VSFFF (Green Economy Development) Return-on-Tangible-Asset: 1.42% (As of Mar. 2026)

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.

VSFFF Green Economy Development Ltd VSFFF
38 GF Score
Price $3.36
GF Value $2.24
! 5 Warning Signs
View Full Analysis

What is Green Economy Development Return-on-Tangible-Asset?

Green Economy Development VSFFF 38 Return-on-Tangible-Asset is 1.42% as of Mar. 2026. GuruFocus rates VSFFF with a GF Score™ of 38/100 and a GF Value™ of $2.24. The stock has 5 warning signs investors should review. Among 415 Building Materials companies, Green Economy Development ranks worse than 58.8% 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. Green Economy Development's annualized Net Income for the quarter that ended in Mar. 2026 was $1.0 Mil. Green Economy Development's average total tangible assets for the quarter that ended in Mar. 2026 was $73.3 Mil. Therefore, Green Economy Development's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.42%.

The historical rank and industry rank for Green Economy Development's Return-on-Tangible-Asset or its related term are showing as below:

VSFFF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -18.52   Med: -0.79   Max: 2.71
Current: 1.45

During the past 13 years, Green Economy Development's highest Return-on-Tangible-Asset was 2.71%. The lowest was -18.52%. And the median was -0.79%.

VSFFF's Return-on-Tangible-Asset is ranked worse than
58.8% of 415 companies
in the Building Materials industry
Industry Median: 2.47 vs VSFFF: 1.45

Green Economy Development  (OTCPK:VSFFF) 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.


Green Economy Development Return-on-Tangible-Asset Related Terms


Green Economy Development Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Green Economy Development'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.

Green Economy Development Return-on-Tangible-Asset Chart

Green Economy Development Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.55 -11.03 2.72 2.30 1.63

Green Economy Development Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 8.87 0.61 3.73 1.33 1.42

VSFFF vs CRH, MLM, VMC: Return-on-Tangible-Asset Comparison

For the Building Materials subindustry, Green Economy Development'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.


Green Economy Development Return-on-Tangible-Asset vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Green Economy Development's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Green Economy Development's Return-on-Tangible-Asset falls into.


VSFFF
38GF Score
Green Economy Development Ltd VSFFF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Green Economy Development Return-on-Tangible-Asset Calculation

Green Economy Development's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=1.119/( (85.849+51.518)/ 2 )
=1.119/68.6835
=1.63 %

Green Economy Development's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=1.044/( (95.164+51.518)/ 2 )
=1.044/73.341
=1.42 %

* 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 1.42% mean?
Green Economy Development (VSFFF) has a Return-on-Tangible-Asset of 1.42% 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 Green Economy Development and its competitors. According to the industry distribution chart, Green Economy Development ranks #244 out of 415 companies in the Building Materials industry, placing it in the top 58.8%.
Is Green Economy Development's Return-on-Tangible-Asset too high?
Green Economy Development's current Return-on-Tangible-Asset is 1.42%. The Building Materials industry median Return-on-Tangible-Asset is 2.47. Green Economy Development's value of 1.42% is 42.5% below this industry median. Based on the distribution chart, Green Economy Development ranks #244 out of 415 companies in the Building Materials industry, which is below the industry midpoint. Overall, Green Economy Development has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Green Economy Development's Return-on-Tangible-Asset compare to CRH and MLM?
According to the Building Materials industry distribution chart, Green Economy Development ranks #244 out of 415 companies for Return-on-Tangible-Asset. This places Green Economy Development in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.47. Green Economy Development's value of 1.42% is 42.5% 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 Building Materials company?
The median Return-on-Tangible-Asset among Building Materials companies is 2.47, based on 415 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. Green Economy Development's current Return-on-Tangible-Asset of 1.42% is 42.5% 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 Green Economy Development and its competitors. For the Building Materials industry, the median Return-on-Tangible-Asset is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Economy Development's current Return-on-Tangible-Asset is 1.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Economy Development stock overvalued right now?
Green Economy Development (VSFFF) has a current Return-on-Tangible-Asset of 1.42%. The stock's GF Value™ is $2.24, compared to a current price of $3.36 — trading 50% above its estimated fair value. The current Return-on-Tangible-Asset is 1.42% and 42.5% below the Building Materials industry median of 2.47. Green Economy Development's overall GF Score™ is 38/100 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 Green Economy Development (VSFFF), the current Return-on-Tangible-Asset is 1.42% 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 Green Economy Development (VSFFF) Overvalued in 2026?

Based on GuruFocus' analysis, Green Economy Development stock appears to be overvalued. The current stock price of $3.36 is trading 50% above its estimated GF Value™ of $2.24.

Key valuation signals for VSFFF:

  • Return-on-Tangible-Asset: 1.42%
  • GF Value™: $2.24 vs. price of $3.36 (50% above fair value)
  • GF Score™: 38/100 with 5 warning signs
  • Industry Position: 42.5% below the Building Materials median (#244 of 415)

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


Green Economy Development Business Description

Other Exchanges 01315:Hong Kong
Address 60 Gloucester Road, Room 1001, 10th floor, China Huarong Tower, Wan Chai, Hong Kong, HKG
Green Economy Development Ltd, formerly Vision Fame International Holding Ltd. is principally engaged in the provision of building construction services, property maintenance services, alterations, renovation, upgrading fitting-out works services, and trading of materials. It operates through four business segments: Building construction and other construction related business; Alterations, renovation, upgrading and fitting-out works segment; Property maintenance segment; Supply chain management segment. It derives maximum revenue from trading of materials segment. The geographic area of operation includes PRC and Hong Kong.
38GF Score

Get the complete analysis for VSFFF

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

$3.36
Price
$2.24
GF Value