Guizhou Panjiang Refined Coal Co (SHSE:600395) Return-on-Tangible-Equity: 2.49% (As of Mar. 2026) — 83% Below Median

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SHSE:600395 Guizhou Panjiang Refined Coal Co Ltd SHSE:600395
73 GF Score
Price ¥4.87
GF Value ¥5.80
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Guizhou Panjiang Refined Coal Co Return-on-Tangible-Equity?

Guizhou Panjiang Refined Coal Co SHSE:600395 +3.84% 73 Return-on-Tangible-Equity is 2.49% as of Mar. 2026, which is 83% below its 10-year median of 14.48. GuruFocus rates SHSE:600395 with a GF Score™ of 73/100 and a GF Value™ of ¥5.80 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 178 Other Energy Sources companies, Guizhou Panjiang Refined Coal Co ranks better than 64.04% 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. Guizhou Panjiang Refined Coal Co's annualized net income for the quarter that ended in Mar. 2026 was ¥181 Mil. Guizhou Panjiang Refined Coal Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥7,290 Mil. Therefore, Guizhou Panjiang Refined Coal Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.49%.

The historical rank and industry rank for Guizhou Panjiang Refined Coal Co's Return-on-Tangible-Equity or its related term are showing as below:

SHSE:600395' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.03   Med: 14.48   Max: 24.86
Current: 7.24

During the past 13 years, Guizhou Panjiang Refined Coal Co's highest Return-on-Tangible-Equity was 24.86%. The lowest was 1.03%. And the median was 14.48%.

SHSE:600395's Return-on-Tangible-Equity is ranked better than
64.04% of 178 companies
in the Other Energy Sources industry
Industry Median: 0.91 vs SHSE:600395: 7.24

Guizhou Panjiang Refined Coal Co  (SHSE:600395) 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.


Guizhou Panjiang Refined Coal Co Return-on-Tangible-Equity Related Terms


Guizhou Panjiang Refined Coal Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Guizhou Panjiang Refined Coal Co'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.

Guizhou Panjiang Refined Coal Co Return-on-Tangible-Equity Chart

Guizhou Panjiang Refined Coal Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.03 24.86 6.73 1.03 3.40

Guizhou Panjiang Refined Coal Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity 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 -6.00 5.69 -0.69 19.38 2.49

Guizhou Panjiang Refined Coal Co Return-on-Tangible-Equity Competitor Comparison

For the Thermal Coal subindustry, Guizhou Panjiang Refined Coal Co'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.


Guizhou Panjiang Refined Coal Co Return-on-Tangible-Equity vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Guizhou Panjiang Refined Coal Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Guizhou Panjiang Refined Coal Co's Return-on-Tangible-Equity falls into.


SHSE:600395
73GF Score
Guizhou Panjiang Refined Coal Co Ltd SHSE:600395
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guizhou Panjiang Refined Coal Co Return-on-Tangible-Equity Calculation

Guizhou Panjiang Refined Coal Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=329.499/( (9616.697+9768.285 )/ 2 )
=329.499/9692.491
=3.40 %

Guizhou Panjiang Refined Coal Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=181.3/( (9768.285+4812.687)/ 2 )
=181.3/7290.486
=2.49 %

* 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 four times the quarterly (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 2.49% mean?
Guizhou Panjiang Refined Coal Co (SHSE:600395) has a Return-on-Tangible-Equity of 2.49% 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 Guizhou Panjiang Refined Coal Co and its competitors. This is 83% below median its historical median of 14.48. Over the past decade, Guizhou Panjiang Refined Coal Co's Return-on-Tangible-Equity has ranged from 1.03 to 24.86. According to the industry distribution chart, Guizhou Panjiang Refined Coal Co ranks #64 out of 178 companies in the Other Energy Sources industry, placing it in the top 36%.
Is Guizhou Panjiang Refined Coal Co's Return-on-Tangible-Equity too high?
Guizhou Panjiang Refined Coal Co's current Return-on-Tangible-Equity of 2.49% is 83% below median its 10-year median of 14.48. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 24.86. The Other Energy Sources industry median Return-on-Tangible-Equity is 0.91. Guizhou Panjiang Refined Coal Co's value of 2.49% is 173.6% above this industry median. Based on the distribution chart, Guizhou Panjiang Refined Coal Co ranks #64 out of 178 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Guizhou Panjiang Refined Coal Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guizhou Panjiang Refined Coal Co's Return-on-Tangible-Equity compare to competitors?
According to the Other Energy Sources industry distribution chart, Guizhou Panjiang Refined Coal Co ranks #64 out of 178 companies for Return-on-Tangible-Equity. This puts Guizhou Panjiang Refined Coal Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 0.91. Guizhou Panjiang Refined Coal Co's value of 2.49% is 173.6% above this benchmark. Historically, Guizhou Panjiang Refined Coal Co's own Return-on-Tangible-Equity has ranged from 1.03 to 24.86 over the past decade. While the company's 10-year median is 14.48 vs. the industry median of 0.91, Guizhou Panjiang Refined Coal Co has consistently been above the industry average. 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 an Other Energy Sources company?
The median Return-on-Tangible-Equity among Other Energy Sources companies is 0.91, based on 178 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Guizhou Panjiang Refined Coal Co's current Return-on-Tangible-Equity of 2.49% is 173.6% above the industry median. 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 Guizhou Panjiang Refined Coal Co and its competitors. For the Other Energy Sources industry, the median Return-on-Tangible-Equity is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guizhou Panjiang Refined Coal Co's current Return-on-Tangible-Equity is 2.49%, which is 83% below median its own 10-year median of 14.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guizhou Panjiang Refined Coal Co stock overvalued right now?
Based on GuruFocus' analysis, Guizhou Panjiang Refined Coal Co (SHSE:600395) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.80, compared to a current price of ¥4.87 — trading 16% below its estimated fair value. The current Return-on-Tangible-Equity is 2.49%, which is 83% below median its 10-year median of 14.48 and 173.6% above the Other Energy Sources industry median of 0.91. Guizhou Panjiang Refined Coal Co's overall GF Score™ is 73/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Guizhou Panjiang Refined Coal Co (SHSE:600395), the current Return-on-Tangible-Equity is 2.49% 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 Guizhou Panjiang Refined Coal Co (SHSE:600395) Overvalued in 2026?

Based on GuruFocus' analysis, Guizhou Panjiang Refined Coal Co stock appears to be undervalued. The current stock price of ¥4.87 is trading 16% below its estimated GF Value™ of ¥5.80. GuruFocus considers Guizhou Panjiang Refined Coal Co to be Modestly Undervalued.

Key valuation signals for SHSE:600395:

  • Return-on-Tangible-Equity: 2.49% (83% below median its 10-year median of 14.48)
  • GF Value™: ¥5.80 vs. price of ¥4.87 (16% below fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 173.6% above the Other Energy Sources median (#64 of 178)

No single metric tells the full story. See the SHSE:600395 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guizhou Panjiang Refined Coal Co Business Description

Address Gangou Bridge, Hongguo Economic Development Zone, Guizhou, Liupanshui, CHN, 553536
Guizhou Panjiang Refined Coal Co Ltd is engaged in coal development in Panjiang Mining Area. The company produces gas to coal, fat coal, 1/3 coking coal, and main coking coal, Thin coal, lean coal, anthracite, reserves and coal species.
73GF Score

Get the complete analysis for SHSE:600395

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

¥4.87
Price
¥5.80
GF Value