Xi'an Manareco New Materials Co (SHSE:688550) Return-on-Tangible-Equity: 5.46% (As of Mar. 2026) — 48% Below Median

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SHSE:688550 Xi'an Manareco New Materials Co Ltd SHSE:688550
91 GF Score
Price ¥41.30
GF Value ¥39.34
Valuation Fairly Valued
! 1 Warning Sign
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What is Xi'an Manareco New Materials Co Return-on-Tangible-Equity?

Xi'an Manareco New Materials Co SHSE:688550 +1.47% 91 Return-on-Tangible-Equity is 5.46% as of Mar. 2026, which is 48% below its 10-year median of 10.40. GuruFocus rates SHSE:688550 with a GF Score™ of 91/100 and a GF Value™ of ¥39.34 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,568 Chemicals companies, Xi'an Manareco New Materials Co ranks better than 68.18% 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. Xi'an Manareco New Materials Co's annualized net income for the quarter that ended in Mar. 2026 was ¥175 Mil. Xi'an Manareco New Materials Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥3,198 Mil. Therefore, Xi'an Manareco New Materials Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.46%.

The historical rank and industry rank for Xi'an Manareco New Materials Co's Return-on-Tangible-Equity or its related term are showing as below:

SHSE:688550' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.63   Med: 10.4   Max: 25.27
Current: 9.94

During the past 13 years, Xi'an Manareco New Materials Co's highest Return-on-Tangible-Equity was 25.27%. The lowest was 4.63%. And the median was 10.40%.

SHSE:688550's Return-on-Tangible-Equity is ranked better than
68.18% of 1568 companies
in the Chemicals industry
Industry Median: 5.785 vs SHSE:688550: 9.94

Xi'an Manareco New Materials Co  (SHSE:688550) 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.


Xi'an Manareco New Materials Co Return-on-Tangible-Equity Related Terms


Xi'an Manareco New Materials Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Xi'an Manareco New Materials Co's Return-on-Tangible-Equity can be seen below:

* 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.

Xi'an Manareco New Materials Co Return-on-Tangible-Equity Chart

Xi'an Manareco New Materials Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.75 8.60 4.63 8.69 10.17

Xi'an Manareco New Materials Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.23 16.22 15.01 3.62 5.46

SHSE:688550 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison

For the Specialty Chemicals subindustry, Xi'an Manareco New Materials 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.


Xi'an Manareco New Materials Co Return-on-Tangible-Equity vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Xi'an Manareco New Materials Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Xi'an Manareco New Materials Co's Return-on-Tangible-Equity falls into.


SHSE:688550
91GF Score
Xi'an Manareco New Materials Co Ltd SHSE:688550
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xi'an Manareco New Materials Co Return-on-Tangible-Equity Calculation

Xi'an Manareco New Materials Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=309.28/( (2910.608+3171.163 )/ 2 )
=309.28/3040.8855
=10.17 %

Xi'an Manareco New Materials Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=174.612/( (3171.163+3224.854)/ 2 )
=174.612/3198.0085
=5.46 %

* 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 5.46% mean?
Xi'an Manareco New Materials Co (SHSE:688550) has a Return-on-Tangible-Equity of 5.46% 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 Xi'an Manareco New Materials Co and its competitors. This is 48% below median its historical median of 10.40. Over the past decade, Xi'an Manareco New Materials Co's Return-on-Tangible-Equity has ranged from 4.63 to 25.27. According to the industry distribution chart, Xi'an Manareco New Materials Co ranks #499 out of 1568 companies in the Chemicals industry, placing it in the top 31.8%.
Is Xi'an Manareco New Materials Co's Return-on-Tangible-Equity too high?
Xi'an Manareco New Materials Co's current Return-on-Tangible-Equity of 5.46% is 48% below median its 10-year median of 10.40. Over the past 10 years, this metric has ranged from a low of 4.63 to a high of 25.27. The Chemicals industry median Return-on-Tangible-Equity is 5.79. Xi'an Manareco New Materials Co's value of 5.46% is 5.6% below this industry median. Based on the distribution chart, Xi'an Manareco New Materials Co ranks #499 out of 1568 companies in the Chemicals industry, which is above the industry midpoint. Overall, Xi'an Manareco New Materials Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Xi'an Manareco New Materials Co's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Xi'an Manareco New Materials Co ranks #499 out of 1568 companies for Return-on-Tangible-Equity. This puts Xi'an Manareco New Materials Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.79. Xi'an Manareco New Materials Co's value of 5.46% is 5.6% below this benchmark. Historically, Xi'an Manareco New Materials Co's own Return-on-Tangible-Equity has ranged from 4.63 to 25.27 over the past decade. While the company's 10-year median is 10.40 vs. the industry median of 5.79, Xi'an Manareco New Materials Co 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 5.79, based on 1,568 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. Xi'an Manareco New Materials Co's current Return-on-Tangible-Equity of 5.46% is 5.6% 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 Xi'an Manareco New Materials Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xi'an Manareco New Materials Co's current Return-on-Tangible-Equity is 5.46%, which is 48% below median its own 10-year median of 10.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xi'an Manareco New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Xi'an Manareco New Materials Co (SHSE:688550) is currently considered Fairly Valued. The stock's GF Value™ is ¥39.34, compared to a current price of ¥41.30 — trading 5% above its estimated fair value. The current Return-on-Tangible-Equity is 5.46%, which is 48% below median its 10-year median of 10.40 and 5.6% below the Chemicals industry median of 5.79. Xi'an Manareco New Materials Co's overall GF Score™ is 91/100 with 1 warning sign 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 Xi'an Manareco New Materials Co (SHSE:688550), the current Return-on-Tangible-Equity is 5.46% 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 Xi'an Manareco New Materials Co (SHSE:688550) Overvalued in 2026?

Based on GuruFocus' analysis, Xi'an Manareco New Materials Co stock appears to be overvalued. The current stock price of ¥41.30 is trading 5% above its estimated GF Value™ of ¥39.34. GuruFocus considers Xi'an Manareco New Materials Co to be Fairly Valued.

Key valuation signals for SHSE:688550:

  • Return-on-Tangible-Equity: 5.46% (48% below median its 10-year median of 10.40)
  • GF Value™: ¥39.34 vs. price of ¥41.30 (5% above fair value)
  • GF Score™: 91/100 with 1 warning sign
  • Industry Position: 5.6% below the Chemicals median (#499 of 1568)

No single metric tells the full story. See the SHSE:688550 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xi'an Manareco New Materials Co Business Description

Address No. 71, Jinye 2nd Road, High-tech Zone, Shaanxi Province, Xi\'an, CHN, 710077
Xi'an Manareco New Materials Co Ltd is engaged in production and sales of special organic new materials involving in liquid crystal singles, OLED materials and pharmaceutical intermediates, which will be applied to LC mixtures, OLED final materials, and APIs. The company's products include Liquid Crystal Intermediates; OLED; Pharmaceutical Intermediates; and Other Organic Fine Chemicals.
91GF Score

Get the complete analysis for SHSE:688550

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥41.30
Price
¥39.34
GF Value