Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
CITIC Metal CoSHSE:601061 +1.47%78 Return-on-Tangible-Equity is 23.22% as of Mar. 2026, which is 91% above its 10-year median of 12.18. GuruFocus rates SHSE:601061 with a GF Score™ of 78/100 and a GF Value™ of ¥9.41 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,383 Metals & Mining companies, CITIC Metal Co ranks better than 84.98% 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. CITIC Metal Co's annualized net income for the quarter that ended in Mar. 2026 was ¥5,506 Mil. CITIC Metal Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥23,712 Mil. Therefore, CITIC Metal Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 23.22%.
The historical rank and industry rank for CITIC Metal Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:601061'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.93 Med: 12.18 Max: 17.83
Current: 15.06
During the past 8 years, CITIC Metal Co's highest Return-on-Tangible-Equity was 17.83%. The lowest was 7.93%. And the median was 12.18%.
SHSE:601061's Return-on-Tangible-Equity is ranked better than 84.98% of 2383
companies
in the Metals & Mining industry
Industry Median: -16.4
vs SHSE:601061: 15.06
CITIC Metal Co (SHSE:601061) 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.
CITIC Metal Co Return-on-Tangible-Equity Related Terms
CITIC Metal Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for CITIC Metal 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.
CITIC Metal Co Return-on-Tangible-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, CITIC Metal 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.
CITIC Metal Co Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, CITIC Metal Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CITIC Metal 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 23.22% mean?
CITIC Metal Co (SHSE:601061) has a Return-on-Tangible-Equity of 23.22% 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 CITIC Metal Co and its competitors. This is 91% above median its historical median of 12.18. Over the past decade, CITIC Metal Co's Return-on-Tangible-Equity has ranged from 7.93 to 17.83. According to the industry distribution chart, CITIC Metal Co ranks #358 out of 2383 companies in the Metals & Mining industry, placing it in the top 15%.
Is CITIC Metal Co's Return-on-Tangible-Equity too high?
CITIC Metal Co's current Return-on-Tangible-Equity of 23.22% is 91% above median its 10-year median of 12.18. Over the past 10 years, this metric has ranged from a low of 7.93 to a high of 17.83. Based on the distribution chart, CITIC Metal Co ranks #358 out of 2383 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, CITIC Metal Co has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CITIC Metal Co's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, CITIC Metal Co ranks #358 out of 2383 companies for Return-on-Tangible-Equity. This places CITIC Metal Co in the top 15% of its industry — outperforming the majority of peers. Historically, CITIC Metal Co's own Return-on-Tangible-Equity has ranged from 7.93 to 17.83 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 CITIC Metal Co and its competitors. CITIC Metal Co's current Return-on-Tangible-Equity is 23.22%, which is 91% above median its own 10-year median of 12.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CITIC Metal Co stock overvalued right now?
Based on GuruFocus' analysis, CITIC Metal Co (SHSE:601061) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥9.41, compared to a current price of ¥11.70 — trading 24.3% above its estimated fair value. The current Return-on-Tangible-Equity is 23.22%, which is 91% above median its 10-year median of 12.18. CITIC Metal Co's overall GF Score™ is 78/100 with 4 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 CITIC Metal Co (SHSE:601061), the current Return-on-Tangible-Equity is 23.22% 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 CITIC Metal Co (SHSE:601061) Overvalued in 2026?
Based on GuruFocus' analysis, CITIC Metal Co stock appears to be overvalued.
The current stock price of ¥11.70 is trading 24.3% above its estimated GF Value™ of ¥9.41.
GuruFocus considers CITIC Metal Co to be Modestly Overvalued.
Key valuation signals for SHSE:601061:
Return-on-Tangible-Equity: 23.22% (91% above median its 10-year median of 12.18)
GF Value™: ¥9.41 vs. price of ¥11.70 (24.3% above fair value)
No single metric tells the full story. See the SHSE:601061 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CITIC Metal Co Ltd is engaged in trading of metals and minerals. The company trades in ferrous metals including iron ores and steel, and non-ferrous metals such as niobium, copper and aluminum. In addition to the trading business, the company also engages in the businesses of special minerals and dry bulk shipping. The special minerals business covers importing and cross-border trading of chrome ores, manganese ores, ferrochromium and silicomanganese, committed to ensuring stable supply of quality raw materials to alloy producers. The dry bulk shipping business mainly operates routes between Australia and China, South Africa and China, Southeast Asia and India, providing customers with sea transport services for dry bulk cargos.
78GF Score
Get the complete analysis for SHSE:601061
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:601061 has been successfully added to your 
