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Zhejiang Yonghe Refrigerant CoSHSE:605020 -1.61%86 Return-on-Tangible-Equity is 25.28% as of Jun. 2026, which is 74% above its 10-year median of 14.49. GuruFocus rates SHSE:605020 with a GF Score™ of 86/100 and a GF Value™ of ¥26.78 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,581 Chemicals companies, Zhejiang Yonghe Refrigerant Co ranks better than 81.53% 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 Yonghe Refrigerant Co's annualized net income for the quarter that ended in Jun. 2026 was ¥1,330 Mil. Zhejiang Yonghe Refrigerant Co's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ¥0 Mil. Therefore, Zhejiang Yonghe Refrigerant Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was N/A%.
The historical rank and industry rank for Zhejiang Yonghe Refrigerant Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:605020'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.34 Med: 14.49 Max: 19.07
Current: 16.35
During the past 8 years, Zhejiang Yonghe Refrigerant Co's highest Return-on-Tangible-Equity was 19.07%. The lowest was 8.34%. And the median was 14.49%.
SHSE:605020's Return-on-Tangible-Equity is ranked better than 81.53% of 1581
companies
in the Chemicals industry
Industry Median: 6.97
vs SHSE:605020: 16.35
Zhejiang Yonghe Refrigerant Co (SHSE:605020) 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 Yonghe Refrigerant Co Return-on-Tangible-Equity Related Terms
Zhejiang Yonghe Refrigerant 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 Yonghe Refrigerant Co Return-on-Tangible-Equity Chart
SHSE:605020 vs DOW: Return-on-Tangible-Equity Comparison
For the Chemicals subindustry, Zhejiang Yonghe Refrigerant 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 Yonghe Refrigerant Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Zhejiang Yonghe Refrigerant Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zhejiang Yonghe Refrigerant 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 25.28% mean?
Zhejiang Yonghe Refrigerant Co (SHSE:605020) has a Return-on-Tangible-Equity of 25.28% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Zhejiang Yonghe Refrigerant Co and its competitors. This is 74% above median its historical median of 14.49. Over the past decade, Zhejiang Yonghe Refrigerant Co's Return-on-Tangible-Equity has ranged from 8.34 to 19.07. According to the industry distribution chart, Zhejiang Yonghe Refrigerant Co ranks #292 out of 1581 companies in the Chemicals industry, placing it in the top 18.5%.
Is Zhejiang Yonghe Refrigerant Co's Return-on-Tangible-Equity too high?
Zhejiang Yonghe Refrigerant Co's current Return-on-Tangible-Equity of 25.28% is 74% above median its 10-year median of 14.49. Over the past 10 years, this metric has ranged from a low of 8.34 to a high of 19.07. The Chemicals industry median Return-on-Tangible-Equity is 6.97. Zhejiang Yonghe Refrigerant Co's value of 25.28% is 262.7% above this industry median. Based on the distribution chart, Zhejiang Yonghe Refrigerant Co ranks #292 out of 1581 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Yonghe Refrigerant Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Yonghe Refrigerant Co's Return-on-Tangible-Equity compare to DOW?
According to the Chemicals industry distribution chart, Zhejiang Yonghe Refrigerant Co ranks #292 out of 1581 companies for Return-on-Tangible-Equity. This places Zhejiang Yonghe Refrigerant Co in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.97. Zhejiang Yonghe Refrigerant Co's value of 25.28% is 262.7% above this benchmark. Historically, Zhejiang Yonghe Refrigerant Co's own Return-on-Tangible-Equity has ranged from 8.34 to 19.07 over the past decade. While the company's 10-year median is 14.49 vs. the industry median of 6.97, Zhejiang Yonghe Refrigerant 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 6.97, based on 1,581 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 Yonghe Refrigerant Co's current Return-on-Tangible-Equity of 25.28% is 262.7% 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 Yonghe Refrigerant Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 6.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Yonghe Refrigerant Co's current Return-on-Tangible-Equity is 25.28%, which is 74% above median its own 10-year median of 14.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Yonghe Refrigerant Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Yonghe Refrigerant Co (SHSE:605020) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥26.78, compared to a current price of ¥31.70 — trading 18.4% above its estimated fair value. The current Return-on-Tangible-Equity is 25.28%, which is 74% above median its 10-year median of 14.49 and 262.7% above the Chemicals industry median of 6.97. Zhejiang Yonghe Refrigerant Co's overall GF Score™ is 86/100 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 Yonghe Refrigerant Co (SHSE:605020), the current Return-on-Tangible-Equity is 25.28% as of Jun. 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 Yonghe Refrigerant Co (SHSE:605020) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Yonghe Refrigerant Co stock appears to be overvalued.
The current stock price of ¥31.70 is trading 18.4% above its estimated GF Value™ of ¥26.78.
GuruFocus considers Zhejiang Yonghe Refrigerant Co to be Modestly Overvalued.
Key valuation signals for SHSE:605020:
Return-on-Tangible-Equity: 25.28% (74% above median its 10-year median of 14.49)
GF Value™: ¥26.78 vs. price of ¥31.70 (18.4% above fair value)
Industry Position: 262.7% above the Chemicals median (#292 of 1581)
No single metric tells the full story. See the SHSE:605020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Yonghe Refrigerant Co Ltd is engaged in the research and development, production, and sales of fluorine chemicals. The product chain covers fluorite resources, hydrofluoric acid, fluorocarbon chemicals, fluorine-containing polymer materials and others.
86GF Score
Get the complete analysis for SHSE:605020
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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