Ka Shui International Holdings (HKSE:00822) Return-on-Tangible-Equity: 2.01% (As of Dec. 2025) — 71% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:00822 Ka Shui International Holdings Ltd HKSE:00822
49 GF Score
Price HK$0.34
GF Value HK$0.36
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Ka Shui International Holdings Return-on-Tangible-Equity?

Ka Shui International Holdings HKSE:00822 +1.49% 49 Return-on-Tangible-Equity is 2.01% as of Dec. 2025, which is 71% below its 10-year median of 6.91. GuruFocus rates HKSE:00822 with a GF Score™ of 49/100 and a GF Value™ of HK$0.36 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,978 Industrial Products companies, Ka Shui International Holdings ranks worse than 79.68% 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. Ka Shui International Holdings's annualized net income for the quarter that ended in Dec. 2025 was HK$23 Mil. Ka Shui International Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was HK$1,140 Mil. Therefore, Ka Shui International Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 2.01%.

The historical rank and industry rank for Ka Shui International Holdings's Return-on-Tangible-Equity or its related term are showing as below:

HKSE:00822' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.19   Med: 6.91   Max: 12.69
Current: -2.44

During the past 13 years, Ka Shui International Holdings's highest Return-on-Tangible-Equity was 12.69%. The lowest was -5.19%. And the median was 6.91%.

HKSE:00822's Return-on-Tangible-Equity is ranked worse than
79.68% of 2978 companies
in the Industrial Products industry
Industry Median: 7.01 vs HKSE:00822: -2.44

Ka Shui International Holdings  (HKSE:00822) 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.


Ka Shui International Holdings Return-on-Tangible-Equity Related Terms


Ka Shui International Holdings Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Ka Shui International Holdings'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.

Ka Shui International Holdings Return-on-Tangible-Equity Chart

Ka Shui International Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.77 5.87 -2.29 -5.19 -2.43

Ka Shui International Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.11 -8.49 -1.95 -6.89 2.01

HKSE:00822 vs CRS, ATI, MLI: Return-on-Tangible-Equity Comparison

For the Metal Fabrication subindustry, Ka Shui International 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.


Ka Shui International Holdings Return-on-Tangible-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ka Shui International Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Ka Shui International Holdings's Return-on-Tangible-Equity falls into.


HKSE:00822
49GF Score
Ka Shui International Holdings Ltd HKSE:00822
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ka Shui International Holdings Return-on-Tangible-Equity Calculation

Ka Shui International Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-27.907/( (1150.669+1146.819 )/ 2 )
=-27.907/1148.744
=-2.43 %

Ka Shui International Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=22.908/( (1133.447+1146.819)/ 2 )
=22.908/1140.133
=2.01 %

* 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 2.01% mean?
Ka Shui International Holdings (HKSE:00822) has a Return-on-Tangible-Equity of 2.01% 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 Ka Shui International Holdings and its competitors. This is 71% below median its historical median of 6.91. According to the industry distribution chart, Ka Shui International Holdings ranks #2373 out of 2978 companies in the Industrial Products industry, placing it in the top 79.7%.
Is Ka Shui International Holdings' Return-on-Tangible-Equity too high?
Ka Shui International Holdings' current Return-on-Tangible-Equity of 2.01% is 71% below median its 10-year median of 6.91. The Industrial Products industry median Return-on-Tangible-Equity is 7.01. Ka Shui International Holdings' value of 2.01% is 71.3% below this industry median. Based on the distribution chart, Ka Shui International Holdings ranks #2373 out of 2978 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Ka Shui International Holdings has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ka Shui International Holdings' Return-on-Tangible-Equity compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Ka Shui International Holdings ranks #2373 out of 2978 companies for Return-on-Tangible-Equity. This places Ka Shui International Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.01. Ka Shui International Holdings' value of 2.01% is 71.3% below this benchmark. While the company's 10-year median is 6.91 vs. the industry median of 7.01, Ka Shui International 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 Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 7.01, based on 2,978 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. Ka Shui International Holdings's current Return-on-Tangible-Equity of 2.01% is 71.3% 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 Ka Shui International Holdings and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 7.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ka Shui International Holdings's current Return-on-Tangible-Equity is 2.01%, which is 71% below median its own 10-year median of 6.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ka Shui International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ka Shui International Holdings (HKSE:00822) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.36, compared to a current price of HK$0.34 — trading 5.6% below its estimated fair value. The current Return-on-Tangible-Equity is 2.01%, which is 71% below median its 10-year median of 6.91 and 71.3% below the Industrial Products industry median of 7.01. Ka Shui International Holdings' overall GF Score™ is 49/100 with 8 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 Ka Shui International Holdings (HKSE:00822), the current Return-on-Tangible-Equity is 2.01% 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 Ka Shui International Holdings (HKSE:00822) Overvalued in 2026?

Based on GuruFocus' analysis, Ka Shui International Holdings stock appears to be undervalued. The current stock price of HK$0.34 is trading 5.6% below its estimated GF Value™ of HK$0.36. GuruFocus considers Ka Shui International Holdings to be Fairly Valued.

Key valuation signals for HKSE:00822:

  • Return-on-Tangible-Equity: 2.01% (71% below median its 10-year median of 6.91)
  • GF Value™: HK$0.36 vs. price of HK$0.34 (5.6% below fair value)
  • GF Score™: 49/100 with 8 warning signs
  • Industry Position: 71.3% below the Industrial Products median (#2373 of 2978)

No single metric tells the full story. See the HKSE:00822 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ka Shui International Holdings Business Description

Address 1 Wang Kwong Road, Room A, 29th Floor, Tower B, Billion Centre, Kowloon Bay, Kowloon, Hong Kong, HKG
Ka Shui International Holdings Ltd is involved in the die casting of alloy and plastic injection businesses. The company operates through nine operating divisions: zinc, magnesium, aluminum alloy, plastic products and components, trading of lighting products, provision of motor vehicle repairing services, sales of special purpose vehicles, provision of new energy vehicles power systems and production of other products. It generates maximum revenue from the Plastic segment. Geographically, it derives majority of its revenue from the PRC and has a presence in Hong Kong; the USA, and other countries.
49GF Score

Get the complete analysis for HKSE:00822

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.34
Price
HK$0.36
GF Value