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HKSE:08366'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -88.19 Med: -7.22 Max: 7.59
Current: -9.76
During the past 12 years, Zhejiang United Investment Holdings Group's highest Return-on-Tangible-Asset was 7.59%. The lowest was -88.19%. And the median was -7.22%.
HKSE:08366's Return-on-Tangible-Asset is ranked worse than 90.65% of 1787
companies
in the Construction industry
Industry Median: 3.08
vs HKSE:08366: -9.76
Zhejiang United Investment Holdings Group (HKSE:08366) 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.
Zhejiang United Investment Holdings Group Return-on-Tangible-Asset Related Terms
Zhejiang United Investment Holdings 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.
Zhejiang United Investment Holdings Group Return-on-Tangible-Asset Chart
Zhejiang United Investment Holdings Group Annual Data
HKSE:08366 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Zhejiang United Investment Holdings 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.
Zhejiang United Investment Holdings Group Return-on-Tangible-Asset vs Construction Industry
* 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 (Oct. 2025) net income data.
What does a Return-on-Tangible-Asset of -9.48% mean?
Zhejiang United Investment Holdings Group (HKSE:08366) has a Return-on-Tangible-Asset of -9.48% as of Oct. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Zhejiang United Investment Holdings Group and its competitors. According to the industry distribution chart, Zhejiang United Investment Holdings Group ranks #1620 out of 1787 companies in the Construction industry, placing it in the top 90.7%.
Is Zhejiang United Investment Holdings Group's Return-on-Tangible-Asset too high?
Zhejiang United Investment Holdings Group's current Return-on-Tangible-Asset is -9.48%. Based on the distribution chart, Zhejiang United Investment Holdings Group ranks #1620 out of 1787 companies in the Construction industry, which is in the bottom quartile relative to peers.
How does Zhejiang United Investment Holdings Group's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Zhejiang United Investment Holdings Group ranks #1620 out of 1787 companies for Return-on-Tangible-Asset. This places Zhejiang United Investment Holdings Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.08. 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.08, based on 1,787 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 Zhejiang United Investment Holdings Group and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang United Investment Holdings Group's current Return-on-Tangible-Asset is -9.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang United Investment Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang United Investment Holdings Group (HKSE:08366) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.02, compared to a current price of HK$0.02 — trading right at its estimated fair value. The current Return-on-Tangible-Asset is -9.48%. 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 Zhejiang United Investment Holdings Group (HKSE:08366), the current Return-on-Tangible-Asset is -9.48% as of Oct. 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.
Zhejiang United Investment Holdings Group Ltd is a Hong Kong-based investment holding company principally engaged in the building contractor business. The company is principally engaged in undertaking slope works, foundation works and other general building works. Geographically, it operates and derives revenue from Hong Kong. The company's slope works generally refer to landslip preventive and remedial works for improving the stability of slopes and retaining walls. Its foundation works include the construction of foundations. The company's general building works comprise the general construction of buildings.
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