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Sunray Engineering GroupHKSE:08616 -2.86%54 Return-on-Tangible-Asset is 2.11% as of Mar. 2026, which is 53% below its 10-year median of 4.53. GuruFocus rates HKSE:08616 with a GF Score™ of 54/100 and a GF Value™ of HK$0.04 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,796 Construction companies, Sunray Engineering Group ranks worse than 58.96% 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. Sunray Engineering Group's annualizedNet Income for the quarter that ended in Mar. 2026 was HK$5.2 Mil. Sunray Engineering Group's average total tangible assets for the quarter that ended in Mar. 2026 was HK$0.0 Mil. Therefore, Sunray Engineering Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.11%.
The historical rank and industry rank for Sunray Engineering Group's Return-on-Tangible-Asset or its related term are showing as below:
HKSE:08616'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.33 Med: 4.53 Max: 13
Current: 1.72
During the past 9 years, Sunray Engineering Group's highest Return-on-Tangible-Asset was 13.00%. The lowest was -5.33%. And the median was 4.53%.
HKSE:08616's Return-on-Tangible-Asset is ranked worse than 58.96% of 1796
companies
in the Construction industry
Industry Median: 3.065
vs HKSE:08616: 1.72
Sunray Engineering Group (HKSE:08616) 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.
Sunray Engineering Group Return-on-Tangible-Asset Related Terms
Sunray Engineering Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sunray Engineering Group'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.
Sunray Engineering Group Return-on-Tangible-Asset Chart
HKSE:08616 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Sunray Engineering 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.
Sunray Engineering Group Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Sunray Engineering Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sunray Engineering 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 2.11% mean?
Sunray Engineering Group (HKSE:08616) has a Return-on-Tangible-Asset of 2.11% 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 Sunray Engineering Group and its competitors. This is 53% below median its historical median of 4.53. According to the industry distribution chart, Sunray Engineering Group ranks #1059 out of 1796 companies in the Construction industry, placing it in the top 59%.
Is Sunray Engineering Group's Return-on-Tangible-Asset too high?
Sunray Engineering Group's current Return-on-Tangible-Asset of 2.11% is 53% below median its 10-year median of 4.53. The Construction industry median Return-on-Tangible-Asset is 3.07. Sunray Engineering Group's value of 2.11% is 31.2% below this industry median. Based on the distribution chart, Sunray Engineering Group ranks #1059 out of 1796 companies in the Construction industry, which is below the industry midpoint. Overall, Sunray Engineering Group has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sunray Engineering Group's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Sunray Engineering Group ranks #1059 out of 1796 companies for Return-on-Tangible-Asset. This places Sunray Engineering Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.07. Sunray Engineering Group's value of 2.11% is 31.2% below this benchmark. While the company's 10-year median is 4.53 vs. the industry median of 3.07, Sunray Engineering Group has consistently been below the industry average. 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 3.07, based on 1,796 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. Sunray Engineering Group's current Return-on-Tangible-Asset of 2.11% is 31.2% below 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 Sunray Engineering Group and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunray Engineering Group's current Return-on-Tangible-Asset is 2.11%, which is 53% below median its own 10-year median of 4.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunray Engineering Group stock overvalued right now?
Based on GuruFocus' analysis, Sunray Engineering Group (HKSE:08616) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.10 — trading 155% above its estimated fair value. The current Return-on-Tangible-Asset is 2.11%, which is 53% below median its 10-year median of 4.53 and 31.2% below the Construction industry median of 3.07. Sunray Engineering Group's overall GF Score™ is 54/100 with 8 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 Sunray Engineering Group (HKSE:08616), the current Return-on-Tangible-Asset is 2.11% 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 Sunray Engineering Group (HKSE:08616) Overvalued in 2026?
Based on GuruFocus' analysis, Sunray Engineering Group stock appears to be overvalued.
The current stock price of HK$0.10 is trading 155% above its estimated GF Value™ of HK$0.04.
GuruFocus considers Sunray Engineering Group to be Significantly Overvalued.
Key valuation signals for HKSE:08616:
Return-on-Tangible-Asset: 2.11% (53% below median its 10-year median of 4.53)
GF Value™: HK$0.04 vs. price of HK$0.10 (155% above fair value)
Industry Position: 31.2% below the Construction median (#1059 of 1796)
No single metric tells the full story. See the HKSE:08616 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sunray Engineering Group Ltd is an investment holding company. Along with its subsidiaries, it operates as a building protection solution provider principally engaged in the provision of building protection works and the supply of building protection products. Its reporting and operating segments are Provision of building protection works and Supply of building protection products. The majority of the group's revenue is generated from the provision of building protection works, which refers to the selection and use of appropriate building protection products in a building for protection against water, thermal, acoustic, and fire. Geographically, the group generates maximum revenue from Hong Kong, followed by Macau and Mainland China.
54GF Score
Get the complete analysis for HKSE:08616
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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