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China Pipe GroupHKSE:00380 -3.88%50 Return-on-Tangible-Equity is 5.46% as of Dec. 2025, which is 32% below its 10-year median of 7.98. GuruFocus rates HKSE:00380 with a GF Score™ of 50/100 and a GF Value™ of HK$0.09 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,066 Retail - Cyclical companies, China Pipe Group ranks worse than 55.44% 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 Pipe Group's annualized net income for the quarter that ended in Dec. 2025 was HK$47.0 Mil. China Pipe Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was HK$860.2 Mil. Therefore, China Pipe Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 5.46%.
The historical rank and industry rank for China Pipe Group's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:00380'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.26 Med: 7.98 Max: 15.81
Current: 6.62
During the past 13 years, China Pipe Group's highest Return-on-Tangible-Equity was 15.81%. The lowest was 1.26%. And the median was 7.98%.
HKSE:00380's Return-on-Tangible-Equity is ranked worse than 55.44% of 1066
companies
in the Retail - Cyclical industry
Industry Median: 8.455
vs HKSE:00380: 6.62
China Pipe Group (HKSE:00380) 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 Pipe Group Return-on-Tangible-Equity Related Terms
China Pipe Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for China Pipe 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.
HKSE:00380 vs HD, LOW, FND: Return-on-Tangible-Equity Comparison
For the Home Improvement Retail subindustry, China Pipe 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 Pipe Group Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, China Pipe Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where China Pipe 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 5.46% mean?
China Pipe Group (HKSE:00380) has a Return-on-Tangible-Equity of 5.46% 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 Pipe Group and its competitors. This is 32% below median its historical median of 7.98. Over the past decade, China Pipe Group's Return-on-Tangible-Equity has ranged from 1.26 to 15.81. According to the industry distribution chart, China Pipe Group ranks #591 out of 1066 companies in the Retail - Cyclical industry, placing it in the top 55.4%.
Is China Pipe Group's Return-on-Tangible-Equity too high?
China Pipe Group's current Return-on-Tangible-Equity of 5.46% is 32% below median its 10-year median of 7.98. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 15.81. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.46. China Pipe Group's value of 5.46% is 35.4% below this industry median. Based on the distribution chart, China Pipe Group ranks #591 out of 1066 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, China Pipe Group has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Pipe Group's Return-on-Tangible-Equity compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, China Pipe Group ranks #591 out of 1066 companies for Return-on-Tangible-Equity. This places China Pipe Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.46. China Pipe Group's value of 5.46% is 35.4% below this benchmark. Historically, China Pipe Group's own Return-on-Tangible-Equity has ranged from 1.26 to 15.81 over the past decade. While the company's 10-year median is 7.98 vs. the industry median of 8.46, China Pipe Group 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 a Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.46, based on 1,066 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 Pipe Group's current Return-on-Tangible-Equity of 5.46% is 35.4% 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 Pipe Group and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Pipe Group's current Return-on-Tangible-Equity is 5.46%, which is 32% below median its own 10-year median of 7.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Pipe Group stock overvalued right now?
Based on GuruFocus' analysis, China Pipe Group (HKSE:00380) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.09, compared to a current price of HK$0.12 — trading 37.8% above its estimated fair value. The current Return-on-Tangible-Equity is 5.46%, which is 32% below median its 10-year median of 7.98 and 35.4% below the Retail - Cyclical industry median of 8.46. China Pipe Group's overall GF Score™ is 50/100 with 2 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 Pipe Group (HKSE:00380), the current Return-on-Tangible-Equity is 5.46% 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 Pipe Group (HKSE:00380) Overvalued in 2026?
Based on GuruFocus' analysis, China Pipe Group stock appears to be overvalued.
The current stock price of HK$0.12 is trading 37.8% above its estimated GF Value™ of HK$0.09.
GuruFocus considers China Pipe Group to be Significantly Overvalued.
Key valuation signals for HKSE:00380:
Return-on-Tangible-Equity: 5.46% (32% below median its 10-year median of 7.98)
GF Value™: HK$0.09 vs. price of HK$0.12 (37.8% above fair value)
Industry Position: 35.4% below the Retail - Cyclical median (#591 of 1066)
No single metric tells the full story. See the HKSE:00380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Pipe Group Ltd is engaged in the importing and selling of a range of pipes, fittings, and other related accessories of different materials, applications, and brand names. Sales of the group's products are conducted either by wholesale or retail sale. The company operates under one operating segment, the trading of construction materials, mainly pipes and fittings. Geographically, it operates in Hong Kong, Macau, and Mainland China, with the majority of the revenue deriving from Hong Kong.
50GF 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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