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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.
Western Region Gold CoSHSE:601069 +1.67%64 Return-on-Tangible-Equity is 98.44% as of Mar. 2026, which is 1563% above its 10-year median of 5.92. GuruFocus rates SHSE:601069 with a GF Score™ of 64/100 and a GF Value™ of ¥51.67 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,386 Metals & Mining companies, Western Region Gold Co ranks better than 94.51% 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. Western Region Gold Co's annualized net income for the quarter that ended in Mar. 2026 was ¥2,090 Mil. Western Region Gold Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥2,123 Mil. Therefore, Western Region Gold Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 98.44%.
The historical rank and industry rank for Western Region Gold Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:601069'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.83 Med: 5.92 Max: 44.67
Current: 44.67
During the past 13 years, Western Region Gold Co's highest Return-on-Tangible-Equity was 44.67%. The lowest was -6.83%. And the median was 5.92%.
SHSE:601069's Return-on-Tangible-Equity is ranked better than 94.51% of 2386
companies
in the Metals & Mining industry
Industry Median: -16.28
vs SHSE:601069: 44.67
Western Region Gold Co (SHSE:601069) 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.
Western Region Gold Co Return-on-Tangible-Equity Related Terms
Western Region Gold Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Western Region Gold 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.
Western Region Gold Co Return-on-Tangible-Equity Chart
SHSE:601069 vs NEM, AU, RGLD: Return-on-Tangible-Equity Comparison
For the Gold subindustry, Western Region Gold 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.
Western Region Gold Co Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Western Region Gold Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Western Region Gold 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 98.44% mean?
Western Region Gold Co (SHSE:601069) has a Return-on-Tangible-Equity of 98.44% 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 Western Region Gold Co and its competitors. This is 1563% above median its historical median of 5.92. According to the industry distribution chart, Western Region Gold Co ranks #131 out of 2386 companies in the Metals & Mining industry, placing it in the top 5.5%.
Is Western Region Gold Co's Return-on-Tangible-Equity too high?
Western Region Gold Co's current Return-on-Tangible-Equity of 98.44% is 1563% above median its 10-year median of 5.92. Based on the distribution chart, Western Region Gold Co ranks #131 out of 2386 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Western Region Gold Co has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Western Region Gold Co's Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Western Region Gold Co ranks #131 out of 2386 companies for Return-on-Tangible-Equity. This places Western Region Gold Co in the top 6% 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 Western Region Gold Co and its competitors. Western Region Gold Co's current Return-on-Tangible-Equity is 98.44%, which is 1563% above median its own 10-year median of 5.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Region Gold Co stock overvalued right now?
Based on GuruFocus' analysis, Western Region Gold Co (SHSE:601069) is currently considered Possible Value Trap. The stock's GF Value™ is ¥51.67, compared to a current price of ¥28.00 — trading 45.8% below its estimated fair value. The current Return-on-Tangible-Equity is 98.44%, which is 1563% above median its 10-year median of 5.92. Western Region Gold Co's overall GF Score™ is 64/100 with 5 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 Western Region Gold Co (SHSE:601069), the current Return-on-Tangible-Equity is 98.44% 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 Western Region Gold Co (SHSE:601069) Overvalued in 2026?
Based on GuruFocus' analysis, Western Region Gold Co stock appears to be undervalued.
The current stock price of ¥28.00 is trading 45.8% below its estimated GF Value™ of ¥51.67.
GuruFocus considers Western Region Gold Co to be Possible Value Trap.
Key valuation signals for SHSE:601069:
Return-on-Tangible-Equity: 98.44% (1563% above median its 10-year median of 5.92)
GF Value™: ¥51.67 vs. price of ¥28.00 (45.8% below fair value)
No single metric tells the full story. See the SHSE:601069 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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