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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. Shanxi Coking Co's annualized net income for the quarter that ended in Mar. 2026 was ¥-73 Mil. Shanxi Coking Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥14,977 Mil. Therefore, Shanxi Coking Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -0.49%.
The historical rank and industry rank for Shanxi Coking Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600740'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.55 Med: 6.91 Max: 28.32
Current: 0.9
During the past 13 years, Shanxi Coking Co's highest Return-on-Tangible-Equity was 28.32%. The lowest was 0.55%. And the median was 6.91%.
SHSE:600740's Return-on-Tangible-Equity is ranked worse than 65.91% of 616
companies
in the Steel industry
Industry Median: 4.13
vs SHSE:600740: 0.90
Shanxi Coking Co (SHSE:600740) 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.
Shanxi Coking Co Return-on-Tangible-Equity Related Terms
Shanxi Coking Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Shanxi Coking 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.
SHSE:600740 vs HCC, AMR, SXC: Return-on-Tangible-Equity Comparison
For the Coking Coal subindustry, Shanxi Coking 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.
Shanxi Coking Co Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Shanxi Coking Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shanxi Coking 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 -0.49% mean?
Shanxi Coking Co (SHSE:600740) has a Return-on-Tangible-Equity of -0.49% 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 Shanxi Coking Co and its competitors. Over the past decade, Shanxi Coking Co's Return-on-Tangible-Equity has ranged from 0.55 to 28.32. According to the industry distribution chart, Shanxi Coking Co ranks #406 out of 616 companies in the Steel industry, placing it in the top 65.9%.
Is Shanxi Coking Co's Return-on-Tangible-Equity too high?
Shanxi Coking Co's current Return-on-Tangible-Equity is -0.49%. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 28.32. Based on the distribution chart, Shanxi Coking Co ranks #406 out of 616 companies in the Steel industry, which is below the industry midpoint. Overall, Shanxi Coking Co has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanxi Coking Co's Return-on-Tangible-Equity compare to HCC and AMR?
According to the Steel industry distribution chart, Shanxi Coking Co ranks #406 out of 616 companies for Return-on-Tangible-Equity. This places Shanxi Coking Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.13. Historically, Shanxi Coking Co's own Return-on-Tangible-Equity has ranged from 0.55 to 28.32 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.13, based on 616 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. 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 Shanxi Coking Co and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanxi Coking Co's current Return-on-Tangible-Equity is -0.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Coking Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Coking Co (SHSE:600740) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.97, compared to a current price of ¥3.61 — trading 21.5% above its estimated fair value. The current Return-on-Tangible-Equity is -0.49%. Shanxi Coking Co's overall GF Score™ is 51/100 with 7 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 Shanxi Coking Co (SHSE:600740), the current Return-on-Tangible-Equity is -0.49% 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 Shanxi Coking Co (SHSE:600740) Overvalued in 2026?
Based on GuruFocus' analysis, Shanxi Coking Co stock appears to be overvalued.
The current stock price of ¥3.61 is trading 21.5% above its estimated GF Value™ of ¥2.97.
GuruFocus considers Shanxi Coking Co to be Modestly Overvalued.
Key valuation signals for SHSE:600740:
Return-on-Tangible-Equity: -0.49%
GF Value™: ¥2.97 vs. price of ¥3.61 (21.5% above fair value)
No single metric tells the full story. See the SHSE:600740 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanxi Coking Co Ltd is a China-based company engaged in the business of coal washing, coking production, coal tar and crude benzene processing, methanol production, electronic technology, chemical design, construction and installation, logistics trade, and property services.
51GF Score
Get the complete analysis for SHSE:600740
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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