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Sinostar Pec HoldingsSGX:C9Q +1.02% Return-on-Tangible-Asset is 19.26% as of Jun. 2026, which is 161% above its 10-year median of 7.37. The stock has 3 warning signs investors should review. Among 1,034 Oil & Gas companies, Sinostar Pec Holdings ranks better than 72.92% 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. Sinostar Pec Holdings's annualizedNet Income for the quarter that ended in Jun. 2026 was S$71.5 Mil. Sinostar Pec Holdings's average total tangible assets for the quarter that ended in Jun. 2026 was S$0.0 Mil. Therefore, Sinostar Pec Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 19.26%.
The historical rank and industry rank for Sinostar Pec Holdings's Return-on-Tangible-Asset or its related term are showing as below:
SGX:C9Q'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.31 Med: 7.37 Max: 13.28
Current: 7.03
During the past 13 years, Sinostar Pec Holdings's highest Return-on-Tangible-Asset was 13.28%. The lowest was 1.31%. And the median was 7.37%.
SGX:C9Q's Return-on-Tangible-Asset is ranked better than 72.92% of 1034
companies
in the Oil & Gas industry
Industry Median: 2.71
vs SGX:C9Q: 7.03
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.
Sinostar Pec Holdings Return-on-Tangible-Asset Related Terms
Sinostar Pec Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sinostar Pec 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.
SGX:C9Q vs COP, EOG, OXY: Return-on-Tangible-Asset Comparison
For the Oil & Gas E&P subindustry, Sinostar Pec 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.
Sinostar Pec Holdings Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Sinostar Pec Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sinostar Pec 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 four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 19.26% mean?
Sinostar Pec Holdings (SGX:C9Q) has a Return-on-Tangible-Asset of 19.26% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Sinostar Pec Holdings and its competitors. This is 161% above median its historical median of 7.37. Over the past decade, Sinostar Pec Holdings' Return-on-Tangible-Asset has ranged from 1.31 to 13.28. According to the industry distribution chart, Sinostar Pec Holdings ranks #280 out of 1034 companies in the Oil & Gas industry, placing it in the top 27.1%.
Is Sinostar Pec Holdings' Return-on-Tangible-Asset too high?
Sinostar Pec Holdings' current Return-on-Tangible-Asset of 19.26% is 161% above median its 10-year median of 7.37. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 13.28. The Oil & Gas industry median Return-on-Tangible-Asset is 2.71. Sinostar Pec Holdings' value of 19.26% is 610.7% above this industry median. Based on the distribution chart, Sinostar Pec Holdings ranks #280 out of 1034 companies in the Oil & Gas industry, which is above the industry midpoint.
How does Sinostar Pec Holdings' Return-on-Tangible-Asset compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Sinostar Pec Holdings ranks #280 out of 1034 companies for Return-on-Tangible-Asset. This puts Sinostar Pec Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.71. Sinostar Pec Holdings' value of 19.26% is 610.7% above this benchmark. Historically, Sinostar Pec Holdings' own Return-on-Tangible-Asset has ranged from 1.31 to 13.28 over the past decade. While the company's 10-year median is 7.37 vs. the industry median of 2.71, Sinostar Pec Holdings has consistently been above 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 an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.71, based on 1,034 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. Sinostar Pec Holdings's current Return-on-Tangible-Asset of 19.26% is 610.7% 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 Sinostar Pec Holdings and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinostar Pec Holdings's current Return-on-Tangible-Asset is 19.26%, which is 161% above median its own 10-year median of 7.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinostar Pec Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sinostar Pec Holdings (SGX:C9Q) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.08, compared to a current price of S$0.10 — trading 23.8% above its estimated fair value. The current Return-on-Tangible-Asset is 19.26%, which is 161% above median its 10-year median of 7.37 and 610.7% above the Oil & Gas industry median of 2.71. 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 Sinostar Pec Holdings (SGX:C9Q), the current Return-on-Tangible-Asset is 19.26% as of Jun. 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.
Sinostar Pec Holdings Ltd is a producer and supplier of downstream petrochemical products. The key products of the company are Processed LPG, Propylene, Purified Isobutylene, Hydrogen, Methyl Tert-butyl Ether (MTBE), Polypropylene, and Logistics and Transport. The company operates in two segments that are Gas separation, and Trasport and Logistic Service. It generates the majority of its revenue from the Gas separation segment. Processed LPG is a type of liquefied petroleum gas used as a source of fuel by households and industrial manufacturers mainly sold as household fuel through LPG distributors. All the operations of the company are principally carried out in China.
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