Jinhui Mining Co (SHSE:603132) ROA %: 9.67% (As of Mar. 2026) — 34% Above Median

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SHSE:603132 Jinhui Mining Co Ltd SHSE:603132
74 GF Score
Price ¥14.62
GF Value ¥23.08
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Jinhui Mining Co ROA %?

Jinhui Mining Co SHSE:603132 -5.68% 74 ROA % is 9.67% as of Mar. 2026, which is 34% above its 10-year median of 7.23. GuruFocus rates SHSE:603132 with a GF Score™ of 74/100 and a GF Value™ of ¥23.08 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 2,666 Metals & Mining companies, Jinhui Mining Co ranks better than 86.8% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Jinhui Mining Co's annualized Net Income for the quarter that ended in Mar. 2026 was ¥820 Mil. Jinhui Mining Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥8,479 Mil. Therefore, Jinhui Mining Co's annualized ROA % for the quarter that ended in Mar. 2026 was 9.67%.

The historical rank and industry rank for Jinhui Mining Co's ROA % or its related term are showing as below:

SHSE:603132' s ROA % Range Over the Past 10 Years
Min: 0.61   Med: 7.23   Max: 9.88
Current: 8.28

During the past 8 years, Jinhui Mining Co's highest ROA % was 9.88%. The lowest was 0.61%. And the median was 7.23%.

SHSE:603132's ROA % is ranked better than
86.8% of 2666 companies
in the Metals & Mining industry
Industry Median: -16.82 vs SHSE:603132: 8.28

Jinhui Mining Co  (SHSE:603132) ROA % Explanation

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 bank’s 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:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=819.712/8478.7855
=(Net Income / Revenue)*(Revenue / Total Assets)
=(819.712 / 2112.788)*(2112.788 / 8478.7855)
=Net Margin %*Asset Turnover
=38.8 %*0.2492
=9.67 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 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.


Jinhui Mining Co ROA % Related Terms


Jinhui Mining Co ROA % Historical Data

* Premium members only.

The historical data trend for Jinhui Mining Co'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.

Jinhui Mining Co ROA % Chart

Jinhui Mining Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial 9.88 9.70 6.42 7.36 7.10

Jinhui Mining Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 5.20 8.63 4.88 9.90 9.67

Jinhui Mining Co ROA % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Jinhui Mining Co'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.


Jinhui Mining Co ROA % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Jinhui Mining Co's ROA % distribution charts can be found below:

* The bar in red indicates where Jinhui Mining Co's ROA % falls into.


SHSE:603132
74GF Score
Jinhui Mining Co Ltd SHSE:603132
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jinhui Mining Co ROA % Calculation

Jinhui Mining Co's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=542.266/( (7149.252+8127.22)/ 2 )
=542.266/7638.236
=7.10 %

Jinhui Mining Co's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=819.712/( (8127.22+8830.351)/ 2 )
=819.712/8478.7855
=9.67 %

* 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 four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 9.67% mean?
Jinhui Mining Co (SHSE:603132) has a ROA % of 9.67% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Jinhui Mining Co and its competitors. This is 34% above median its historical median of 7.23. Over the past decade, Jinhui Mining Co's ROA % has ranged from 0.61 to 9.88. According to the industry distribution chart, Jinhui Mining Co ranks #352 out of 2666 companies in the Metals & Mining industry, placing it in the top 13.2%.
Is Jinhui Mining Co's ROA % too high?
Jinhui Mining Co's current ROA % of 9.67% is 34% above median its 10-year median of 7.23. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 9.88. Based on the distribution chart, Jinhui Mining Co ranks #352 out of 2666 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 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jinhui Mining Co's ROA % compare to competitors?
According to the Metals & Mining industry distribution chart, Jinhui Mining Co ranks #352 out of 2666 companies for ROA %. This places Jinhui Mining Co in the top 13% of its industry — outperforming the majority of peers. Historically, Jinhui Mining Co's own ROA % has ranged from 0.61 to 9.88 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 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 Jinhui Mining Co and its competitors. Jinhui Mining Co's current ROA % is 9.67%, which is 34% above median its own 10-year median of 7.23. 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 Significantly Undervalued. The stock's GF Value™ is ¥23.08, compared to a current price of ¥14.62 — trading 36.7% below its estimated fair value. The current ROA % is 9.67%, which is 34% above median its 10-year median of 7.23. Jinhui Mining Co's overall GF Score™ is 74/100 with 7 warning signs to review. 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 Jinhui Mining Co (SHSE:603132), the current ROA % is 9.67% 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 ¥14.62 is trading 36.7% below its estimated GF Value™ of ¥23.08. GuruFocus considers Jinhui Mining Co to be Significantly Undervalued.

Key valuation signals for SHSE:603132:

  • ROA %: 9.67% (34% above median its 10-year median of 7.23)
  • GF Value™: ¥23.08 vs. price of ¥14.62 (36.7% below fair value)
  • GF Score™: 74/100 with 7 warning signs

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.


Jinhui Mining Co Business Description

Address Liulin Town, Hui County, Gansu Province, Longnan, CHN, 742312
Jinhui Mining Co Ltd is engaged in the mining and trading of non-ferrous metals.
74GF Score

Get the complete analysis for SHSE:603132

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥14.62
Price
¥23.08
GF Value