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King International InvestmentHKSE:00928 +2.04% Return-on-Tangible-Equity is -4.71% as of Mar. 2026. The stock has 5 warning signs investors should review. Among 190 Medical Diagnostics & Research companies, King International Investment ranks better than 51.05% 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. King International Investment's annualized net income for the quarter that ended in Mar. 2026 was HK$-11.1 Mil. King International Investment's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$236.5 Mil. Therefore, King International Investment's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -4.71%.
The historical rank and industry rank for King International Investment's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:00928'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -34.92 Med: -11.28 Max: 6.24
Current: 0.8
During the past 13 years, King International Investment's highest Return-on-Tangible-Equity was 6.24%. The lowest was -34.92%. And the median was -11.28%.
HKSE:00928's Return-on-Tangible-Equity is ranked better than 51.05% of 190
companies
in the Medical Diagnostics & Research industry
Industry Median: 0.32
vs HKSE:00928: 0.80
King International Investment (HKSE:00928) 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.
King International Investment Return-on-Tangible-Equity Related Terms
King International Investment 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.
King International Investment Return-on-Tangible-Equity Chart
HKSE:00928 vs TMO, DHR, IDXX: Return-on-Tangible-Equity Comparison
For the Diagnostics & Research subindustry, King International Investment'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.
King International Investment Return-on-Tangible-Equity vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, King International Investment's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where King International Investment'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 -4.71% mean?
King International Investment (HKSE:00928) has a Return-on-Tangible-Equity of -4.71% 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 King International Investment and its competitors. According to the industry distribution chart, King International Investment ranks #93 out of 190 companies in the Medical Diagnostics & Research industry, placing it in the top 48.9%.
Is King International Investment's Return-on-Tangible-Equity too high?
King International Investment's current Return-on-Tangible-Equity is -4.71%. Based on the distribution chart, King International Investment ranks #93 out of 190 companies in the Medical Diagnostics & Research industry, which is above the industry midpoint.
How does King International Investment's Return-on-Tangible-Equity compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, King International Investment ranks #93 out of 190 companies for Return-on-Tangible-Equity. This puts King International Investment in the upper half of its industry. The industry median Return-on-Tangible-Equity is 0.32. 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 Medical Diagnostics & Research company?
The median Return-on-Tangible-Equity among Medical Diagnostics & Research companies is 0.32, based on 190 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 King International Investment and its competitors. For the Medical Diagnostics & Research industry, the median Return-on-Tangible-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. King International Investment's current Return-on-Tangible-Equity is -4.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King International Investment stock overvalued right now?
Based on GuruFocus' analysis, King International Investment (HKSE:00928) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.10 — trading 150% above its estimated fair value. The current Return-on-Tangible-Equity is -4.71%. 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 King International Investment (HKSE:00928), the current Return-on-Tangible-Equity is -4.71% 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.
King International Investment Ltd is an investment holding company. Its operating segments include healthcare products and services, money lending, and liquor sales, with the majority of revenue generated from the liquor sales segment. The group provides genetic testing and develops domestic healthcare equipment services. Leveraging its strengths, the group integrates health data analysis software with healthcare equipment to offer new healthcare services and products. Geographically, it derives the majority of its revenue from the PRC.
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