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Vanov Holdings CoHKSE:02260 -0.40%86 Return-on-Tangible-Equity is 17.86% as of Dec. 2025, which is 44% below its 10-year median of 31.74. GuruFocus rates HKSE:02260 with a GF Score™ of 86/100 and a GF Value™ of HK$1.61 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 280 Forest Products companies, Vanov Holdings Co ranks better than 82.14% 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. Vanov Holdings Co's annualized net income for the quarter that ended in Dec. 2025 was HK$59.4 Mil. Vanov Holdings Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was HK$332.5 Mil. Therefore, Vanov Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 17.86%.
The historical rank and industry rank for Vanov Holdings Co's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:02260'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.02 Med: 31.74 Max: 106.66
Current: 11.2
During the past 8 years, Vanov Holdings Co's highest Return-on-Tangible-Equity was 106.66%. The lowest was 11.02%. And the median was 31.74%.
HKSE:02260's Return-on-Tangible-Equity is ranked better than 82.14% of 280
companies
in the Forest Products industry
Industry Median: 2.58
vs HKSE:02260: 11.20
Vanov Holdings Co (HKSE:02260) 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.
Vanov Holdings Co Return-on-Tangible-Equity Related Terms
Vanov Holdings Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Vanov Holdings Co'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.
Vanov Holdings Co Return-on-Tangible-Equity Competitor Comparison
For the Paper & Paper Products subindustry, Vanov Holdings 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.
Vanov Holdings Co Return-on-Tangible-Equity vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Vanov Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Vanov Holdings 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 17.86% mean?
Vanov Holdings Co (HKSE:02260) has a Return-on-Tangible-Equity of 17.86% 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 Vanov Holdings Co and its competitors. This is 44% below median its historical median of 31.74. Over the past decade, Vanov Holdings Co's Return-on-Tangible-Equity has ranged from 11.02 to 106.66. According to the industry distribution chart, Vanov Holdings Co ranks #50 out of 280 companies in the Forest Products industry, placing it in the top 17.9%.
Is Vanov Holdings Co's Return-on-Tangible-Equity too high?
Vanov Holdings Co's current Return-on-Tangible-Equity of 17.86% is 44% below median its 10-year median of 31.74. Over the past 10 years, this metric has ranged from a low of 11.02 to a high of 106.66. The Forest Products industry median Return-on-Tangible-Equity is 2.58. Vanov Holdings Co's value of 17.86% is 592.2% above this industry median. Based on the distribution chart, Vanov Holdings Co ranks #50 out of 280 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Vanov Holdings Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vanov Holdings Co's Return-on-Tangible-Equity compare to competitors?
According to the Forest Products industry distribution chart, Vanov Holdings Co ranks #50 out of 280 companies for Return-on-Tangible-Equity. This places Vanov Holdings Co in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 2.58. Vanov Holdings Co's value of 17.86% is 592.2% above this benchmark. Historically, Vanov Holdings Co's own Return-on-Tangible-Equity has ranged from 11.02 to 106.66 over the past decade. While the company's 10-year median is 31.74 vs. the industry median of 2.58, Vanov Holdings Co has consistently been above 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.58, based on 280 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. Vanov Holdings Co's current Return-on-Tangible-Equity of 17.86% is 592.2% above 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 Vanov Holdings Co and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vanov Holdings Co's current Return-on-Tangible-Equity is 17.86%, which is 44% below median its own 10-year median of 31.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vanov Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Vanov Holdings Co (HKSE:02260) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.61, compared to a current price of HK$1.24 — trading 23.3% below its estimated fair value. The current Return-on-Tangible-Equity is 17.86%, which is 44% below median its 10-year median of 31.74 and 592.2% above the Forest Products industry median of 2.58. Vanov Holdings Co's overall GF Score™ is 86/100 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 Vanov Holdings Co (HKSE:02260), the current Return-on-Tangible-Equity is 17.86% 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 Vanov Holdings Co (HKSE:02260) Overvalued in 2026?
Based on GuruFocus' analysis, Vanov Holdings Co stock appears to be undervalued.
The current stock price of HK$1.24 is trading 23.3% below its estimated GF Value™ of HK$1.61.
GuruFocus considers Vanov Holdings Co to be Modestly Undervalued.
Key valuation signals for HKSE:02260:
Return-on-Tangible-Equity: 17.86% (44% below median its 10-year median of 31.74)
GF Value™: HK$1.61 vs. price of HK$1.24 (23.3% below fair value)
Industry Position: 592.2% above the Forest Products median (#50 of 280)
No single metric tells the full story. See the HKSE:02260 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressNo. 519, Section 2, Xinhua Avenue, Chengdu Strait Science and Technology, Industry Development Park, Sichuan Province, Wenjiang District, Chengdu, CHN
Vanov Holdings Co Ltd is an investment holding company and its subsidiaries are principally engaged in the design, manufacture, and sales of papermaking felts. The company has a collection of products which include Packaging papermaking felts, Specialty papermaking felts, Printing papermaking felts, Printing papermaking felts, and Pulp papermaking felts. The company generates the majority of revenue from The PRC region.
86GF Score
Get the complete analysis for HKSE:02260
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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