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Baiyin Nonferrous Group CoSHSE:601212 +5.97%62 Return-on-Tangible-Asset is 1.13% as of Mar. 2026, which is 1156% above its 10-year median of 0.09. GuruFocus rates SHSE:601212 with a GF Score™ of 62/100 and a GF Value™ of ¥2.92 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,671 Metals & Mining companies, Baiyin Nonferrous Group Co ranks better than 73.16% 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. Baiyin Nonferrous Group Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥600 Mil. Baiyin Nonferrous Group Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥53,317 Mil. Therefore, Baiyin Nonferrous Group Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.13%.
The historical rank and industry rank for Baiyin Nonferrous Group Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:601212'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.6 Med: 0.09 Max: 0.62
Current: -1.16
During the past 13 years, Baiyin Nonferrous Group Co's highest Return-on-Tangible-Asset was 0.62%. The lowest was -1.60%. And the median was 0.09%.
SHSE:601212's Return-on-Tangible-Asset is ranked better than 73.16% of 2671
companies
in the Metals & Mining industry
Industry Median: -16.96
vs SHSE:601212: -1.16
Baiyin Nonferrous Group Co (SHSE:601212) 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.
Baiyin Nonferrous Group Co Return-on-Tangible-Asset Related Terms
Baiyin Nonferrous Group Co 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.
Baiyin Nonferrous Group Co Return-on-Tangible-Asset Chart
Baiyin Nonferrous Group Co Return-on-Tangible-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Baiyin Nonferrous Group 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.
Baiyin Nonferrous Group Co Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Baiyin Nonferrous Group Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Baiyin Nonferrous Group 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.13% mean?
Baiyin Nonferrous Group Co (SHSE:601212) has a Return-on-Tangible-Asset of 1.13% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Baiyin Nonferrous Group Co and its competitors. This is 1156% above median its historical median of 0.09. According to the industry distribution chart, Baiyin Nonferrous Group Co ranks #717 out of 2671 companies in the Metals & Mining industry, placing it in the top 26.8%.
Is Baiyin Nonferrous Group Co's Return-on-Tangible-Asset too high?
Baiyin Nonferrous Group Co's current Return-on-Tangible-Asset of 1.13% is 1156% above median its 10-year median of 0.09. Based on the distribution chart, Baiyin Nonferrous Group Co ranks #717 out of 2671 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Baiyin Nonferrous Group Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Baiyin Nonferrous Group Co's Return-on-Tangible-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Baiyin Nonferrous Group Co ranks #717 out of 2671 companies for Return-on-Tangible-Asset. This puts Baiyin Nonferrous Group Co in the upper half of its industry. 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 Baiyin Nonferrous Group Co and its competitors. Baiyin Nonferrous Group Co's current Return-on-Tangible-Asset is 1.13%, which is 1156% above median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baiyin Nonferrous Group Co stock overvalued right now?
Based on GuruFocus' analysis, Baiyin Nonferrous Group Co (SHSE:601212) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.92, compared to a current price of ¥7.63 — trading 161.3% above its estimated fair value. The current Return-on-Tangible-Asset is 1.13%, which is 1156% above median its 10-year median of 0.09. Baiyin Nonferrous Group Co's overall GF Score™ is 62/100 with 6 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 Baiyin Nonferrous Group Co (SHSE:601212), the current Return-on-Tangible-Asset is 1.13% 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.
Is Baiyin Nonferrous Group Co (SHSE:601212) Overvalued in 2026?
Based on GuruFocus' analysis, Baiyin Nonferrous Group Co stock appears to be overvalued.
The current stock price of ¥7.63 is trading 161.3% above its estimated GF Value™ of ¥2.92.
GuruFocus considers Baiyin Nonferrous Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:601212:
Return-on-Tangible-Asset: 1.13% (1156% above median its 10-year median of 0.09)
GF Value™: ¥2.92 vs. price of ¥7.63 (161.3% above fair value)
No single metric tells the full story. See the SHSE:601212 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Baiyin Nonferrous Group Co Ltd is engaged in mining and production of nonferrous metals. The product offered by the group includes Cathode copper, Lead ingots, Zinc ingot, Gold ingot, Cadmium ingot, sulfuric acid, Selenium dioxide and others. The group distributes its products within Chinese and to overseas markets.
62GF Score
Get the complete analysis for SHSE:601212
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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