SPKOY (Sinopec Kantons Holdings) Return-on-Tangible-Asset: 5.52% (As of Dec. 2025) — 26% Below Median


SPKOY Sinopec Kantons Holdings Ltd SPKOY
65 GF Score
Price $18.09
GF Value $24.06
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Sinopec Kantons Holdings Return-on-Tangible-Asset?

Sinopec Kantons Holdings SPKOY 65 Return-on-Tangible-Asset is 5.52% as of Dec. 2025, which is 26% below its 10-year median of 7.42. GuruFocus rates SPKOY with a GF Score™ of 65/100 and a GF Value™ of $24.06 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,024 Oil & Gas companies, Sinopec Kantons Holdings ranks better than 73.63% 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. Sinopec Kantons Holdings's annualized Net Income for the quarter that ended in Dec. 2025 was $119.50 Mil. Sinopec Kantons Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was $2,165.90 Mil. Therefore, Sinopec Kantons Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 5.52%.

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

SPKOY' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.79   Med: 7.42   Max: 14.52
Current: 6.15

During the past 13 years, Sinopec Kantons Holdings's highest Return-on-Tangible-Asset was 14.52%. The lowest was 2.79%. And the median was 7.42%.

SPKOY's Return-on-Tangible-Asset is ranked better than
73.63% of 1024 companies
in the Oil & Gas industry
Industry Median: 2.08 vs SPKOY: 6.15

Sinopec Kantons Holdings  (OTCPK:SPKOY) 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.


Sinopec Kantons Holdings Return-on-Tangible-Asset Related Terms


Sinopec Kantons Holdings Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Sinopec Kantons 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.

Sinopec Kantons Holdings Return-on-Tangible-Asset Chart

Sinopec Kantons Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.57 2.79 8.28 7.31 6.21

Sinopec Kantons Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.98 8.52 6.08 6.74 5.52

SPKOY vs WMB, EPD, KMI: Return-on-Tangible-Asset Comparison

For the Oil & Gas Midstream subindustry, Sinopec Kantons 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.


Sinopec Kantons Holdings Return-on-Tangible-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sinopec Kantons Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Sinopec Kantons Holdings's Return-on-Tangible-Asset falls into.


SPKOY
65GF Score
Sinopec Kantons Holdings Ltd SPKOY
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinopec Kantons Holdings Return-on-Tangible-Asset Calculation

Sinopec Kantons 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 )
=132.154/( (2093.233+2163.62)/ 2 )
=132.154/2128.4265
=6.21 %

Sinopec Kantons 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 )
=119.498/( (2168.176+2163.62)/ 2 )
=119.498/2165.898
=5.52 %

* 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 5.52% mean?
Sinopec Kantons Holdings (SPKOY) has a Return-on-Tangible-Asset of 5.52% 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 Sinopec Kantons Holdings and its competitors. This is 26% below median its historical median of 7.42. Over the past decade, Sinopec Kantons Holdings' Return-on-Tangible-Asset has ranged from 2.79 to 14.52. According to the industry distribution chart, Sinopec Kantons Holdings ranks #270 out of 1024 companies in the Oil & Gas industry, placing it in the top 26.4%.
Is Sinopec Kantons Holdings' Return-on-Tangible-Asset too high?
Sinopec Kantons Holdings' current Return-on-Tangible-Asset of 5.52% is 26% below median its 10-year median of 7.42. Over the past 10 years, this metric has ranged from a low of 2.79 to a high of 14.52. The Oil & Gas industry median Return-on-Tangible-Asset is 2.08. Sinopec Kantons Holdings' value of 5.52% is 165.4% above this industry median. Based on the distribution chart, Sinopec Kantons Holdings ranks #270 out of 1024 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Sinopec Kantons Holdings has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sinopec Kantons Holdings' Return-on-Tangible-Asset compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Sinopec Kantons Holdings ranks #270 out of 1024 companies for Return-on-Tangible-Asset. This puts Sinopec Kantons Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.08. Sinopec Kantons Holdings' value of 5.52% is 165.4% above this benchmark. Historically, Sinopec Kantons Holdings' own Return-on-Tangible-Asset has ranged from 2.79 to 14.52 over the past decade. While the company's 10-year median is 7.42 vs. the industry median of 2.08, Sinopec Kantons 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 2.08, based on 1,024 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. Sinopec Kantons Holdings's current Return-on-Tangible-Asset of 5.52% is 165.4% 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 Sinopec Kantons Holdings and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinopec Kantons Holdings's current Return-on-Tangible-Asset is 5.52%, which is 26% below median its own 10-year median of 7.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinopec Kantons Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sinopec Kantons Holdings (SPKOY) is currently considered Modestly Undervalued. The stock's GF Value™ is $24.06, compared to a current price of $18.09 — trading 24.8% below its estimated fair value. The current Return-on-Tangible-Asset is 5.52%, which is 26% below median its 10-year median of 7.42 and 165.4% above the Oil & Gas industry median of 2.08. Sinopec Kantons Holdings' overall GF Score™ is 65/100 with 2 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 Sinopec Kantons Holdings (SPKOY), the current Return-on-Tangible-Asset is 5.52% 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.

Is Sinopec Kantons Holdings (SPKOY) Overvalued in 2026?

Based on GuruFocus' analysis, Sinopec Kantons Holdings stock appears to be undervalued. The current stock price of $18.09 is trading 24.8% below its estimated GF Value™ of $24.06. GuruFocus considers Sinopec Kantons Holdings to be Modestly Undervalued.

Key valuation signals for SPKOY:

  • Return-on-Tangible-Asset: 5.52% (26% below median its 10-year median of 7.42)
  • GF Value™: $24.06 vs. price of $18.09 (24.8% below fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 165.4% above the Oil & Gas median (#270 of 1024)

No single metric tells the full story. See the SPKOY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinopec Kantons Holdings Business Description

Industry EnergyOil & Gas
Other Exchanges 00934:Hong KongSAK:Germany
Address 18 Whitfield Road, 34th Floor, Citicorp Centre, Causeway Bay, Hong Kong, HKG
Sinopec Kantons Holdings Ltd is engaged in the provision of crude oil jetty services. It engages in operation of crude oil and oil product terminals and ancillary facilities, provision of logistics services including storage, transportation and terminal services. It operates in two segment the Crude Oil Jetty and Storage business (including the domestic crude oil jetty and storage business and overseas storage business) and the Vessel Chartering and Logistics business. It derives the majority of the revenue from Crude Oil Jetty and Storage business segment which provides crude oil transportation, unloading, storage and other jetty services for oil tankers. Geographically, its revenue is derived from PRC.
65GF Score

Get the complete analysis for SPKOY

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

$18.09
Price
$24.06
GF Value