Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Golden Dragon MiningASX:GDR +2.70%10 Return-on-Tangible-Equity is -18.12% as of Dec. 2025. GuruFocus rates ASX:GDR with a GF Score™ of 10/100. Among 2,384 Metals & Mining companies, Golden Dragon Mining ranks better than 58.85% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Golden Dragon Mining's annualized net income for the quarter that ended in Dec. 2025 was A$-0.83 Mil. Golden Dragon Mining's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$4.56 Mil. Therefore, Golden Dragon Mining's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -18.12%.
The historical rank and industry rank for Golden Dragon Mining's Return-on-Tangible-Equity or its related term are showing as below:
ASX:GDR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.06 Med: 0 Max: 0
Current: -9.06
ASX:GDR's Return-on-Tangible-Equity is ranked better than 58.85% of 2384
companies
in the Metals & Mining industry
Industry Median: -16.45
vs ASX:GDR: -9.06
Golden Dragon Mining (ASX:GDR) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Golden Dragon Mining Return-on-Tangible-Equity Related Terms
Golden Dragon Mining Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Golden Dragon Mining's Return-on-Tangible-Equity 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.
Golden Dragon Mining Return-on-Tangible-Equity Chart
Golden Dragon Mining Annual Data
Trend
Jun23
Jun24
Return-on-Tangible-Equity
0.00
0.00
Golden Dragon Mining Semi-Annual Data
Jun23
Jun24
Dec24
Dec25
Return-on-Tangible-Equity
0.00
0.00
-16.71
-18.12
Golden Dragon Mining Return-on-Tangible-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Golden Dragon Mining's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Golden Dragon Mining Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Golden Dragon Mining's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Golden Dragon Mining's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -18.12% mean?
Golden Dragon Mining (ASX:GDR) has a Return-on-Tangible-Equity of -18.12% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Golden Dragon Mining and its competitors. According to the industry distribution chart, Golden Dragon Mining ranks #981 out of 2384 companies in the Metals & Mining industry, placing it in the top 41.1%.
Is Golden Dragon Mining's Return-on-Tangible-Equity too high?
Golden Dragon Mining's current Return-on-Tangible-Equity is -18.12%. Based on the distribution chart, Golden Dragon Mining ranks #981 out of 2384 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Golden Dragon Mining has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Golden Dragon Mining's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Golden Dragon Mining ranks #981 out of 2384 companies for Return-on-Tangible-Equity. This puts Golden Dragon Mining 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-Equity for a Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. However, Return-on-Tangible-Equity 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Golden Dragon Mining and its competitors. Golden Dragon Mining's current Return-on-Tangible-Equity is -18.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Dragon Mining stock overvalued right now?
Golden Dragon Mining (ASX:GDR) has a current Return-on-Tangible-Equity of -18.12%. The current Return-on-Tangible-Equity is -18.12%. Golden Dragon Mining's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Golden Dragon Mining (ASX:GDR), the current Return-on-Tangible-Equity is -18.12% 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.
Golden Dragon Mining Ltd is a mining company engaged in exploration for minerals within Australia. The primary development is the acquisition of the Cue Project, which is considered the Company's flagship asset and the cornerstone of its future exploration plan.
10GF Score
Get the complete analysis for ASX:GDR
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:GDR has been successfully added to your 
