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China Primary Energy HoldingsHKSE:08117 Return-on-Tangible-Equity is -9.77% as of Jun. 2026. The stock has 4 warning signs investors should review. Among 954 Oil & Gas companies, China Primary Energy Holdings ranks worse than 82.6% 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. China Primary Energy Holdings's annualized net income for the quarter that ended in Jun. 2026 was HK$-16.8 Mil. China Primary Energy Holdings's average shareholder tangible equity for the quarter that ended in Jun. 2026 was HK$171.9 Mil. Therefore, China Primary Energy Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was -9.77%.
The historical rank and industry rank for China Primary Energy Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:08117'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -23.99 Med: -7.94 Max: 3.49
Current: -14.95
During the past 13 years, China Primary Energy Holdings's highest Return-on-Tangible-Equity was 3.49%. The lowest was -23.99%. And the median was -7.94%.
HKSE:08117's Return-on-Tangible-Equity is ranked worse than 82.6% of 954
companies
in the Oil & Gas industry
Industry Median: 8.21
vs HKSE:08117: -14.95
China Primary Energy Holdings (HKSE:08117) 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.
China Primary Energy Holdings Return-on-Tangible-Equity Related Terms
China Primary Energy Holdings Return-on-Tangible-Equity Historical Data
* 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.
China Primary Energy Holdings Return-on-Tangible-Equity Chart
HKSE:08117 vs WMB, EPD, ET: Return-on-Tangible-Equity Comparison
For the Oil & Gas Midstream subindustry, China Primary Energy 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.
China Primary Energy Holdings Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, China Primary Energy Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where China Primary Energy 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -9.77% mean?
China Primary Energy Holdings (HKSE:08117) has a Return-on-Tangible-Equity of -9.77% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on China Primary Energy Holdings and its competitors. According to the industry distribution chart, China Primary Energy Holdings ranks #788 out of 954 companies in the Oil & Gas industry, placing it in the top 82.6%.
Is China Primary Energy Holdings' Return-on-Tangible-Equity too high?
China Primary Energy Holdings' current Return-on-Tangible-Equity is -9.77%. Based on the distribution chart, China Primary Energy Holdings ranks #788 out of 954 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does China Primary Energy Holdings' Return-on-Tangible-Equity compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, China Primary Energy Holdings ranks #788 out of 954 companies for Return-on-Tangible-Equity. This places China Primary Energy Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.21. 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 an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 8.21, based on 954 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 China Primary Energy Holdings and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Primary Energy Holdings's current Return-on-Tangible-Equity is -9.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Primary Energy Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Primary Energy Holdings (HKSE:08117) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.06, compared to a current price of HK$0.04 — trading 35% below its estimated fair value. The current Return-on-Tangible-Equity is -9.77%. 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 China Primary Energy Holdings (HKSE:08117), the current Return-on-Tangible-Equity is -9.77% as of Jun. 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.
China Primary Energy Holdings Ltd is an investment holding company. The Company and its subsidiaries are principally engaged in (i) the sale and distribution of natural gas; (ii) natural gas transmission services; (iii) the sale of heat and biomass gasification-related products; and (iv) property investment in the PRC. The majority of its revenue is generated from the sale and distribution of natural gas.
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