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SHSE:600063's Return-on-Tangible-Equity is ranked worse than 50.8% of 1569
companies
in the Chemicals industry
Industry Median: 5.78
vs SHSE:600063: 5.61
Anhui Wanwei Updated High-Tech Material Industry Co (SHSE:600063) 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.
Anhui Wanwei Updated High-Tech Material Industry Co Return-on-Tangible-Equity Related Terms
Anhui Wanwei Updated High-Tech Material 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.
Anhui Wanwei Updated High-Tech Material Industry Co Return-on-Tangible-Equity Chart
Anhui Wanwei Updated High-Tech Material Industry Co Annual Data
SHSE:600063 vs DOW: Return-on-Tangible-Equity Comparison
For the Chemicals subindustry, Anhui Wanwei Updated High-Tech Material 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.
Anhui Wanwei Updated High-Tech Material Industry Co Return-on-Tangible-Equity vs Chemicals Industry
* 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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 6.79% mean?
Anhui Wanwei Updated High-Tech Material Industry Co (SHSE:600063) has a Return-on-Tangible-Equity of 6.79% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Anhui Wanwei Updated High-Tech Material Industry Co and its competitors. This is 34% above median its historical median of 5.07. Over the past decade, Anhui Wanwei Updated High-Tech Material Industry Co's Return-on-Tangible-Equity has ranged from 2.18 to 20.33. According to the industry distribution chart, Anhui Wanwei Updated High-Tech Material Industry Co ranks #797 out of 1569 companies in the Chemicals industry, placing it in the top 50.8%.
Is Anhui Wanwei Updated High-Tech Material Industry Co's Return-on-Tangible-Equity too high?
Anhui Wanwei Updated High-Tech Material Industry Co's current Return-on-Tangible-Equity of 6.79% is 34% above median its 10-year median of 5.07. Over the past 10 years, this metric has ranged from a low of 2.18 to a high of 20.33. The Chemicals industry median Return-on-Tangible-Equity is 5.78. Anhui Wanwei Updated High-Tech Material Industry Co's value of 6.79% is 17.5% above this industry median. Based on the distribution chart, Anhui Wanwei Updated High-Tech Material Industry Co ranks #797 out of 1569 companies in the Chemicals industry, which is below the industry midpoint. Overall, Anhui Wanwei Updated High-Tech Material Industry Co has a GF Scoreâ„¢ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anhui Wanwei Updated High-Tech Material Industry Co's Return-on-Tangible-Equity compare to DOW?
According to the Chemicals industry distribution chart, Anhui Wanwei Updated High-Tech Material Industry Co ranks #797 out of 1569 companies for Return-on-Tangible-Equity. This places Anhui Wanwei Updated High-Tech Material Industry Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.78. Anhui Wanwei Updated High-Tech Material Industry Co's value of 6.79% is 17.5% above this benchmark. Historically, Anhui Wanwei Updated High-Tech Material Industry Co's own Return-on-Tangible-Equity has ranged from 2.18 to 20.33 over the past decade. While the company's 10-year median is 5.07 vs. the industry median of 5.78, Anhui Wanwei Updated High-Tech Material Industry 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-Equity for a Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.78, based on 1,569 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. Anhui Wanwei Updated High-Tech Material Industry Co's current Return-on-Tangible-Equity of 6.79% is 17.5% 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-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 Anhui Wanwei Updated High-Tech Material Industry Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anhui Wanwei Updated High-Tech Material Industry Co's current Return-on-Tangible-Equity is 6.79%, which is 34% above median its own 10-year median of 5.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Wanwei Updated High-Tech Material Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Wanwei Updated High-Tech Material Industry Co (SHSE:600063) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥4.76, compared to a current price of ¥5.42 — trading 13.9% above its estimated fair value. The current Return-on-Tangible-Equity is 6.79%, which is 34% above median its 10-year median of 5.07 and 17.5% above the Chemicals industry median of 5.78. Anhui Wanwei Updated High-Tech Material Industry Co's overall GF Score™ is 69/100 with 7 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 Anhui Wanwei Updated High-Tech Material Industry Co (SHSE:600063), the current Return-on-Tangible-Equity is 6.79% 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 Anhui Wanwei Updated High-Tech Material Industry Co (SHSE:600063) Overvalued in 2026?
Based on GuruFocus' analysis, Anhui Wanwei Updated High-Tech Material Industry Co stock appears to be overvalued.
The current stock price of Â¥5.42 is trading 13.9% above its estimated GF Value™ of Â¥4.76.
GuruFocus considers Anhui Wanwei Updated High-Tech Material Industry Co to be Modestly Overvalued.
Key valuation signals for SHSE:600063:
Return-on-Tangible-Equity: 6.79% (34% above median its 10-year median of 5.07)
GF Value™: Â¥4.76 vs. price of Â¥5.42 (13.9% above fair value)
Industry Position: 17.5% above the Chemicals median (#797 of 1569)
No single metric tells the full story. See the SHSE:600063 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Anhui Wanwei Updated High-Tech Material Industry Co Business Description
Anhui Wanwei Updated High-Tech Material Industry Co Ltd is a China-based company engaged in the development, production, and sales of polyvinyl alcohol and related products. Its main products include PVA, cement, PVA ultrashort fiber, slices, Vinyl Acetateethylene Emulsion (VAE) emulsion, rubber powder, methyl acetate and vinyl acetate, among others. The company distributes its products within domestic market and to overseas markets.
69GF Score
Get the complete analysis for SHSE:600063
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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