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Win Hanverky HoldingsHKSE:03322 41 Return-on-Tangible-Asset is -11.27% as of Dec. 2025. GuruFocus rates HKSE:03322 with a GF Score™ of 41/100 and a GF Value™ of HK$0.17 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,070 Manufacturing - Apparel & Accessories companies, Win Hanverky Holdings ranks worse than 84.3% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Win Hanverky Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was HK$-279 Mil. Win Hanverky Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was HK$2,478 Mil. Therefore, Win Hanverky Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -11.27%.
The historical rank and industry rank for Win Hanverky Holdings's Return-on-Tangible-Asset or its related term are showing as below:
HKSE:03322'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -12.77 Med: -0.76 Max: 5.31
Current: -5.49
During the past 13 years, Win Hanverky Holdings's highest Return-on-Tangible-Asset was 5.31%. The lowest was -12.77%. And the median was -0.76%.
HKSE:03322's Return-on-Tangible-Asset is ranked worse than 84.3% of 1070
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.36
vs HKSE:03322: -5.49
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.
Win Hanverky Holdings Return-on-Tangible-Asset Related Terms
Win Hanverky Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Win Hanverky 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.
HKSE:03322 vs RL, LEVI, VFC: Return-on-Tangible-Asset Comparison
For the Apparel Manufacturing subindustry, Win Hanverky 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.
Win Hanverky Holdings Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Win Hanverky Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Win Hanverky 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -11.27% mean?
Win Hanverky Holdings (HKSE:03322) has a Return-on-Tangible-Asset of -11.27% 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 Win Hanverky Holdings and its competitors. According to the industry distribution chart, Win Hanverky Holdings ranks #902 out of 1070 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 84.3%.
Is Win Hanverky Holdings' Return-on-Tangible-Asset too high?
Win Hanverky Holdings' current Return-on-Tangible-Asset is -11.27%. Based on the distribution chart, Win Hanverky Holdings ranks #902 out of 1070 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Win Hanverky Holdings has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Win Hanverky Holdings' Return-on-Tangible-Asset compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Win Hanverky Holdings ranks #902 out of 1070 companies for Return-on-Tangible-Asset. This places Win Hanverky Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.36. 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.36, based on 1,070 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 Win Hanverky Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Win Hanverky Holdings's current Return-on-Tangible-Asset is -11.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Win Hanverky Holdings stock overvalued right now?
Based on GuruFocus' analysis, Win Hanverky Holdings (HKSE:03322) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.19 — trading 11.8% above its estimated fair value. The current Return-on-Tangible-Asset is -11.27%. Win Hanverky Holdings' overall GF Score™ is 41/100 with 4 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 Win Hanverky Holdings (HKSE:03322), the current Return-on-Tangible-Asset is -11.27% 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 Win Hanverky Holdings (HKSE:03322) Overvalued in 2026?
Based on GuruFocus' analysis, Win Hanverky Holdings stock appears to be overvalued.
The current stock price of HK$0.19 is trading 11.8% above its estimated GF Value™ of HK$0.17.
GuruFocus considers Win Hanverky Holdings to be Modestly Overvalued.
Key valuation signals for HKSE:03322:
Return-on-Tangible-Asset: -11.27%
GF Value™: HK$0.17 vs. price of HK$0.19 (11.8% above fair value)
No single metric tells the full story. See the HKSE:03322 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Win Hanverky Holdings Ltd is engaged in the manufacturing and selling of garment products, including sportswear, high-end functional outerwear, high-end fashion apparel, and related accessories. The company operates in the segments of Manufacturing, High-end Functional Outerwear Manufacturing, and The Fashion Brands and Licensing. A majority of revenue is derived from the Manufacturing segment, which involves the manufacturing and sales of sportswear and high-end functional outerwear of both under OEM arrangements to customers mainly in Europe, the United States, Mainland China, and other countries. The group has a business presence in Mainland China, Europe, the United States, Hong Kong, Other Asian countries, Canada, and others.
41GF Score
Get the complete analysis for HKSE:03322
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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