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XChange TecXHG +0.09%13 Return-on-Tangible-Asset is -84.17% as of Mar. 2026. GuruFocus rates XHG with a GF Score™ of 13/100. The stock has 6 warning signs investors should review. Among 505 Insurance companies, XChange Tec ranks better than 99.8% 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. XChange Tec's annualizedNet Income for the quarter that ended in Mar. 2026 was $-5.20 Mil. XChange Tec's average total tangible assets for the quarter that ended in Mar. 2026 was $6.17 Mil. Therefore, XChange Tec's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -84.17%.
The historical rank and industry rank for XChange Tec's Return-on-Tangible-Asset or its related term are showing as below:
XHG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -289.59 Med: -34.02 Max: 1434.94
Current: 1434.94
During the past 9 years, XChange Tec's highest Return-on-Tangible-Asset was 1434.94%. The lowest was -289.59%. And the median was -34.02%.
XHG's Return-on-Tangible-Asset is ranked better than 99.8% of 505
companies
in the Insurance industry
Industry Median: 2.88
vs XHG: 1434.94
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.
XChange Tec Return-on-Tangible-Asset Related Terms
XChange Tec Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for XChange Tec'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.
XHG vs EHTH, QDMI, HUIZ: Return-on-Tangible-Asset Comparison
For the Insurance Brokers subindustry, XChange Tec'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.
XChange Tec Return-on-Tangible-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, XChange Tec's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where XChange Tec'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 -84.17% mean?
XChange Tec (XHG) has a Return-on-Tangible-Asset of -84.17% 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 XChange Tec and its competitors. According to the industry distribution chart, XChange Tec ranks #1 out of 505 companies in the Insurance industry, placing it in the top 0.2%.
Is XChange Tec's Return-on-Tangible-Asset too high?
XChange Tec's current Return-on-Tangible-Asset is -84.17%. Based on the distribution chart, XChange Tec ranks #1 out of 505 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, XChange Tec has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does XChange Tec's Return-on-Tangible-Asset compare to EHTH and QDMI?
According to the Insurance industry distribution chart, XChange Tec ranks #1 out of 505 companies for Return-on-Tangible-Asset. This places XChange Tec in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.88. 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 Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.88, based on 505 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. 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 XChange Tec and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XChange Tec's current Return-on-Tangible-Asset is -84.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XChange Tec stock overvalued right now?
XChange Tec (XHG) has a current Return-on-Tangible-Asset of -84.17%. The current Return-on-Tangible-Asset is -84.17%. XChange Tec's overall GF Score™ is 13/100 with 6 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 XChange Tec (XHG), the current Return-on-Tangible-Asset is -84.17% 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.
XChange Tec Inc, through its subsidiaries, operates in the insurance agency and insurance technology business. The company specialized in distributing automobile insurance policies at the earlier stage of business and subsequently expanded its insurance product portfolio to include other types of insurance, including life, health, group accident, and other property-related insurances. A maximum of the insurance purchased through platform and agency services is for automobile insurance.
13GF Score
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