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Ningbo Jintian Copper Group CoSHSE:601609 +1.66%80 Return-on-Tangible-Equity is 6.94% as of Mar. 2026, which is 28% below its 10-year median of 9.60. GuruFocus rates SHSE:601609 with a GF Score™ of 80/100 and a GF Value™ of ¥7.59 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,381 Metals & Mining companies, Ningbo Jintian Copper Group Co ranks better than 79.76% 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. Ningbo Jintian Copper Group Co's annualized net income for the quarter that ended in Mar. 2026 was ¥681 Mil. Ningbo Jintian Copper Group Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥9,814 Mil. Therefore, Ningbo Jintian Copper Group Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.94%.
The historical rank and industry rank for Ningbo Jintian Copper Group Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:601609'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.02 Med: 9.6 Max: 12.83
Current: 8.47
During the past 13 years, Ningbo Jintian Copper Group Co's highest Return-on-Tangible-Equity was 12.83%. The lowest was 6.02%. And the median was 9.60%.
SHSE:601609's Return-on-Tangible-Equity is ranked better than 79.76% of 2381
companies
in the Metals & Mining industry
Industry Median: -16.41
vs SHSE:601609: 8.47
Ningbo Jintian Copper Group Co (SHSE:601609) 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.
Ningbo Jintian Copper Group Co Return-on-Tangible-Equity Related Terms
Ningbo Jintian Copper Group 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.
Ningbo Jintian Copper Group Co Return-on-Tangible-Equity Chart
SHSE:601609 vs SCCO, FCX: Return-on-Tangible-Equity Comparison
For the Copper subindustry, Ningbo Jintian Copper Group 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.
Ningbo Jintian Copper Group Co Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ningbo Jintian Copper Group Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ningbo Jintian Copper Group 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 6.94% mean?
Ningbo Jintian Copper Group Co (SHSE:601609) has a Return-on-Tangible-Equity of 6.94% 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 Ningbo Jintian Copper Group Co and its competitors. This is 28% below median its historical median of 9.60. Over the past decade, Ningbo Jintian Copper Group Co's Return-on-Tangible-Equity has ranged from 6.02 to 12.83. According to the industry distribution chart, Ningbo Jintian Copper Group Co ranks #482 out of 2381 companies in the Metals & Mining industry, placing it in the top 20.2%.
Is Ningbo Jintian Copper Group Co's Return-on-Tangible-Equity too high?
Ningbo Jintian Copper Group Co's current Return-on-Tangible-Equity of 6.94% is 28% below median its 10-year median of 9.60. Over the past 10 years, this metric has ranged from a low of 6.02 to a high of 12.83. Based on the distribution chart, Ningbo Jintian Copper Group Co ranks #482 out of 2381 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Ningbo Jintian Copper Group Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Jintian Copper Group Co's Return-on-Tangible-Equity compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Ningbo Jintian Copper Group Co ranks #482 out of 2381 companies for Return-on-Tangible-Equity. This places Ningbo Jintian Copper Group Co in the top 20% of its industry — outperforming the majority of peers. Historically, Ningbo Jintian Copper Group Co's own Return-on-Tangible-Equity has ranged from 6.02 to 12.83 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 Ningbo Jintian Copper Group Co and its competitors. Ningbo Jintian Copper Group Co's current Return-on-Tangible-Equity is 6.94%, which is 28% below median its own 10-year median of 9.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Jintian Copper Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Jintian Copper Group Co (SHSE:601609) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.59, compared to a current price of ¥9.78 — trading 28.9% above its estimated fair value. The current Return-on-Tangible-Equity is 6.94%, which is 28% below median its 10-year median of 9.60. Ningbo Jintian Copper Group Co's overall GF Score™ is 80/100 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 Ningbo Jintian Copper Group Co (SHSE:601609), the current Return-on-Tangible-Equity is 6.94% 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 Ningbo Jintian Copper Group Co (SHSE:601609) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Jintian Copper Group Co stock appears to be overvalued.
The current stock price of ¥9.78 is trading 28.9% above its estimated GF Value™ of ¥7.59.
GuruFocus considers Ningbo Jintian Copper Group Co to be Modestly Overvalued.
Key valuation signals for SHSE:601609:
Return-on-Tangible-Equity: 6.94% (28% below median its 10-year median of 9.60)
GF Value™: ¥7.59 vs. price of ¥9.78 (28.9% above fair value)
No single metric tells the full story. See the SHSE:601609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Jintian Copper Group Co Business Description
Ningbo Jintian Copper Group Co Ltd is engaged in production and sales of recycled copper smelting, copper product processing, deep processing and sintered NdFeB permanent magnet materials. Its activity includes nonferrous and ferrous metal rolling, processing; manufacturing and processing of grinding wheels, wires, motors, hardware, valves, electronic components, fasteners; enameled wire, electrolytic copper, copper rods, plates, tapes, wires, tubes, magnetic materials, stainless steel products.
80GF Score
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