Xikang Cloud Hospital Holdings (HKSE:09686) Return-on-Tangible-Asset: 1.78% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:09686 Xikang Cloud Hospital Holdings Inc HKSE:09686
42 GF Score
Price HK$0.98
! 5 Warning Signs
View Full Analysis

What is Xikang Cloud Hospital Holdings Return-on-Tangible-Asset?

Xikang Cloud Hospital Holdings HKSE:09686 +0.51% 42 Return-on-Tangible-Asset is 1.78% as of Dec. 2025. GuruFocus rates HKSE:09686 with a GF Score™ of 42/100. The stock has 5 warning signs investors should review. Among 681 Healthcare Providers & Services companies, Xikang Cloud Hospital Holdings ranks worse than 70.48% 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. Xikang Cloud Hospital Holdings's annualized Net Income for the quarter that ended in Dec. 2025 was HK$22.0 Mil. Xikang Cloud Hospital Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was HK$1,234.2 Mil. Therefore, Xikang Cloud Hospital Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 1.78%.

The historical rank and industry rank for Xikang Cloud Hospital Holdings's Return-on-Tangible-Asset or its related term are showing as below:

HKSE:09686' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -31.82   Med: -16.92   Max: -3.31
Current: -3.34

During the past 6 years, Xikang Cloud Hospital Holdings's highest Return-on-Tangible-Asset was -3.31%. The lowest was -31.82%. And the median was -16.92%.

HKSE:09686's Return-on-Tangible-Asset is ranked worse than
70.48% of 681 companies
in the Healthcare Providers & Services industry
Industry Median: 2.64 vs HKSE:09686: -3.34

Xikang Cloud Hospital Holdings  (HKSE:09686) 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 company’s 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 company’s 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.


Xikang Cloud Hospital Holdings Return-on-Tangible-Asset Related Terms


Xikang Cloud Hospital Holdings Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Xikang Cloud Hospital 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.

Xikang Cloud Hospital Holdings Return-on-Tangible-Asset Chart

Xikang Cloud Hospital Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial -31.82 -24.64 -13.19 -6.18 -3.31

Xikang Cloud Hospital Holdings Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only -8.62 -9.02 -3.77 -8.37 1.78

HKSE:09686 vs VEEV, BTSG, TEM: Return-on-Tangible-Asset Comparison

For the Health Information Services subindustry, Xikang Cloud Hospital 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.


Xikang Cloud Hospital Holdings Return-on-Tangible-Asset vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Xikang Cloud Hospital Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Xikang Cloud Hospital Holdings's Return-on-Tangible-Asset falls into.


HKSE:09686
42GF Score
Xikang Cloud Hospital Holdings Inc HKSE:09686
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xikang Cloud Hospital Holdings Return-on-Tangible-Asset Calculation

Xikang Cloud Hospital Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-43.003/( (1343.027+1257.219)/ 2 )
=-43.003/1300.123
=-3.31 %

Xikang Cloud Hospital Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=22.006/( (1211.123+1257.219)/ 2 )
=22.006/1234.171
=1.78 %

* 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 (Dec. 2025) net income data.

What does a Return-on-Tangible-Asset of 1.78% mean?
Xikang Cloud Hospital Holdings (HKSE:09686) has a Return-on-Tangible-Asset of 1.78% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Xikang Cloud Hospital Holdings and its competitors. According to the industry distribution chart, Xikang Cloud Hospital Holdings ranks #480 out of 681 companies in the Healthcare Providers & Services industry, placing it in the top 70.5%.
Is Xikang Cloud Hospital Holdings' Return-on-Tangible-Asset too high?
Xikang Cloud Hospital Holdings' current Return-on-Tangible-Asset is 1.78%. The Healthcare Providers & Services industry median Return-on-Tangible-Asset is 2.64. Xikang Cloud Hospital Holdings' value of 1.78% is 32.6% below this industry median. Based on the distribution chart, Xikang Cloud Hospital Holdings ranks #480 out of 681 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Xikang Cloud Hospital Holdings has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Xikang Cloud Hospital Holdings' Return-on-Tangible-Asset compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Xikang Cloud Hospital Holdings ranks #480 out of 681 companies for Return-on-Tangible-Asset. This places Xikang Cloud Hospital Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.64. Xikang Cloud Hospital Holdings' value of 1.78% is 32.6% below 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 Healthcare Providers & Services company?
The median Return-on-Tangible-Asset among Healthcare Providers & Services companies is 2.64, based on 681 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. Xikang Cloud Hospital Holdings's current Return-on-Tangible-Asset of 1.78% is 32.6% 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 Xikang Cloud Hospital Holdings and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Asset is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xikang Cloud Hospital Holdings's current Return-on-Tangible-Asset is 1.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xikang Cloud Hospital Holdings stock overvalued right now?
Xikang Cloud Hospital Holdings (HKSE:09686) has a current Return-on-Tangible-Asset of 1.78%. The current Return-on-Tangible-Asset is 1.78% and 32.6% below the Healthcare Providers & Services industry median of 2.64. Xikang Cloud Hospital Holdings' overall GF Score™ is 42/100 with 5 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 Xikang Cloud Hospital Holdings (HKSE:09686), the current Return-on-Tangible-Asset is 1.78% as of Dec. 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.

Xikang Cloud Hospital Holdings Business Description

Address No. 12 Huizheng Alley, No. 1-1, 1-2, 1-3, 1-4, 1-5, 2-1, Haishu District, Zhejiang Province, Ningbo, CHN
Xikang Cloud Hospital Holdings Inc an investment holding company, and its subsidiaries are principally engaged in the provision of medical services, nursing services and health management services in the People's Republic of China. As an operator of Internet + Nursing Services, the Group has consistently positioned at-home medical and care services as its core strategic focus to accelerate the development and expansion of city-specific cloud hospital platforms within the smart healthcare ecosystem. It has established a full-chain digital medical service system covering medical treatment, nursing, and health management. Its segments are: medical services, nursing services, and health management services, with health management services generating maximum revenue from the Chinese mainland.
42GF Score

Get the complete analysis for HKSE:09686

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.98
Price