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.
Taung Gold InternationalHKSE:00621 35 Return-on-Tangible-Equity is 26.70% as of Mar. 2026. GuruFocus rates HKSE:00621 with a GF Score™ of 35/100. The stock has 3 warning signs investors should review. Among 2,391 Metals & Mining companies, Taung Gold International ranks better than 82.56% 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. Taung Gold International's annualized net income for the quarter that ended in Mar. 2026 was HK$645.42 Mil. Taung Gold International's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$2,417.54 Mil. Therefore, Taung Gold International's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 26.70%.
The historical rank and industry rank for Taung Gold International's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:00621'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -19.8 Med: -0.99 Max: 13.61
Current: 13.61
During the past 13 years, Taung Gold International's highest Return-on-Tangible-Equity was 13.61%. The lowest was -19.80%. And the median was -0.99%.
HKSE:00621's Return-on-Tangible-Equity is ranked better than 82.56% of 2391
companies
in the Metals & Mining industry
Industry Median: -16.07
vs HKSE:00621: 13.61
Taung Gold International (HKSE:00621) 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.
Taung Gold International Return-on-Tangible-Equity Related Terms
Taung Gold International Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Taung Gold International'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.
Taung Gold International Return-on-Tangible-Equity Chart
HKSE:00621 vs NEM, AU, RGLD: Return-on-Tangible-Equity Comparison
For the Gold subindustry, Taung Gold International'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.
Taung Gold International Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Taung Gold International's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Taung Gold International'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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 26.70% mean?
Taung Gold International (HKSE:00621) has a Return-on-Tangible-Equity of 26.70% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Taung Gold International and its competitors. According to the industry distribution chart, Taung Gold International ranks #417 out of 2391 companies in the Metals & Mining industry, placing it in the top 17.4%.
Is Taung Gold International's Return-on-Tangible-Equity too high?
Taung Gold International's current Return-on-Tangible-Equity is 26.70%. Based on the distribution chart, Taung Gold International ranks #417 out of 2391 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Taung Gold International has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Taung Gold International's Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Taung Gold International ranks #417 out of 2391 companies for Return-on-Tangible-Equity. This places Taung Gold International in the top 17% 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-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 Taung Gold International and its competitors. Taung Gold International's current Return-on-Tangible-Equity is 26.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taung Gold International stock overvalued right now?
Taung Gold International (HKSE:00621) has a current Return-on-Tangible-Equity of 26.70%. The current Return-on-Tangible-Equity is 26.70%. Taung Gold International's overall GF Score™ is 35/100 with 3 warning signs to review. 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 Taung Gold International (HKSE:00621), the current Return-on-Tangible-Equity is 26.70% 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.
Taung Gold International Ltd is an investment holding company. The company's reportable segment includes Gold exploration and development in South Africa and Trading of minerals. The company holds mineral and prospecting rights to an impressive portfolio comprising two flagship projects namely, Evander and Jeanette projects with a total mineral resource of more than 24.0 million high-grade ounces. The company operates in Hong Kong and South Africa, with majority revenue from South Africa.
35GF Score
Get the complete analysis for HKSE:00621
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
HKSE:00621 has been successfully added to your 
