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Jinhui Mining CoSHSE:603132 +4.74%79 Return-on-Tangible-Equity is 40.13% as of Mar. 2026, which is 111% above its 10-year median of 19.05. GuruFocus rates SHSE:603132 with a GF Score™ of 79/100 and a GF Value™ of ¥23.70 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,387 Metals & Mining companies, Jinhui Mining Co ranks better than 91.62% 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. Jinhui Mining Co's annualized net income for the quarter that ended in Mar. 2026 was ¥820 Mil. Jinhui Mining Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥2,043 Mil. Therefore, Jinhui Mining Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 40.13%.
The historical rank and industry rank for Jinhui Mining Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:603132'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.55 Med: 19.05 Max: 31.52
Current: 31.52
During the past 8 years, Jinhui Mining Co's highest Return-on-Tangible-Equity was 31.52%. The lowest was 11.55%. And the median was 19.05%.
SHSE:603132's Return-on-Tangible-Equity is ranked better than 91.62% of 2387
companies
in the Metals & Mining industry
Industry Median: -16.41
vs SHSE:603132: 31.52
Jinhui Mining Co (SHSE:603132) 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.
Jinhui Mining Co Return-on-Tangible-Equity Related Terms
Jinhui Mining Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Jinhui 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.
Jinhui Mining Co Return-on-Tangible-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Jinhui 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.
Jinhui Mining Co Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Jinhui Mining Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Jinhui 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 40.13% mean?
Jinhui Mining Co (SHSE:603132) has a Return-on-Tangible-Equity of 40.13% 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 Jinhui Mining Co and its competitors. This is 111% above median its historical median of 19.05. Over the past decade, Jinhui Mining Co's Return-on-Tangible-Equity has ranged from 11.55 to 31.52. According to the industry distribution chart, Jinhui Mining Co ranks #200 out of 2387 companies in the Metals & Mining industry, placing it in the top 8.4%.
Is Jinhui Mining Co's Return-on-Tangible-Equity too high?
Jinhui Mining Co's current Return-on-Tangible-Equity of 40.13% is 111% above median its 10-year median of 19.05. Over the past 10 years, this metric has ranged from a low of 11.55 to a high of 31.52. Based on the distribution chart, Jinhui Mining Co ranks #200 out of 2387 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Jinhui Mining Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jinhui Mining Co's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Jinhui Mining Co ranks #200 out of 2387 companies for Return-on-Tangible-Equity. This places Jinhui Mining Co in the top 8% of its industry — outperforming the majority of peers. Historically, Jinhui Mining Co's own Return-on-Tangible-Equity has ranged from 11.55 to 31.52 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 Jinhui Mining Co and its competitors. Jinhui Mining Co's current Return-on-Tangible-Equity is 40.13%, which is 111% above median its own 10-year median of 19.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinhui Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Jinhui Mining Co (SHSE:603132) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥23.70, compared to a current price of ¥19.21 — trading 18.9% below its estimated fair value. The current Return-on-Tangible-Equity is 40.13%, which is 111% above median its 10-year median of 19.05. Jinhui 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 Jinhui Mining Co (SHSE:603132), the current Return-on-Tangible-Equity is 40.13% 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 Jinhui Mining Co (SHSE:603132) Overvalued in 2026?
Based on GuruFocus' analysis, Jinhui Mining Co stock appears to be undervalued.
The current stock price of ¥19.21 is trading 18.9% below its estimated GF Value™ of ¥23.70.
GuruFocus considers Jinhui Mining Co to be Modestly Undervalued.
Key valuation signals for SHSE:603132:
Return-on-Tangible-Equity: 40.13% (111% above median its 10-year median of 19.05)
GF Value™: ¥23.70 vs. price of ¥19.21 (18.9% below fair value)
No single metric tells the full story. See the SHSE:603132 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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