Hygieia Group (HKSE:01650) Return-on-Tangible-Asset: 3.07% (As of Dec. 2025) — 63% Below 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.

HKSE:01650 Hygieia Group Ltd HKSE:01650
59 GF Score
Price HK$0.15
GF Value HK$0.10
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Hygieia Group Return-on-Tangible-Asset?

Hygieia Group HKSE:01650 +1.35% 59 Return-on-Tangible-Asset is 3.07% as of Dec. 2025, which is 63% below its 10-year median of 8.40. GuruFocus rates HKSE:01650 with a GF Score™ of 59/100 and a GF Value™ of HK$0.10 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,089 Business Services companies, Hygieia Group ranks better than 63.45% 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. Hygieia Group's annualized Net Income for the quarter that ended in Dec. 2025 was HK$7.0 Mil. Hygieia Group's average total tangible assets for the quarter that ended in Dec. 2025 was HK$229.7 Mil. Therefore, Hygieia Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 3.07%.

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

HKSE:01650' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.11   Med: 8.4   Max: 28.72
Current: 7.02

During the past 10 years, Hygieia Group's highest Return-on-Tangible-Asset was 28.72%. The lowest was -3.11%. And the median was 8.40%.

HKSE:01650's Return-on-Tangible-Asset is ranked better than
63.45% of 1089 companies
in the Business Services industry
Industry Median: 4.36 vs HKSE:01650: 7.02

Hygieia Group  (HKSE:01650) 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.


Hygieia Group Return-on-Tangible-Asset Related Terms


Hygieia Group Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Hygieia 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.

Hygieia Group Return-on-Tangible-Asset Chart

Hygieia Group 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 9.57 -3.11 1.00 1.75 6.92

Hygieia Group Semi-Annual Data
Dec16 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 1.75 5.04 -1.63 10.91 3.07

HKSE:01650 vs CTAS, CPRT, GPN: Return-on-Tangible-Asset Comparison

For the Specialty Business Services subindustry, Hygieia 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.


Hygieia Group Return-on-Tangible-Asset vs Business Services Industry

For the Business Services industry and Industrials sector, Hygieia Group's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Hygieia Group's Return-on-Tangible-Asset falls into.


HKSE:01650
59GF Score
Hygieia Group Ltd HKSE:01650
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hygieia Group Return-on-Tangible-Asset Calculation

Hygieia Group'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 )
=16.072/( (235.982+228.378)/ 2 )
=16.072/232.18
=6.92 %

Hygieia Group'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 )
=7.042/( (230.978+228.378)/ 2 )
=7.042/229.678
=3.07 %

* 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 3.07% mean?
Hygieia Group (HKSE:01650) has a Return-on-Tangible-Asset of 3.07% 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 Hygieia Group and its competitors. This is 63% below median its historical median of 8.40. According to the industry distribution chart, Hygieia Group ranks #398 out of 1089 companies in the Business Services industry, placing it in the top 36.5%.
Is Hygieia Group's Return-on-Tangible-Asset too high?
Hygieia Group's current Return-on-Tangible-Asset of 3.07% is 63% below median its 10-year median of 8.40. The Business Services industry median Return-on-Tangible-Asset is 4.36. Hygieia Group's value of 3.07% is 29.6% below this industry median. Based on the distribution chart, Hygieia Group ranks #398 out of 1089 companies in the Business Services industry, which is above the industry midpoint. Overall, Hygieia Group has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hygieia Group's Return-on-Tangible-Asset compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Hygieia Group ranks #398 out of 1089 companies for Return-on-Tangible-Asset. This puts Hygieia Group in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.36. Hygieia Group's value of 3.07% is 29.6% below this benchmark. While the company's 10-year median is 8.40 vs. the industry median of 4.36, Hygieia Group has consistently been below 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 4.36, based on 1,089 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. Hygieia Group's current Return-on-Tangible-Asset of 3.07% is 29.6% below 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 Hygieia Group and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 4.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hygieia Group's current Return-on-Tangible-Asset is 3.07%, which is 63% below median its own 10-year median of 8.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hygieia Group stock overvalued right now?
Based on GuruFocus' analysis, Hygieia Group (HKSE:01650) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.15 — trading 50% above its estimated fair value. The current Return-on-Tangible-Asset is 3.07%, which is 63% below median its 10-year median of 8.40 and 29.6% below the Business Services industry median of 4.36. Hygieia Group's overall GF Score™ is 59/100 with 6 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 Hygieia Group (HKSE:01650), the current Return-on-Tangible-Asset is 3.07% 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 Hygieia Group (HKSE:01650) Overvalued in 2026?

Based on GuruFocus' analysis, Hygieia Group stock appears to be overvalued. The current stock price of HK$0.15 is trading 50% above its estimated GF Value™ of HK$0.10. GuruFocus considers Hygieia Group to be Significantly Overvalued.

Key valuation signals for HKSE:01650:

  • Return-on-Tangible-Asset: 3.07% (63% below median its 10-year median of 8.40)
  • GF Value™: HK$0.10 vs. price of HK$0.15 (50% above fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 29.6% below the Business Services median (#398 of 1089)

No single metric tells the full story. See the HKSE:01650 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hygieia Group Business Description

Address 6 Tagore Drive, No. B1-02, Tagore Industrial Building, Singapore, SGP, 787623
Hygieia Group Ltd and its subsidiaries are principally engaged in the provision of cleaning services. The company provides general cleaning works for a variety of public and private venues including a sports stadium, medical centres, shopping malls, commercial and industrial buildings, schools, hotels, private condominiums as well as public access areas in town councils in Singapore. The company generates majority of revenue from singapore.
59GF Score

Get the complete analysis for HKSE:01650

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

HK$0.15
Price
HK$0.10
GF Value