vs. price of ¥21.80 (37.6% below fair value)
Industry Position: 49.2% above the Chemicals median (#153 of 1618)
No single metric tells the full story. See the SHSE:688093 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suzhou Shihua New Material Technology Co Ltd is engaged in design, development, and manufacturing of functional materials. The copany's products are categorized under Precision Process Material, Multiple Function Material, and Display Module Material. Its products are widely used in consumer electronics, smart wearable devices, new energy vehicles, medical electronics, and other fields, providing customers with a complete application solution.
81GF Score
Get the complete analysis for SHSE:688093
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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