Techstorm Advanced Material (SHSE:601026) ROE %: 4.72% (As of Mar. 2026) — 51% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:601026 Techstorm Advanced Material Corp Ltd SHSE:601026
30 GF Score
Price ¥14.99
! 3 Warning Signs
View Full Analysis

What is Techstorm Advanced Material ROE %?

Techstorm Advanced Material SHSE:601026 +3.52% 30 ROE % is 4.72% as of Mar. 2026, which is 51% below its 10-year median of 9.60. GuruFocus rates SHSE:601026 with a GF Score™ of 30/100. The stock has 3 warning signs investors should review. Among 1,583 Chemicals companies, Techstorm Advanced Material ranks better than 69.49% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Techstorm Advanced Material's annualized net income for the quarter that ended in Mar. 2026 was ¥124 Mil. Techstorm Advanced Material's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥2,620 Mil. Therefore, Techstorm Advanced Material's annualized ROE % for the quarter that ended in Mar. 2026 was 4.72%.

The historical rank and industry rank for Techstorm Advanced Material's ROE % or its related term are showing as below:

SHSE:601026' s ROE % Range Over the Past 10 Years
Min: 9   Med: 9.6   Max: 15.94
Current: 9.26

During the past 6 years, Techstorm Advanced Material's highest ROE % was 15.94%. The lowest was 9.00%. And the median was 9.60%.

SHSE:601026's ROE % is ranked better than
69.49% of 1583 companies
in the Chemicals industry
Industry Median: 5.26 vs SHSE:601026: 9.26

Techstorm Advanced Material  (SHSE:601026) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=123.66/2620.212
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(123.66 / 2703.744)*(2703.744 / 4169.4775)*(4169.4775 / 2620.212)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.57 %*0.6485*1.5913
=ROA %*Equity Multiplier
=2.96 %*1.5913
=4.72 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=123.66/2620.212
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (123.66 / 126.64) * (126.64 / 172.04) * (172.04 / 2703.744) * (2703.744 / 4169.4775) * (4169.4775 / 2620.212)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9765 * 0.7361 * 6.36 % * 0.6485 * 1.5913
=4.72 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Techstorm Advanced Material ROE % Related Terms


Techstorm Advanced Material ROE % Historical Data

* Premium members only.

The historical data trend for Techstorm Advanced Material's ROE % 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.

Techstorm Advanced Material ROE % Chart

Techstorm Advanced Material Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 10.16 9.44 9.76 9.00 9.20

Techstorm Advanced Material Quarterly Data
Dec20 Dec21 Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.84 11.86 13.94 8.61 4.72

SHSE:601026 vs LIN, SHW, ECL: ROE % Comparison

For the Specialty Chemicals subindustry, Techstorm Advanced Material's ROE %, along with its competitors' market caps and ROE % 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.


Techstorm Advanced Material ROE % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Techstorm Advanced Material's ROE % distribution charts can be found below:

* The bar in red indicates where Techstorm Advanced Material's ROE % falls into.


SHSE:601026
30GF Score
Techstorm Advanced Material Corp Ltd SHSE:601026
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Techstorm Advanced Material ROE % Calculation

Techstorm Advanced Material's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=202.649/( (1801.362+2603.605)/ 2 )
=202.649/2202.4835
=9.20 %

Techstorm Advanced Material's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=123.66/( (2603.605+2636.819)/ 2 )
=123.66/2620.212
=4.72 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 4.72% mean?
Techstorm Advanced Material (SHSE:601026) has a ROE % of 4.72% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Techstorm Advanced Material and its competitors. This is 51% below median its historical median of 9.60. Over the past decade, Techstorm Advanced Material's ROE % has ranged from 9.00 to 15.94. According to the industry distribution chart, Techstorm Advanced Material ranks #483 out of 1583 companies in the Chemicals industry, placing it in the top 30.5%.
Is Techstorm Advanced Material's ROE % too high?
Techstorm Advanced Material's current ROE % of 4.72% is 51% below median its 10-year median of 9.60. Over the past 10 years, this metric has ranged from a low of 9.00 to a high of 15.94. The Chemicals industry median ROE % is 5.26. Techstorm Advanced Material's value of 4.72% is 10.3% below this industry median. Based on the distribution chart, Techstorm Advanced Material ranks #483 out of 1583 companies in the Chemicals industry, which is above the industry midpoint. Overall, Techstorm Advanced Material has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Techstorm Advanced Material's ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Techstorm Advanced Material ranks #483 out of 1583 companies for ROE %. This puts Techstorm Advanced Material in the upper half of its industry. The industry median ROE % is 5.26. Techstorm Advanced Material's value of 4.72% is 10.3% below this benchmark. Historically, Techstorm Advanced Material's own ROE % has ranged from 9.00 to 15.94 over the past decade. While the company's 10-year median is 9.60 vs. the industry median of 5.26, Techstorm Advanced Material 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 ROE % for a Chemicals company?
The median ROE % among Chemicals companies is 5.26, based on 1,583 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Techstorm Advanced Material's current ROE % of 4.72% is 10.3% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Techstorm Advanced Material and its competitors. For the Chemicals industry, the median ROE % is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techstorm Advanced Material's current ROE % is 4.72%, which is 51% below median its own 10-year median of 9.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techstorm Advanced Material stock overvalued right now?
Techstorm Advanced Material (SHSE:601026) has a current ROE % of 4.72%. The current ROE % is 4.72%, which is 51% below median its 10-year median of 9.60 and 10.3% below the Chemicals industry median of 5.26. Techstorm Advanced Material's overall GF Score™ is 30/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Techstorm Advanced Material (SHSE:601026), the current ROE % is 4.72% 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.

Techstorm Advanced Material Business Description

Address No.308 Pingda Road, Lin-Gang Special Area of China, Pilot Free Trade Zone, Shanghai, CHN
Techstorm Advanced Material Corp Ltd is engaged in the manufacturing and development of chemical products related to: Wind Energy, Composites, Automotive, Electric, and Photovoltaic. Its products are Adhesives (Onshore, Offshore), Various auxiliary adhesive systems, Gas cylinder wound resin, Cable mandrel pultrusion resin, Silicone sealant for solar photovoltaic modules, and Others.
30GF Score

Get the complete analysis for SHSE:601026

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥14.99
Price