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Zhejiang Huayou Cobalt CoXSWX:HUAYO 90 Return-on-Tangible-Equity is 22.36% as of Mar. 2026, which is 51% above its 10-year median of 14.76. GuruFocus rates XSWX:HUAYO with a GF Score™ of 90/100 and a GF Value™ of $11.68. The stock has 4 warning signs investors should review. Among 2,379 Metals & Mining companies, Zhejiang Huayou Cobalt Co ranks better than 86.97% 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. Zhejiang Huayou Cobalt Co's annualized net income for the quarter that ended in Mar. 2026 was $1,449 Mil. Zhejiang Huayou Cobalt Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $6,483 Mil. Therefore, Zhejiang Huayou Cobalt Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 22.36%.
The historical rank and industry rank for Zhejiang Huayou Cobalt Co's Return-on-Tangible-Equity or its related term are showing as below:
XSWX:HUAYO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.64 Med: 14.76 Max: 41.87
Current: 18.21
During the past 13 years, Zhejiang Huayou Cobalt Co's highest Return-on-Tangible-Equity was 41.87%. The lowest was 1.64%. And the median was 14.76%.
XSWX:HUAYO's Return-on-Tangible-Equity is ranked better than 86.97% of 2379
companies
in the Metals & Mining industry
Industry Median: -16.35
vs XSWX:HUAYO: 18.21
Zhejiang Huayou Cobalt Co (XSWX:HUAYO) 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.
Zhejiang Huayou Cobalt Co Return-on-Tangible-Equity Related Terms
Zhejiang Huayou Cobalt Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Zhejiang Huayou Cobalt 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.
Zhejiang Huayou Cobalt Co Return-on-Tangible-Equity Chart
Zhejiang Huayou Cobalt Co Return-on-Tangible-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Zhejiang Huayou Cobalt 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.
Zhejiang Huayou Cobalt Co Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Zhejiang Huayou Cobalt Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zhejiang Huayou Cobalt 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 22.36% mean?
Zhejiang Huayou Cobalt Co (XSWX:HUAYO) has a Return-on-Tangible-Equity of 22.36% 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 Zhejiang Huayou Cobalt Co and its competitors. This is 51% above median its historical median of 14.76. Over the past decade, Zhejiang Huayou Cobalt Co's Return-on-Tangible-Equity has ranged from 1.64 to 41.87. According to the industry distribution chart, Zhejiang Huayou Cobalt Co ranks #310 out of 2379 companies in the Metals & Mining industry, placing it in the top 13%.
Is Zhejiang Huayou Cobalt Co's Return-on-Tangible-Equity too high?
Zhejiang Huayou Cobalt Co's current Return-on-Tangible-Equity of 22.36% is 51% above median its 10-year median of 14.76. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 41.87. Based on the distribution chart, Zhejiang Huayou Cobalt Co ranks #310 out of 2379 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Huayou Cobalt Co has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Huayou Cobalt Co's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Zhejiang Huayou Cobalt Co ranks #310 out of 2379 companies for Return-on-Tangible-Equity. This places Zhejiang Huayou Cobalt Co in the top 13% of its industry — outperforming the majority of peers. Historically, Zhejiang Huayou Cobalt Co's own Return-on-Tangible-Equity has ranged from 1.64 to 41.87 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 Zhejiang Huayou Cobalt Co and its competitors. Zhejiang Huayou Cobalt Co's current Return-on-Tangible-Equity is 22.36%, which is 51% above median its own 10-year median of 14.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Huayou Cobalt Co stock overvalued right now?
Zhejiang Huayou Cobalt Co (XSWX:HUAYO) has a current Return-on-Tangible-Equity of 22.36%. The stock's GF Value™ is $11.68, compared to a current price of $9.80 — trading 16.1% below its estimated fair value. The current Return-on-Tangible-Equity is 22.36%, which is 51% above median its 10-year median of 14.76. Zhejiang Huayou Cobalt Co's overall GF Score™ is 90/100 with 4 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 Zhejiang Huayou Cobalt Co (XSWX:HUAYO), the current Return-on-Tangible-Equity is 22.36% 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 Zhejiang Huayou Cobalt Co (XSWX:HUAYO) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Huayou Cobalt Co stock appears to be undervalued.
The current stock price of $9.80 is trading 16.1% below its estimated GF Value™ of $11.68.
Key valuation signals for XSWX:HUAYO:
Return-on-Tangible-Equity: 22.36% (51% above median its 10-year median of 14.76)
GF Value™: $11.68 vs. price of $9.80 (16.1% below fair value)
No single metric tells the full story. See the XSWX:HUAYO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Huayou Cobalt Co Ltd provides metal production and processing services. The company produces cobalt oxide, cobalt carbonate, cobalt hydroxide, cobalt oxalate, cobalt sulfate, cobalt monoxide, copper, nickel, and related products.
90GF Score
Get the complete analysis for XSWX:HUAYO
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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