HANCF (Hanstone Gold) Return-on-Tangible-Equity: 0.00% (As of Dec. 2025)


What is Hanstone Gold Return-on-Tangible-Equity?

Hanstone Gold HANCF Return-on-Tangible-Equity is 0.00% as of Dec. 2025. The stock has 3 warning signs investors should review. Among 2,375 Metals & Mining companies, Hanstone Gold ranks worse than 42105.22% 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. Hanstone Gold's annualized net income for the quarter that ended in Dec. 2025 was $-1.46 Mil. Hanstone Gold's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $-0.45 Mil. Therefore, Hanstone Gold's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was N/A%.

The historical rank and industry rank for Hanstone Gold's Return-on-Tangible-Equity or its related term are showing as below:

HANCF's Return-on-Tangible-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: -16.48
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Hanstone Gold  (OTCPK:HANCF) 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.


Hanstone Gold Return-on-Tangible-Equity Related Terms


Hanstone Gold Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Hanstone Gold'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.

Hanstone Gold Return-on-Tangible-Equity Chart

Hanstone Gold Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial -238.82 -124.28 -83.55 -133.12 0.00

Hanstone Gold Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Return-on-Tangible-Equity 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 -170.24 -267.32 -4,109.59 0.00 0.00

Hanstone Gold Return-on-Tangible-Equity Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Hanstone Gold'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.


Hanstone Gold Return-on-Tangible-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hanstone Gold's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Hanstone Gold's Return-on-Tangible-Equity falls into.



Hanstone Gold Return-on-Tangible-Equity Calculation

Hanstone Gold's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-1.078/( (0.269+-0.631 )/ 2 )
=-1.078/-0.181
=N/A %

Hanstone Gold's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=-1.456/( (-0.266+-0.631)/ 2 )
=-1.456/-0.4485
=N/A %

* 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 four times the quarterly (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 0.00% mean?
Hanstone Gold (HANCF) has a Return-on-Tangible-Equity of 0.00% 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 Hanstone Gold and its competitors. According to the industry distribution chart, Hanstone Gold ranks #999999 out of 2375 companies in the Metals & Mining industry.
Is Hanstone Gold's Return-on-Tangible-Equity too high?
Hanstone Gold's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Hanstone Gold ranks #999999 out of 2375 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Hanstone Gold's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Hanstone Gold ranks #999999 out of 2375 companies for Return-on-Tangible-Equity. This places Hanstone Gold in the lower half of its industry. 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 Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. 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 Hanstone Gold and its competitors. Hanstone Gold's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanstone Gold stock overvalued right now?
Hanstone Gold (HANCF) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. 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 Hanstone Gold (HANCF), the current Return-on-Tangible-Equity is 0.00% 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.

Hanstone Gold Business Description

Other Exchanges HGO:GermanyHANS:Canada
Address 1111 Melvielle Street, Suite 1100, Vancouver, BC, CAN, V6E3V6
Hanstone Gold Corp is a mineral exploration company. The company is focused on the exploration of its Doc Property located in the Skeena Mining Division in British Columbia. Its project includes Doc, Snip North, and others.