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Hebei Jinniu Chemical Industry CoSHSE:600722 +6.06%56 Return-on-Tangible-Equity is 4.22% as of Mar. 2026, which is 7% above its 10-year median of 3.96. GuruFocus rates SHSE:600722 with a GF Score™ of 56/100 and a GF Value™ of ¥4.17 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,568 Chemicals companies, Hebei Jinniu Chemical Industry Co ranks worse than 60.4% on this metric.
The historical rank and industry rank for Hebei Jinniu Chemical Industry Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600722'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1 Med: 3.96 Max: 6.32
Current: 3.9
During the past 13 years, Hebei Jinniu Chemical Industry Co's highest Return-on-Tangible-Equity was 6.32%. The lowest was 1.00%. And the median was 3.96%.
SHSE:600722's Return-on-Tangible-Equity is ranked worse than 60.4% of 1568
companies
in the Chemicals industry
Industry Median: 5.785
vs SHSE:600722: 3.90
Hebei Jinniu Chemical Industry Co (SHSE:600722) 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.
Hebei Jinniu Chemical Industry Co Return-on-Tangible-Equity Related Terms
Hebei Jinniu 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.
Hebei Jinniu Chemical Industry Co Return-on-Tangible-Equity Chart
SHSE:600722 vs DOW: Return-on-Tangible-Equity Comparison
For the Chemicals subindustry, Hebei Jinniu 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.
Hebei Jinniu Chemical Industry Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Hebei Jinniu Chemical Industry Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hebei Jinniu 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 4.22% mean?
Hebei Jinniu Chemical Industry Co (SHSE:600722) has a Return-on-Tangible-Equity of 4.22% 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 Hebei Jinniu Chemical Industry Co and its competitors. This is near median its historical median of 3.96. Over the past decade, Hebei Jinniu Chemical Industry Co's Return-on-Tangible-Equity has ranged from 1.00 to 6.32. According to the industry distribution chart, Hebei Jinniu Chemical Industry Co ranks #947 out of 1568 companies in the Chemicals industry, placing it in the top 60.4%.
Is Hebei Jinniu Chemical Industry Co's Return-on-Tangible-Equity too high?
Hebei Jinniu Chemical Industry Co's current Return-on-Tangible-Equity of 4.22% is near median its 10-year median of 3.96. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.32. The Chemicals industry median Return-on-Tangible-Equity is 5.79. Hebei Jinniu Chemical Industry Co's value of 4.22% is 27.1% below this industry median. Based on the distribution chart, Hebei Jinniu Chemical Industry Co ranks #947 out of 1568 companies in the Chemicals industry, which is below the industry midpoint. Overall, Hebei Jinniu Chemical Industry Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hebei Jinniu Chemical Industry Co's Return-on-Tangible-Equity compare to DOW?
According to the Chemicals industry distribution chart, Hebei Jinniu Chemical Industry Co ranks #947 out of 1568 companies for Return-on-Tangible-Equity. This places Hebei Jinniu Chemical Industry Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.79. Hebei Jinniu Chemical Industry Co's value of 4.22% is 27.1% below this benchmark. Historically, Hebei Jinniu Chemical Industry Co's own Return-on-Tangible-Equity has ranged from 1.00 to 6.32 over the past decade. While the company's 10-year median is 3.96 vs. the industry median of 5.79, Hebei Jinniu 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 a Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.79, based on 1,568 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. Hebei Jinniu Chemical Industry Co's current Return-on-Tangible-Equity of 4.22% is 27.1% 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 Hebei Jinniu Chemical Industry Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hebei Jinniu Chemical Industry Co's current Return-on-Tangible-Equity is 4.22%, which is near median its own 10-year median of 3.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hebei Jinniu Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Hebei Jinniu Chemical Industry Co (SHSE:600722) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.17, compared to a current price of ¥11.56 — trading 177.2% above its estimated fair value. The current Return-on-Tangible-Equity is 4.22%, which is near median its 10-year median of 3.96 and 27.1% below the Chemicals industry median of 5.79. Hebei Jinniu Chemical Industry Co's overall GF Score™ is 56/100 with 1 warning sign 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 Hebei Jinniu Chemical Industry Co (SHSE:600722), the current Return-on-Tangible-Equity is 4.22% 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 Hebei Jinniu Chemical Industry Co (SHSE:600722) Overvalued in 2026?
Based on GuruFocus' analysis, Hebei Jinniu Chemical Industry Co stock appears to be overvalued.
The current stock price of ¥11.56 is trading 177.2% above its estimated GF Value™ of ¥4.17.
GuruFocus considers Hebei Jinniu Chemical Industry Co to be Significantly Overvalued.
Key valuation signals for SHSE:600722:
Return-on-Tangible-Equity: 4.22% (near median its 10-year median of 3.96)
GF Value™: ¥4.17 vs. price of ¥11.56 (177.2% above fair value)
Industry Position: 27.1% below the Chemicals median (#947 of 1568)
No single metric tells the full story. See the SHSE:600722 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hebei Jinniu Chemical Industry Co Business Description
Hebei Jinniu Chemical Industry Co Ltd is engaged in the manufacturing and sales of acetylene, hydrogen chloride gas, vinyl chloride, hydrochloric acid, compressed air, nitrogen, caustic soda, liquid chlorine, hydrogen, hydrochloric acid, sodium hypochlorite, and sulfuric acid.
56GF Score
Get the complete analysis for SHSE:600722
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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