Zhaojin Mining Industry Co (FRA:ZVL) ROE %: 24.67% (As of Dec. 2025) — 572% Above Median


FRA:ZVL Zhaojin Mining Industry Co Ltd FRA:ZVL
91 GF Score
Price €1.81
GF Value €3.23
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Zhaojin Mining Industry Co ROE %?

Zhaojin Mining Industry Co FRA:ZVL 91 ROE % is 24.67% as of Dec. 2025, which is 572% above its 10-year median of 3.67. GuruFocus rates FRA:ZVL with a GF Score™ of 91/100 and a GF Value™ of €3.23 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,389 Metals & Mining companies, Zhaojin Mining Industry Co ranks better than 81.5% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Zhaojin Mining Industry Co's annualized net income for the quarter that ended in Dec. 2025 was €726 Mil. Zhaojin Mining Industry Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €2,942 Mil. Therefore, Zhaojin Mining Industry Co's annualized ROE % for the quarter that ended in Dec. 2025 was 24.67%.

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

FRA:ZVL' s ROE % Range Over the Past 10 Years
Min: 0.23   Med: 3.67   Max: 16
Current: 9.39

During the past 13 years, Zhaojin Mining Industry Co's highest ROE % was 16.00%. The lowest was 0.23%. And the median was 3.67%.

FRA:ZVL's ROE % is ranked better than
81.5% of 2389 companies
in the Metals & Mining industry
Industry Median: -16.17 vs FRA:ZVL: 9.39

Zhaojin Mining Industry Co  (FRA:ZVL) 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:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=725.892/2941.969
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(725.892 / 2728.524)*(2728.524 / 6955.5595)*(6955.5595 / 2941.969)
=Net Margin %*Asset Turnover*Equity Multiplier
=26.6 %*0.3923*2.3643
=ROA %*Equity Multiplier
=10.44 %*2.3643
=24.67 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=725.892/2941.969
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (725.892 / 969.028) * (969.028 / 1127.208) * (1127.208 / 2728.524) * (2728.524 / 6955.5595) * (6955.5595 / 2941.969)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7491 * 0.8597 * 41.31 % * 0.3923 * 2.3643
=24.67 %

Note: The net income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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.


Zhaojin Mining Industry Co ROE % Related Terms


Zhaojin Mining Industry Co ROE % Historical Data

* Premium members only.

The historical data trend for Zhaojin Mining Industry Co's ROE % 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 ROE % Chart

Zhaojin Mining Industry Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 2.41 3.77 7.32 15.18

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
ROE % 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 6.34 11.06 0.00 11.33 24.67

FRA:ZVL vs NEM, AU: ROE % Comparison

For the Gold subindustry, Zhaojin Mining Industry Co's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Metals & Mining Industry

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

* The bar in red indicates where Zhaojin Mining Industry Co's ROE % falls into.


FRA:ZVL
91GF Score
Zhaojin Mining Industry Co Ltd FRA:ZVL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhaojin Mining Industry Co ROE % Calculation

Zhaojin Mining Industry Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=438.203/( (2778.626+2994.455)/ 2 )
=438.203/2886.5405
=15.18 %

Zhaojin Mining Industry Co's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=725.892/( (2889.483+2994.455)/ 2 )
=725.892/2941.969
=24.67 %

* 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 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 (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 24.67% mean?
Zhaojin Mining Industry Co (FRA:ZVL) has a ROE % of 24.67% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Zhaojin Mining Industry Co and its competitors. This is 572% above median its historical median of 3.67. Over the past decade, Zhaojin Mining Industry Co's ROE % has ranged from 0.23 to 16.00. According to the industry distribution chart, Zhaojin Mining Industry Co ranks #442 out of 2389 companies in the Metals & Mining industry, placing it in the top 18.5%.
Is Zhaojin Mining Industry Co's ROE % too high?
Zhaojin Mining Industry Co's current ROE % of 24.67% is 572% above median its 10-year median of 3.67. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 16.00. Based on the distribution chart, Zhaojin Mining Industry Co ranks #442 out of 2389 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 91/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhaojin Mining Industry Co's ROE % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Zhaojin Mining Industry Co ranks #442 out of 2389 companies for ROE %. This places Zhaojin Mining Industry Co in the top 19% of its industry — outperforming the majority of peers. Historically, Zhaojin Mining Industry Co's own ROE % has ranged from 0.23 to 16.00 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 Zhaojin Mining Industry Co and its competitors. Zhaojin Mining Industry Co's current ROE % is 24.67%, which is 572% above median its own 10-year median of 3.67. 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 (FRA:ZVL) is currently considered Possible Value Trap. The stock's GF Value™ is €3.23, compared to a current price of €1.81 — trading 44% below its estimated fair value. The current ROE % is 24.67%, which is 572% above median its 10-year median of 3.67. Zhaojin Mining Industry Co's overall GF Score™ is 91/100 with 4 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 Zhaojin Mining Industry Co (FRA:ZVL), the current ROE % is 24.67% 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 (FRA:ZVL) Overvalued in 2026?

Based on GuruFocus' analysis, Zhaojin Mining Industry Co stock appears to be undervalued. The current stock price of €1.81 is trading 44% below its estimated GF Value™ of €3.23. GuruFocus considers Zhaojin Mining Industry Co to be Possible Value Trap.

Key valuation signals for FRA:ZVL:

  • ROE %: 24.67% (572% above median its 10-year median of 3.67)
  • GF Value™: €3.23 vs. price of €1.81 (44% below fair value)
  • GF Score™: 91/100 with 4 warning signs

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


Zhaojin Mining Industry Co Business Description

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.
91GF Score

Get the complete analysis for FRA:ZVL

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

€1.81
Price
€3.23
GF Value