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.
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.
Sanergy GroupHKSE:02459 58 Return-on-Tangible-Equity is -32.45% as of Dec. 2025. GuruFocus rates HKSE:02459 with a GF Score™ of 58/100 and a GF Value™ of HK$4.94 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 615 Steel companies, Sanergy Group ranks worse than 93.33% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Sanergy Group's annualized net income for the quarter that ended in Dec. 2025 was HK$-246.9 Mil. Sanergy Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was HK$760.8 Mil. Therefore, Sanergy Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -32.45%.
The historical rank and industry rank for Sanergy Group's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:02459'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -32.32 Med: 3.4 Max: 68.79
Current: -25.56
During the past 8 years, Sanergy Group's highest Return-on-Tangible-Equity was 68.79%. The lowest was -32.32%. And the median was 3.40%.
HKSE:02459's Return-on-Tangible-Equity is ranked worse than 93.33% of 615
companies
in the Steel industry
Industry Median: 4.1
vs HKSE:02459: -25.56
Sanergy Group (HKSE:02459) 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.
Sanergy Group Return-on-Tangible-Equity Related Terms
Sanergy Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Sanergy Group'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:02459 vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Sanergy Group'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.
Sanergy Group Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Sanergy Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sanergy Group'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 -32.45% mean?
Sanergy Group (HKSE:02459) has a Return-on-Tangible-Equity of -32.45% 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 Sanergy Group and its competitors. According to the industry distribution chart, Sanergy Group ranks #574 out of 615 companies in the Steel industry, placing it in the top 93.3%.
Is Sanergy Group's Return-on-Tangible-Equity too high?
Sanergy Group's current Return-on-Tangible-Equity is -32.45%. Based on the distribution chart, Sanergy Group ranks #574 out of 615 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Sanergy Group has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sanergy Group's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Sanergy Group ranks #574 out of 615 companies for Return-on-Tangible-Equity. This places Sanergy Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.10. 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.10, based on 615 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. 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 Sanergy Group and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanergy Group's current Return-on-Tangible-Equity is -32.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanergy Group stock overvalued right now?
Based on GuruFocus' analysis, Sanergy Group (HKSE:02459) is currently considered Possible Value Trap. The stock's GF Value™ is HK$4.94, compared to a current price of HK$0.52 — trading 89.5% below its estimated fair value. The current Return-on-Tangible-Equity is -32.45%. Sanergy Group's overall GF Score™ is 58/100 with 2 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 Sanergy Group (HKSE:02459), the current Return-on-Tangible-Equity is -32.45% 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 Sanergy Group (HKSE:02459) Overvalued in 2026?
Based on GuruFocus' analysis, Sanergy Group stock appears to be undervalued.
The current stock price of HK$0.52 is trading 89.5% below its estimated GF Value™ of HK$4.94.
GuruFocus considers Sanergy Group to be Possible Value Trap.
Key valuation signals for HKSE:02459:
Return-on-Tangible-Equity: -32.45%
GF Value™: HK$4.94 vs. price of HK$0.52 (89.5% below fair value)
No single metric tells the full story. See the HKSE:02459 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sanergy Group Ltd is a manufacturer of UHP graphite electrodes. The company sells the products to automotive, infrastructure, construction, appliance, machinery, equipment, and transportation industries. Geographically, the company operates in the Americas, Europe, the Middle East and Africa, the People's Republic of China, and Asia Pacific excluding the PRC.
58GF Score
Get the complete analysis for HKSE:02459
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:02459 has been successfully added to your 
