Jiangsu HSC New Energy Materials Co (SHSE:688353) Return-on-Tangible-Asset: 9.24% (As of Mar. 2026) — 13% Above Median

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SHSE:688353 Jiangsu HSC New Energy Materials Co Ltd SHSE:688353
62 GF Score
Price ¥108.30
GF Value ¥48.41
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Jiangsu HSC New Energy Materials Co Return-on-Tangible-Asset?

Jiangsu HSC New Energy Materials Co SHSE:688353 +10.49% 62 Return-on-Tangible-Asset is 9.24% as of Mar. 2026, which is 13% above its 10-year median of 8.15. GuruFocus rates SHSE:688353 with a GF Score™ of 62/100 and a GF Value™ of ¥48.41 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,616 Chemicals companies, Jiangsu HSC New Energy Materials Co ranks better than 54.52% 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. Jiangsu HSC New Energy Materials Co's annualized Net Income for the quarter that ended in Mar. 2026 was ¥388 Mil. Jiangsu HSC New Energy Materials Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥4,199 Mil. Therefore, Jiangsu HSC New Energy Materials Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.24%.

The historical rank and industry rank for Jiangsu HSC New Energy Materials Co's Return-on-Tangible-Asset or its related term are showing as below:

SHSE:688353' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.2   Med: 8.15   Max: 36.19
Current: 3.76

During the past 8 years, Jiangsu HSC New Energy Materials Co's highest Return-on-Tangible-Asset was 36.19%. The lowest was -4.20%. And the median was 8.15%.

SHSE:688353's Return-on-Tangible-Asset is ranked better than
54.52% of 1616 companies
in the Chemicals industry
Industry Median: 3.19 vs SHSE:688353: 3.76

Jiangsu HSC New Energy Materials Co  (SHSE:688353) 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 company’s 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 company’s 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 HSC New Energy Materials Co Return-on-Tangible-Asset Related Terms


Jiangsu HSC New Energy Materials Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Jiangsu HSC New Energy Materials 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.

Jiangsu HSC New Energy Materials Co Return-on-Tangible-Asset Chart

Jiangsu HSC New Energy Materials Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial 36.19 8.91 -0.55 -4.20 0.32

Jiangsu HSC New Energy Materials Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.25 -2.03 3.49 4.14 9.24

SHSE:688353 vs DOW: Return-on-Tangible-Asset Comparison

For the Chemicals subindustry, Jiangsu HSC New Energy Materials 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 HSC New Energy Materials Co Return-on-Tangible-Asset vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu HSC New Energy Materials Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Jiangsu HSC New Energy Materials Co's Return-on-Tangible-Asset falls into.


SHSE:688353
62GF Score
Jiangsu HSC New Energy Materials Co Ltd SHSE:688353
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangsu HSC New Energy Materials Co Return-on-Tangible-Asset Calculation

Jiangsu HSC New Energy Materials Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=13.257/( (4084.271+4120.215)/ 2 )
=13.257/4102.243
=0.32 %

Jiangsu HSC New Energy Materials Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=388.068/( (4120.215+4278.734)/ 2 )
=388.068/4199.4745
=9.24 %

* 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 9.24% mean?
Jiangsu HSC New Energy Materials Co (SHSE:688353) has a Return-on-Tangible-Asset of 9.24% 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 HSC New Energy Materials Co and its competitors. This is 13% above median its historical median of 8.15. According to the industry distribution chart, Jiangsu HSC New Energy Materials Co ranks #735 out of 1616 companies in the Chemicals industry, placing it in the top 45.5%.
Is Jiangsu HSC New Energy Materials Co's Return-on-Tangible-Asset too high?
Jiangsu HSC New Energy Materials Co's current Return-on-Tangible-Asset of 9.24% is 13% above median its 10-year median of 8.15. The Chemicals industry median Return-on-Tangible-Asset is 3.19. Jiangsu HSC New Energy Materials Co's value of 9.24% is 189.7% above this industry median. Based on the distribution chart, Jiangsu HSC New Energy Materials Co ranks #735 out of 1616 companies in the Chemicals industry, which is above the industry midpoint. Overall, Jiangsu HSC New Energy Materials Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu HSC New Energy Materials Co's Return-on-Tangible-Asset compare to DOW?
According to the Chemicals industry distribution chart, Jiangsu HSC New Energy Materials Co ranks #735 out of 1616 companies for Return-on-Tangible-Asset. This puts Jiangsu HSC New Energy Materials Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.19. Jiangsu HSC New Energy Materials Co's value of 9.24% is 189.7% above this benchmark. While the company's 10-year median is 8.15 vs. the industry median of 3.19, Jiangsu HSC New Energy Materials 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 3.19, 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 HSC New Energy Materials Co's current Return-on-Tangible-Asset of 9.24% is 189.7% 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 HSC New Energy Materials Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu HSC New Energy Materials Co's current Return-on-Tangible-Asset is 9.24%, which is 13% above median its own 10-year median of 8.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu HSC New Energy Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu HSC New Energy Materials Co (SHSE:688353) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥48.41, compared to a current price of ¥108.30 — trading 123.7% above its estimated fair value. The current Return-on-Tangible-Asset is 9.24%, which is 13% above median its 10-year median of 8.15 and 189.7% above the Chemicals industry median of 3.19. Jiangsu HSC New Energy Materials Co's overall GF Score™ is 62/100 with 4 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 HSC New Energy Materials Co (SHSE:688353), the current Return-on-Tangible-Asset is 9.24% 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 HSC New Energy Materials Co (SHSE:688353) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu HSC New Energy Materials Co stock appears to be overvalued. The current stock price of ¥108.30 is trading 123.7% above its estimated GF Value™ of ¥48.41. GuruFocus considers Jiangsu HSC New Energy Materials Co to be Significantly Overvalued.

Key valuation signals for SHSE:688353:

  • Return-on-Tangible-Asset: 9.24% (13% above median its 10-year median of 8.15)
  • GF Value™: ¥48.41 vs. price of ¥108.30 (123.7% above fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 189.7% above the Chemicals median (#735 of 1616)

No single metric tells the full story. See the SHSE:688353 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu HSC New Energy Materials Co Business Description

Address No. 1, Desheng Road, Yangtze River International Chemical Industrial Park, Jiangsu Province, Zhangjiagang, CHN, 215600
Jiangsu HSC New Energy Materials Co Ltd is engaged in the production and sales of lithium battery electrolyte additives. The company's products mainly include two series of electronic chemicals and special silicones. In the field of electronic chemicals, the company supplies vinylene carbonate (VC) and fluoroethylene carbonate (FEC) in the market. The products are widely used in new energy vehicles, electric two-wheelers, power tools, UPS power supplies, mobile base station power supply, photovoltaic power station, 3C products and other fields. In the field of special silicones, the company manufacturers the technology of non-phosgene production of isocyanate silanes.
62GF Score

Get the complete analysis for SHSE:688353

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥108.30
Price
¥48.41
GF Value