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Western Mining CoSHSE:601168 +4.08%79 Return-on-Tangible-Equity is 59.88% as of Mar. 2026, which is 203% above its 10-year median of 19.79. GuruFocus rates SHSE:601168 with a GF Score™ of 79/100 and a GF Value™ of ¥23.08 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,378 Metals & Mining companies, Western Mining Co ranks better than 93.44% 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 Mining Co's annualized net income for the quarter that ended in Mar. 2026 was ¥6,344 Mil. Western Mining Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥10,595 Mil. Therefore, Western Mining Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 59.88%.
The historical rank and industry rank for Western Mining Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:601168'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -31.79 Med: 19.79 Max: 37.72
Current: 37.72
During the past 13 years, Western Mining Co's highest Return-on-Tangible-Equity was 37.72%. The lowest was -31.79%. And the median was 19.79%.
SHSE:601168's Return-on-Tangible-Equity is ranked better than 93.44% of 2378
companies
in the Metals & Mining industry
Industry Median: -16.405
vs SHSE:601168: 37.72
Western Mining Co (SHSE:601168) 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 Mining Co Return-on-Tangible-Equity Related Terms
Western Mining Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Western 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.
Western Mining Co Return-on-Tangible-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Western 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.
Western Mining Co Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Western Mining Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Western Mining 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 59.88% mean?
Western Mining Co (SHSE:601168) has a Return-on-Tangible-Equity of 59.88% 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 Mining Co and its competitors. This is 203% above median its historical median of 19.79. According to the industry distribution chart, Western Mining Co ranks #156 out of 2378 companies in the Metals & Mining industry, placing it in the top 6.6%.
Is Western Mining Co's Return-on-Tangible-Equity too high?
Western Mining Co's current Return-on-Tangible-Equity of 59.88% is 203% above median its 10-year median of 19.79. Based on the distribution chart, Western Mining Co ranks #156 out of 2378 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Western Mining Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Western Mining Co's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Western Mining Co ranks #156 out of 2378 companies for Return-on-Tangible-Equity. This places Western Mining Co in the top 7% 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 Mining Co and its competitors. Western Mining Co's current Return-on-Tangible-Equity is 59.88%, which is 203% above median its own 10-year median of 19.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Western Mining Co (SHSE:601168) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥23.08, compared to a current price of ¥37.72 — trading 63.4% above its estimated fair value. The current Return-on-Tangible-Equity is 59.88%, which is 203% above median its 10-year median of 19.79. Western Mining Co's overall GF Score™ is 79/100 with 6 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 Mining Co (SHSE:601168), the current Return-on-Tangible-Equity is 59.88% 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 Mining Co (SHSE:601168) Overvalued in 2026?
Based on GuruFocus' analysis, Western Mining Co stock appears to be overvalued.
The current stock price of ¥37.72 is trading 63.4% above its estimated GF Value™ of ¥23.08.
GuruFocus considers Western Mining Co to be Significantly Overvalued.
Key valuation signals for SHSE:601168:
Return-on-Tangible-Equity: 59.88% (203% above median its 10-year median of 19.79)
GF Value™: ¥23.08 vs. price of ¥37.72 (63.4% above fair value)
No single metric tells the full story. See the SHSE:601168 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Mining Co Ltd is a mining company mainly engaged in the comprehensive development of mineral resources in the western region of China. The company's business operations include mining, smelting, and trading of basic non-ferrous metals and ferrous metals such as copper, lead, zinc, and iron. It is divided into four trading sectors: mining, smelting, trade, and finance.
79GF Score
Get the complete analysis for SHSE:601168
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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