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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. Suzhou Nanomicro Technology Co's annualized net income for the quarter that ended in Mar. 2026 was ¥272.5 Mil. Suzhou Nanomicro Technology Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,689.9 Mil. Therefore, Suzhou Nanomicro Technology Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.13%.
The historical rank and industry rank for Suzhou Nanomicro Technology Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:688690'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.78 Med: 11.19 Max: 24.29
Current: 10.86
During the past 9 years, Suzhou Nanomicro Technology Co's highest Return-on-Tangible-Equity was 24.29%. The lowest was 4.78%. And the median was 11.19%.
SHSE:688690's Return-on-Tangible-Equity is ranked better than 71.35% of 1567
companies
in the Chemicals industry
Industry Median: 5.81
vs SHSE:688690: 10.86
Suzhou Nanomicro Technology Co (SHSE:688690) 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 Nanomicro Technology Co Return-on-Tangible-Equity Related Terms
Suzhou Nanomicro 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 Nanomicro Technology Co Return-on-Tangible-Equity Chart
SHSE:688690 vs DOW: Return-on-Tangible-Equity Comparison
For the Chemicals subindustry, Suzhou Nanomicro 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 Nanomicro Technology Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Suzhou Nanomicro Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Suzhou Nanomicro 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 16.13% mean?
Suzhou Nanomicro Technology Co (SHSE:688690) has a Return-on-Tangible-Equity of 16.13% 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 Nanomicro Technology Co and its competitors. This is 44% above median its historical median of 11.19. Over the past decade, Suzhou Nanomicro Technology Co's Return-on-Tangible-Equity has ranged from 4.78 to 24.29. According to the industry distribution chart, Suzhou Nanomicro Technology Co ranks #449 out of 1567 companies in the Chemicals industry, placing it in the top 28.7%.
Is Suzhou Nanomicro Technology Co's Return-on-Tangible-Equity too high?
Suzhou Nanomicro Technology Co's current Return-on-Tangible-Equity of 16.13% is 44% above median its 10-year median of 11.19. Over the past 10 years, this metric has ranged from a low of 4.78 to a high of 24.29. The Chemicals industry median Return-on-Tangible-Equity is 5.81. Suzhou Nanomicro Technology Co's value of 16.13% is 177.6% above this industry median. Based on the distribution chart, Suzhou Nanomicro Technology Co ranks #449 out of 1567 companies in the Chemicals industry, which is above the industry midpoint. Overall, Suzhou Nanomicro Technology Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Suzhou Nanomicro Technology Co's Return-on-Tangible-Equity compare to DOW?
According to the Chemicals industry distribution chart, Suzhou Nanomicro Technology Co ranks #449 out of 1567 companies for Return-on-Tangible-Equity. This puts Suzhou Nanomicro Technology Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.81. Suzhou Nanomicro Technology Co's value of 16.13% is 177.6% above this benchmark. Historically, Suzhou Nanomicro Technology Co's own Return-on-Tangible-Equity has ranged from 4.78 to 24.29 over the past decade. While the company's 10-year median is 11.19 vs. the industry median of 5.81, Suzhou Nanomicro 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 5.81, based on 1,567 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 Nanomicro Technology Co's current Return-on-Tangible-Equity of 16.13% is 177.6% 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 Nanomicro Technology Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suzhou Nanomicro Technology Co's current Return-on-Tangible-Equity is 16.13%, which is 44% above median its own 10-year median of 11.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Nanomicro Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Nanomicro Technology Co (SHSE:688690) is currently considered Fairly Valued. The stock's GF Value™ is ¥34.16, compared to a current price of ¥34.34 — trading 0.5% above its estimated fair value. The current Return-on-Tangible-Equity is 16.13%, which is 44% above median its 10-year median of 11.19 and 177.6% above the Chemicals industry median of 5.81. Suzhou Nanomicro 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 Nanomicro Technology Co (SHSE:688690), the current Return-on-Tangible-Equity is 16.13% 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 Nanomicro Technology Co (SHSE:688690) Overvalued in 2026?
Based on GuruFocus' analysis, Suzhou Nanomicro Technology Co stock appears to be overvalued.
The current stock price of ¥34.34 is trading 0.5% above its estimated GF Value™ of ¥34.16.
GuruFocus considers Suzhou Nanomicro Technology Co to be Fairly Valued.
Key valuation signals for SHSE:688690:
Return-on-Tangible-Equity: 16.13% (44% above median its 10-year median of 11.19)
GF Value™: ¥34.16 vs. price of ¥34.34 (0.5% above fair value)
Industry Position: 177.6% above the Chemicals median (#449 of 1567)
No single metric tells the full story. See the SHSE:688690 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suzhou Nanomicro Technology Co Business Description
Suzhou Nanomicro Technology Co Ltd is engaged in the high-performance nano-microsphere materials research and development, large-scale production, sales and application services.
89GF Score
Get the complete analysis for SHSE:688690
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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