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Zhejiang Huangma Technology CoSHSE:603181 +2.16%87 Return-on-Tangible-Equity is 13.66% as of Mar. 2026, which is 17% below its 10-year median of 16.52. GuruFocus rates SHSE:603181 with a GF Score™ of 87/100 and a GF Value™ of ¥13.69 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,568 Chemicals companies, Zhejiang Huangma Technology Co ranks better than 80.68% 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. Zhejiang Huangma Technology Co's annualized net income for the quarter that ended in Mar. 2026 was ¥450 Mil. Zhejiang Huangma Technology Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥3,291 Mil. Therefore, Zhejiang Huangma Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.66%.
The historical rank and industry rank for Zhejiang Huangma Technology Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603181'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.29 Med: 16.52 Max: 23.31
Current: 14.32
During the past 13 years, Zhejiang Huangma Technology Co's highest Return-on-Tangible-Equity was 23.31%. The lowest was 13.29%. And the median was 16.52%.
SHSE:603181's Return-on-Tangible-Equity is ranked better than 80.68% of 1568
companies
in the Chemicals industry
Industry Median: 5.785
vs SHSE:603181: 14.32
Zhejiang Huangma Technology Co (SHSE:603181) 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 Huangma Technology Co Return-on-Tangible-Equity Related Terms
Zhejiang Huangma Technology 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 Huangma Technology Co Return-on-Tangible-Equity Chart
SHSE:603181 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Zhejiang Huangma Technology 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 Huangma Technology Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Zhejiang Huangma Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zhejiang Huangma Technology 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 13.66% mean?
Zhejiang Huangma Technology Co (SHSE:603181) has a Return-on-Tangible-Equity of 13.66% 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 Huangma Technology Co and its competitors. This is 17% below median its historical median of 16.52. Over the past decade, Zhejiang Huangma Technology Co's Return-on-Tangible-Equity has ranged from 13.29 to 23.31. According to the industry distribution chart, Zhejiang Huangma Technology Co ranks #303 out of 1568 companies in the Chemicals industry, placing it in the top 19.3%.
Is Zhejiang Huangma Technology Co's Return-on-Tangible-Equity too high?
Zhejiang Huangma Technology Co's current Return-on-Tangible-Equity of 13.66% is 17% below median its 10-year median of 16.52. Over the past 10 years, this metric has ranged from a low of 13.29 to a high of 23.31. The Chemicals industry median Return-on-Tangible-Equity is 5.79. Zhejiang Huangma Technology Co's value of 13.66% is 136.1% above this industry median. Based on the distribution chart, Zhejiang Huangma Technology Co ranks #303 out of 1568 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Huangma Technology Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Huangma Technology Co's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Zhejiang Huangma Technology Co ranks #303 out of 1568 companies for Return-on-Tangible-Equity. This places Zhejiang Huangma Technology Co in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.79. Zhejiang Huangma Technology Co's value of 13.66% is 136.1% above this benchmark. Historically, Zhejiang Huangma Technology Co's own Return-on-Tangible-Equity has ranged from 13.29 to 23.31 over the past decade. While the company's 10-year median is 16.52 vs. the industry median of 5.79, Zhejiang Huangma Technology Co has consistently been above 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. Zhejiang Huangma Technology Co's current Return-on-Tangible-Equity of 13.66% is 136.1% above 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 Huangma Technology 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. Zhejiang Huangma Technology Co's current Return-on-Tangible-Equity is 13.66%, which is 17% below median its own 10-year median of 16.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Huangma Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Huangma Technology Co (SHSE:603181) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.69, compared to a current price of ¥12.30 — trading 10.2% below its estimated fair value. The current Return-on-Tangible-Equity is 13.66%, which is 17% below median its 10-year median of 16.52 and 136.1% above the Chemicals industry median of 5.79. Zhejiang Huangma Technology Co's overall GF Score™ is 87/100 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 Huangma Technology Co (SHSE:603181), the current Return-on-Tangible-Equity is 13.66% 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 Huangma Technology Co (SHSE:603181) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Huangma Technology Co stock appears to be undervalued.
The current stock price of ¥12.30 is trading 10.2% below its estimated GF Value™ of ¥13.69.
GuruFocus considers Zhejiang Huangma Technology Co to be Modestly Undervalued.
Key valuation signals for SHSE:603181:
Return-on-Tangible-Equity: 13.66% (17% below median its 10-year median of 16.52)
GF Value™: ¥13.69 vs. price of ¥12.30 (10.2% below fair value)
Industry Position: 136.1% above the Chemicals median (#303 of 1568)
No single metric tells the full story. See the SHSE:603181 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Huangma Technology Co Business Description
Zhejiang Huangma Technology Co Ltd is focused on the development, production and sales of speciality surfactants. Its product offering includes more than 1,200 products in the chemical fibre Oil olate, printing and textile auxiliaries plate, lubricant and metalworking fluids plate, water reducing agent plate, coating plate, silicones surfactant plate, pesticide auxiliary plate, water treatment plate, personal care plate and other surfactant plates. The products are widely applied to silicone, lubricants and metal processing, environmentally friendly coatings, composite new materials, special fibres, agrochemical additives and other downstream areas.
87GF Score
Get the complete analysis for SHSE:603181
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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