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Folangsi CoHKSE:02499 +0.86%37 Return-on-Tangible-Asset is 1.60% as of Dec. 2025, which is 29% below its 10-year median of 2.25. GuruFocus rates HKSE:02499 with a GF Score™ of 37/100. The stock has 10 warning signs investors should review. Among 213 Farm & Heavy Construction Machinery companies, Folangsi Co ranks worse than 64.79% 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. Folangsi Co's annualizedNet Income for the quarter that ended in Dec. 2025 was HK$71 Mil. Folangsi Co's average total tangible assets for the quarter that ended in Dec. 2025 was HK$4,403 Mil. Therefore, Folangsi Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 1.60%.
The historical rank and industry rank for Folangsi Co's Return-on-Tangible-Asset or its related term are showing as below:
HKSE:02499'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.07 Med: 2.25 Max: 2.93
Current: 2.11
During the past 6 years, Folangsi Co's highest Return-on-Tangible-Asset was 2.93%. The lowest was 1.07%. And the median was 2.25%.
HKSE:02499's Return-on-Tangible-Asset is ranked worse than 64.79% of 213
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 4.01
vs HKSE:02499: 2.11
Folangsi Co (HKSE:02499) 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.
Folangsi Co Return-on-Tangible-Asset Related Terms
Folangsi Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Folangsi Co'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.
HKSE:02499 vs CAT, DE, PCAR: Return-on-Tangible-Asset Comparison
For the Farm & Heavy Construction Machinery subindustry, Folangsi Co'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.
Folangsi Co Return-on-Tangible-Asset vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Folangsi Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Folangsi Co'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 1.60% mean?
Folangsi Co (HKSE:02499) has a Return-on-Tangible-Asset of 1.60% 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 Folangsi Co and its competitors. This is 29% below median its historical median of 2.25. Over the past decade, Folangsi Co's Return-on-Tangible-Asset has ranged from 1.07 to 2.93. According to the industry distribution chart, Folangsi Co ranks #138 out of 213 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 64.8%.
Is Folangsi Co's Return-on-Tangible-Asset too high?
Folangsi Co's current Return-on-Tangible-Asset of 1.60% is 29% below median its 10-year median of 2.25. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 2.93. The Farm & Heavy Construction Machinery industry median Return-on-Tangible-Asset is 4.01. Folangsi Co's value of 1.60% is 60.1% below this industry median. Based on the distribution chart, Folangsi Co ranks #138 out of 213 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Folangsi Co has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Folangsi Co's Return-on-Tangible-Asset compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Folangsi Co ranks #138 out of 213 companies for Return-on-Tangible-Asset. This places Folangsi Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.01. Folangsi Co's value of 1.60% is 60.1% below this benchmark. Historically, Folangsi Co's own Return-on-Tangible-Asset has ranged from 1.07 to 2.93 over the past decade. While the company's 10-year median is 2.25 vs. the industry median of 4.01, Folangsi Co 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 Farm & Heavy Construction Machinery company?
The median Return-on-Tangible-Asset among Farm & Heavy Construction Machinery companies is 4.01, based on 213 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. Folangsi Co's current Return-on-Tangible-Asset of 1.60% is 60.1% 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 Folangsi Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Return-on-Tangible-Asset is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Folangsi Co's current Return-on-Tangible-Asset is 1.60%, which is 29% below median its own 10-year median of 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Folangsi Co stock overvalued right now?
Folangsi Co (HKSE:02499) has a current Return-on-Tangible-Asset of 1.60%. The current Return-on-Tangible-Asset is 1.60%, which is 29% below median its 10-year median of 2.25 and 60.1% below the Farm & Heavy Construction Machinery industry median of 4.01. Folangsi Co's overall GF Score™ is 37/100 with 10 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 Folangsi Co (HKSE:02499), the current Return-on-Tangible-Asset is 1.60% 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.
Folangsi Co Ltd is engaged in the provision of intralogistics equipment subscription services (including leases of equipment), provision of maintenance and repair services and sale of intralogistics equipment and parts. Its segments include Intralogistics equipment subscription services; Maintenance and repair services; and Sales of intralogistics equipment and parts. The company generates majority of its revenue from Intralogistics equipment subscription services, where it charges customers fees based on the duration used relevant intralogistics equipment.
37GF Score
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