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Wecon HoldingsHKSE:01793 -3.08%49 Return-on-Tangible-Equity is 2.29% as of Mar. 2026, which is 62% below its 10-year median of 5.95. GuruFocus rates HKSE:01793 with a GF Score™ of 49/100 and a GF Value™ of HK$0.19 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,716 Construction companies, Wecon Holdings ranks worse than 66.08% 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. Wecon Holdings's annualized net income for the quarter that ended in Mar. 2026 was HK$6 Mil. Wecon Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$275 Mil. Therefore, Wecon Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.29%.
The historical rank and industry rank for Wecon Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:01793'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.1 Med: 5.95 Max: 38.35
Current: 3.44
During the past 11 years, Wecon Holdings's highest Return-on-Tangible-Equity was 38.35%. The lowest was 2.10%. And the median was 5.95%.
HKSE:01793's Return-on-Tangible-Equity is ranked worse than 66.08% of 1716
companies
in the Construction industry
Industry Median: 8.225
vs HKSE:01793: 3.44
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.
Wecon Holdings Return-on-Tangible-Equity Related Terms
Wecon Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Wecon 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.
HKSE:01793 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Wecon 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.
Wecon Holdings Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Wecon Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Wecon 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 (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 2.29% mean?
Wecon Holdings (HKSE:01793) has a Return-on-Tangible-Equity of 2.29% 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 Wecon Holdings and its competitors. This is 62% below median its historical median of 5.95. Over the past decade, Wecon Holdings' Return-on-Tangible-Equity has ranged from 2.10 to 38.35. According to the industry distribution chart, Wecon Holdings ranks #1134 out of 1716 companies in the Construction industry, placing it in the top 66.1%.
Is Wecon Holdings' Return-on-Tangible-Equity too high?
Wecon Holdings' current Return-on-Tangible-Equity of 2.29% is 62% below median its 10-year median of 5.95. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 38.35. The Construction industry median Return-on-Tangible-Equity is 8.23. Wecon Holdings' value of 2.29% is 72.2% below this industry median. Based on the distribution chart, Wecon Holdings ranks #1134 out of 1716 companies in the Construction industry, which is below the industry midpoint. Overall, Wecon Holdings has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wecon Holdings' Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Wecon Holdings ranks #1134 out of 1716 companies for Return-on-Tangible-Equity. This places Wecon Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.23. Wecon Holdings' value of 2.29% is 72.2% below this benchmark. Historically, Wecon Holdings' own Return-on-Tangible-Equity has ranged from 2.10 to 38.35 over the past decade. While the company's 10-year median is 5.95 vs. the industry median of 8.23, Wecon 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 a Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.23, based on 1,716 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. Wecon Holdings's current Return-on-Tangible-Equity of 2.29% is 72.2% 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 Wecon Holdings and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wecon Holdings's current Return-on-Tangible-Equity is 2.29%, which is 62% below median its own 10-year median of 5.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wecon Holdings stock overvalued right now?
Based on GuruFocus' analysis, Wecon Holdings (HKSE:01793) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.19, compared to a current price of HK$0.95 — trading 397.4% above its estimated fair value. The current Return-on-Tangible-Equity is 2.29%, which is 62% below median its 10-year median of 5.95 and 72.2% below the Construction industry median of 8.23. Wecon Holdings' overall GF Score™ is 49/100 with 6 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 Wecon Holdings (HKSE:01793), the current Return-on-Tangible-Equity is 2.29% 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.
Is Wecon Holdings (HKSE:01793) Overvalued in 2026?
Based on GuruFocus' analysis, Wecon Holdings stock appears to be overvalued.
The current stock price of HK$0.95 is trading 397.4% above its estimated GF Value™ of HK$0.19.
GuruFocus considers Wecon Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:01793:
Return-on-Tangible-Equity: 2.29% (62% below median its 10-year median of 5.95)
GF Value™: HK$0.19 vs. price of HK$0.95 (397.4% above fair value)
Industry Position: 72.2% below the Construction median (#1134 of 1716)
No single metric tells the full story. See the HKSE:01793 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wecon Holdings Ltd is an investment holding company. The company's operating segment includes Construction contracts and RMAA works services. The Construction contracts services provided by the group consist of building works for new buildings, including residential, commercial, and industrial buildings. Its RMAA works services include the general upkeep, maintenance, improvement, refurbishment, alteration, and addition of existing facilities and components of buildings and their surroundings. It generates maximum revenue from the Construction contracts segment. Geographically, it derives revenue from Hong Kong.
49GF Score
Get the complete analysis for HKSE:01793
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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