Solowin HoldingsAXG 12 Return-on-Tangible-Asset is -35.45% as of Sep. 2025. GuruFocus rates AXG with a GF Score™ of 12/100. The stock has 7 warning signs investors should review. Among 819 Capital Markets companies, Solowin Holdings ranks worse than 91.21% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Solowin Holdings's annualizedNet Income for the quarter that ended in Sep. 2025 was $-9.26 Mil. Solowin Holdings's average total tangible assets for the quarter that ended in Sep. 2025 was $26.13 Mil. Therefore, Solowin Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was -35.45%.
The historical rank and industry rank for Solowin Holdings's Return-on-Tangible-Asset or its related term are showing as below:
AXG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -61.99 Med: -8.49 Max: 13.79
Current: -31.79
During the past 5 years, Solowin Holdings's highest Return-on-Tangible-Asset was 13.79%. The lowest was -61.99%. And the median was -8.49%.
AXG's Return-on-Tangible-Asset is ranked worse than 91.21% of 819
companies
in the Capital Markets industry
Industry Median: 1.51
vs AXG: -31.79
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset 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 Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Solowin Holdings Return-on-Tangible-Asset Related Terms
Solowin Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Solowin Holdings's Return-on-Tangible-Asset 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.
AXG vs BTGO, BTBT, RHNO: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, Solowin Holdings's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Solowin Holdings Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Solowin Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Solowin Holdings's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Sep. 2025) net income data.
What does a Return-on-Tangible-Asset of -35.45% mean?
Solowin Holdings (AXG) has a Return-on-Tangible-Asset of -35.45% as of Sep. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Solowin Holdings and its competitors. According to the industry distribution chart, Solowin Holdings ranks #747 out of 819 companies in the Capital Markets industry, placing it in the top 91.2%.
Is Solowin Holdings' Return-on-Tangible-Asset too high?
Solowin Holdings' current Return-on-Tangible-Asset is -35.45%. Based on the distribution chart, Solowin Holdings ranks #747 out of 819 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Solowin Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Solowin Holdings' Return-on-Tangible-Asset compare to BTGO and BTBT?
According to the Capital Markets industry distribution chart, Solowin Holdings ranks #747 out of 819 companies for Return-on-Tangible-Asset. This places Solowin Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.51. 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-Asset for a Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.51, based on 819 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Solowin Holdings and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solowin Holdings's current Return-on-Tangible-Asset is -35.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solowin Holdings stock overvalued right now?
Solowin Holdings (AXG) has a current Return-on-Tangible-Asset of -35.45%. The current Return-on-Tangible-Asset is -35.45%. Solowin Holdings' overall GF Score™ is 12/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Solowin Holdings (AXG), the current Return-on-Tangible-Asset is -35.45% as of Sep. 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.
Solowin Holdings Ltd is an investor-focused, versatile securities brokerage company in Hong Kong. It offers a wide spectrum of products and services through its secure one-stop electronic platform. It is engaged in providing securities-related services, investment advisory services, and asset management services to customers. The operations were organized into four reportable segments: Corporate Finance Services, Wealth Management Services, Asset Management Services and Virtual Assets. It derives maximum revenue from Wealth Management Services.
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