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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.
Jinhui Mining CoSHSE:603132 -0.83%77 Return-on-Tangible-Asset is 10.57% as of Jun. 2026, which is 36% above its 10-year median of 7.77. GuruFocus rates SHSE:603132 with a GF Score™ of 77/100 and a GF Value™ of ¥22.69 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 2,674 Metals & Mining companies, Jinhui Mining Co ranks better than 86.91% 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. Jinhui Mining Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥816 Mil. Jinhui Mining Co's average total tangible assets for the quarter that ended in Jun. 2026 was ¥7,714 Mil. Therefore, Jinhui Mining Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 10.57%.
The historical rank and industry rank for Jinhui Mining Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603132'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.68 Med: 7.77 Max: 10.09
Current: 9.57
During the past 8 years, Jinhui Mining Co's highest Return-on-Tangible-Asset was 10.09%. The lowest was 0.68%. And the median was 7.77%.
SHSE:603132's Return-on-Tangible-Asset is ranked better than 86.91% of 2674
companies
in the Metals & Mining industry
Industry Median: -16.78
vs SHSE:603132: 9.57
Jinhui Mining Co (SHSE:603132) 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.
Jinhui Mining Co Return-on-Tangible-Asset Related Terms
Jinhui Mining Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Jinhui Mining 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.
Jinhui Mining Co Return-on-Tangible-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Jinhui Mining 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.
Jinhui Mining Co Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Jinhui Mining Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Jinhui Mining 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 10.57% mean?
Jinhui Mining Co (SHSE:603132) has a Return-on-Tangible-Asset of 10.57% 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 Jinhui Mining Co and its competitors. This is 36% above median its historical median of 7.77. Over the past decade, Jinhui Mining Co's Return-on-Tangible-Asset has ranged from 0.68 to 10.09. According to the industry distribution chart, Jinhui Mining Co ranks #350 out of 2674 companies in the Metals & Mining industry, placing it in the top 13.1%.
Is Jinhui Mining Co's Return-on-Tangible-Asset too high?
Jinhui Mining Co's current Return-on-Tangible-Asset of 10.57% is 36% above median its 10-year median of 7.77. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 10.09. Based on the distribution chart, Jinhui Mining Co ranks #350 out of 2674 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Jinhui Mining Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jinhui Mining Co's Return-on-Tangible-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Jinhui Mining Co ranks #350 out of 2674 companies for Return-on-Tangible-Asset. This places Jinhui Mining Co in the top 13% of its industry — outperforming the majority of peers. Historically, Jinhui Mining Co's own Return-on-Tangible-Asset has ranged from 0.68 to 10.09 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 Jinhui Mining Co and its competitors. Jinhui Mining Co's current Return-on-Tangible-Asset is 10.57%, which is 36% above median its own 10-year median of 7.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinhui Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Jinhui Mining Co (SHSE:603132) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥22.69, compared to a current price of ¥20.39 — trading 10.1% below its estimated fair value. The current Return-on-Tangible-Asset is 10.57%, which is 36% above median its 10-year median of 7.77. Jinhui Mining Co's overall GF Score™ is 77/100 with 9 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 Jinhui Mining Co (SHSE:603132), the current Return-on-Tangible-Asset is 10.57% 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 Jinhui Mining Co (SHSE:603132) Overvalued in 2026?
Based on GuruFocus' analysis, Jinhui Mining Co stock appears to be undervalued.
The current stock price of ¥20.39 is trading 10.1% below its estimated GF Value™ of ¥22.69.
GuruFocus considers Jinhui Mining Co to be Modestly Undervalued.
Key valuation signals for SHSE:603132:
Return-on-Tangible-Asset: 10.57% (36% above median its 10-year median of 7.77)
GF Value™: ¥22.69 vs. price of ¥20.39 (10.1% below fair value)
No single metric tells the full story. See the SHSE:603132 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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