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Xinjiang Joinworld CoSHSE:600888 -4.26%56 Return-on-Tangible-Equity is 9.07% as of Mar. 2026, which is 28% above its 10-year median of 7.08. GuruFocus rates SHSE:600888 with a GF Score™ of 56/100 and a GF Value™ of ¥7.93 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,381 Metals & Mining companies, Xinjiang Joinworld Co ranks better than 78.16% 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. Xinjiang Joinworld Co's annualized net income for the quarter that ended in Mar. 2026 was ¥1,059 Mil. Xinjiang Joinworld Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥11,674 Mil. Therefore, Xinjiang Joinworld Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.07%.
The historical rank and industry rank for Xinjiang Joinworld Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600888'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.27 Med: 7.08 Max: 21.12
Current: 6.34
During the past 13 years, Xinjiang Joinworld Co's highest Return-on-Tangible-Equity was 21.12%. The lowest was 1.27%. And the median was 7.08%.
SHSE:600888's Return-on-Tangible-Equity is ranked better than 78.16% of 2381
companies
in the Metals & Mining industry
Industry Median: -16.4
vs SHSE:600888: 6.34
Xinjiang Joinworld Co (SHSE:600888) 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.
Xinjiang Joinworld Co Return-on-Tangible-Equity Related Terms
Xinjiang Joinworld Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Xinjiang Joinworld 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.
Xinjiang Joinworld Co Return-on-Tangible-Equity Chart
SHSE:600888 vs AA: Return-on-Tangible-Equity Comparison
For the Aluminum subindustry, Xinjiang Joinworld 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.
Xinjiang Joinworld Co Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Xinjiang Joinworld Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Xinjiang Joinworld 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 9.07% mean?
Xinjiang Joinworld Co (SHSE:600888) has a Return-on-Tangible-Equity of 9.07% 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 Xinjiang Joinworld Co and its competitors. This is 28% above median its historical median of 7.08. Over the past decade, Xinjiang Joinworld Co's Return-on-Tangible-Equity has ranged from 1.27 to 21.12. According to the industry distribution chart, Xinjiang Joinworld Co ranks #520 out of 2381 companies in the Metals & Mining industry, placing it in the top 21.8%.
Is Xinjiang Joinworld Co's Return-on-Tangible-Equity too high?
Xinjiang Joinworld Co's current Return-on-Tangible-Equity of 9.07% is 28% above median its 10-year median of 7.08. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 21.12. Based on the distribution chart, Xinjiang Joinworld Co ranks #520 out of 2381 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Xinjiang Joinworld Co has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xinjiang Joinworld Co's Return-on-Tangible-Equity compare to AA?
According to the Metals & Mining industry distribution chart, Xinjiang Joinworld Co ranks #520 out of 2381 companies for Return-on-Tangible-Equity. This places Xinjiang Joinworld Co in the top 22% of its industry — outperforming the majority of peers. Historically, Xinjiang Joinworld Co's own Return-on-Tangible-Equity has ranged from 1.27 to 21.12 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 Xinjiang Joinworld Co and its competitors. Xinjiang Joinworld Co's current Return-on-Tangible-Equity is 9.07%, which is 28% above median its own 10-year median of 7.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinjiang Joinworld Co stock overvalued right now?
Based on GuruFocus' analysis, Xinjiang Joinworld Co (SHSE:600888) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.93, compared to a current price of ¥8.77 — trading 10.6% above its estimated fair value. The current Return-on-Tangible-Equity is 9.07%, which is 28% above median its 10-year median of 7.08. Xinjiang Joinworld Co's overall GF Score™ is 56/100 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 Xinjiang Joinworld Co (SHSE:600888), the current Return-on-Tangible-Equity is 9.07% 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 Xinjiang Joinworld Co (SHSE:600888) Overvalued in 2026?
Based on GuruFocus' analysis, Xinjiang Joinworld Co stock appears to be overvalued.
The current stock price of ¥8.77 is trading 10.6% above its estimated GF Value™ of ¥7.93.
GuruFocus considers Xinjiang Joinworld Co to be Modestly Overvalued.
Key valuation signals for SHSE:600888:
Return-on-Tangible-Equity: 9.07% (28% above median its 10-year median of 7.08)
GF Value™: ¥7.93 vs. price of ¥8.77 (10.6% above fair value)
No single metric tells the full story. See the SHSE:600888 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xinjiang Joinworld Co Ltd is a producer of high purity aluminum and electronic aluminum foil in China. The products are sold in domestic markets as well as in Japan, Europe, Southeast Asia and Taiwan.
56GF Score
Get the complete analysis for SHSE:600888
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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