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Chengtun Mining Group CoSHSE:600711 +1.13%58 Return-on-Tangible-Equity is 31.35% as of Mar. 2026, which is 164% above its 10-year median of 11.86. GuruFocus rates SHSE:600711 with a GF Score™ of 58/100 and a GF Value™ of ¥7.04 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,379 Metals & Mining companies, Chengtun Mining Group Co ranks better than 88.78% 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. Chengtun Mining Group Co's annualized net income for the quarter that ended in Mar. 2026 was ¥4,081 Mil. Chengtun Mining Group Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥13,020 Mil. Therefore, Chengtun Mining Group Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 31.35%.
The historical rank and industry rank for Chengtun Mining Group Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600711'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.02 Med: 11.86 Max: 58.51
Current: 21.88
During the past 13 years, Chengtun Mining Group Co's highest Return-on-Tangible-Equity was 58.51%. The lowest was -0.02%. And the median was 11.86%.
SHSE:600711's Return-on-Tangible-Equity is ranked better than 88.78% of 2379
companies
in the Metals & Mining industry
Industry Median: -16.35
vs SHSE:600711: 21.88
Chengtun Mining Group Co (SHSE:600711) 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.
Chengtun Mining Group Co Return-on-Tangible-Equity Related Terms
Chengtun Mining Group Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Chengtun Mining Group 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.
Chengtun Mining Group Co Return-on-Tangible-Equity Chart
Chengtun Mining Group Co Return-on-Tangible-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Chengtun Mining Group 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.
Chengtun Mining Group Co Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Chengtun Mining Group Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Chengtun Mining Group 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 31.35% mean?
Chengtun Mining Group Co (SHSE:600711) has a Return-on-Tangible-Equity of 31.35% 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 Chengtun Mining Group Co and its competitors. This is 164% above median its historical median of 11.86. According to the industry distribution chart, Chengtun Mining Group Co ranks #267 out of 2379 companies in the Metals & Mining industry, placing it in the top 11.2%.
Is Chengtun Mining Group Co's Return-on-Tangible-Equity too high?
Chengtun Mining Group Co's current Return-on-Tangible-Equity of 31.35% is 164% above median its 10-year median of 11.86. Based on the distribution chart, Chengtun Mining Group Co ranks #267 out of 2379 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Chengtun Mining Group Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chengtun Mining Group Co's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Chengtun Mining Group Co ranks #267 out of 2379 companies for Return-on-Tangible-Equity. This places Chengtun Mining Group Co in the top 11% 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 Chengtun Mining Group Co and its competitors. Chengtun Mining Group Co's current Return-on-Tangible-Equity is 31.35%, which is 164% above median its own 10-year median of 11.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengtun Mining Group Co stock overvalued right now?
Based on GuruFocus' analysis, Chengtun Mining Group Co (SHSE:600711) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.04, compared to a current price of ¥10.74 — trading 52.6% above its estimated fair value. The current Return-on-Tangible-Equity is 31.35%, which is 164% above median its 10-year median of 11.86. Chengtun Mining Group Co's overall GF Score™ is 58/100 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 Chengtun Mining Group Co (SHSE:600711), the current Return-on-Tangible-Equity is 31.35% 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 Chengtun Mining Group Co (SHSE:600711) Overvalued in 2026?
Based on GuruFocus' analysis, Chengtun Mining Group Co stock appears to be overvalued.
The current stock price of ¥10.74 is trading 52.6% above its estimated GF Value™ of ¥7.04.
GuruFocus considers Chengtun Mining Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:600711:
Return-on-Tangible-Equity: 31.35% (164% above median its 10-year median of 11.86)
GF Value™: ¥7.04 vs. price of ¥10.74 (52.6% above fair value)
No single metric tells the full story. See the SHSE:600711 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chengtun Mining Group Co Ltd conducts metal mining and operation businesses. It provides non-ferrous metal mining, minerals trading, and metal financial services. The company provides services for worldwide customers.
58GF Score
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