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Zhongmiao Holdings (Qingdao) CoHKSE:01471 +0.06%20 Return-on-Tangible-Equity is 9.97% as of Dec. 2025, which is 6% below its 10-year median of 10.59. GuruFocus rates HKSE:01471 with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 493 Insurance companies, Zhongmiao Holdings (Qingdao) Co ranks worse than 66.33% 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. Zhongmiao Holdings (Qingdao) Co's annualized net income for the quarter that ended in Dec. 2025 was HK$58.9 Mil. Zhongmiao Holdings (Qingdao) Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was HK$590.2 Mil. Therefore, Zhongmiao Holdings (Qingdao) Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 9.97%.
The historical rank and industry rank for Zhongmiao Holdings (Qingdao) Co's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:01471'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.36 Med: 10.59 Max: 13.17
Current: 9.36
During the past 5 years, Zhongmiao Holdings (Qingdao) Co's highest Return-on-Tangible-Equity was 13.17%. The lowest was 9.36%. And the median was 10.59%.
HKSE:01471's Return-on-Tangible-Equity is ranked worse than 66.33% of 493
companies
in the Insurance industry
Industry Median: 13.8
vs HKSE:01471: 9.36
Zhongmiao Holdings (Qingdao) Co (HKSE:01471) 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.
Zhongmiao Holdings (Qingdao) Co Return-on-Tangible-Equity Related Terms
Zhongmiao Holdings (Qingdao) Co 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.
Zhongmiao Holdings (Qingdao) Co Return-on-Tangible-Equity Chart
HKSE:01471 vs MRSH, AON, AJG: Return-on-Tangible-Equity Comparison
For the Insurance Brokers subindustry, Zhongmiao Holdings (Qingdao) Co'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.
Zhongmiao Holdings (Qingdao) Co Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Zhongmiao Holdings (Qingdao) Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zhongmiao Holdings (Qingdao) Co'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 9.97% mean?
Zhongmiao Holdings (Qingdao) Co (HKSE:01471) has a Return-on-Tangible-Equity of 9.97% 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 Zhongmiao Holdings (Qingdao) Co and its competitors. This is near median its historical median of 10.59. Over the past decade, Zhongmiao Holdings (Qingdao) Co's Return-on-Tangible-Equity has ranged from 9.36 to 13.17. According to the industry distribution chart, Zhongmiao Holdings (Qingdao) Co ranks #327 out of 493 companies in the Insurance industry, placing it in the top 66.3%.
Is Zhongmiao Holdings (Qingdao) Co's Return-on-Tangible-Equity too high?
Zhongmiao Holdings (Qingdao) Co's current Return-on-Tangible-Equity of 9.97% is near median its 10-year median of 10.59. Over the past 10 years, this metric has ranged from a low of 9.36 to a high of 13.17. The Insurance industry median Return-on-Tangible-Equity is 13.80. Zhongmiao Holdings (Qingdao) Co's value of 9.97% is 27.8% below this industry median. Based on the distribution chart, Zhongmiao Holdings (Qingdao) Co ranks #327 out of 493 companies in the Insurance industry, which is below the industry midpoint. Overall, Zhongmiao Holdings (Qingdao) Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Zhongmiao Holdings (Qingdao) Co's Return-on-Tangible-Equity compare to MRSH and AON?
According to the Insurance industry distribution chart, Zhongmiao Holdings (Qingdao) Co ranks #327 out of 493 companies for Return-on-Tangible-Equity. This places Zhongmiao Holdings (Qingdao) Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 13.80. Zhongmiao Holdings (Qingdao) Co's value of 9.97% is 27.8% below this benchmark. Historically, Zhongmiao Holdings (Qingdao) Co's own Return-on-Tangible-Equity has ranged from 9.36 to 13.17 over the past decade. While the company's 10-year median is 10.59 vs. the industry median of 13.80, Zhongmiao Holdings (Qingdao) Co 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 Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.80, based on 493 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. Zhongmiao Holdings (Qingdao) Co's current Return-on-Tangible-Equity of 9.97% is 27.8% 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 Zhongmiao Holdings (Qingdao) Co and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongmiao Holdings (Qingdao) Co's current Return-on-Tangible-Equity is 9.97%, which is near median its own 10-year median of 10.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongmiao Holdings (Qingdao) Co stock overvalued right now?
Zhongmiao Holdings (Qingdao) Co (HKSE:01471) has a current Return-on-Tangible-Equity of 9.97%. The current Return-on-Tangible-Equity is 9.97%, which is near median its 10-year median of 10.59 and 27.8% below the Insurance industry median of 13.80. Zhongmiao Holdings (Qingdao) Co's overall GF Score™ is 20/100 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 Zhongmiao Holdings (Qingdao) Co (HKSE:01471), the current Return-on-Tangible-Equity is 9.97% 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.
Zhongmiao Holdings (Qingdao) Co Ltd is principally engaged in providing insurance agency services, insurance technology services and banking technology services in the PRC. The Company is mainly engaged in the provision of insurance technology services. Its insurance products include property insurance products, life and health insurance products, accident insurance products, and automobile insurance products. The Group operates through insurance agency services, insurance technology services and banking technology services segments, with insurance agency services generating maximum revenue.
20GF Score
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