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Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Shanxi Huayang New Material Co's annualized net income for the quarter that ended in Mar. 2026 was ¥0.4 Mil. Shanxi Huayang New Material Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥36.6 Mil. Therefore, Shanxi Huayang New Material Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.98%.
The historical rank and industry rank for Shanxi Huayang New Material Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600281'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -140.23 Med: -8.5 Max: 10.54
Current: -117.08
During the past 13 years, Shanxi Huayang New Material Co's highest Return-on-Tangible-Equity was 10.54%. The lowest was -140.23%. And the median was -8.50%.
SHSE:600281's Return-on-Tangible-Equity is ranked worse than 97.77% of 1570
companies
in the Chemicals industry
Industry Median: 5.78
vs SHSE:600281: -117.08
Shanxi Huayang New Material Co (SHSE:600281) 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.
Shanxi Huayang New Material Co Return-on-Tangible-Equity Related Terms
Shanxi Huayang New Material 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.
Shanxi Huayang New Material Co Return-on-Tangible-Equity Chart
SHSE:600281 vs DOW: Return-on-Tangible-Equity Comparison
For the Chemicals subindustry, Shanxi Huayang New Material 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.
Shanxi Huayang New Material Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shanxi Huayang New Material Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shanxi Huayang New Material 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 (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 0.98% mean?
Shanxi Huayang New Material Co (SHSE:600281) has a Return-on-Tangible-Equity of 0.98% 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 Shanxi Huayang New Material Co and its competitors. According to the industry distribution chart, Shanxi Huayang New Material Co ranks #1535 out of 1570 companies in the Chemicals industry, placing it in the top 97.8%.
Is Shanxi Huayang New Material Co's Return-on-Tangible-Equity too high?
Shanxi Huayang New Material Co's current Return-on-Tangible-Equity is 0.98%. The Chemicals industry median Return-on-Tangible-Equity is 5.78. Shanxi Huayang New Material Co's value of 0.98% is 83% below this industry median. Based on the distribution chart, Shanxi Huayang New Material Co ranks #1535 out of 1570 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Shanxi Huayang New Material Co has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanxi Huayang New Material Co's Return-on-Tangible-Equity compare to DOW?
According to the Chemicals industry distribution chart, Shanxi Huayang New Material Co ranks #1535 out of 1570 companies for Return-on-Tangible-Equity. This places Shanxi Huayang New Material Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.78. Shanxi Huayang New Material Co's value of 0.98% is 83% below this benchmark. 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 1,570 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. Shanxi Huayang New Material Co's current Return-on-Tangible-Equity of 0.98% is 83% 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 Shanxi Huayang New Material 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. Shanxi Huayang New Material Co's current Return-on-Tangible-Equity is 0.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Huayang New Material Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Huayang New Material Co (SHSE:600281) is currently considered Possible Value Trap. The stock's GF Value™ is ¥6.69, compared to a current price of ¥3.85 — trading 42.5% below its estimated fair value. The current Return-on-Tangible-Equity is 0.98% and 83% below the Chemicals industry median of 5.78. Shanxi Huayang New Material Co's overall GF Score™ is 32/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Shanxi Huayang New Material Co (SHSE:600281), the current Return-on-Tangible-Equity is 0.98% 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 Shanxi Huayang New Material Co (SHSE:600281) Overvalued in 2026?
Based on GuruFocus' analysis, Shanxi Huayang New Material Co stock appears to be undervalued.
The current stock price of ¥3.85 is trading 42.5% below its estimated GF Value™ of ¥6.69.
GuruFocus considers Shanxi Huayang New Material Co to be Possible Value Trap.
Key valuation signals for SHSE:600281:
Return-on-Tangible-Equity: 0.98%
GF Value™: ¥6.69 vs. price of ¥3.85 (42.5% below fair value)
Industry Position: 83% below the Chemicals median (#1535 of 1570)
No single metric tells the full story. See the SHSE:600281 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanxi Huayang New Material Co Business Description
Shanxi Huayang New Material Co Ltd Taiyuan Chemical Industry Co Ltd is engaged in the research, production, and sale of chemical products. Its main products are deep coke processing products, chemical fertilizers, coal tar processing products, and biochemical products.
32GF Score
Get the complete analysis for SHSE:600281
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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