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Hao Wen HoldingsHKSE:08019 Return-on-Tangible-Asset is 8.96% as of Jun. 2026. The stock has 7 warning signs investors should review. Among 553 Credit Services companies, Hao Wen Holdings ranks better than 75.05% 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. Hao Wen Holdings's annualizedNet Income for the quarter that ended in Jun. 2026 was HK$36.02 Mil. Hao Wen Holdings's average total tangible assets for the quarter that ended in Jun. 2026 was HK$401.99 Mil. Therefore, Hao Wen Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 8.96%.
The historical rank and industry rank for Hao Wen Holdings's Return-on-Tangible-Asset or its related term are showing as below:
HKSE:08019'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -22.6 Med: -4.36 Max: 4.44
Current: 4.44
During the past 13 years, Hao Wen Holdings's highest Return-on-Tangible-Asset was 4.44%. The lowest was -22.60%. And the median was -4.36%.
HKSE:08019's Return-on-Tangible-Asset is ranked better than 75.05% of 553
companies
in the Credit Services industry
Industry Median: 2.01
vs HKSE:08019: 4.44
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.
Hao Wen Holdings Return-on-Tangible-Asset Related Terms
Hao Wen Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Hao Wen 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:08019 vs V, MA, AXP: Return-on-Tangible-Asset Comparison
For the Credit Services subindustry, Hao Wen 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.
Hao Wen Holdings Return-on-Tangible-Asset vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Hao Wen Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hao Wen 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 8.96% mean?
Hao Wen Holdings (HKSE:08019) has a Return-on-Tangible-Asset of 8.96% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Hao Wen Holdings and its competitors. According to the industry distribution chart, Hao Wen Holdings ranks #138 out of 553 companies in the Credit Services industry, placing it in the top 25%.
Is Hao Wen Holdings' Return-on-Tangible-Asset too high?
Hao Wen Holdings' current Return-on-Tangible-Asset is 8.96%. The Credit Services industry median Return-on-Tangible-Asset is 2.01. Hao Wen Holdings' value of 8.96% is 345.8% above this industry median. Based on the distribution chart, Hao Wen Holdings ranks #138 out of 553 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers.
How does Hao Wen Holdings' Return-on-Tangible-Asset compare to V and MA?
According to the Credit Services industry distribution chart, Hao Wen Holdings ranks #138 out of 553 companies for Return-on-Tangible-Asset. This places Hao Wen Holdings in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.01. Hao Wen Holdings' value of 8.96% is 345.8% above this benchmark. 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 Credit Services company?
The median Return-on-Tangible-Asset among Credit Services companies is 2.01, based on 553 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. Hao Wen Holdings's current Return-on-Tangible-Asset of 8.96% is 345.8% 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 Hao Wen Holdings and its competitors. For the Credit Services industry, the median Return-on-Tangible-Asset is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hao Wen Holdings's current Return-on-Tangible-Asset is 8.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hao Wen Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hao Wen Holdings (HKSE:08019) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.22, compared to a current price of HK$0.07 — trading 67.7% below its estimated fair value. The current Return-on-Tangible-Asset is 8.96% and 345.8% above the Credit Services industry median of 2.01. 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 Hao Wen Holdings (HKSE:08019), the current Return-on-Tangible-Asset is 8.96% as of Jun. 2026. 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.
Hao Wen Holdings Ltd is an investment holding company. The Company's operating and reportable segments are as follows, the Money Lending segment engages in interest income earned from the money lending business; the Electronic Parts segment engages in trading of electronic parts business; the Burial Business segment engages in sales of burial plots and related services business and cemetery maintenance service; and the Beauty Business segment engages in the provision of non-surgical injection treatments with no upfront payment and sales of beauty products. The company derives maximum revenue from the Money Lending segment and geographically from Hong Kong.
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