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GoFintech Quantum InnovationHKSE:00290 +4.09%41 Return-on-Tangible-Equity is -82.51% as of Mar. 2026. GuruFocus rates HKSE:00290 with a GF Score™ of 41/100. The stock has 5 warning signs investors should review. Among 474 Diversified Financial Services companies, GoFintech Quantum Innovation ranks worse than 89.03% 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. GoFintech Quantum Innovation's annualized net income for the quarter that ended in Mar. 2026 was HK$-4,675 Mil. GoFintech Quantum Innovation's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$5,666 Mil. Therefore, GoFintech Quantum Innovation's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -82.51%.
The historical rank and industry rank for GoFintech Quantum Innovation's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:00290'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -42.01 Med: -20.26 Max: 16.63
Current: -42.01
During the past 13 years, GoFintech Quantum Innovation's highest Return-on-Tangible-Equity was 16.63%. The lowest was -42.01%. And the median was -20.26%.
HKSE:00290's Return-on-Tangible-Equity is ranked worse than 89.03% of 474
companies
in the Diversified Financial Services industry
Industry Median: 1.785
vs HKSE:00290: -42.01
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.
GoFintech Quantum Innovation Return-on-Tangible-Equity Related Terms
GoFintech Quantum Innovation 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.
HKSE:00290 vs FRHC, VOYA: Return-on-Tangible-Equity Comparison
For the Financial Conglomerates subindustry, GoFintech Quantum Innovation'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.
GoFintech Quantum Innovation Return-on-Tangible-Equity vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, GoFintech Quantum Innovation's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where GoFintech Quantum Innovation'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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -82.51% mean?
GoFintech Quantum Innovation (HKSE:00290) has a Return-on-Tangible-Equity of -82.51% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on GoFintech Quantum Innovation and its competitors. According to the industry distribution chart, GoFintech Quantum Innovation ranks #422 out of 474 companies in the Diversified Financial Services industry, placing it in the top 89%.
Is GoFintech Quantum Innovation's Return-on-Tangible-Equity too high?
GoFintech Quantum Innovation's current Return-on-Tangible-Equity is -82.51%. Based on the distribution chart, GoFintech Quantum Innovation ranks #422 out of 474 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, GoFintech Quantum Innovation has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does GoFintech Quantum Innovation's Return-on-Tangible-Equity compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, GoFintech Quantum Innovation ranks #422 out of 474 companies for Return-on-Tangible-Equity. This places GoFintech Quantum Innovation in the lower half of its industry. The industry median Return-on-Tangible-Equity is 1.79. 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 Diversified Financial Services company?
The median Return-on-Tangible-Equity among Diversified Financial Services companies is 1.79, based on 474 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 GoFintech Quantum Innovation and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Equity is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GoFintech Quantum Innovation's current Return-on-Tangible-Equity is -82.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoFintech Quantum Innovation stock overvalued right now?
GoFintech Quantum Innovation (HKSE:00290) has a current Return-on-Tangible-Equity of -82.51%. The current Return-on-Tangible-Equity is -82.51%. GoFintech Quantum Innovation's overall GF Score™ is 41/100 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 GoFintech Quantum Innovation (HKSE:00290), the current Return-on-Tangible-Equity is -82.51% as of Mar. 2026. 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.
GoFintech Quantum Innovation Ltd Formerly GoFintech Innovation Ltd is a cross-border financial service platform based in Hong Kong backed by the Greater Bay Area. The company's reportable and operating segments are; Securities brokerage and margin financing, Corporate finance, Money lending, Consultancy and Insurance brokerage, Asset management, and Equity investment. It generates maximum revenue from the Securities brokerage and margin financing segment which engages in securities brokerage and margin financing in Hong Kong. Geographically, the company derives a majority of its revenue from Hong Kong and the rest from the People's Republic of China.
41GF Score
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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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