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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. Baotailong New Materials Co's annualized net income for the quarter that ended in Jun. 2026 was ¥-254.4 Mil. Baotailong New Materials Co's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ¥3,673.0 Mil. Therefore, Baotailong New Materials Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was -6.93%.
The historical rank and industry rank for Baotailong New Materials Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:601011'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -30.65 Med: 1.93 Max: 6.54
Current: -13.88
During the past 13 years, Baotailong New Materials Co's highest Return-on-Tangible-Equity was 6.54%. The lowest was -30.65%. And the median was 1.93%.
SHSE:601011's Return-on-Tangible-Equity is ranked worse than 88.56% of 612
companies
in the Steel industry
Industry Median: 4.73
vs SHSE:601011: -13.88
Baotailong New Materials Co (SHSE:601011) 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.
Baotailong New Materials Co Return-on-Tangible-Equity Related Terms
Baotailong New Materials 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.
Baotailong New Materials Co Return-on-Tangible-Equity Chart
SHSE:601011 vs HCC, AMR, SXC: Return-on-Tangible-Equity Comparison
For the Coking Coal subindustry, Baotailong New Materials 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.
Baotailong New Materials Co Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Baotailong New Materials Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Baotailong New Materials 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -6.38% mean?
Baotailong New Materials Co (SHSE:601011) has a Return-on-Tangible-Equity of -6.38% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Baotailong New Materials Co and its competitors. According to the industry distribution chart, Baotailong New Materials Co ranks #542 out of 612 companies in the Steel industry, placing it in the top 88.6%.
Is Baotailong New Materials Co's Return-on-Tangible-Equity too high?
Baotailong New Materials Co's current Return-on-Tangible-Equity is -6.38%. Based on the distribution chart, Baotailong New Materials Co ranks #542 out of 612 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Baotailong New Materials Co has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Baotailong New Materials Co's Return-on-Tangible-Equity compare to HCC and AMR?
According to the Steel industry distribution chart, Baotailong New Materials Co ranks #542 out of 612 companies for Return-on-Tangible-Equity. This places Baotailong New Materials Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.73. 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 4.73, based on 612 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 Baotailong New Materials Co and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baotailong New Materials Co's current Return-on-Tangible-Equity is -6.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baotailong New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Baotailong New Materials Co (SHSE:601011) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.18, compared to a current price of ¥2.93 — trading 148.3% above its estimated fair value. The current Return-on-Tangible-Equity is -6.38%. Baotailong New Materials Co's overall GF Score™ is 39/100 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 Baotailong New Materials Co (SHSE:601011), the current Return-on-Tangible-Equity is -6.38% as of Jun. 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 Baotailong New Materials Co (SHSE:601011) Overvalued in 2026?
Based on GuruFocus' analysis, Baotailong New Materials Co stock appears to be overvalued.
The current stock price of ¥2.93 is trading 148.3% above its estimated GF Value™ of ¥1.18.
GuruFocus considers Baotailong New Materials Co to be Significantly Overvalued.
Key valuation signals for SHSE:601011:
Return-on-Tangible-Equity: -6.38%
GF Value™: ¥1.18 vs. price of ¥2.93 (148.3% above fair value)
No single metric tells the full story. See the SHSE:601011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Baotailong New Materials Co Ltd engages in coal mining, washing, and processing operations in China. Its products include metallurgical coke, coal tar, crude benzene, coal, methanol, fusel oil, fuel oil, naphtha, coal tar pitch, etc. for steel mills and chemical companies. The company is also involved in power generation and steam production activities. It also exports its products to Russia.
39GF Score
Get the complete analysis for SHSE:601011
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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