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Shandong Huayang Dr Chemical Industry CoBJSE:920304 70 Return-on-Tangible-Equity is 6.73% as of Jun. 2026, which is 62% below its 10-year median of 17.57. GuruFocus rates BJSE:920304 with a GF Score™ of 70/100 and a GF Value™ of ¥11.92 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 249 Agriculture companies, Shandong Huayang Dr Chemical Industry Co ranks better than 58.63% on this metric.
BJSE:920304'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.48 Med: 17.57 Max: 32.47
Current: 10.98
During the past 13 years, Shandong Huayang Dr Chemical Industry Co's highest Return-on-Tangible-Equity was 32.47%. The lowest was 1.48%. And the median was 17.57%.
BJSE:920304's Return-on-Tangible-Equity is ranked better than 58.63% of 249
companies
in the Agriculture industry
Industry Median: 7.09
vs BJSE:920304: 10.98
Shandong Huayang Dr Chemical Industry Co (BJSE:920304) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Shandong Huayang Dr Chemical Industry Co Return-on-Tangible-Equity Related Terms
Shandong Huayang Dr Chemical Industry Co Return-on-Tangible-Equity 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.
Shandong Huayang Dr Chemical Industry Co Return-on-Tangible-Equity Chart
Shandong Huayang Dr Chemical Industry Co Annual Data
BJSE:920304 vs CTVA, CF, MOS: Return-on-Tangible-Equity Comparison
For the Agricultural Inputs subindustry, Shandong Huayang Dr Chemical Industry Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Shandong Huayang Dr Chemical Industry Co Return-on-Tangible-Equity vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Shandong Huayang Dr Chemical Industry Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shandong Huayang Dr Chemical Industry Co's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 6.73% mean?
Shandong Huayang Dr Chemical Industry Co (BJSE:920304) has a Return-on-Tangible-Equity of 6.73% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Shandong Huayang Dr Chemical Industry Co and its competitors. This is 62% below median its historical median of 17.57. Over the past decade, Shandong Huayang Dr Chemical Industry Co's Return-on-Tangible-Equity has ranged from 1.48 to 32.47. According to the industry distribution chart, Shandong Huayang Dr Chemical Industry Co ranks #103 out of 249 companies in the Agriculture industry, placing it in the top 41.4%.
Is Shandong Huayang Dr Chemical Industry Co's Return-on-Tangible-Equity too high?
Shandong Huayang Dr Chemical Industry Co's current Return-on-Tangible-Equity of 6.73% is 62% below median its 10-year median of 17.57. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 32.47. The Agriculture industry median Return-on-Tangible-Equity is 7.09. Shandong Huayang Dr Chemical Industry Co's value of 6.73% is 5.1% below this industry median. Based on the distribution chart, Shandong Huayang Dr Chemical Industry Co ranks #103 out of 249 companies in the Agriculture industry, which is above the industry midpoint. Overall, Shandong Huayang Dr Chemical Industry Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Huayang Dr Chemical Industry Co's Return-on-Tangible-Equity compare to CTVA and CF?
According to the Agriculture industry distribution chart, Shandong Huayang Dr Chemical Industry Co ranks #103 out of 249 companies for Return-on-Tangible-Equity. This puts Shandong Huayang Dr Chemical Industry Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.09. Shandong Huayang Dr Chemical Industry Co's value of 6.73% is 5.1% below this benchmark. Historically, Shandong Huayang Dr Chemical Industry Co's own Return-on-Tangible-Equity has ranged from 1.48 to 32.47 over the past decade. While the company's 10-year median is 17.57 vs. the industry median of 7.09, Shandong Huayang Dr Chemical Industry Co has consistently been below 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-Equity for an Agriculture company?
The median Return-on-Tangible-Equity among Agriculture companies is 7.09, based on 249 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shandong Huayang Dr Chemical Industry Co's current Return-on-Tangible-Equity of 6.73% is 5.1% below 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Shandong Huayang Dr Chemical Industry Co and its competitors. For the Agriculture industry, the median Return-on-Tangible-Equity is 7.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Huayang Dr Chemical Industry Co's current Return-on-Tangible-Equity is 6.73%, which is 62% below median its own 10-year median of 17.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Huayang Dr Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Huayang Dr Chemical Industry Co (BJSE:920304) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥11.92, compared to a current price of ¥8.48 — trading 28.9% below its estimated fair value. The current Return-on-Tangible-Equity is 6.73%, which is 62% below median its 10-year median of 17.57 and 5.1% below the Agriculture industry median of 7.09. Shandong Huayang Dr Chemical Industry Co's overall GF Score™ is 70/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Shandong Huayang Dr Chemical Industry Co (BJSE:920304), the current Return-on-Tangible-Equity is 6.73% 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 Shandong Huayang Dr Chemical Industry Co (BJSE:920304) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Huayang Dr Chemical Industry Co stock appears to be undervalued.
The current stock price of ¥8.48 is trading 28.9% below its estimated GF Value™ of ¥11.92.
GuruFocus considers Shandong Huayang Dr Chemical Industry Co to be Modestly Undervalued.
Key valuation signals for BJSE:920304:
Return-on-Tangible-Equity: 6.73% (62% below median its 10-year median of 17.57)
GF Value™: ¥11.92 vs. price of ¥8.48 (28.9% below fair value)
Industry Position: 5.1% below the Agriculture median (#103 of 249)
No single metric tells the full story. See the BJSE:920304 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Huayang Dr Chemical Industry Co Ltd engages in research and development, production, and sales of nitric acid and its downstream potassium nitrate, magnesium nitrate, nitro water-soluble fertilizer, and other products.
70GF Score
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