TYK Medicines (HKSE:02410) Return-on-Tangible-Equity: -150.16% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:02410 TYK Medicines Inc HKSE:02410
7 GF Score
Price HK$6.81
! 3 Warning Signs
View Full Analysis

What is TYK Medicines Return-on-Tangible-Equity?

TYK Medicines HKSE:02410 -4.08% 7 Return-on-Tangible-Equity is -150.16% as of Dec. 2025. GuruFocus rates HKSE:02410 with a GF Score™ of 7/100. The stock has 3 warning signs investors should review. Among 1,199 Biotechnology companies, TYK Medicines ranks worse than 73.23% 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. TYK Medicines's annualized net income for the quarter that ended in Dec. 2025 was HK$-414.47 Mil. TYK Medicines's average shareholder tangible equity for the quarter that ended in Dec. 2025 was HK$276.03 Mil. Therefore, TYK Medicines's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -150.16%.

The historical rank and industry rank for TYK Medicines's Return-on-Tangible-Equity or its related term are showing as below:

HKSE:02410' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -104.36   Med: -104.36   Max: -103.11
Current: -103.11

During the past 4 years, TYK Medicines's highest Return-on-Tangible-Equity was -103.11%. The lowest was -104.36%. And the median was -104.36%.

HKSE:02410's Return-on-Tangible-Equity is ranked worse than
73.23% of 1199 companies
in the Biotechnology industry
Industry Median: -42.21 vs HKSE:02410: -103.11

TYK Medicines  (HKSE:02410) 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.


TYK Medicines Return-on-Tangible-Equity Related Terms


TYK Medicines Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for TYK Medicines'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.

TYK Medicines Return-on-Tangible-Equity Chart

TYK Medicines Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
0.00 0.00 0.00 -104.36

TYK Medicines Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial 0.00 0.00 0.00 -66.95 -150.16

HKSE:02410 vs VRTX, REGN, RVMD: Return-on-Tangible-Equity Comparison

For the Biotechnology subindustry, TYK Medicines'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.


TYK Medicines Return-on-Tangible-Equity vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, TYK Medicines's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where TYK Medicines's Return-on-Tangible-Equity falls into.


HKSE:02410
7GF Score
TYK Medicines Inc HKSE:02410
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TYK Medicines Return-on-Tangible-Equity Calculation

TYK Medicines's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-331.161/( (407.623+227.053 )/ 2 )
=-331.161/317.338
=-104.36 %

TYK Medicines's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=-414.472/( (324.997+227.053)/ 2 )
=-414.472/276.025
=-150.16 %

* 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 -150.16% mean?
TYK Medicines (HKSE:02410) has a Return-on-Tangible-Equity of -150.16% 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 TYK Medicines and its competitors. According to the industry distribution chart, TYK Medicines ranks #878 out of 1199 companies in the Biotechnology industry, placing it in the top 73.2%.
Is TYK Medicines' Return-on-Tangible-Equity too high?
TYK Medicines' current Return-on-Tangible-Equity is -150.16%. Based on the distribution chart, TYK Medicines ranks #878 out of 1199 companies in the Biotechnology industry, which is below the industry midpoint. Overall, TYK Medicines has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does TYK Medicines' Return-on-Tangible-Equity compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, TYK Medicines ranks #878 out of 1199 companies for Return-on-Tangible-Equity. This places TYK Medicines in the lower half of its industry. 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 Biotechnology company?
A good Return-on-Tangible-Equity depends on the Biotechnology industry context. 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 TYK Medicines and its competitors. TYK Medicines's current Return-on-Tangible-Equity is -150.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TYK Medicines stock overvalued right now?
TYK Medicines (HKSE:02410) has a current Return-on-Tangible-Equity of -150.16%. The current Return-on-Tangible-Equity is -150.16%. TYK Medicines' overall GF Score™ is 7/100 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 TYK Medicines (HKSE:02410), the current Return-on-Tangible-Equity is -150.16% 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.

TYK Medicines Business Description

Address No.277 Longlan Road, 8th Floor, Building T2, China Eastern Binjiang Center, Xuhui District, Shanghai, CHN
TYK Medicines Inc is a clinical-stage biopharmaceutical company. The company is engaged in drug discovery research and development. The company and its subsidiaries are principally engaged in the research, development, and commercialization of pharmaceutical products. The company has built a pipeline with10 drug candidates, including Core Product TY-9591, five clinical stage products, and four preclinical stage or early clinical development stage.
7GF Score

Get the complete analysis for HKSE:02410

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$6.81
Price