ZHAOF (Zhaojin Mining Industry Co) Return-on-Tangible-Asset: 12.29% (As of Dec. 2025) — 759% Above Median


ZHAOF Zhaojin Mining Industry Co Ltd ZHAOF
75 GF Score
Price $2.06
GF Value $3.78
Valuation Possible Value Trap
! 4 Warning Signs
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What is Zhaojin Mining Industry Co Return-on-Tangible-Asset?

Zhaojin Mining Industry Co ZHAOF 75 Return-on-Tangible-Asset is 12.29% as of Dec. 2025, which is 759% above its 10-year median of 1.43. GuruFocus rates ZHAOF with a GF Score™ of 75/100 and a GF Value™ of $3.78 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,662 Metals & Mining companies, Zhaojin Mining Industry Co ranks better than 82.68% 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. Zhaojin Mining Industry Co's annualized Net Income for the quarter that ended in Dec. 2025 was $850 Mil. Zhaojin Mining Industry Co's average total tangible assets for the quarter that ended in Dec. 2025 was $6,918 Mil. Therefore, Zhaojin Mining Industry Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 12.29%.

The historical rank and industry rank for Zhaojin Mining Industry Co's Return-on-Tangible-Asset or its related term are showing as below:

ZHAOF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.08   Med: 1.43   Max: 6.7
Current: 4.61

During the past 13 years, Zhaojin Mining Industry Co's highest Return-on-Tangible-Asset was 6.70%. The lowest was 0.08%. And the median was 1.43%.

ZHAOF's Return-on-Tangible-Asset is ranked better than
82.68% of 2662 companies
in the Metals & Mining industry
Industry Median: -17.275 vs ZHAOF: 4.61

Zhaojin Mining Industry Co  (OTCPK:ZHAOF) 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 company’s 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 company’s 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.


Zhaojin Mining Industry Co Return-on-Tangible-Asset Related Terms


Zhaojin Mining Industry Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Zhaojin Mining Industry 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.

Zhaojin Mining Industry Co Return-on-Tangible-Asset Chart

Zhaojin Mining Industry Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.88 1.48 2.90 6.70

Zhaojin Mining Industry Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.59 4.96 0.00 6.70 12.29

ZHAOF vs NEM, AU: Return-on-Tangible-Asset Comparison

For the Gold subindustry, Zhaojin Mining Industry 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.


Zhaojin Mining Industry Co Return-on-Tangible-Asset vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Zhaojin Mining Industry Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Zhaojin Mining Industry Co's Return-on-Tangible-Asset falls into.


ZHAOF
75GF Score
Zhaojin Mining Industry Co Ltd ZHAOF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhaojin Mining Industry Co Return-on-Tangible-Asset Calculation

Zhaojin Mining Industry Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=513.118/( (7270.004+8042.943)/ 2 )
=513.118/7656.4735
=6.70 %

Zhaojin Mining Industry Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=849.992/( (5792.374+8042.943)/ 2 )
=849.992/6917.6585
=12.29 %

* 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 (Dec. 2025) net income data.

What does a Return-on-Tangible-Asset of 12.29% mean?
Zhaojin Mining Industry Co (ZHAOF) has a Return-on-Tangible-Asset of 12.29% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Zhaojin Mining Industry Co and its competitors. This is 759% above median its historical median of 1.43. Over the past decade, Zhaojin Mining Industry Co's Return-on-Tangible-Asset has ranged from 0.08 to 6.70. According to the industry distribution chart, Zhaojin Mining Industry Co ranks #461 out of 2662 companies in the Metals & Mining industry, placing it in the top 17.3%.
Is Zhaojin Mining Industry Co's Return-on-Tangible-Asset too high?
Zhaojin Mining Industry Co's current Return-on-Tangible-Asset of 12.29% is 759% above median its 10-year median of 1.43. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 6.70. Based on the distribution chart, Zhaojin Mining Industry Co ranks #461 out of 2662 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Zhaojin Mining Industry Co has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhaojin Mining Industry Co's Return-on-Tangible-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Zhaojin Mining Industry Co ranks #461 out of 2662 companies for Return-on-Tangible-Asset. This places Zhaojin Mining Industry Co in the top 17% of its industry — outperforming the majority of peers. Historically, Zhaojin Mining Industry Co's own Return-on-Tangible-Asset has ranged from 0.08 to 6.70 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 Zhaojin Mining Industry Co and its competitors. Zhaojin Mining Industry Co's current Return-on-Tangible-Asset is 12.29%, which is 759% above median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhaojin Mining Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Zhaojin Mining Industry Co (ZHAOF) is currently considered Possible Value Trap. The stock's GF Value™ is $3.78, compared to a current price of $2.06 — trading 45.5% below its estimated fair value. The current Return-on-Tangible-Asset is 12.29%, which is 759% above median its 10-year median of 1.43. Zhaojin Mining Industry Co's overall GF Score™ is 75/100 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 Zhaojin Mining Industry Co (ZHAOF), the current Return-on-Tangible-Asset is 12.29% as of Dec. 2025. 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 Zhaojin Mining Industry Co (ZHAOF) Overvalued in 2026?

Based on GuruFocus' analysis, Zhaojin Mining Industry Co stock appears to be undervalued. The current stock price of $2.06 is trading 45.5% below its estimated GF Value™ of $3.78. GuruFocus considers Zhaojin Mining Industry Co to be Possible Value Trap.

Key valuation signals for ZHAOF:

  • Return-on-Tangible-Asset: 12.29% (759% above median its 10-year median of 1.43)
  • GF Value™: $3.78 vs. price of $2.06 (45.5% below fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the ZHAOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhaojin Mining Industry Co Business Description

Other Exchanges 01818:Hong KongZVL:Germany
Address 1 Matheson Street, Causeway Bay, 31st Floor, Tower Two, Times Square, HKG, 265400
Zhaojin Mining Industry Co Ltd is engaged in the mining, processing, smelting, and sale of gold and silver products. The company has three reportable operating segments as follows: the Gold operations segment consists of gold mining and smelting operations; the Copper operations segment consists of copper mining and smelting operations; the Others segment comprises, principally, the Group's other investment activities, operation of a finance company, operation and catering services of a hotel, exploration services, engineering design and consulting services, and overseas operations.
75GF Score

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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.06
Price
$3.78
GF Value