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New Gonow Recreational VehiclesHKSE:00805 +0.12%19 Return-on-Tangible-Equity is 0.07% as of Dec. 2025, which is 100% below its 10-year median of 93.07. GuruFocus rates HKSE:00805 with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 1,281 Vehicles & Parts companies, New Gonow Recreational Vehicles ranks worse than 73.3% on this metric.
The historical rank and industry rank for New Gonow Recreational Vehicles's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:00805'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.08 Med: 93.07 Max: 191.71
Current: 2.08
During the past 5 years, New Gonow Recreational Vehicles's highest Return-on-Tangible-Equity was 191.71%. The lowest was 2.08%. And the median was 93.07%.
HKSE:00805's Return-on-Tangible-Equity is ranked worse than 73.3% of 1281
companies
in the Vehicles & Parts industry
Industry Median: 8.17
vs HKSE:00805: 2.08
New Gonow Recreational Vehicles (HKSE:00805) 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.
New Gonow Recreational Vehicles Return-on-Tangible-Equity Related Terms
New Gonow Recreational Vehicles 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.
New Gonow Recreational Vehicles Return-on-Tangible-Equity Chart
HKSE:00805 vs BC, THO, PII: Return-on-Tangible-Equity Comparison
For the Recreational Vehicles subindustry, New Gonow Recreational Vehicles'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.
New Gonow Recreational Vehicles Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, New Gonow Recreational Vehicles's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where New Gonow Recreational Vehicles'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 0.07% mean?
New Gonow Recreational Vehicles (HKSE:00805) has a Return-on-Tangible-Equity of 0.07% 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 New Gonow Recreational Vehicles and its competitors. This is 100% below median its historical median of 93.07. Over the past decade, New Gonow Recreational Vehicles' Return-on-Tangible-Equity has ranged from 2.08 to 191.71. According to the industry distribution chart, New Gonow Recreational Vehicles ranks #939 out of 1281 companies in the Vehicles & Parts industry, placing it in the top 73.3%.
Is New Gonow Recreational Vehicles' Return-on-Tangible-Equity too high?
New Gonow Recreational Vehicles' current Return-on-Tangible-Equity of 0.07% is 100% below median its 10-year median of 93.07. Over the past 10 years, this metric has ranged from a low of 2.08 to a high of 191.71. The Vehicles & Parts industry median Return-on-Tangible-Equity is 8.17. New Gonow Recreational Vehicles' value of 0.07% is 99.1% below this industry median. Based on the distribution chart, New Gonow Recreational Vehicles ranks #939 out of 1281 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, New Gonow Recreational Vehicles has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does New Gonow Recreational Vehicles' Return-on-Tangible-Equity compare to BC and THO?
According to the Vehicles & Parts industry distribution chart, New Gonow Recreational Vehicles ranks #939 out of 1281 companies for Return-on-Tangible-Equity. This places New Gonow Recreational Vehicles in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.17. New Gonow Recreational Vehicles' value of 0.07% is 99.1% below this benchmark. Historically, New Gonow Recreational Vehicles' own Return-on-Tangible-Equity has ranged from 2.08 to 191.71 over the past decade. While the company's 10-year median is 93.07 vs. the industry median of 8.17, New Gonow Recreational Vehicles 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 8.17, based on 1,281 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. New Gonow Recreational Vehicles's current Return-on-Tangible-Equity of 0.07% is 99.1% 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 New Gonow Recreational Vehicles and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 8.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Gonow Recreational Vehicles's current Return-on-Tangible-Equity is 0.07%, which is 100% below median its own 10-year median of 93.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Gonow Recreational Vehicles stock overvalued right now?
New Gonow Recreational Vehicles (HKSE:00805) has a current Return-on-Tangible-Equity of 0.07%. The current Return-on-Tangible-Equity is 0.07%, which is 100% below median its 10-year median of 93.07 and 99.1% below the Vehicles & Parts industry median of 8.17. New Gonow Recreational Vehicles' overall GF Score™ is 19/100 with 3 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 New Gonow Recreational Vehicles (HKSE:00805), the current Return-on-Tangible-Equity is 0.07% 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.
New Gonow Recreational Vehicles Inc is a a recreational vehicle enterprise with an presence in Australasia that designs, develops, manufactures and sells bespoke towable RVs. It has nearly 49 RV models, which were all standard caravans, spanning eight distinct series under three characteristic brands, namely Snowy River, Regent and NEWGEN. The company has two geographical revenue: Australia and New Zealand. Australia generated key revenue for the company.
19GF Score
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