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The historical rank and industry rank for China Energy Development Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:00228'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -117.99 Med: 3.44 Max: 27.89
Current: 3.16
During the past 13 years, China Energy Development Holdings's highest Return-on-Tangible-Equity was 27.89%. The lowest was -117.99%. And the median was 3.44%.
HKSE:00228's Return-on-Tangible-Equity is ranked worse than 62.05% of 954
companies
in the Oil & Gas industry
Industry Median: 8.21
vs HKSE:00228: 3.16
China Energy Development Holdings (HKSE:00228) 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 Energy Development Holdings Return-on-Tangible-Equity Related Terms
China Energy Development Holdings 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.
China Energy Development Holdings Return-on-Tangible-Equity Chart
HKSE:00228 vs XOM, CVX: Return-on-Tangible-Equity Comparison
For the Oil & Gas Integrated subindustry, China Energy Development Holdings'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 Energy Development Holdings Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, China Energy Development Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where China Energy Development Holdings'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 3.23% mean?
China Energy Development Holdings (HKSE:00228) has a Return-on-Tangible-Equity of 3.23% 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 China Energy Development Holdings and its competitors. This is near median its historical median of 3.44. According to the industry distribution chart, China Energy Development Holdings ranks #592 out of 954 companies in the Oil & Gas industry, placing it in the top 62.1%.
Is China Energy Development Holdings' Return-on-Tangible-Equity too high?
China Energy Development Holdings' current Return-on-Tangible-Equity of 3.23% is near median its 10-year median of 3.44. The Oil & Gas industry median Return-on-Tangible-Equity is 8.21. China Energy Development Holdings' value of 3.23% is 60.7% below this industry median. Based on the distribution chart, China Energy Development Holdings ranks #592 out of 954 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, China Energy Development Holdings has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Energy Development Holdings' Return-on-Tangible-Equity compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, China Energy Development Holdings ranks #592 out of 954 companies for Return-on-Tangible-Equity. This places China Energy Development Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.21. China Energy Development Holdings' value of 3.23% is 60.7% below this benchmark. While the company's 10-year median is 3.44 vs. the industry median of 8.21, China Energy Development Holdings has consistently been below the industry average. 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 Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 8.21, based on 954 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. China Energy Development Holdings's current Return-on-Tangible-Equity of 3.23% is 60.7% below the industry median. 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 Energy Development Holdings and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Energy Development Holdings's current Return-on-Tangible-Equity is 3.23%, which is near median its own 10-year median of 3.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Energy Development Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Energy Development Holdings (HKSE:00228) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.92, compared to a current price of HK$0.85 — trading 56% below its estimated fair value. The current Return-on-Tangible-Equity is 3.23%, which is near median its 10-year median of 3.44 and 60.7% below the Oil & Gas industry median of 8.21. China Energy Development Holdings' overall GF Score™ is 62/100 with 5 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 Energy Development Holdings (HKSE:00228), the current Return-on-Tangible-Equity is 3.23% 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 China Energy Development Holdings (HKSE:00228) Overvalued in 2026?
Based on GuruFocus' analysis, China Energy Development Holdings stock appears to be undervalued.
The current stock price of HK$0.85 is trading 56% below its estimated GF Value™ of HK$1.92.
GuruFocus considers China Energy Development Holdings to be Possible Value Trap.
Key valuation signals for HKSE:00228:
Return-on-Tangible-Equity: 3.23% (near median its 10-year median of 3.44)
GF Value™: HK$1.92 vs. price of HK$0.85 (56% below fair value)
Industry Position: 60.7% below the Oil & Gas median (#592 of 954)
No single metric tells the full story. See the HKSE:00228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Energy Development Holdings Ltd is engaged in oil and gas exploration; distribution of natural gas; sales of food and beverages and money lending business in Hong Kong. The company is engaged in three segments, namely, The Exploration, Production and Distribution of Natural Gas segment engaged in the exploration, development, production and sales of natural gas and the usage of pipeline for distribution of natural gas. Majority of the revenue is derived from The Exploration, Production and Distribution of Natural Gas segment. Geographically, the company operates in PRC and Hong Kong region.
62GF Score
Get the complete analysis for HKSE:00228
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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