The historical rank and industry rank for Asia Standard International Group's Return-on-Tangible-Equity or its related term are showing as below:
ASASF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -34.18 Med: 4.63 Max: 8.9
Current: -29.81
During the past 13 years, Asia Standard International Group's highest Return-on-Tangible-Equity was 8.90%. The lowest was -34.18%. And the median was 4.63%.
ASASF's Return-on-Tangible-Equity is ranked worse than 93.78% of 1591
companies
in the Asset Management industry
Industry Median: 7.05
vs ASASF: -29.81
Asia Standard International Group (OTCPK:ASASF) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Asia Standard International Group Return-on-Tangible-Equity Related Terms
Asia Standard International Group Return-on-Tangible-Equity Historical Data
* 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.
Asia Standard International Group Return-on-Tangible-Equity Chart
ASASF vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Asia Standard International Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Asia Standard International Group Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Asia Standard International Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Asia Standard International Group's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Sep. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -5.91% mean?
Asia Standard International Group (ASASF) has a Return-on-Tangible-Equity of -5.91% as of Sep. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Asia Standard International Group and its competitors. According to the industry distribution chart, Asia Standard International Group ranks #1492 out of 1591 companies in the Asset Management industry, placing it in the top 93.8%.
Is Asia Standard International Group's Return-on-Tangible-Equity too high?
Asia Standard International Group's current Return-on-Tangible-Equity is -5.91%. Based on the distribution chart, Asia Standard International Group ranks #1492 out of 1591 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Asia Standard International Group has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Asia Standard International Group's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Asia Standard International Group ranks #1492 out of 1591 companies for Return-on-Tangible-Equity. This places Asia Standard International Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.05. 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-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.05, based on 1,591 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Asia Standard International Group and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Standard International Group's current Return-on-Tangible-Equity is -5.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Standard International Group stock overvalued right now?
Asia Standard International Group (ASASF) has a current Return-on-Tangible-Equity of -5.91%. The stock's GF Value™ is $0.19, compared to a current price of $0.03 — trading 84.8% below its estimated fair value. The current Return-on-Tangible-Equity is -5.91%. Asia Standard International Group's overall GF Score™ is 43/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Asia Standard International Group (ASASF), the current Return-on-Tangible-Equity is -5.91% as of Sep. 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 Asia Standard International Group (ASASF) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Standard International Group stock appears to be undervalued.
The current stock price of $0.03 is trading 84.8% below its estimated GF Value™ of $0.19.
Key valuation signals for ASASF:
Return-on-Tangible-Equity: -5.91%
GF Value™: $0.19 vs. price of $0.03 (84.8% below fair value)
No single metric tells the full story. See the ASASF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Standard International Group Business Description
Asia Standard International Group Ltd is an investment holding company. The company is principally engaged in developing and investing properties in location in Hong Kong, first-tier cities in China and Vancouver, Canada, and has established a well diversified business model across four main operating segments - property sales, property leasing, hotel operation and financial investments. The majority of its revenue is derived from the Financial Investments segment.
43GF Score
Get the complete analysis for ASASF
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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