Xinjiang Baodi Mining Co (SHSE:601121) Return-on-Tangible-Equity: 12.30% (As of Mar. 2026) — 14% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:601121 Xinjiang Baodi Mining Co Ltd SHSE:601121
79 GF Score
Price ¥6.46
GF Value ¥9.78
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Xinjiang Baodi Mining Co Return-on-Tangible-Equity?

Xinjiang Baodi Mining Co SHSE:601121 -4.30% 79 Return-on-Tangible-Equity is 12.30% as of Mar. 2026, which is 14% above its 10-year median of 10.80. GuruFocus rates SHSE:601121 with a GF Score™ of 79/100 and a GF Value™ of ¥9.78 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,381 Metals & Mining companies, Xinjiang Baodi Mining Co ranks better than 87.02% 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 Baodi Mining Co's annualized net income for the quarter that ended in Mar. 2026 was ¥148 Mil. Xinjiang Baodi Mining Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥1,202 Mil. Therefore, Xinjiang Baodi Mining Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.30%.

The historical rank and industry rank for Xinjiang Baodi Mining Co's Return-on-Tangible-Equity or its related term are showing as below:

SHSE:601121' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.18   Med: 10.8   Max: 20.78
Current: 18.21

During the past 11 years, Xinjiang Baodi Mining Co's highest Return-on-Tangible-Equity was 20.78%. The lowest was 3.18%. And the median was 10.80%.

SHSE:601121's Return-on-Tangible-Equity is ranked better than
87.02% of 2381 companies
in the Metals & Mining industry
Industry Median: -16.41 vs SHSE:601121: 18.21

Xinjiang Baodi Mining Co  (SHSE:601121) 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 Baodi Mining Co Return-on-Tangible-Equity Related Terms


Xinjiang Baodi Mining Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Xinjiang Baodi Mining 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 Baodi Mining Co Return-on-Tangible-Equity Chart

Xinjiang Baodi Mining Co Annual Data
Trend Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.62 17.63 20.78 11.13 10.47

Xinjiang Baodi Mining Co Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.89 21.12 26.96 11.45 12.30

Xinjiang Baodi Mining Co Return-on-Tangible-Equity Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Xinjiang Baodi Mining 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 Baodi Mining Co Return-on-Tangible-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Xinjiang Baodi Mining Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Xinjiang Baodi Mining Co's Return-on-Tangible-Equity falls into.


SHSE:601121
79GF Score
Xinjiang Baodi Mining Co Ltd SHSE:601121
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xinjiang Baodi Mining Co Return-on-Tangible-Equity Calculation

Xinjiang Baodi Mining Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=140.336/( (1321.415+1360.045 )/ 2 )
=140.336/1340.73
=10.47 %

Xinjiang Baodi Mining Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=147.836/( (1360.045+1043.705)/ 2 )
=147.836/1201.875
=12.30 %

* 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 12.30% mean?
Xinjiang Baodi Mining Co (SHSE:601121) has a Return-on-Tangible-Equity of 12.30% 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 Baodi Mining Co and its competitors. This is 14% above median its historical median of 10.80. Over the past decade, Xinjiang Baodi Mining Co's Return-on-Tangible-Equity has ranged from 3.18 to 20.78. According to the industry distribution chart, Xinjiang Baodi Mining Co ranks #309 out of 2381 companies in the Metals & Mining industry, placing it in the top 13%.
Is Xinjiang Baodi Mining Co's Return-on-Tangible-Equity too high?
Xinjiang Baodi Mining Co's current Return-on-Tangible-Equity of 12.30% is 14% above median its 10-year median of 10.80. Over the past 10 years, this metric has ranged from a low of 3.18 to a high of 20.78. Based on the distribution chart, Xinjiang Baodi Mining Co ranks #309 out of 2381 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Xinjiang Baodi Mining Co has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Xinjiang Baodi Mining Co's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Xinjiang Baodi Mining Co ranks #309 out of 2381 companies for Return-on-Tangible-Equity. This places Xinjiang Baodi Mining Co in the top 13% of its industry — outperforming the majority of peers. Historically, Xinjiang Baodi Mining Co's own Return-on-Tangible-Equity has ranged from 3.18 to 20.78 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 Baodi Mining Co and its competitors. Xinjiang Baodi Mining Co's current Return-on-Tangible-Equity is 12.30%, which is 14% above median its own 10-year median of 10.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinjiang Baodi Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Xinjiang Baodi Mining Co (SHSE:601121) is currently considered Possible Value Trap. The stock's GF Value™ is ¥9.78, compared to a current price of ¥6.46 — trading 33.9% below its estimated fair value. The current Return-on-Tangible-Equity is 12.30%, which is 14% above median its 10-year median of 10.80. Xinjiang Baodi Mining Co's overall GF Score™ is 79/100 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 Baodi Mining Co (SHSE:601121), the current Return-on-Tangible-Equity is 12.30% 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 Baodi Mining Co (SHSE:601121) Overvalued in 2026?

Based on GuruFocus' analysis, Xinjiang Baodi Mining Co stock appears to be undervalued. The current stock price of ¥6.46 is trading 33.9% below its estimated GF Value™ of ¥9.78. GuruFocus considers Xinjiang Baodi Mining Co to be Possible Value Trap.

Key valuation signals for SHSE:601121:

  • Return-on-Tangible-Equity: 12.30% (14% above median its 10-year median of 10.80)
  • GF Value™: ¥9.78 vs. price of ¥6.46 (33.9% below fair value)
  • GF Score™: 79/100 with 7 warning signs

No single metric tells the full story. See the SHSE:601121 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xinjiang Baodi Mining Co Business Description

Address No. 390 Karamay East Street, Floor 15, Shenzhen City Building, Shayibak District, Xinjiang Uygur Autonomous Region, Urumqi, CHN, 830000
Xinjiang Baodi Mining Co Ltd is engaged in Iron ore mining, mineral processing, and iron concentrate sales.
79GF Score

Get the complete analysis for SHSE:601121

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥6.46
Price
¥9.78
GF Value