HDALF (Haidilao International Holding) Return-on-Tangible-Asset: 21.55% (As of Dec. 2025) — 14% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HDALF Haidilao International Holding Ltd HDALF
88 GF Score
Price $1.47
GF Value $2.30
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Haidilao International Holding Return-on-Tangible-Asset?

Haidilao International Holding HDALF +2.34% 88 Return-on-Tangible-Asset is 21.55% as of Dec. 2025, which is 14% above its 10-year median of 18.98. GuruFocus rates HDALF with a GF Score™ of 88/100 and a GF Value™ of $2.30 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 363 Restaurants companies, Haidilao International Holding ranks better than 95.04% 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. Haidilao International Holding's annualized Net Income for the quarter that ended in Dec. 2025 was $651 Mil. Haidilao International Holding's average total tangible assets for the quarter that ended in Dec. 2025 was $3,020 Mil. Therefore, Haidilao International Holding's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 21.55%.

The historical rank and industry rank for Haidilao International Holding's Return-on-Tangible-Asset or its related term are showing as below:

HDALF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -15.33   Med: 18.98   Max: 32.56
Current: 18.72

During the past 11 years, Haidilao International Holding's highest Return-on-Tangible-Asset was 32.56%. The lowest was -15.33%. And the median was 18.98%.

HDALF's Return-on-Tangible-Asset is ranked better than
95.04% of 363 companies
in the Restaurants industry
Industry Median: 2.41 vs HDALF: 18.72

Haidilao International Holding  (OTCPK:HDALF) 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 company’s 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 company’s 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.


Haidilao International Holding Return-on-Tangible-Asset Related Terms


Haidilao International Holding Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Haidilao International Holding'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.

Haidilao International Holding Return-on-Tangible-Asset Chart

Haidilao International Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.29 5.32 19.44 19.76 18.47

Haidilao International Holding Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Asset 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 18.91 16.26 22.27 16.24 21.55

HDALF vs MCD, SBUX, YUM: Return-on-Tangible-Asset Comparison

For the Restaurants subindustry, Haidilao International Holding'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.


Haidilao International Holding Return-on-Tangible-Asset vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Haidilao International Holding's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Haidilao International Holding's Return-on-Tangible-Asset falls into.


HDALF
88GF Score
Haidilao International Holding Ltd HDALF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Haidilao International Holding Return-on-Tangible-Asset Calculation

Haidilao International Holding's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=574.998/( (3110.17+3117.348)/ 2 )
=574.998/3113.759
=18.47 %

Haidilao International Holding's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=650.642/( (2921.923+3117.348)/ 2 )
=650.642/3019.6355
=21.55 %

* 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 21.55% mean?
Haidilao International Holding (HDALF) has a Return-on-Tangible-Asset of 21.55% 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 Haidilao International Holding and its competitors. This is 14% above median its historical median of 18.98. According to the industry distribution chart, Haidilao International Holding ranks #18 out of 363 companies in the Restaurants industry, placing it in the top 5%.
Is Haidilao International Holding's Return-on-Tangible-Asset too high?
Haidilao International Holding's current Return-on-Tangible-Asset of 21.55% is 14% above median its 10-year median of 18.98. The Restaurants industry median Return-on-Tangible-Asset is 2.41. Haidilao International Holding's value of 21.55% is 794.2% above this industry median. Based on the distribution chart, Haidilao International Holding ranks #18 out of 363 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Haidilao International Holding has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Haidilao International Holding's Return-on-Tangible-Asset compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Haidilao International Holding ranks #18 out of 363 companies for Return-on-Tangible-Asset. This places Haidilao International Holding in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.41. Haidilao International Holding's value of 21.55% is 794.2% above this benchmark. While the company's 10-year median is 18.98 vs. the industry median of 2.41, Haidilao International Holding has consistently been above the industry average. 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 Restaurants company?
The median Return-on-Tangible-Asset among Restaurants companies is 2.41, based on 363 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. Haidilao International Holding's current Return-on-Tangible-Asset of 21.55% is 794.2% above the industry median. 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 Haidilao International Holding and its competitors. For the Restaurants industry, the median Return-on-Tangible-Asset is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haidilao International Holding's current Return-on-Tangible-Asset is 21.55%, which is 14% above median its own 10-year median of 18.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haidilao International Holding stock overvalued right now?
Based on GuruFocus' analysis, Haidilao International Holding (HDALF) is currently considered Significantly Undervalued. The stock's GF Value™ is $2.30, compared to a current price of $1.47 — trading 36.1% below its estimated fair value. The current Return-on-Tangible-Asset is 21.55%, which is 14% above median its 10-year median of 18.98 and 794.2% above the Restaurants industry median of 2.41. Haidilao International Holding's overall GF Score™ is 88/100 with 1 warning sign 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 Haidilao International Holding (HDALF), the current Return-on-Tangible-Asset is 21.55% 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 Haidilao International Holding (HDALF) Overvalued in 2026?

Based on GuruFocus' analysis, Haidilao International Holding stock appears to be undervalued. The current stock price of $1.47 is trading 36.1% below its estimated GF Value™ of $2.30. GuruFocus considers Haidilao International Holding to be Significantly Undervalued.

Key valuation signals for HDALF:

  • Return-on-Tangible-Asset: 21.55% (14% above median its 10-year median of 18.98)
  • GF Value™: $2.30 vs. price of $1.47 (36.1% below fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 794.2% above the Restaurants median (#18 of 363)

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


Haidilao International Holding Business Description

Other Exchanges 06862:Hong Kong8HI:Germany
Address No. 398 Yard, Zhongdong Road, 7th Floor, No. 1 Building, Dongxiaokou Town, Changping District, Beijing, CHN, 102218
Haidilao, founded in Sichuan in 1998, is a prominent Chinese hot pot restaurant operator. Following the spinoff of its international unit Super Hi, Haidilao now focuses solely on managing restaurants in Greater China.By the end of 2024, the chain operated over 1,300 stores in Greater China, generating more than CNY 40 billion in systemwide sales, making it one of the largest restaurant operators in China. The majority of its restaurants are company-owned, with only a small fraction franchised.
88GF Score

Get the complete analysis for HDALF

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.47
Price
$2.30
GF Value