ZHAOF (Zhaojin Mining Industry Co) Return-on-Tangible-Equity: 38.42% (As of Dec. 2025) — 898% Above Median


ZHAOF Zhaojin Mining Industry Co Ltd ZHAOF
75 GF Score
Price $2.06
GF Value $3.78
Valuation Possible Value Trap
! 4 Warning Signs
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What is Zhaojin Mining Industry Co Return-on-Tangible-Equity?

Zhaojin Mining Industry Co ZHAOF 75 Return-on-Tangible-Equity is 38.42% as of Dec. 2025, which is 898% above its 10-year median of 3.85. GuruFocus rates ZHAOF with a GF Score™ of 75/100 and a GF Value™ of $3.78 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,378 Metals & Mining companies, Zhaojin Mining Industry Co ranks better than 85.7% 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. Zhaojin Mining Industry Co's annualized net income for the quarter that ended in Dec. 2025 was $850 Mil. Zhaojin Mining Industry Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $2,212 Mil. Therefore, Zhaojin Mining Industry Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 38.42%.

The historical rank and industry rank for Zhaojin Mining Industry Co's Return-on-Tangible-Equity or its related term are showing as below:

ZHAOF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.24   Med: 3.85   Max: 16.46
Current: 15.43

During the past 13 years, Zhaojin Mining Industry Co's highest Return-on-Tangible-Equity was 16.46%. The lowest was 0.24%. And the median was 3.85%.

ZHAOF's Return-on-Tangible-Equity is ranked better than
85.7% of 2378 companies
in the Metals & Mining industry
Industry Median: -16.365 vs ZHAOF: 15.43

Zhaojin Mining Industry Co  (OTCPK:ZHAOF) 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.


Zhaojin Mining Industry Co Return-on-Tangible-Equity Related Terms


Zhaojin Mining Industry Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Zhaojin Mining Industry 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.

Zhaojin Mining Industry Co Return-on-Tangible-Equity Chart

Zhaojin Mining Industry Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 2.43 3.97 7.42 16.45

Zhaojin Mining Industry Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.37 17.48 0.00 43.88 38.42

ZHAOF vs NEM, AU: Return-on-Tangible-Equity Comparison

For the Gold subindustry, Zhaojin Mining Industry 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.


Zhaojin Mining Industry Co Return-on-Tangible-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Zhaojin Mining Industry Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Zhaojin Mining Industry Co's Return-on-Tangible-Equity falls into.


ZHAOF
75GF Score
Zhaojin Mining Industry Co Ltd ZHAOF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhaojin Mining Industry Co Return-on-Tangible-Equity Calculation

Zhaojin Mining Industry Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=513.118/( (2822.033+3416 )/ 2 )
=513.118/3119.0165
=16.45 %

Zhaojin Mining Industry Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=849.992/( (1008.605+3416)/ 2 )
=849.992/2212.3025
=38.42 %

* 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 (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 38.42% mean?
Zhaojin Mining Industry Co (ZHAOF) has a Return-on-Tangible-Equity of 38.42% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Zhaojin Mining Industry Co and its competitors. This is 898% above median its historical median of 3.85. Over the past decade, Zhaojin Mining Industry Co's Return-on-Tangible-Equity has ranged from 0.24 to 16.46. According to the industry distribution chart, Zhaojin Mining Industry Co ranks #340 out of 2378 companies in the Metals & Mining industry, placing it in the top 14.3%.
Is Zhaojin Mining Industry Co's Return-on-Tangible-Equity too high?
Zhaojin Mining Industry Co's current Return-on-Tangible-Equity of 38.42% is 898% above median its 10-year median of 3.85. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 16.46. Based on the distribution chart, Zhaojin Mining Industry Co ranks #340 out of 2378 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Zhaojin Mining Industry Co has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhaojin Mining Industry Co's Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Zhaojin Mining Industry Co ranks #340 out of 2378 companies for Return-on-Tangible-Equity. This places Zhaojin Mining Industry Co in the top 14% of its industry — outperforming the majority of peers. Historically, Zhaojin Mining Industry Co's own Return-on-Tangible-Equity has ranged from 0.24 to 16.46 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 Zhaojin Mining Industry Co and its competitors. Zhaojin Mining Industry Co's current Return-on-Tangible-Equity is 38.42%, which is 898% above median its own 10-year median of 3.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhaojin Mining Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Zhaojin Mining Industry Co (ZHAOF) is currently considered Possible Value Trap. The stock's GF Value™ is $3.78, compared to a current price of $2.06 — trading 45.5% below its estimated fair value. The current Return-on-Tangible-Equity is 38.42%, which is 898% above median its 10-year median of 3.85. Zhaojin Mining Industry Co's overall GF Score™ is 75/100 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 Zhaojin Mining Industry Co (ZHAOF), the current Return-on-Tangible-Equity is 38.42% as of Dec. 2025. 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 Zhaojin Mining Industry Co (ZHAOF) Overvalued in 2026?

Based on GuruFocus' analysis, Zhaojin Mining Industry Co stock appears to be undervalued. The current stock price of $2.06 is trading 45.5% below its estimated GF Value™ of $3.78. GuruFocus considers Zhaojin Mining Industry Co to be Possible Value Trap.

Key valuation signals for ZHAOF:

  • Return-on-Tangible-Equity: 38.42% (898% above median its 10-year median of 3.85)
  • GF Value™: $3.78 vs. price of $2.06 (45.5% below fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the ZHAOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhaojin Mining Industry Co Business Description

Other Exchanges 01818:Hong KongZVL:Germany
Address 1 Matheson Street, Causeway Bay, 31st Floor, Tower Two, Times Square, HKG, 265400
Zhaojin Mining Industry Co Ltd is engaged in the mining, processing, smelting, and sale of gold and silver products. The company has three reportable operating segments as follows: the Gold operations segment consists of gold mining and smelting operations; the Copper operations segment consists of copper mining and smelting operations; the Others segment comprises, principally, the Group's other investment activities, operation of a finance company, operation and catering services of a hotel, exploration services, engineering design and consulting services, and overseas operations.
75GF Score

Get the complete analysis for ZHAOF

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.06
Price
$3.78
GF Value