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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. Zhejiang Wanfeng Chemical Co's annualized net income for the quarter that ended in Mar. 2026 was ¥55.8 Mil. Zhejiang Wanfeng Chemical Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥967.8 Mil. Therefore, Zhejiang Wanfeng Chemical Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.77%.
The historical rank and industry rank for Zhejiang Wanfeng Chemical Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603172'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.13 Med: 12.42 Max: 29.74
Current: 5.46
During the past 7 years, Zhejiang Wanfeng Chemical Co's highest Return-on-Tangible-Equity was 29.74%. The lowest was 4.13%. And the median was 12.42%.
SHSE:603172's Return-on-Tangible-Equity is ranked worse than 51.88% of 1567
companies
in the Chemicals industry
Industry Median: 5.81
vs SHSE:603172: 5.46
Zhejiang Wanfeng Chemical Co (SHSE:603172) 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.
Zhejiang Wanfeng Chemical Co Return-on-Tangible-Equity Related Terms
Zhejiang Wanfeng Chemical 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.
Zhejiang Wanfeng Chemical Co Return-on-Tangible-Equity Chart
SHSE:603172 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Zhejiang Wanfeng Chemical 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.
Zhejiang Wanfeng Chemical Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Zhejiang Wanfeng Chemical Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zhejiang Wanfeng Chemical 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 5.77% mean?
Zhejiang Wanfeng Chemical Co (SHSE:603172) has a Return-on-Tangible-Equity of 5.77% 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 Zhejiang Wanfeng Chemical Co and its competitors. This is 54% below median its historical median of 12.42. Over the past decade, Zhejiang Wanfeng Chemical Co's Return-on-Tangible-Equity has ranged from 4.13 to 29.74. According to the industry distribution chart, Zhejiang Wanfeng Chemical Co ranks #813 out of 1567 companies in the Chemicals industry, placing it in the top 51.9%.
Is Zhejiang Wanfeng Chemical Co's Return-on-Tangible-Equity too high?
Zhejiang Wanfeng Chemical Co's current Return-on-Tangible-Equity of 5.77% is 54% below median its 10-year median of 12.42. Over the past 10 years, this metric has ranged from a low of 4.13 to a high of 29.74. The Chemicals industry median Return-on-Tangible-Equity is 5.81. Zhejiang Wanfeng Chemical Co's value of 5.77% is 0.7% below this industry median. Based on the distribution chart, Zhejiang Wanfeng Chemical Co ranks #813 out of 1567 companies in the Chemicals industry, which is below the industry midpoint. Overall, Zhejiang Wanfeng Chemical Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Wanfeng Chemical Co's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Zhejiang Wanfeng Chemical Co ranks #813 out of 1567 companies for Return-on-Tangible-Equity. This places Zhejiang Wanfeng Chemical Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.81. Zhejiang Wanfeng Chemical Co's value of 5.77% is 0.7% below this benchmark. Historically, Zhejiang Wanfeng Chemical Co's own Return-on-Tangible-Equity has ranged from 4.13 to 29.74 over the past decade. While the company's 10-year median is 12.42 vs. the industry median of 5.81, Zhejiang Wanfeng Chemical 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 5.81, based on 1,567 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. Zhejiang Wanfeng Chemical Co's current Return-on-Tangible-Equity of 5.77% is 0.7% 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 Zhejiang Wanfeng Chemical Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Wanfeng Chemical Co's current Return-on-Tangible-Equity is 5.77%, which is 54% below median its own 10-year median of 12.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Wanfeng Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Wanfeng Chemical Co (SHSE:603172) is currently considered Fairly Valued. The stock's GF Value™ is ¥15.70, compared to a current price of ¥15.51 — trading 1.2% below its estimated fair value. The current Return-on-Tangible-Equity is 5.77%, which is 54% below median its 10-year median of 12.42 and 0.7% below the Chemicals industry median of 5.81. Zhejiang Wanfeng Chemical Co's overall GF Score™ is 64/100 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 Zhejiang Wanfeng Chemical Co (SHSE:603172), the current Return-on-Tangible-Equity is 5.77% 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.
Is Zhejiang Wanfeng Chemical Co (SHSE:603172) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Wanfeng Chemical Co stock appears to be undervalued.
The current stock price of ¥15.51 is trading 1.2% below its estimated GF Value™ of ¥15.70.
GuruFocus considers Zhejiang Wanfeng Chemical Co to be Fairly Valued.
Key valuation signals for SHSE:603172:
Return-on-Tangible-Equity: 5.77% (54% below median its 10-year median of 12.42)
GF Value™: ¥15.70 vs. price of ¥15.51 (1.2% below fair value)
Industry Position: 0.7% below the Chemicals median (#813 of 1567)
No single metric tells the full story. See the SHSE:603172 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Wanfeng Chemical Co Ltd is a national high-tech enterprise specializing in research, development, production, and sales of high-end disperse dyes and filter cakes. The company specializes in green textile products with high color fastness, such as those requiring high washability. Its main product lines include the high-wash WF-XF series, high-wash WF-PUD series, and high-wash WF-PT series, as well as the alkali-resistant WF-ALK series, the super-alkali-resistant SA series, the high-sublimation-fastness WF-GSH series, the printing P series, and specialty product lines, meeting the needs of the mid-to-high-end textile printing and dyeing market.
64GF Score
Get the complete analysis for SHSE:603172
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