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Henan Yuguang Gold & Lead CoSHSE:600531 -2.74%83 Return-on-Tangible-Equity is 16.97% as of Mar. 2026, which is 63% above its 10-year median of 10.44. GuruFocus rates SHSE:600531 with a GF Score™ of 83/100 and a GF Value™ of ¥11.59 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,378 Metals & Mining companies, Henan Yuguang Gold & Lead Co ranks better than 85.32% 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. Henan Yuguang Gold & Lead Co's annualized net income for the quarter that ended in Mar. 2026 was ¥1,100 Mil. Henan Yuguang Gold & Lead Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥6,480 Mil. Therefore, Henan Yuguang Gold & Lead Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.97%.
The historical rank and industry rank for Henan Yuguang Gold & Lead Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600531'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.41 Med: 10.44 Max: 16.5
Current: 15.37
During the past 13 years, Henan Yuguang Gold & Lead Co's highest Return-on-Tangible-Equity was 16.50%. The lowest was 4.41%. And the median was 10.44%.
SHSE:600531's Return-on-Tangible-Equity is ranked better than 85.32% of 2378
companies
in the Metals & Mining industry
Industry Median: -16.405
vs SHSE:600531: 15.37
Henan Yuguang Gold & Lead Co (SHSE:600531) 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.
Henan Yuguang Gold & Lead Co Return-on-Tangible-Equity Related Terms
Henan Yuguang Gold & Lead Co Return-on-Tangible-Equity Historical Data
* 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.
Henan Yuguang Gold & Lead Co Return-on-Tangible-Equity Chart
Henan Yuguang Gold & Lead Co Return-on-Tangible-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Henan Yuguang Gold & Lead 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.
Henan Yuguang Gold & Lead Co Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Henan Yuguang Gold & Lead Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Henan Yuguang Gold & Lead Co'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 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 16.97% mean?
Henan Yuguang Gold & Lead Co (SHSE:600531) has a Return-on-Tangible-Equity of 16.97% 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 Henan Yuguang Gold & Lead Co and its competitors. This is 63% above median its historical median of 10.44. Over the past decade, Henan Yuguang Gold & Lead Co's Return-on-Tangible-Equity has ranged from 4.41 to 16.50. According to the industry distribution chart, Henan Yuguang Gold & Lead Co ranks #349 out of 2378 companies in the Metals & Mining industry, placing it in the top 14.7%.
Is Henan Yuguang Gold & Lead Co's Return-on-Tangible-Equity too high?
Henan Yuguang Gold & Lead Co's current Return-on-Tangible-Equity of 16.97% is 63% above median its 10-year median of 10.44. Over the past 10 years, this metric has ranged from a low of 4.41 to a high of 16.50. Based on the distribution chart, Henan Yuguang Gold & Lead Co ranks #349 out of 2378 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Henan Yuguang Gold & Lead Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Henan Yuguang Gold & Lead Co's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Henan Yuguang Gold & Lead Co ranks #349 out of 2378 companies for Return-on-Tangible-Equity. This places Henan Yuguang Gold & Lead Co in the top 15% of its industry — outperforming the majority of peers. Historically, Henan Yuguang Gold & Lead Co's own Return-on-Tangible-Equity has ranged from 4.41 to 16.50 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-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 Henan Yuguang Gold & Lead Co and its competitors. Henan Yuguang Gold & Lead Co's current Return-on-Tangible-Equity is 16.97%, which is 63% above median its own 10-year median of 10.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Yuguang Gold & Lead Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Yuguang Gold & Lead Co (SHSE:600531) is currently considered Fairly Valued. The stock's GF Value™ is ¥11.59, compared to a current price of ¥11.37 — trading 1.9% below its estimated fair value. The current Return-on-Tangible-Equity is 16.97%, which is 63% above median its 10-year median of 10.44. Henan Yuguang Gold & Lead Co's overall GF Score™ is 83/100 with 1 warning sign 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 Henan Yuguang Gold & Lead Co (SHSE:600531), the current Return-on-Tangible-Equity is 16.97% 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 Henan Yuguang Gold & Lead Co (SHSE:600531) Overvalued in 2026?
Based on GuruFocus' analysis, Henan Yuguang Gold & Lead Co stock appears to be undervalued.
The current stock price of ¥11.37 is trading 1.9% below its estimated GF Value™ of ¥11.59.
GuruFocus considers Henan Yuguang Gold & Lead Co to be Fairly Valued.
Key valuation signals for SHSE:600531:
Return-on-Tangible-Equity: 16.97% (63% above median its 10-year median of 10.44)
GF Value™: ¥11.59 vs. price of ¥11.37 (1.9% below fair value)
No single metric tells the full story. See the SHSE:600531 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Henan Yuguang Gold & Lead Co Ltd is engaged in the Non-ferrous metal smelting and trading; sales of chemical raw materials; precious metal smelting; sales of gold and silver products.
83GF Score
Get the complete analysis for SHSE:600531
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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