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Shanghai Huafon AluminiumSHSE:601702 -1.10%89 Return-on-Tangible-Equity is 15.95% as of Mar. 2026, which is 23% below its 10-year median of 20.82. GuruFocus rates SHSE:601702 with a GF Score™ of 89/100 and a GF Value™ of ¥22.95 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,379 Metals & Mining companies, Shanghai Huafon Aluminium ranks better than 88.1% 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. Shanghai Huafon Aluminium's annualized net income for the quarter that ended in Mar. 2026 was ¥972 Mil. Shanghai Huafon Aluminium's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥6,090 Mil. Therefore, Shanghai Huafon Aluminium's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.95%.
The historical rank and industry rank for Shanghai Huafon Aluminium's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:601702'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.08 Med: 20.82 Max: 25.34
Current: 20.22
During the past 11 years, Shanghai Huafon Aluminium's highest Return-on-Tangible-Equity was 25.34%. The lowest was 13.08%. And the median was 20.82%.
SHSE:601702's Return-on-Tangible-Equity is ranked better than 88.1% of 2379
companies
in the Metals & Mining industry
Industry Median: -16.48
vs SHSE:601702: 20.22
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.
Shanghai Huafon Aluminium Return-on-Tangible-Equity Related Terms
Shanghai Huafon Aluminium Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Shanghai Huafon Aluminium'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.
SHSE:601702 vs AA: Return-on-Tangible-Equity Comparison
For the Aluminum subindustry, Shanghai Huafon Aluminium'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.
Shanghai Huafon Aluminium Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Shanghai Huafon Aluminium's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shanghai Huafon Aluminium'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 15.95% mean?
Shanghai Huafon Aluminium (SHSE:601702) has a Return-on-Tangible-Equity of 15.95% 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 Shanghai Huafon Aluminium and its competitors. This is 23% below median its historical median of 20.82. Over the past decade, Shanghai Huafon Aluminium's Return-on-Tangible-Equity has ranged from 13.08 to 25.34. According to the industry distribution chart, Shanghai Huafon Aluminium ranks #283 out of 2379 companies in the Metals & Mining industry, placing it in the top 11.9%.
Is Shanghai Huafon Aluminium's Return-on-Tangible-Equity too high?
Shanghai Huafon Aluminium's current Return-on-Tangible-Equity of 15.95% is 23% below median its 10-year median of 20.82. Over the past 10 years, this metric has ranged from a low of 13.08 to a high of 25.34. Based on the distribution chart, Shanghai Huafon Aluminium ranks #283 out of 2379 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Huafon Aluminium has a GF Score™ of 89/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanghai Huafon Aluminium's Return-on-Tangible-Equity compare to AA?
According to the Metals & Mining industry distribution chart, Shanghai Huafon Aluminium ranks #283 out of 2379 companies for Return-on-Tangible-Equity. This places Shanghai Huafon Aluminium in the top 12% of its industry — outperforming the majority of peers. Historically, Shanghai Huafon Aluminium's own Return-on-Tangible-Equity has ranged from 13.08 to 25.34 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 Shanghai Huafon Aluminium and its competitors. Shanghai Huafon Aluminium's current Return-on-Tangible-Equity is 15.95%, which is 23% below median its own 10-year median of 20.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Huafon Aluminium stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Huafon Aluminium (SHSE:601702) is currently considered Possible Value Trap. The stock's GF Value™ is ¥22.95, compared to a current price of ¥14.41 — trading 37.2% below its estimated fair value. The current Return-on-Tangible-Equity is 15.95%, which is 23% below median its 10-year median of 20.82. Shanghai Huafon Aluminium's overall GF Score™ is 89/100 with 3 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 Shanghai Huafon Aluminium (SHSE:601702), the current Return-on-Tangible-Equity is 15.95% 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 Shanghai Huafon Aluminium (SHSE:601702) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Huafon Aluminium stock appears to be undervalued.
The current stock price of ¥14.41 is trading 37.2% below its estimated GF Value™ of ¥22.95.
GuruFocus considers Shanghai Huafon Aluminium to be Possible Value Trap.
Key valuation signals for SHSE:601702:
Return-on-Tangible-Equity: 15.95% (23% below median its 10-year median of 20.82)
GF Value™: ¥22.95 vs. price of ¥14.41 (37.2% below fair value)
No single metric tells the full story. See the SHSE:601702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Huafon Aluminium Corp is engaged in production and sales of aluminum sheet, strip and foil. The company's products include brazed heat exchangers material; water tanks, heaters, air coolers; condenser; evaporator, heater, oil cooler; and Other Industrial Products Materials. Its products line covers all kinds of alloyed material and specifications which is widely used in the automobile and construction machinery and equipment cooling systems, power station cooling system, micro-channel cooler and all kinds of both commercial and residential air-conditioners. It also processes all kinds of aluminum products processing 1,3,4,5,7 series, which are widely used in transportation construction, food packaging, electronics information industry and other fields.
89GF Score
Get the complete analysis for SHSE:601702
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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