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HKSE:08029's Return-on-Tangible-Asset is ranked worse than 82.81% of 541
companies
in the Diversified Financial Services industry
Industry Median: 0.87
vs HKSE:08029: -40.99
China Investment Financial Technology Group (HKSE:08029) 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.
China Investment Financial Technology Group Return-on-Tangible-Asset Related Terms
China Investment Financial Technology Group Return-on-Tangible-Asset Historical Data
* 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.
China Investment Financial Technology Group Return-on-Tangible-Asset Chart
China Investment Financial Technology Group Annual Data
HKSE:08029 vs FRHC, VOYA: Return-on-Tangible-Asset Comparison
For the Financial Conglomerates subindustry, China Investment Financial Technology 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.
China Investment Financial Technology Group Return-on-Tangible-Asset vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, China Investment Financial Technology Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where China Investment Financial Technology Group'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -43.75% mean?
China Investment Financial Technology Group (HKSE:08029) has a Return-on-Tangible-Asset of -43.75% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on China Investment Financial Technology Group and its competitors. According to the industry distribution chart, China Investment Financial Technology Group ranks #448 out of 541 companies in the Diversified Financial Services industry, placing it in the top 82.8%.
Is China Investment Financial Technology Group's Return-on-Tangible-Asset too high?
China Investment Financial Technology Group's current Return-on-Tangible-Asset is -43.75%. Based on the distribution chart, China Investment Financial Technology Group ranks #448 out of 541 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, China Investment Financial Technology Group has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Investment Financial Technology Group's Return-on-Tangible-Asset compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, China Investment Financial Technology Group ranks #448 out of 541 companies for Return-on-Tangible-Asset. This places China Investment Financial Technology Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.87. 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 Diversified Financial Services company?
The median Return-on-Tangible-Asset among Diversified Financial Services companies is 0.87, based on 541 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 China Investment Financial Technology Group and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Asset is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Investment Financial Technology Group's current Return-on-Tangible-Asset is -43.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Investment Financial Technology Group stock overvalued right now?
Based on GuruFocus' analysis, China Investment Financial Technology Group (HKSE:08029) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.39, compared to a current price of HK$0.68 — trading 74.4% above its estimated fair value. The current Return-on-Tangible-Asset is -43.75%. China Investment Financial Technology Group's overall GF Score™ is 24/100 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 China Investment Financial Technology Group (HKSE:08029), the current Return-on-Tangible-Asset is -43.75% as of Mar. 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.
Is China Investment Financial Technology Group (HKSE:08029) Overvalued in 2026?
Based on GuruFocus' analysis, China Investment Financial Technology Group stock appears to be overvalued.
The current stock price of HK$0.68 is trading 74.4% above its estimated GF Value™ of HK$0.39.
GuruFocus considers China Investment Financial Technology Group to be Significantly Overvalued.
Key valuation signals for HKSE:08029:
Return-on-Tangible-Asset: -43.75%
GF Value™: HK$0.39 vs. price of HK$0.68 (74.4% above fair value)
No single metric tells the full story. See the HKSE:08029 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Investment Financial Technology Group Ltd, formerly Imperium Financial Group Ltd is a diversified financial business company. The firm operates through four businesses, including the cryptocurrency business, financial services, equine services, and the sale of electronic appliances. It generates maximum revenue from the Sales of the electronic appliance segment. The Cryptocurrency business segment is engaged in the trading of electronic appliances. Geographically, the company operates in Australia and Hong Kong, out of which it derives maximum revenue from Hong Kong.
24GF Score
Get the complete analysis for HKSE:08029
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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