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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. Value Convergence Holdings's annualized net income for the quarter that ended in Dec. 2025 was HK$-26.64 Mil. Value Convergence Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was HK$336.53 Mil. Therefore, Value Convergence Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -7.92%.
The historical rank and industry rank for Value Convergence Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:00821'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -54.37 Med: -13.83 Max: 1.73
Current: -17.95
During the past 13 years, Value Convergence Holdings's highest Return-on-Tangible-Equity was 1.73%. The lowest was -54.37%. And the median was -13.83%.
HKSE:00821's Return-on-Tangible-Equity is ranked worse than 85.92% of 774
companies
in the Capital Markets industry
Industry Median: 6.755
vs HKSE:00821: -17.95
Value Convergence Holdings (HKSE:00821) 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.
Value Convergence Holdings Return-on-Tangible-Equity Related Terms
Value Convergence 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.
Value Convergence Holdings Return-on-Tangible-Equity Chart
HKSE:00821 vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Value Convergence 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.
Value Convergence Holdings Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Value Convergence Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Value Convergence 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 -7.92% mean?
Value Convergence Holdings (HKSE:00821) has a Return-on-Tangible-Equity of -7.92% 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 Value Convergence Holdings and its competitors. According to the industry distribution chart, Value Convergence Holdings ranks #665 out of 774 companies in the Capital Markets industry, placing it in the top 85.9%.
Is Value Convergence Holdings' Return-on-Tangible-Equity too high?
Value Convergence Holdings' current Return-on-Tangible-Equity is -7.92%. Based on the distribution chart, Value Convergence Holdings ranks #665 out of 774 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Value Convergence Holdings has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Value Convergence Holdings' Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Value Convergence Holdings ranks #665 out of 774 companies for Return-on-Tangible-Equity. This places Value Convergence Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.76. 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.76, based on 774 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 Value Convergence Holdings and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Value Convergence Holdings's current Return-on-Tangible-Equity is -7.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Value Convergence Holdings stock overvalued right now?
Value Convergence Holdings (HKSE:00821) has a current Return-on-Tangible-Equity of -7.92%. The current Return-on-Tangible-Equity is -7.92%. Value Convergence Holdings' overall GF Score™ is 17/100 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 Value Convergence Holdings (HKSE:00821), the current Return-on-Tangible-Equity is -7.92% 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.
Value Convergence Holdings Ltd is an investment holding company. Along with its subsidiaries, the company operates as a financial services group delivering financial services and products that fulfill various investment and wealth management needs of its clients. The Group's reportable operating segments include Brokerage and Financing; Corporate Finance and other Advisory services; Asset Management; Insurance Brokerage; Proprietary Trading; and Property Investment. The majority of its revenue derives from the Brokerage and Financing segment that engages in securities, futures, and options brokering and dealing, provision of margin financing and money lending, and placing and underwriting services. Geographically, the Group generates all its revenue from Hong Kong.
17GF Score
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