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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. Hebei Construction Group's annualized net income for the quarter that ended in Dec. 2025 was €-166 Mil. Hebei Construction Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €705 Mil. Therefore, Hebei Construction Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -23.53%.
The historical rank and industry rank for Hebei Construction Group's Return-on-Tangible-Equity or its related term are showing as below:
FRA:H9D'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.21 Med: 9.34 Max: 32.31
Current: -9.95
During the past 12 years, Hebei Construction Group's highest Return-on-Tangible-Equity was 32.31%. The lowest was -10.21%. And the median was 9.34%.
FRA:H9D's Return-on-Tangible-Equity is ranked worse than 85.8% of 1711
companies
in the Construction industry
Industry Median: 8.19
vs FRA:H9D: -9.95
Hebei Construction Group (FRA:H9D) 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.
Hebei Construction Group Return-on-Tangible-Equity Related Terms
Hebei Construction Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hebei Construction 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.
Hebei Construction Group Return-on-Tangible-Equity Chart
FRA:H9D vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Hebei Construction 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.
Hebei Construction Group Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Hebei Construction Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hebei Construction 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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -23.53% mean?
Hebei Construction Group (FRA:H9D) has a Return-on-Tangible-Equity of -23.53% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hebei Construction Group and its competitors. According to the industry distribution chart, Hebei Construction Group ranks #1468 out of 1711 companies in the Construction industry, placing it in the top 85.8%.
Is Hebei Construction Group's Return-on-Tangible-Equity too high?
Hebei Construction Group's current Return-on-Tangible-Equity is -23.53%. Based on the distribution chart, Hebei Construction Group ranks #1468 out of 1711 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Hebei Construction Group has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Hebei Construction Group's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Hebei Construction Group ranks #1468 out of 1711 companies for Return-on-Tangible-Equity. This places Hebei Construction Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.19. 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 a Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.19, based on 1,711 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 Hebei Construction Group and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hebei Construction Group's current Return-on-Tangible-Equity is -23.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hebei Construction Group stock overvalued right now?
Hebei Construction Group (FRA:H9D) has a current Return-on-Tangible-Equity of -23.53%. The stock's GF Value™ is €0.03, compared to a current price of €0.02 — trading 21.7% below its estimated fair value. The current Return-on-Tangible-Equity is -23.53%. Hebei Construction Group's overall GF Score™ is 40/100 with 7 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 Hebei Construction Group (FRA:H9D), the current Return-on-Tangible-Equity is -23.53% 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 Hebei Construction Group (FRA:H9D) Overvalued in 2026?
Based on GuruFocus' analysis, Hebei Construction Group stock appears to be undervalued.
The current stock price of €0.02 is trading 21.7% below its estimated GF Value™ of €0.03.
Key valuation signals for FRA:H9D:
Return-on-Tangible-Equity: -23.53%
GF Value™: €0.03 vs. price of €0.02 (21.7% below fair value)
No single metric tells the full story. See the FRA:H9D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hebei Construction Group Corp Ltd is an engineering and construction company. The company's services include construction contracting works of residential, public, industrial, and commercial buildings. It has two segments that are Construction contracting business and Other business. The construction contracting business segment provides general contractors for building construction projects and infrastructure construction projects. Other segment mainly includes concession arrangements and other services of the group. The majority of the group's revenue is generated from Mainland China.
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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