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The historical rank and industry rank for Shanghai Yongguan Adhesive Products's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603681'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.45 Med: 11.96 Max: 18.19
Current: 5.3
During the past 13 years, Shanghai Yongguan Adhesive Products's highest Return-on-Tangible-Equity was 18.19%. The lowest was 3.45%. And the median was 11.96%.
SHSE:603681's Return-on-Tangible-Equity is ranked worse than 53.81% of 1574
companies
in the Chemicals industry
Industry Median: 5.99
vs SHSE:603681: 5.30
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.
Shanghai Yongguan Adhesive Products Return-on-Tangible-Equity Related Terms
Shanghai Yongguan Adhesive Products 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.
SHSE:603681 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Shanghai Yongguan Adhesive Products'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.
Shanghai Yongguan Adhesive Products Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shanghai Yongguan Adhesive Products's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shanghai Yongguan Adhesive Products'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 3.92% mean?
Shanghai Yongguan Adhesive Products (SHSE:603681) has a Return-on-Tangible-Equity of 3.92% 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 Shanghai Yongguan Adhesive Products and its competitors. This is 67% below median its historical median of 11.96. Over the past decade, Shanghai Yongguan Adhesive Products' Return-on-Tangible-Equity has ranged from 3.45 to 18.19. According to the industry distribution chart, Shanghai Yongguan Adhesive Products ranks #847 out of 1574 companies in the Chemicals industry, placing it in the top 53.8%.
Is Shanghai Yongguan Adhesive Products' Return-on-Tangible-Equity too high?
Shanghai Yongguan Adhesive Products' current Return-on-Tangible-Equity of 3.92% is 67% below median its 10-year median of 11.96. Over the past 10 years, this metric has ranged from a low of 3.45 to a high of 18.19. The Chemicals industry median Return-on-Tangible-Equity is 5.99. Shanghai Yongguan Adhesive Products' value of 3.92% is 34.6% below this industry median. Based on the distribution chart, Shanghai Yongguan Adhesive Products ranks #847 out of 1574 companies in the Chemicals industry, which is below the industry midpoint. Overall, Shanghai Yongguan Adhesive Products has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Yongguan Adhesive Products' Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shanghai Yongguan Adhesive Products ranks #847 out of 1574 companies for Return-on-Tangible-Equity. This places Shanghai Yongguan Adhesive Products in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.99. Shanghai Yongguan Adhesive Products' value of 3.92% is 34.6% below this benchmark. Historically, Shanghai Yongguan Adhesive Products' own Return-on-Tangible-Equity has ranged from 3.45 to 18.19 over the past decade. While the company's 10-year median is 11.96 vs. the industry median of 5.99, Shanghai Yongguan Adhesive Products 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 5.99, based on 1,574 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. Shanghai Yongguan Adhesive Products's current Return-on-Tangible-Equity of 3.92% is 34.6% 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 Shanghai Yongguan Adhesive Products and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Yongguan Adhesive Products's current Return-on-Tangible-Equity is 3.92%, which is 67% below median its own 10-year median of 11.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Yongguan Adhesive Products stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Yongguan Adhesive Products (SHSE:603681) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥16.78, compared to a current price of ¥18.65 — trading 11.1% above its estimated fair value. The current Return-on-Tangible-Equity is 3.92%, which is 67% below median its 10-year median of 11.96 and 34.6% below the Chemicals industry median of 5.99. Shanghai Yongguan Adhesive Products' overall GF Score™ is 90/100 with 9 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 Shanghai Yongguan Adhesive Products (SHSE:603681), the current Return-on-Tangible-Equity is 3.92% 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 Shanghai Yongguan Adhesive Products (SHSE:603681) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Yongguan Adhesive Products stock appears to be overvalued.
The current stock price of ¥18.65 is trading 11.1% above its estimated GF Value™ of ¥16.78.
GuruFocus considers Shanghai Yongguan Adhesive Products to be Modestly Overvalued.
Key valuation signals for SHSE:603681:
Return-on-Tangible-Equity: 3.92% (67% below median its 10-year median of 11.96)
GF Value™: ¥16.78 vs. price of ¥18.65 (11.1% above fair value)
Industry Position: 34.6% below the Chemicals median (#847 of 1574)
No single metric tells the full story. See the SHSE:603681 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Yongguan Adhesive Products Corp Ltd provides tape technology and adhesive solutions. The company's products include Self-Adhesive Label, Digital Print Material, Adhesive Tape, Hot Melt Adhesive, Protection Film, and Automotive Film.
90GF Score
Get the complete analysis for SHSE:603681
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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