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SHSE:688093'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.63 Med: 18.07 Max: 80.98
Current: 17.21
During the past 9 years, Suzhou Shihua New Material Technology Co's highest Return-on-Tangible-Equity was 80.98%. The lowest was 12.63%. And the median was 18.07%.
SHSE:688093's Return-on-Tangible-Equity is ranked better than 85.22% of 1570
companies
in the Chemicals industry
Industry Median: 5.88
vs SHSE:688093: 17.21
Suzhou Shihua New Material Technology Co (SHSE:688093) 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.
Suzhou Shihua New Material Technology Co Return-on-Tangible-Equity Related Terms
Suzhou Shihua New Material 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.
Suzhou Shihua New Material Technology Co Return-on-Tangible-Equity Chart
Suzhou Shihua New Material Technology Co Annual Data
SHSE:688093 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Suzhou Shihua New Material 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.
Suzhou Shihua New Material Technology Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Suzhou Shihua New Material Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Suzhou Shihua New Material 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 13.11% mean?
Suzhou Shihua New Material Technology Co (SHSE:688093) has a Return-on-Tangible-Equity of 13.11% 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 Suzhou Shihua New Material Technology Co and its competitors. This is 27% below median its historical median of 18.07. Over the past decade, Suzhou Shihua New Material Technology Co's Return-on-Tangible-Equity has ranged from 12.63 to 80.98. According to the industry distribution chart, Suzhou Shihua New Material Technology Co ranks #232 out of 1570 companies in the Chemicals industry, placing it in the top 14.8%.
Is Suzhou Shihua New Material Technology Co's Return-on-Tangible-Equity too high?
Suzhou Shihua New Material Technology Co's current Return-on-Tangible-Equity of 13.11% is 27% below median its 10-year median of 18.07. Over the past 10 years, this metric has ranged from a low of 12.63 to a high of 80.98. The Chemicals industry median Return-on-Tangible-Equity is 5.88. Suzhou Shihua New Material Technology Co's value of 13.11% is 123% above this industry median. Based on the distribution chart, Suzhou Shihua New Material Technology Co ranks #232 out of 1570 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Suzhou Shihua New Material Technology Co has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Suzhou Shihua New Material Technology Co's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Suzhou Shihua New Material Technology Co ranks #232 out of 1570 companies for Return-on-Tangible-Equity. This places Suzhou Shihua New Material Technology Co in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.88. Suzhou Shihua New Material Technology Co's value of 13.11% is 123% above this benchmark. Historically, Suzhou Shihua New Material Technology Co's own Return-on-Tangible-Equity has ranged from 12.63 to 80.98 over the past decade. While the company's 10-year median is 18.07 vs. the industry median of 5.88, Suzhou Shihua New Material 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 5.88, based on 1,570 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. Suzhou Shihua New Material Technology Co's current Return-on-Tangible-Equity of 13.11% is 123% 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 Suzhou Shihua New Material Technology Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suzhou Shihua New Material Technology Co's current Return-on-Tangible-Equity is 13.11%, which is 27% below median its own 10-year median of 18.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Shihua New Material Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Shihua New Material Technology Co (SHSE:688093) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥39.95, compared to a current price of ¥26.81 — trading 32.9% below its estimated fair value. The current Return-on-Tangible-Equity is 13.11%, which is 27% below median its 10-year median of 18.07 and 123% above the Chemicals industry median of 5.88. Suzhou Shihua New Material Technology Co's overall GF Score™ is 89/100 with 4 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 Suzhou Shihua New Material Technology Co (SHSE:688093), the current Return-on-Tangible-Equity is 13.11% 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 Suzhou Shihua New Material Technology Co (SHSE:688093) Overvalued in 2026?
Based on GuruFocus' analysis, Suzhou Shihua New Material Technology Co stock appears to be undervalued.
The current stock price of ¥26.81 is trading 32.9% below its estimated GF Value™ of ¥39.95.
GuruFocus considers Suzhou Shihua New Material Technology Co to be Significantly Undervalued.
Key valuation signals for SHSE:688093:
Return-on-Tangible-Equity: 13.11% (27% below median its 10-year median of 18.07)
GF Value™: ¥39.95 vs. price of ¥26.81 (32.9% below fair value)
Industry Position: 123% above the Chemicals median (#232 of 1570)
No single metric tells the full story. See the SHSE:688093 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suzhou Shihua New Material Technology Co Ltd is engaged in design, development, and manufacturing of functional materials. The copany's products are categorized under Precision Process Material, Multiple Function Material, and Display Module Material. Its products are widely used in consumer electronics, smart wearable devices, new energy vehicles, medical electronics, and other fields, providing customers with a complete application solution.
89GF Score
Get the complete analysis for SHSE:688093
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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