China Silver GroupFRA:2CS +12.28%42 Return-on-Tangible-Asset is 53.66% as of Dec. 2025, which is 1988% above its 10-year median of 2.57. GuruFocus rates FRA:2CS with a GF Score™ of 42/100 and a GF Value™ of €0.02 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,662 Metals & Mining companies, China Silver Group ranks better than 96.51% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. China Silver Group's annualizedNet Income for the quarter that ended in Dec. 2025 was €128.9 Mil. China Silver Group's average total tangible assets for the quarter that ended in Dec. 2025 was €240.2 Mil. Therefore, China Silver Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 53.66%.
The historical rank and industry rank for China Silver Group's Return-on-Tangible-Asset or its related term are showing as below:
FRA:2CS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -79.92 Med: 2.57 Max: 31.08
Current: 29.99
During the past 13 years, China Silver Group's highest Return-on-Tangible-Asset was 31.08%. The lowest was -79.92%. And the median was 2.57%.
FRA:2CS's Return-on-Tangible-Asset is ranked better than 96.51% of 2662
companies
in the Metals & Mining industry
Industry Median: -17.275
vs FRA:2CS: 29.99
China Silver Group (FRA:2CS) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
China Silver Group Return-on-Tangible-Asset Related Terms
China Silver Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for China Silver Group's Return-on-Tangible-Asset 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.
FRA:2CS vs HL: Return-on-Tangible-Asset Comparison
For the Other Precious Metals & Mining subindustry, China Silver Group's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
China Silver Group Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, China Silver Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where China Silver Group's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 53.66% mean?
China Silver Group (FRA:2CS) has a Return-on-Tangible-Asset of 53.66% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on China Silver Group and its competitors. This is 1988% above median its historical median of 2.57. According to the industry distribution chart, China Silver Group ranks #93 out of 2662 companies in the Metals & Mining industry, placing it in the top 3.5%.
Is China Silver Group's Return-on-Tangible-Asset too high?
China Silver Group's current Return-on-Tangible-Asset of 53.66% is 1988% above median its 10-year median of 2.57. Based on the distribution chart, China Silver Group ranks #93 out of 2662 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, China Silver Group has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Silver Group's Return-on-Tangible-Asset compare to HL?
According to the Metals & Mining industry distribution chart, China Silver Group ranks #93 out of 2662 companies for Return-on-Tangible-Asset. This places China Silver Group in the top 4% of its industry — outperforming the majority of peers. 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-Asset for a Metals & Mining company?
A good Return-on-Tangible-Asset depends on the Metals & Mining industry context. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on China Silver Group and its competitors. China Silver Group's current Return-on-Tangible-Asset is 53.66%, which is 1988% above median its own 10-year median of 2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Silver Group stock overvalued right now?
Based on GuruFocus' analysis, China Silver Group (FRA:2CS) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.02, compared to a current price of €0.03 — trading 60% above its estimated fair value. The current Return-on-Tangible-Asset is 53.66%, which is 1988% above median its 10-year median of 2.57. China Silver Group's overall GF Score™ is 42/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For China Silver Group (FRA:2CS), the current Return-on-Tangible-Asset is 53.66% as of Dec. 2025. 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 China Silver Group (FRA:2CS) Overvalued in 2026?
Based on GuruFocus' analysis, China Silver Group stock appears to be overvalued.
The current stock price of €0.03 is trading 60% above its estimated GF Value™ of €0.02.
GuruFocus considers China Silver Group to be Significantly Overvalued.
Key valuation signals for FRA:2CS:
Return-on-Tangible-Asset: 53.66% (1988% above median its 10-year median of 2.57)
GF Value™: €0.02 vs. price of €0.03 (60% above fair value)
No single metric tells the full story. See the FRA:2CS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Silver Group Ltd is an investment holding company engaged in the manufacturing, sales and trading of silver ingots, palladium and other non-ferrous metals in the PRC. The company operates in single segment; Manufacturing segment, which is involved in the manufacture and sales of silver ingots and other non-ferrous metals in China. Geographically, its operations are located in the PRC.
42GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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