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Liuzhou Chemical Industry CoSHSE:600423 -0.41%50 Return-on-Tangible-Equity is 2.81% as of Mar. 2026, which is 24% below its 10-year median of 3.69. GuruFocus rates SHSE:600423 with a GF Score™ of 50/100 and a GF Value™ of ¥2.84 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 249 Agriculture companies, Liuzhou Chemical Industry Co ranks worse than 80.72% on this metric.
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. Liuzhou Chemical Industry Co's annualized net income for the quarter that ended in Mar. 2026 was ¥14.9 Mil. Liuzhou Chemical Industry Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥528.4 Mil. Therefore, Liuzhou Chemical Industry Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.81%.
The historical rank and industry rank for Liuzhou Chemical Industry Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600423'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -228.66 Med: 3.69 Max: 35.53
Current: -4.44
During the past 13 years, Liuzhou Chemical Industry Co's highest Return-on-Tangible-Equity was 35.53%. The lowest was -228.66%. And the median was 3.69%.
SHSE:600423's Return-on-Tangible-Equity is ranked worse than 80.72% of 249
companies
in the Agriculture industry
Industry Median: 7.29
vs SHSE:600423: -4.44
Liuzhou Chemical Industry Co (SHSE:600423) 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.
Liuzhou Chemical Industry Co Return-on-Tangible-Equity Related Terms
Liuzhou 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.
Liuzhou Chemical Industry Co Return-on-Tangible-Equity Chart
SHSE:600423 vs CTVA, CF, MOS: Return-on-Tangible-Equity Comparison
For the Agricultural Inputs subindustry, Liuzhou 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.
Liuzhou Chemical Industry Co Return-on-Tangible-Equity vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Liuzhou Chemical Industry Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Liuzhou 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 (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 2.81% mean?
Liuzhou Chemical Industry Co (SHSE:600423) has a Return-on-Tangible-Equity of 2.81% 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 Liuzhou Chemical Industry Co and its competitors. This is 24% below median its historical median of 3.69. According to the industry distribution chart, Liuzhou Chemical Industry Co ranks #201 out of 249 companies in the Agriculture industry, placing it in the top 80.7%.
Is Liuzhou Chemical Industry Co's Return-on-Tangible-Equity too high?
Liuzhou Chemical Industry Co's current Return-on-Tangible-Equity of 2.81% is 24% below median its 10-year median of 3.69. The Agriculture industry median Return-on-Tangible-Equity is 7.29. Liuzhou Chemical Industry Co's value of 2.81% is 61.5% below this industry median. Based on the distribution chart, Liuzhou Chemical Industry Co ranks #201 out of 249 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, Liuzhou Chemical Industry Co has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Liuzhou Chemical Industry Co's Return-on-Tangible-Equity compare to CTVA and CF?
According to the Agriculture industry distribution chart, Liuzhou Chemical Industry Co ranks #201 out of 249 companies for Return-on-Tangible-Equity. This places Liuzhou Chemical Industry Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.29. Liuzhou Chemical Industry Co's value of 2.81% is 61.5% below this benchmark. While the company's 10-year median is 3.69 vs. the industry median of 7.29, Liuzhou 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 7.29, 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. Liuzhou Chemical Industry Co's current Return-on-Tangible-Equity of 2.81% is 61.5% 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 Liuzhou Chemical Industry Co and its competitors. For the Agriculture industry, the median Return-on-Tangible-Equity is 7.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liuzhou Chemical Industry Co's current Return-on-Tangible-Equity is 2.81%, which is 24% below median its own 10-year median of 3.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liuzhou Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Liuzhou Chemical Industry Co (SHSE:600423) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥2.84, compared to a current price of ¥2.44 — trading 14.1% below its estimated fair value. The current Return-on-Tangible-Equity is 2.81%, which is 24% below median its 10-year median of 3.69 and 61.5% below the Agriculture industry median of 7.29. Liuzhou Chemical Industry Co's overall GF Score™ is 50/100 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 Liuzhou Chemical Industry Co (SHSE:600423), the current Return-on-Tangible-Equity is 2.81% 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 Liuzhou Chemical Industry Co (SHSE:600423) Overvalued in 2026?
Based on GuruFocus' analysis, Liuzhou Chemical Industry Co stock appears to be undervalued.
The current stock price of ¥2.44 is trading 14.1% below its estimated GF Value™ of ¥2.84.
GuruFocus considers Liuzhou Chemical Industry Co to be Modestly Undervalued.
Key valuation signals for SHSE:600423:
Return-on-Tangible-Equity: 2.81% (24% below median its 10-year median of 3.69)
GF Value™: ¥2.84 vs. price of ¥2.44 (14.1% below fair value)
Industry Position: 61.5% below the Agriculture median (#201 of 249)
No single metric tells the full story. See the SHSE:600423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Liuzhou Chemical Industry Co Ltd is engaged in producing and selling chemical fertilizers. The product line includes - porous ammonium nitrate, sodium nitrite, soda ash, granular ammonium nitrate, industrial sulfur, sodium nitrate, potassium sulfate, urea, ammonium chloride, hydrogen peroxide, compound fertilizer, nitro fertilizer, food-grade carbon dioxide, liquid ammonia, and others.
50GF Score
Get the complete analysis for SHSE:600423
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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