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Canggang RailwayHKSE:02169 +3.26%46 Return-on-Tangible-Equity is 6.68% as of Dec. 2025, which is 36% below its 10-year median of 10.38. GuruFocus rates HKSE:02169 with a GF Score™ of 46/100 and a GF Value™ of HK$0.94 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 977 Transportation companies, Canggang Railway ranks worse than 57.11% 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. Canggang Railway's annualized net income for the quarter that ended in Dec. 2025 was HK$59.7 Mil. Canggang Railway's average shareholder tangible equity for the quarter that ended in Dec. 2025 was HK$892.7 Mil. Therefore, Canggang Railway's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 6.68%.
The historical rank and industry rank for Canggang Railway's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:02169'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.29 Med: 10.38 Max: 11.67
Current: 7.29
During the past 9 years, Canggang Railway's highest Return-on-Tangible-Equity was 11.67%. The lowest was 7.29%. And the median was 10.38%.
HKSE:02169's Return-on-Tangible-Equity is ranked worse than 57.11% of 977
companies
in the Transportation industry
Industry Median: 9.15
vs HKSE:02169: 7.29
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.
Canggang Railway Return-on-Tangible-Equity Related Terms
Canggang Railway Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Canggang Railway'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:02169 vs UNP, CSX, NSC: Return-on-Tangible-Equity Comparison
For the Railroads subindustry, Canggang Railway'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.
Canggang Railway Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Canggang Railway's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Canggang Railway'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 6.68% mean?
Canggang Railway (HKSE:02169) has a Return-on-Tangible-Equity of 6.68% 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 Canggang Railway and its competitors. This is 36% below median its historical median of 10.38. Over the past decade, Canggang Railway's Return-on-Tangible-Equity has ranged from 7.29 to 11.67. According to the industry distribution chart, Canggang Railway ranks #558 out of 977 companies in the Transportation industry, placing it in the top 57.1%.
Is Canggang Railway's Return-on-Tangible-Equity too high?
Canggang Railway's current Return-on-Tangible-Equity of 6.68% is 36% below median its 10-year median of 10.38. Over the past 10 years, this metric has ranged from a low of 7.29 to a high of 11.67. The Transportation industry median Return-on-Tangible-Equity is 9.15. Canggang Railway's value of 6.68% is 27% below this industry median. Based on the distribution chart, Canggang Railway ranks #558 out of 977 companies in the Transportation industry, which is below the industry midpoint. Overall, Canggang Railway has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Canggang Railway's Return-on-Tangible-Equity compare to UNP and CSX?
According to the Transportation industry distribution chart, Canggang Railway ranks #558 out of 977 companies for Return-on-Tangible-Equity. This places Canggang Railway in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.15. Canggang Railway's value of 6.68% is 27% below this benchmark. Historically, Canggang Railway's own Return-on-Tangible-Equity has ranged from 7.29 to 11.67 over the past decade. While the company's 10-year median is 10.38 vs. the industry median of 9.15, Canggang Railway 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.15, based on 977 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. Canggang Railway's current Return-on-Tangible-Equity of 6.68% is 27% 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 Canggang Railway and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canggang Railway's current Return-on-Tangible-Equity is 6.68%, which is 36% below median its own 10-year median of 10.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canggang Railway stock overvalued right now?
Based on GuruFocus' analysis, Canggang Railway (HKSE:02169) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.94, compared to a current price of HK$0.48 — trading 49.5% below its estimated fair value. The current Return-on-Tangible-Equity is 6.68%, which is 36% below median its 10-year median of 10.38 and 27% below the Transportation industry median of 9.15. Canggang Railway's overall GF Score™ is 46/100 with 7 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 Canggang Railway (HKSE:02169), the current Return-on-Tangible-Equity is 6.68% 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 Canggang Railway (HKSE:02169) Overvalued in 2026?
Based on GuruFocus' analysis, Canggang Railway stock appears to be undervalued.
The current stock price of HK$0.48 is trading 49.5% below its estimated GF Value™ of HK$0.94.
GuruFocus considers Canggang Railway to be Possible Value Trap.
Key valuation signals for HKSE:02169:
Return-on-Tangible-Equity: 6.68% (36% below median its 10-year median of 10.38)
GF Value™: HK$0.94 vs. price of HK$0.48 (49.5% below fair value)
Industry Position: 27% below the Transportation median (#558 of 977)
No single metric tells the full story. See the HKSE:02169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canggang Railway Ltd is a local railway operator based in Hebei Province. The company operates in two segments, rail freight transportation services, which provides rail freight transportation in the PRC; and other ancillary services, which includes provides freight loading and unloading services, road freight transportation and other services in the PRC. Its services also include loading and unloading, road freight transportation, construction, repair and maintenance of Special Service Lines, railway roadbed and other railway facility construction, and certain other businesses. The company earns its revenue from rail freight transportation services and ancillary services in the PRC.
46GF Score
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