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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. Life Concepts Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was HK$30.52 Mil. Life Concepts Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was HK$128.72 Mil. Therefore, Life Concepts Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 23.71%.
The historical rank and industry rank for Life Concepts Holdings's Return-on-Tangible-Asset or its related term are showing as below:
HKSE:08056'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -72.84 Med: -15.41 Max: 39.69
Current: 8.11
During the past 13 years, Life Concepts Holdings's highest Return-on-Tangible-Asset was 39.69%. The lowest was -72.84%. And the median was -15.41%.
HKSE:08056's Return-on-Tangible-Asset is ranked better than 76.92% of 364
companies
in the Restaurants industry
Industry Median: 2.375
vs HKSE:08056: 8.11
Life Concepts Holdings (HKSE:08056) 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.
Life Concepts Holdings Return-on-Tangible-Asset Related Terms
Life Concepts Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Life Concepts 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.
Life Concepts Holdings Return-on-Tangible-Asset Chart
HKSE:08056 vs MCD, SBUX, YUM: Return-on-Tangible-Asset Comparison
For the Restaurants subindustry, Life Concepts 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.
Life Concepts Holdings Return-on-Tangible-Asset vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Life Concepts Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Life Concepts 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 23.71% mean?
Life Concepts Holdings (HKSE:08056) has a Return-on-Tangible-Asset of 23.71% 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 Life Concepts Holdings and its competitors. According to the industry distribution chart, Life Concepts Holdings ranks #84 out of 364 companies in the Restaurants industry, placing it in the top 23.1%.
Is Life Concepts Holdings' Return-on-Tangible-Asset too high?
Life Concepts Holdings' current Return-on-Tangible-Asset is 23.71%. The Restaurants industry median Return-on-Tangible-Asset is 2.38. Life Concepts Holdings' value of 23.71% is 898.3% above this industry median. Based on the distribution chart, Life Concepts Holdings ranks #84 out of 364 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Life Concepts Holdings has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Life Concepts Holdings' Return-on-Tangible-Asset compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Life Concepts Holdings ranks #84 out of 364 companies for Return-on-Tangible-Asset. This places Life Concepts Holdings in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.38. Life Concepts Holdings' value of 23.71% is 898.3% 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 Restaurants company?
The median Return-on-Tangible-Asset among Restaurants companies is 2.38, based on 364 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. Life Concepts Holdings's current Return-on-Tangible-Asset of 23.71% is 898.3% 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 Life Concepts Holdings and its competitors. For the Restaurants industry, the median Return-on-Tangible-Asset is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Life Concepts Holdings's current Return-on-Tangible-Asset is 23.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Life Concepts Holdings stock overvalued right now?
Based on GuruFocus' analysis, Life Concepts Holdings (HKSE:08056) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.54, compared to a current price of HK$0.24 — trading 56.5% below its estimated fair value. The current Return-on-Tangible-Asset is 23.71% and 898.3% above the Restaurants industry median of 2.38. Life Concepts Holdings' overall GF Score™ is 36/100 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 Life Concepts Holdings (HKSE:08056), the current Return-on-Tangible-Asset is 23.71% 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 Life Concepts Holdings (HKSE:08056) Overvalued in 2026?
Based on GuruFocus' analysis, Life Concepts Holdings stock appears to be undervalued.
The current stock price of HK$0.24 is trading 56.5% below its estimated GF Value™ of HK$0.54.
GuruFocus considers Life Concepts Holdings to be Possible Value Trap.
Key valuation signals for HKSE:08056:
Return-on-Tangible-Asset: 23.71%
GF Value™: HK$0.54 vs. price of HK$0.24 (56.5% below fair value)
Industry Position: 898.3% above the Restaurants median (#84 of 364)
No single metric tells the full story. See the HKSE:08056 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Life Concepts Holdings Ltd is an investment holding company. The company's operating segment includes Provision of Catering Services; Provision of organic vegetables consulting services and Provision of financial intermediation services. It generates maximum revenue from Provision of Catering Services segment. Geographically, it derives a majority of revenue from Hong Kong.
36GF Score
Get the complete analysis for HKSE:08056
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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