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The historical rank and industry rank for Argus (Shanghai) Textile Chemicals Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603790'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.95 Med: 6.56 Max: 21.92
Current: 7.05
During the past 12 years, Argus (Shanghai) Textile Chemicals Co's highest Return-on-Tangible-Equity was 21.92%. The lowest was 3.95%. And the median was 6.56%.
SHSE:603790's Return-on-Tangible-Equity is ranked better than 54.35% of 1575
companies
in the Chemicals industry
Industry Median: 6.1
vs SHSE:603790: 7.05
Argus (Shanghai) Textile Chemicals Co (SHSE:603790) 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.
Argus (Shanghai) Textile Chemicals Co Return-on-Tangible-Equity Related Terms
Argus (Shanghai) Textile Chemicals 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.
Argus (Shanghai) Textile Chemicals Co Return-on-Tangible-Equity Chart
SHSE:603790 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Argus (Shanghai) Textile Chemicals 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.
Argus (Shanghai) Textile Chemicals Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Argus (Shanghai) Textile Chemicals Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Argus (Shanghai) Textile Chemicals 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 12.44% mean?
Argus (Shanghai) Textile Chemicals Co (SHSE:603790) has a Return-on-Tangible-Equity of 12.44% 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 Argus (Shanghai) Textile Chemicals Co and its competitors. This is 90% above median its historical median of 6.56. Over the past decade, Argus (Shanghai) Textile Chemicals Co's Return-on-Tangible-Equity has ranged from 3.95 to 21.92. According to the industry distribution chart, Argus (Shanghai) Textile Chemicals Co ranks #719 out of 1575 companies in the Chemicals industry, placing it in the top 45.7%.
Is Argus (Shanghai) Textile Chemicals Co's Return-on-Tangible-Equity too high?
Argus (Shanghai) Textile Chemicals Co's current Return-on-Tangible-Equity of 12.44% is 90% above median its 10-year median of 6.56. Over the past 10 years, this metric has ranged from a low of 3.95 to a high of 21.92. The Chemicals industry median Return-on-Tangible-Equity is 6.10. Argus (Shanghai) Textile Chemicals Co's value of 12.44% is 103.9% above this industry median. Based on the distribution chart, Argus (Shanghai) Textile Chemicals Co ranks #719 out of 1575 companies in the Chemicals industry, which is above the industry midpoint. Overall, Argus (Shanghai) Textile Chemicals Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argus (Shanghai) Textile Chemicals Co's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Argus (Shanghai) Textile Chemicals Co ranks #719 out of 1575 companies for Return-on-Tangible-Equity. This puts Argus (Shanghai) Textile Chemicals Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.10. Argus (Shanghai) Textile Chemicals Co's value of 12.44% is 103.9% above this benchmark. Historically, Argus (Shanghai) Textile Chemicals Co's own Return-on-Tangible-Equity has ranged from 3.95 to 21.92 over the past decade. While the company's 10-year median is 6.56 vs. the industry median of 6.10, Argus (Shanghai) Textile Chemicals 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 6.10, based on 1,575 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. Argus (Shanghai) Textile Chemicals Co's current Return-on-Tangible-Equity of 12.44% is 103.9% 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 Argus (Shanghai) Textile Chemicals Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 6.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argus (Shanghai) Textile Chemicals Co's current Return-on-Tangible-Equity is 12.44%, which is 90% above median its own 10-year median of 6.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argus (Shanghai) Textile Chemicals Co stock overvalued right now?
Based on GuruFocus' analysis, Argus (Shanghai) Textile Chemicals Co (SHSE:603790) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥16.83, compared to a current price of ¥28.29 — trading 68.1% above its estimated fair value. The current Return-on-Tangible-Equity is 12.44%, which is 90% above median its 10-year median of 6.56 and 103.9% above the Chemicals industry median of 6.10. Argus (Shanghai) Textile Chemicals Co's overall GF Score™ is 75/100. 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 Argus (Shanghai) Textile Chemicals Co (SHSE:603790), the current Return-on-Tangible-Equity is 12.44% 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 Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Overvalued in 2026?
Based on GuruFocus' analysis, Argus (Shanghai) Textile Chemicals Co stock appears to be overvalued.
The current stock price of ¥28.29 is trading 68.1% above its estimated GF Value™ of ¥16.83.
GuruFocus considers Argus (Shanghai) Textile Chemicals Co to be Significantly Overvalued.
Key valuation signals for SHSE:603790:
Return-on-Tangible-Equity: 12.44% (90% above median its 10-year median of 6.56)
GF Value™: ¥16.83 vs. price of ¥28.29 (68.1% above fair value)
Industry Position: 103.9% above the Chemicals median (#719 of 1575)
No single metric tells the full story. See the SHSE:603790 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Argus (Shanghai) Textile Chemicals Co Ltd is a company that manufactures dyes. The company is specialized in the research and development, manufacturing and marketing of textile chemicals and providing technical support services for several specialties. It offers Dyes for cellulose, polyamide, wool, polyester, and silk. While its other products categories include Argasoft products and other auxiliary services related to dying.
75GF Score
Get the complete analysis for SHSE:603790
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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