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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. Hanking Gold International's annualizedNet Income for the quarter that ended in Jun. 2026 was €-13.3 Mil. Hanking Gold International's average total tangible assets for the quarter that ended in Jun. 2026 was €474.2 Mil. Therefore, Hanking Gold International's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -2.81%.
The historical rank and industry rank for Hanking Gold International's Return-on-Tangible-Asset or its related term are showing as below:
FRA:6CH'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.82 Med: 6.54 Max: 20.44
Current: 0.37
During the past 13 years, Hanking Gold International's highest Return-on-Tangible-Asset was 20.44%. The lowest was -4.82%. And the median was 6.54%.
FRA:6CH's Return-on-Tangible-Asset is ranked worse than 66.93% of 632
companies
in the Steel industry
Industry Median: 2.41
vs FRA:6CH: 0.37
Hanking Gold International (FRA:6CH) 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.
Hanking Gold International Return-on-Tangible-Asset Related Terms
Hanking Gold International Return-on-Tangible-Asset 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.
Hanking Gold International Return-on-Tangible-Asset Chart
Hanking Gold International Return-on-Tangible-Asset Competitor Comparison
For the Steel subindustry, Hanking Gold International'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.
Hanking Gold International Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Hanking Gold International's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hanking Gold International'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of -2.81% mean?
Hanking Gold International (FRA:6CH) has a Return-on-Tangible-Asset of -2.81% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Hanking Gold International and its competitors. According to the industry distribution chart, Hanking Gold International ranks #423 out of 632 companies in the Steel industry, placing it in the top 66.9%.
Is Hanking Gold International's Return-on-Tangible-Asset too high?
Hanking Gold International's current Return-on-Tangible-Asset is -2.81%. Based on the distribution chart, Hanking Gold International ranks #423 out of 632 companies in the Steel industry, which is below the industry midpoint. Overall, Hanking Gold International has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Hanking Gold International's Return-on-Tangible-Asset compare to competitors?
According to the Steel industry distribution chart, Hanking Gold International ranks #423 out of 632 companies for Return-on-Tangible-Asset. This places Hanking Gold International in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.41. 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.41, based on 632 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. 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 Hanking Gold International and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanking Gold International's current Return-on-Tangible-Asset is -2.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanking Gold International stock overvalued right now?
Hanking Gold International (FRA:6CH) has a current Return-on-Tangible-Asset of -2.81%. The stock's GF Value™ is €0.07, compared to a current price of €0.32 — trading 360% above its estimated fair value. The current Return-on-Tangible-Asset is -2.81%. Hanking Gold International's overall GF Score™ is 55/100 with 5 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 Hanking Gold International (FRA:6CH), the current Return-on-Tangible-Asset is -2.81% as of Jun. 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 Hanking Gold International (FRA:6CH) Overvalued in 2026?
Based on GuruFocus' analysis, Hanking Gold International stock appears to be overvalued.
The current stock price of €0.32 is trading 360% above its estimated GF Value™ of €0.07.
Key valuation signals for FRA:6CH:
Return-on-Tangible-Asset: -2.81%
GF Value™: €0.07 vs. price of €0.32 (360% above fair value)
No single metric tells the full story. See the FRA:6CH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hanking Gold International Ltd is a Hong Kong-listed mining company. It specializes in exploration, mining, processing, smelting, and sales of iron ore, high-purity iron, and gold. Geographically, the company operates in Mainland China, Hong Kong and Australia generating majority revenue from Mainland China region.
55GF Score
Get the complete analysis for FRA:6CH
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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