Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Techstorm Advanced MaterialSHSE:601026 +6.35%30 Return-on-Tangible-Equity is 4.77% as of Mar. 2026, which is 51% below its 10-year median of 9.70. GuruFocus rates SHSE:601026 with a GF Score™ of 30/100. The stock has 3 warning signs investors should review. Among 1,568 Chemicals companies, Techstorm Advanced Material ranks better than 66.07% 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. Techstorm Advanced Material's annualized net income for the quarter that ended in Mar. 2026 was ¥124 Mil. Techstorm Advanced Material's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥2,591 Mil. Therefore, Techstorm Advanced Material's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.77%.
The historical rank and industry rank for Techstorm Advanced Material's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:601026'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.15 Med: 9.7 Max: 15.94
Current: 9.36
During the past 6 years, Techstorm Advanced Material's highest Return-on-Tangible-Equity was 15.94%. The lowest was 9.15%. And the median was 9.70%.
SHSE:601026's Return-on-Tangible-Equity is ranked better than 66.07% of 1568
companies
in the Chemicals industry
Industry Median: 5.785
vs SHSE:601026: 9.36
Techstorm Advanced Material (SHSE:601026) 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.
Techstorm Advanced Material Return-on-Tangible-Equity Related Terms
Techstorm Advanced Material 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.
Techstorm Advanced Material Return-on-Tangible-Equity Chart
SHSE:601026 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Techstorm Advanced Material'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.
Techstorm Advanced Material Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Techstorm Advanced Material's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Techstorm Advanced Material'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 4.77% mean?
Techstorm Advanced Material (SHSE:601026) has a Return-on-Tangible-Equity of 4.77% 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 Techstorm Advanced Material and its competitors. This is 51% below median its historical median of 9.70. Over the past decade, Techstorm Advanced Material's Return-on-Tangible-Equity has ranged from 9.15 to 15.94. According to the industry distribution chart, Techstorm Advanced Material ranks #532 out of 1568 companies in the Chemicals industry, placing it in the top 33.9%.
Is Techstorm Advanced Material's Return-on-Tangible-Equity too high?
Techstorm Advanced Material's current Return-on-Tangible-Equity of 4.77% is 51% below median its 10-year median of 9.70. Over the past 10 years, this metric has ranged from a low of 9.15 to a high of 15.94. The Chemicals industry median Return-on-Tangible-Equity is 5.79. Techstorm Advanced Material's value of 4.77% is 17.5% below this industry median. Based on the distribution chart, Techstorm Advanced Material ranks #532 out of 1568 companies in the Chemicals industry, which is above the industry midpoint. Overall, Techstorm Advanced Material has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Techstorm Advanced Material's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Techstorm Advanced Material ranks #532 out of 1568 companies for Return-on-Tangible-Equity. This puts Techstorm Advanced Material in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.79. Techstorm Advanced Material's value of 4.77% is 17.5% below this benchmark. Historically, Techstorm Advanced Material's own Return-on-Tangible-Equity has ranged from 9.15 to 15.94 over the past decade. While the company's 10-year median is 9.70 vs. the industry median of 5.79, Techstorm Advanced Material 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. Techstorm Advanced Material's current Return-on-Tangible-Equity of 4.77% is 17.5% 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 Techstorm Advanced Material 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. Techstorm Advanced Material's current Return-on-Tangible-Equity is 4.77%, which is 51% below median its own 10-year median of 9.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techstorm Advanced Material stock overvalued right now?
Techstorm Advanced Material (SHSE:601026) has a current Return-on-Tangible-Equity of 4.77%. The current Return-on-Tangible-Equity is 4.77%, which is 51% below median its 10-year median of 9.70 and 17.5% below the Chemicals industry median of 5.79. Techstorm Advanced Material's overall GF Score™ is 30/100 with 3 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 Techstorm Advanced Material (SHSE:601026), the current Return-on-Tangible-Equity is 4.77% 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.
Techstorm Advanced Material Corp Ltd is engaged in the manufacturing and development of chemical products related to: Wind Energy, Composites, Automotive, Electric, and Photovoltaic. Its products are Adhesives (Onshore, Offshore), Various auxiliary adhesive systems, Gas cylinder wound resin, Cable mandrel pultrusion resin, Silicone sealant for solar photovoltaic modules, and Others.
30GF Score
Get the complete analysis for SHSE:601026
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:601026 has been successfully added to your 
