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Tongguan Mines Construction Co of Tongling Nonferrous Metals Group (BJSE:920019) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
Tongguan Mines Construction Co of Tongling Nonferrous Metals Group ROE % Related Terms
Tongguan Mines Construction Co of Tongling Nonferrous Metals Group ROE % Historical 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.
Tongguan Mines Construction Co of Tongling Nonferrous Metals Group ROE % Chart
Tongguan Mines Construction Co of Tongling Nonferrous Metals Group Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
ROE %
9.60
13.90
11.53
9.38
4.41
Tongguan Mines Construction Co of Tongling Nonferrous Metals Group Quarterly Data
* 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.
Tongguan Mines Construction Co of Tongling Nonferrous Metals Group ROE % vs Metals & Mining Industry
* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Jun. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Tongguan Mines Construction Co of Tongling Nonferrous Metals Group (BJSE:920019) has a ROE % of 12.78% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tongguan Mines Construction Co of Tongling Nonferrous Metals Group and its competitors. This is 11% above median its historical median of 11.53. Over the past decade, Tongguan Mines Construction Co of Tongling Nonferrous Metals Group's ROE % has ranged from 4.41 to 14.85. According to the industry distribution chart, Tongguan Mines Construction Co of Tongling Nonferrous Metals Group ranks #594 out of 2416 companies in the Metals & Mining industry, placing it in the top 24.6%.
Is Tongguan Mines Construction Co of Tongling Nonferrous Metals Group's ROE % too high?
Tongguan Mines Construction Co of Tongling Nonferrous Metals Group's current ROE % of 12.78% is 11% above median its 10-year median of 11.53. Over the past 10 years, this metric has ranged from a low of 4.41 to a high of 14.85. Based on the distribution chart, Tongguan Mines Construction Co of Tongling Nonferrous Metals Group ranks #594 out of 2416 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Tongguan Mines Construction Co of Tongling Nonferrous Metals Group has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Tongguan Mines Construction Co of Tongling Nonferrous Metals Group's ROE % compare to competitors?
According to the Metals & Mining industry distribution chart, Tongguan Mines Construction Co of Tongling Nonferrous Metals Group ranks #594 out of 2416 companies for ROE %. This places Tongguan Mines Construction Co of Tongling Nonferrous Metals Group in the top 25% of its industry — outperforming the majority of peers. Historically, Tongguan Mines Construction Co of Tongling Nonferrous Metals Group's own ROE % has ranged from 4.41 to 14.85 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 ROE % for a Metals & Mining company?
A good ROE % depends on the Metals & Mining industry context. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tongguan Mines Construction Co of Tongling Nonferrous Metals Group and its competitors. Tongguan Mines Construction Co of Tongling Nonferrous Metals Group's current ROE % is 12.78%, which is 11% above median its own 10-year median of 11.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongguan Mines Construction Co of Tongling Nonferrous Metals Group stock overvalued right now?
Tongguan Mines Construction Co of Tongling Nonferrous Metals Group (BJSE:920019) has a current ROE % of 12.78%. The current ROE % is 12.78%, which is 11% above median its 10-year median of 11.53. Tongguan Mines Construction Co of Tongling Nonferrous Metals Group's overall GF Score™ is 38/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Tongguan Mines Construction Co of Tongling Nonferrous Metals Group (BJSE:920019), the current ROE % is 12.78% 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.
Tongguan Mines Construction Co Ltd of Tongling Nonferrous Metals Group provides integrated development services and related value-added services such as engineering construction, operation management, optimized design, and technology research and development to non-coal mines around the world.
38GF Score
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