China Water Affairs GroupCWAFF 47 Return-on-Tangible-Equity is Negative Tangible Equity% as of Sep. 2025. GuruFocus rates CWAFF with a GF Score™ of 47/100 and a GF Value™ of $0.61 (Fairly Valued). The stock has 10 warning signs investors should review. Among 496 Utilities - Regulated companies, China Water Affairs Group ranks better than 99.8% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. China Water Affairs Group's annualized net income for the quarter that ended in Sep. 2025 was $147 Mil. China Water Affairs Group's average shareholder tangible equity for the quarter that ended in Sep. 2025 was $-2,911 Mil. Therefore, China Water Affairs Group's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 was Negative Tangible Equity%.
The historical rank and industry rank for China Water Affairs Group's Return-on-Tangible-Equity or its related term are showing as below:
CWAFF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0
Current: Negative Tangible Equity
CWAFF's Return-on-Tangible-Equity is ranked better than 99.8% of 496
companies
in the Utilities - Regulated industry
Industry Median: 10.91
vs CWAFF: Negative Tangible Equity
China Water Affairs Group (OTCPK:CWAFF) 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.
China Water Affairs Group Return-on-Tangible-Equity Related Terms
China Water Affairs Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for China Water Affairs Group's Return-on-Tangible-Equity 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.
China Water Affairs Group Return-on-Tangible-Equity Chart
CWAFF vs AWK, WTRG, AWR: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Water subindustry, China Water Affairs 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.
China Water Affairs Group Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, China Water Affairs Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where China Water Affairs 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 Negative Tangible Equity% mean?
China Water Affairs Group (CWAFF) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 China Water Affairs Group and its competitors. According to the industry distribution chart, China Water Affairs Group ranks #1 out of 496 companies in the Utilities - Regulated industry, placing it in the top 0.2%.
Is China Water Affairs Group's Return-on-Tangible-Equity too high?
China Water Affairs Group's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, China Water Affairs Group ranks #1 out of 496 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, China Water Affairs Group has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Water Affairs Group's Return-on-Tangible-Equity compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, China Water Affairs Group ranks #1 out of 496 companies for Return-on-Tangible-Equity. This places China Water Affairs Group in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.91. 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 Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.91, based on 496 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 China Water Affairs Group and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Water Affairs Group's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Water Affairs Group stock overvalued right now?
Based on GuruFocus' analysis, China Water Affairs Group (CWAFF) is currently considered Fairly Valued. The stock's GF Value™ is $0.61, compared to a current price of $0.62 — trading 1.6% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. China Water Affairs Group's overall GF Score™ is 47/100 with 10 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 China Water Affairs Group (CWAFF), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 China Water Affairs Group (CWAFF) Overvalued in 2026?
Based on GuruFocus' analysis, China Water Affairs Group stock appears to be overvalued.
The current stock price of $0.62 is trading 1.6% above its estimated GF Value™ of $0.61.
GuruFocus considers China Water Affairs Group to be Fairly Valued.
No single metric tells the full story. See the CWAFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Water Affairs Group Ltd is a Chinese water utility company that builds, operates, and invests in water affairs projects in China. The firm's primary segments include City water supply operation, main contractor construction, Environmental protection, and Pipeline direct drinking water supply. It generates a majority of its revenue from the City water supply operation segment. Geographically, the company generates a maximum share of its revenue from the People's Republic of China.
47GF Score
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