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CITIC Metal CoSHSE:601061 -2.97%78 Return-on-Tangible-Asset is 9.46% as of Jun. 2026, which is 89% above its 10-year median of 5.01. GuruFocus rates SHSE:601061 with a GF Score™ of 78/100 and a GF Value™ of ¥9.89 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,671 Metals & Mining companies, CITIC Metal Co ranks better than 84.58% 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. CITIC Metal Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥5,186 Mil. CITIC Metal Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥54,816 Mil. Therefore, CITIC Metal Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 9.46%.
The historical rank and industry rank for CITIC Metal Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:601061'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.94 Med: 5.01 Max: 7.3
Current: 7.3
During the past 8 years, CITIC Metal Co's highest Return-on-Tangible-Asset was 7.30%. The lowest was 2.94%. And the median was 5.01%.
SHSE:601061's Return-on-Tangible-Asset is ranked better than 84.58% of 2671
companies
in the Metals & Mining industry
Industry Median: -16.88
vs SHSE:601061: 7.30
CITIC Metal Co (SHSE:601061) 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.
CITIC Metal Co Return-on-Tangible-Asset Related Terms
CITIC Metal Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CITIC Metal Co'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.
CITIC Metal Co Return-on-Tangible-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, CITIC Metal Co'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.
CITIC Metal Co Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, CITIC Metal Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CITIC Metal Co'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 four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 9.46% mean?
CITIC Metal Co (SHSE:601061) has a Return-on-Tangible-Asset of 9.46% 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 CITIC Metal Co and its competitors. This is 89% above median its historical median of 5.01. Over the past decade, CITIC Metal Co's Return-on-Tangible-Asset has ranged from 2.94 to 7.30. According to the industry distribution chart, CITIC Metal Co ranks #412 out of 2671 companies in the Metals & Mining industry, placing it in the top 15.4%.
Is CITIC Metal Co's Return-on-Tangible-Asset too high?
CITIC Metal Co's current Return-on-Tangible-Asset of 9.46% is 89% above median its 10-year median of 5.01. Over the past 10 years, this metric has ranged from a low of 2.94 to a high of 7.30. Based on the distribution chart, CITIC Metal Co ranks #412 out of 2671 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, CITIC Metal Co has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CITIC Metal Co's Return-on-Tangible-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, CITIC Metal Co ranks #412 out of 2671 companies for Return-on-Tangible-Asset. This places CITIC Metal Co in the top 15% of its industry — outperforming the majority of peers. Historically, CITIC Metal Co's own Return-on-Tangible-Asset has ranged from 2.94 to 7.30 over the past decade. 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 CITIC Metal Co and its competitors. CITIC Metal Co's current Return-on-Tangible-Asset is 9.46%, which is 89% above median its own 10-year median of 5.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CITIC Metal Co stock overvalued right now?
Based on GuruFocus' analysis, CITIC Metal Co (SHSE:601061) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥9.89, compared to a current price of ¥11.42 — trading 15.5% above its estimated fair value. The current Return-on-Tangible-Asset is 9.46%, which is 89% above median its 10-year median of 5.01. CITIC Metal Co's overall GF Score™ is 78/100 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-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For CITIC Metal Co (SHSE:601061), the current Return-on-Tangible-Asset is 9.46% 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 CITIC Metal Co (SHSE:601061) Overvalued in 2026?
Based on GuruFocus' analysis, CITIC Metal Co stock appears to be overvalued.
The current stock price of ¥11.42 is trading 15.5% above its estimated GF Value™ of ¥9.89.
GuruFocus considers CITIC Metal Co to be Modestly Overvalued.
Key valuation signals for SHSE:601061:
Return-on-Tangible-Asset: 9.46% (89% above median its 10-year median of 5.01)
GF Value™: ¥9.89 vs. price of ¥11.42 (15.5% above fair value)
No single metric tells the full story. See the SHSE:601061 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CITIC Metal Co Ltd is engaged in trading of metals and minerals. The company trades in ferrous metals including iron ores and steel, and non-ferrous metals such as niobium, copper and aluminum. In addition to the trading business, the company also engages in the businesses of special minerals and dry bulk shipping. The special minerals business covers importing and cross-border trading of chrome ores, manganese ores, ferrochromium and silicomanganese, committed to ensuring stable supply of quality raw materials to alloy producers. The dry bulk shipping business mainly operates routes between Australia and China, South Africa and China, Southeast Asia and India, providing customers with sea transport services for dry bulk cargos.
78GF Score
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