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The historical rank and industry rank for Sokan New Materials Group Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688157'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.57 Med: 6.97 Max: 19.68
Current: 0.57
During the past 10 years, Sokan New Materials Group Co's highest Return-on-Tangible-Asset was 19.68%. The lowest was 0.57%. And the median was 6.97%.
SHSE:688157's Return-on-Tangible-Asset is ranked worse than 70.11% of 1616
companies
in the Chemicals industry
Industry Median: 3.385
vs SHSE:688157: 0.57
Sokan New Materials Group Co (SHSE:688157) 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.
Sokan New Materials Group Co Return-on-Tangible-Asset Related Terms
Sokan New Materials 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.
Sokan New Materials Group Co Return-on-Tangible-Asset Chart
SHSE:688157 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Sokan New Materials 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.
Sokan New Materials Group Co Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sokan New Materials Group Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sokan New Materials 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -1.67% mean?
Sokan New Materials Group Co (SHSE:688157) has a Return-on-Tangible-Asset of -1.67% 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 Sokan New Materials Group Co and its competitors. Over the past decade, Sokan New Materials Group Co's Return-on-Tangible-Asset has ranged from 0.57 to 19.68. According to the industry distribution chart, Sokan New Materials Group Co ranks #1133 out of 1616 companies in the Chemicals industry, placing it in the top 70.1%.
Is Sokan New Materials Group Co's Return-on-Tangible-Asset too high?
Sokan New Materials Group Co's current Return-on-Tangible-Asset is -1.67%. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 19.68. Based on the distribution chart, Sokan New Materials Group Co ranks #1133 out of 1616 companies in the Chemicals industry, which is below the industry midpoint. Overall, Sokan New Materials Group Co has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sokan New Materials Group Co's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sokan New Materials Group Co ranks #1133 out of 1616 companies for Return-on-Tangible-Asset. This places Sokan New Materials Group Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.39. Historically, Sokan New Materials Group Co's own Return-on-Tangible-Asset has ranged from 0.57 to 19.68 over the past decade. 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 3.39, 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. 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 Sokan New Materials Group Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sokan New Materials Group Co's current Return-on-Tangible-Asset is -1.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sokan New Materials Group Co stock overvalued right now?
Based on GuruFocus' analysis, Sokan New Materials Group Co (SHSE:688157) is currently considered Possible Value Trap. The stock's GF Value™ is ¥35.59, compared to a current price of ¥19.31 — trading 45.7% below its estimated fair value. The current Return-on-Tangible-Asset is -1.67%. Sokan New Materials Group Co's overall GF Score™ is 63/100 with 10 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 Sokan New Materials Group Co (SHSE:688157), the current Return-on-Tangible-Asset is -1.67% 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 Sokan New Materials Group Co (SHSE:688157) Overvalued in 2026?
Based on GuruFocus' analysis, Sokan New Materials Group Co stock appears to be undervalued.
The current stock price of ¥19.31 is trading 45.7% below its estimated GF Value™ of ¥35.59.
GuruFocus considers Sokan New Materials Group Co to be Possible Value Trap.
Key valuation signals for SHSE:688157:
Return-on-Tangible-Asset: -1.67%
GF Value™: ¥35.59 vs. price of ¥19.31 (45.7% below fair value)
No single metric tells the full story. See the SHSE:688157 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sokan New Materials Group Co Ltd is engaged in the production and sales of new functional coating materials such as paints and special inks. It provides services to market segments such as mobile phones and related accessories, notebook computers and related accessories, wearable devices, and smart home appliances, passenger cars.
63GF Score
Get the complete analysis for SHSE:688157
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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