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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. Hebei Construction Group's annualizedNet Income for the quarter that ended in Dec. 2025 was €-166 Mil. Hebei Construction Group's average total tangible assets for the quarter that ended in Dec. 2025 was €6,406 Mil. Therefore, Hebei Construction Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -2.59%.
The historical rank and industry rank for Hebei Construction Group's Return-on-Tangible-Asset or its related term are showing as below:
FRA:H9D'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.08 Med: 0.85 Max: 2
Current: -1.06
During the past 12 years, Hebei Construction Group's highest Return-on-Tangible-Asset was 2.00%. The lowest was -1.08%. And the median was 0.85%.
FRA:H9D's Return-on-Tangible-Asset is ranked worse than 77.21% of 1786
companies
in the Construction industry
Industry Median: 3.09
vs FRA:H9D: -1.06
Hebei Construction Group (FRA:H9D) Return-on-Tangible-Asset Explanation
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.
Hebei Construction Group Return-on-Tangible-Asset Related Terms
Hebei Construction Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Hebei Construction Group'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.
Hebei Construction Group Return-on-Tangible-Asset Chart
FRA:H9D vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Hebei Construction Group'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.
Hebei Construction Group Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Hebei Construction Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hebei Construction Group'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -2.59% mean?
Hebei Construction Group (FRA:H9D) has a Return-on-Tangible-Asset of -2.59% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Hebei Construction Group and its competitors. According to the industry distribution chart, Hebei Construction Group ranks #1379 out of 1786 companies in the Construction industry, placing it in the top 77.2%.
Is Hebei Construction Group's Return-on-Tangible-Asset too high?
Hebei Construction Group's current Return-on-Tangible-Asset is -2.59%. Based on the distribution chart, Hebei Construction Group ranks #1379 out of 1786 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Hebei Construction Group has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Hebei Construction Group's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Hebei Construction Group ranks #1379 out of 1786 companies for Return-on-Tangible-Asset. This places Hebei Construction Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.09. 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.09, based on 1,786 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 Hebei Construction Group and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hebei Construction Group's current Return-on-Tangible-Asset is -2.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hebei Construction Group stock overvalued right now?
Hebei Construction Group (FRA:H9D) has a current Return-on-Tangible-Asset of -2.59%. The stock's GF Value™ is €0.03, compared to a current price of €0.02 — trading 21.7% below its estimated fair value. The current Return-on-Tangible-Asset is -2.59%. Hebei Construction Group's overall GF Score™ is 40/100 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 Hebei Construction Group (FRA:H9D), the current Return-on-Tangible-Asset is -2.59% 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 Hebei Construction Group (FRA:H9D) Overvalued in 2026?
Based on GuruFocus' analysis, Hebei Construction Group stock appears to be undervalued.
The current stock price of €0.02 is trading 21.7% below its estimated GF Value™ of €0.03.
Key valuation signals for FRA:H9D:
Return-on-Tangible-Asset: -2.59%
GF Value™: €0.03 vs. price of €0.02 (21.7% below fair value)
No single metric tells the full story. See the FRA:H9D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hebei Construction Group Corp Ltd is an engineering and construction company. The company's services include construction contracting works of residential, public, industrial, and commercial buildings. It has two segments that are Construction contracting business and Other business. The construction contracting business segment provides general contractors for building construction projects and infrastructure construction projects. Other segment mainly includes concession arrangements and other services of the group. The majority of the group's revenue is generated from Mainland China.
40GF Score
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