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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Dragon MiningHKSE:01712 73 ROA % is 46.47% as of Jun. 2026, which is 856% above its 10-year median of 4.86. GuruFocus rates HKSE:01712 with a GF Score™ of 73/100 and a GF Value™ of HK$5.52 (Significantly Overvalued). Among 2,670 Metals & Mining companies, Dragon Mining ranks better than 98.09% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Dragon Mining's annualizedNet Income for the quarter that ended in Jun. 2026 was HK$703 Mil.
Dragon Mining's average Total Assets over the quarter that ended in Jun. 2026 was HK$1,513 Mil. Therefore, Dragon Mining's annualized ROA % for the quarter that ended in Jun. 2026 was 46.47%.
The historical rank and industry rank for Dragon Mining's ROA % or its related term are showing as below:
HKSE:01712'
s ROA % Range Over the Past 10 Years
Min: -16.38 Med: 4.86 Max: 46.28
Current: 46.28
During the past 13 years, Dragon Mining's highest ROA % was 46.28%. The lowest was -16.38%. And the median was 4.86%.
HKSE:01712's ROA % is ranked better than 98.09% of 2670
companies
in the Metals & Mining industry
Industry Median: -16.44
vs HKSE:01712: 46.28
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Jun. 2026) net income data. The Revenue data used here is two times the semi-annual (Jun. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Dragon Mining ROA % Related Terms
Dragon Mining ROA % Historical Data
* Premium members only.
The historical data trend for Dragon Mining's ROA % 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.
For the Gold subindustry, Dragon Mining's ROA %, along with its competitors' market caps and ROA % 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.
Dragon Mining ROA % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Dragon Mining's ROA % distribution charts can be found below:
* The bar in red indicates where Dragon Mining's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Jun. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Dragon Mining (HKSE:01712) has a ROA % of 46.47% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Dragon Mining and its competitors. This is 856% above median its historical median of 4.86. According to the industry distribution chart, Dragon Mining ranks #51 out of 2670 companies in the Metals & Mining industry, placing it in the top 1.9%.
Is Dragon Mining's ROA % too high?
Dragon Mining's current ROA % of 46.47% is 856% above median its 10-year median of 4.86. Based on the distribution chart, Dragon Mining ranks #51 out of 2670 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Dragon Mining has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dragon Mining's ROA % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Dragon Mining ranks #51 out of 2670 companies for ROA %. This places Dragon Mining in the top 2% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Metals & Mining company?
A good ROA % depends on the Metals & Mining industry context. However, ROA % 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Dragon Mining and its competitors. Dragon Mining's current ROA % is 46.47%, which is 856% above median its own 10-year median of 4.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dragon Mining stock overvalued right now?
Based on GuruFocus' analysis, Dragon Mining (HKSE:01712) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$5.52, compared to a current price of HK$7.44 — trading 34.8% above its estimated fair value. The current ROA % is 46.47%, which is 856% above median its 10-year median of 4.86. Dragon Mining's overall GF Score™ is 73/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Dragon Mining (HKSE:01712), the current ROA % is 46.47% as of Jun. 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 Dragon Mining (HKSE:01712) Overvalued in 2026?
Based on GuruFocus' analysis, Dragon Mining stock appears to be overvalued.
The current stock price of HK$7.44 is trading 34.8% above its estimated GF Value™ of HK$5.52.
GuruFocus considers Dragon Mining to be Significantly Overvalued.
Key valuation signals for HKSE:01712:
ROA %: 46.47% (856% above median its 10-year median of 4.86)
GF Value™: HK$5.52 vs. price of HK$7.44 (34.8% above fair value)
No single metric tells the full story. See the HKSE:01712 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dragon Mining Ltd is principally engaged in gold exploration, mining, and processing in the Nordic region. The company's segments include Sweden that produces gold bullion from the processing of Vammala flotation concentrate and a toll treatment arrangement at the Svartliden Production Centre; and Finland produces gold concentrate from the Vammala Production Centre. It derives the majority of the revenue from Sweden segment. Its project portfolio includes Jokisivu Gold Mine, Kaapelinkulma Gold Mine, Orivesi Gold Mine, Uunimaki Gold Project, Faboliden Gold Mine, and Svartliden Gold Mine.
73GF Score
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