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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.
Western Region Gold CoSHSE:601069 -1.30%65 Return-on-Tangible-Asset is 0.84% as of Jun. 2026, which is 76% below its 10-year median of 3.45. GuruFocus rates SHSE:601069 with a GF Score™ of 65/100 and a GF Value™ of ¥48.70 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,670 Metals & Mining companies, Western Region Gold Co ranks better than 85.32% 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. Western Region Gold Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥97 Mil. Western Region Gold Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥11,531 Mil. Therefore, Western Region Gold Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 0.84%.
The historical rank and industry rank for Western Region Gold Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:601069'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.61 Med: 3.45 Max: 11.34
Current: 8.13
During the past 13 years, Western Region Gold Co's highest Return-on-Tangible-Asset was 11.34%. The lowest was -4.61%. And the median was 3.45%.
SHSE:601069's Return-on-Tangible-Asset is ranked better than 85.32% of 2670
companies
in the Metals & Mining industry
Industry Median: -16.925
vs SHSE:601069: 8.13
Western Region Gold Co (SHSE:601069) 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.
Western Region Gold Co Return-on-Tangible-Asset Related Terms
Western Region Gold Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Western Region Gold 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.
Western Region Gold Co Return-on-Tangible-Asset Chart
SHSE:601069 vs NEM, AU, RGLD: Return-on-Tangible-Asset Comparison
For the Gold subindustry, Western Region Gold 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.
Western Region Gold Co Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Western Region Gold Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Western Region Gold 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 0.84% mean?
Western Region Gold Co (SHSE:601069) has a Return-on-Tangible-Asset of 0.84% 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 Western Region Gold Co and its competitors. This is 76% below median its historical median of 3.45. According to the industry distribution chart, Western Region Gold Co ranks #392 out of 2670 companies in the Metals & Mining industry, placing it in the top 14.7%.
Is Western Region Gold Co's Return-on-Tangible-Asset too high?
Western Region Gold Co's current Return-on-Tangible-Asset of 0.84% is 76% below median its 10-year median of 3.45. Based on the distribution chart, Western Region Gold Co ranks #392 out of 2670 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Western Region Gold Co has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Western Region Gold Co's Return-on-Tangible-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Western Region Gold Co ranks #392 out of 2670 companies for Return-on-Tangible-Asset. This places Western Region Gold Co in the top 15% 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 Western Region Gold Co and its competitors. Western Region Gold Co's current Return-on-Tangible-Asset is 0.84%, which is 76% below median its own 10-year median of 3.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Region Gold Co stock overvalued right now?
Based on GuruFocus' analysis, Western Region Gold Co (SHSE:601069) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥48.70, compared to a current price of ¥29.57 — trading 39.3% below its estimated fair value. The current Return-on-Tangible-Asset is 0.84%, which is 76% below median its 10-year median of 3.45. Western Region Gold Co's overall GF Score™ is 65/100 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 Western Region Gold Co (SHSE:601069), the current Return-on-Tangible-Asset is 0.84% 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 Western Region Gold Co (SHSE:601069) Overvalued in 2026?
Based on GuruFocus' analysis, Western Region Gold Co stock appears to be undervalued.
The current stock price of ¥29.57 is trading 39.3% below its estimated GF Value™ of ¥48.70.
GuruFocus considers Western Region Gold Co to be Significantly Undervalued.
Key valuation signals for SHSE:601069:
Return-on-Tangible-Asset: 0.84% (76% below median its 10-year median of 3.45)
GF Value™: ¥48.70 vs. price of ¥29.57 (39.3% below fair value)
No single metric tells the full story. See the SHSE:601069 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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