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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. Jenkem Technology Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥-78.0 Mil. Jenkem Technology Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥1,327.0 Mil. Therefore, Jenkem Technology Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -5.88%.
The historical rank and industry rank for Jenkem Technology Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:688356'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.25 Med: 14.53 Max: 27.28
Current: 3.21
During the past 10 years, Jenkem Technology Co's highest Return-on-Tangible-Asset was 27.28%. The lowest was 2.25%. And the median was 14.53%.
SHSE:688356's Return-on-Tangible-Asset is ranked worse than 52.72% of 1618
companies
in the Chemicals industry
Industry Median: 3.62
vs SHSE:688356: 3.21
Jenkem Technology Co (SHSE:688356) 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.
Jenkem Technology Co Return-on-Tangible-Asset Related Terms
Jenkem Technology Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Jenkem Technology 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.
Jenkem Technology Co Return-on-Tangible-Asset Chart
SHSE:688356 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Jenkem 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.
Jenkem Technology Co Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Jenkem Technology Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Jenkem 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 -5.88% mean?
Jenkem Technology Co (SHSE:688356) has a Return-on-Tangible-Asset of -5.88% 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 Jenkem Technology Co and its competitors. Over the past decade, Jenkem Technology Co's Return-on-Tangible-Asset has ranged from 2.25 to 27.28. According to the industry distribution chart, Jenkem Technology Co ranks #853 out of 1618 companies in the Chemicals industry, placing it in the top 52.7%.
Is Jenkem Technology Co's Return-on-Tangible-Asset too high?
Jenkem Technology Co's current Return-on-Tangible-Asset is -5.88%. Over the past 10 years, this metric has ranged from a low of 2.25 to a high of 27.28. Based on the distribution chart, Jenkem Technology Co ranks #853 out of 1618 companies in the Chemicals industry, which is below the industry midpoint. Overall, Jenkem Technology Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jenkem Technology Co's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Jenkem Technology Co ranks #853 out of 1618 companies for Return-on-Tangible-Asset. This places Jenkem Technology Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.62. Historically, Jenkem Technology Co's own Return-on-Tangible-Asset has ranged from 2.25 to 27.28 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 3.62, 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. 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 Jenkem 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. Jenkem Technology Co's current Return-on-Tangible-Asset is -5.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jenkem Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Jenkem Technology Co (SHSE:688356) is currently considered Fairly Valued. The stock's GF Value™ is ¥108.19, compared to a current price of ¥108.80 — trading 0.6% above its estimated fair value. The current Return-on-Tangible-Asset is -5.88%. Jenkem Technology Co's overall GF Score™ is 81/100 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 Jenkem Technology Co (SHSE:688356), the current Return-on-Tangible-Asset is -5.88% 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 Jenkem Technology Co (SHSE:688356) Overvalued in 2026?
Based on GuruFocus' analysis, Jenkem Technology Co stock appears to be overvalued.
The current stock price of ¥108.80 is trading 0.6% above its estimated GF Value™ of ¥108.19.
GuruFocus considers Jenkem Technology Co to be Fairly Valued.
Key valuation signals for SHSE:688356:
Return-on-Tangible-Asset: -5.88%
GF Value™: ¥108.19 vs. price of ¥108.80 (0.6% above fair value)
No single metric tells the full story. See the SHSE:688356 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jenkem Technology Co Ltd is engaged in research and development, production and sales of medical polyethylene glycol and its active derivatives. The company's products include Branched polyethylene glycol derivatives; Linear polyethylene glycol derivatives; Double substituted polyethylene glycol derivatives with the same functional group; Heterofunctional double substituted polyethylene glycol derivatives; Multi-arm polyethylene glycol derivatives; Multi-arm heterofunctional double substituted polyethylene glycol derivatives; and Monodisperse Polyethylene Glycol Derivatives.
81GF Score
Get the complete analysis for SHSE:688356
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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