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The historical rank and industry rank for Jiangsu Boqian New Materials Stock Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:605376'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.1 Med: 16.92 Max: 39.9
Current: 15.49
During the past 12 years, Jiangsu Boqian New Materials Stock Co's highest Return-on-Tangible-Equity was 39.90%. The lowest was -2.10%. And the median was 16.92%.
SHSE:605376's Return-on-Tangible-Equity is ranked better than 83.3% of 1569
companies
in the Chemicals industry
Industry Median: 5.78
vs SHSE:605376: 15.49
Jiangsu Boqian New Materials Stock Co (SHSE:605376) 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.
Jiangsu Boqian New Materials Stock Co Return-on-Tangible-Equity Related Terms
Jiangsu Boqian New Materials Stock 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.
Jiangsu Boqian New Materials Stock Co Return-on-Tangible-Equity Chart
SHSE:605376 vs DOW: Return-on-Tangible-Equity Comparison
For the Chemicals subindustry, Jiangsu Boqian New Materials Stock 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.
Jiangsu Boqian New Materials Stock Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Jiangsu Boqian New Materials Stock Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Jiangsu Boqian New Materials Stock 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 17.41% mean?
Jiangsu Boqian New Materials Stock Co (SHSE:605376) has a Return-on-Tangible-Equity of 17.41% 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 Jiangsu Boqian New Materials Stock Co and its competitors. This is near median its historical median of 16.92. According to the industry distribution chart, Jiangsu Boqian New Materials Stock Co ranks #262 out of 1569 companies in the Chemicals industry, placing it in the top 16.7%.
Is Jiangsu Boqian New Materials Stock Co's Return-on-Tangible-Equity too high?
Jiangsu Boqian New Materials Stock Co's current Return-on-Tangible-Equity of 17.41% is near median its 10-year median of 16.92. The Chemicals industry median Return-on-Tangible-Equity is 5.78. Jiangsu Boqian New Materials Stock Co's value of 17.41% is 201.2% above this industry median. Based on the distribution chart, Jiangsu Boqian New Materials Stock Co ranks #262 out of 1569 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangsu Boqian New Materials Stock Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Boqian New Materials Stock Co's Return-on-Tangible-Equity compare to DOW?
According to the Chemicals industry distribution chart, Jiangsu Boqian New Materials Stock Co ranks #262 out of 1569 companies for Return-on-Tangible-Equity. This places Jiangsu Boqian New Materials Stock Co in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.78. Jiangsu Boqian New Materials Stock Co's value of 17.41% is 201.2% above this benchmark. While the company's 10-year median is 16.92 vs. the industry median of 5.78, Jiangsu Boqian New Materials Stock 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 5.78, based on 1,569 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. Jiangsu Boqian New Materials Stock Co's current Return-on-Tangible-Equity of 17.41% is 201.2% 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 Jiangsu Boqian New Materials Stock Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Boqian New Materials Stock Co's current Return-on-Tangible-Equity is 17.41%, which is near median its own 10-year median of 16.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Boqian New Materials Stock Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Boqian New Materials Stock Co (SHSE:605376) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥63.40, compared to a current price of ¥137.87 — trading 117.5% above its estimated fair value. The current Return-on-Tangible-Equity is 17.41%, which is near median its 10-year median of 16.92 and 201.2% above the Chemicals industry median of 5.78. Jiangsu Boqian New Materials Stock Co's overall GF Score™ is 71/100 with 5 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 Jiangsu Boqian New Materials Stock Co (SHSE:605376), the current Return-on-Tangible-Equity is 17.41% 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 Jiangsu Boqian New Materials Stock Co (SHSE:605376) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Boqian New Materials Stock Co stock appears to be overvalued.
The current stock price of ¥137.87 is trading 117.5% above its estimated GF Value™ of ¥63.40.
GuruFocus considers Jiangsu Boqian New Materials Stock Co to be Significantly Overvalued.
Key valuation signals for SHSE:605376:
Return-on-Tangible-Equity: 17.41% (near median its 10-year median of 16.92)
GF Value™: ¥63.40 vs. price of ¥137.87 (117.5% above fair value)
Industry Position: 201.2% above the Chemicals median (#262 of 1569)
No single metric tells the full story. See the SHSE:605376 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Boqian New Materials Stock Co Business Description
Jiangsu Boqian New Materials Stock Co Ltd is engaged in the production and sales of high-end nano-metal powder materials. The company offers pure metal powder, binary alloy powder, ternary alloy powder and other powder materials.
71GF Score
Get the complete analysis for SHSE:605376
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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