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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. Futian Holdings's annualized net income for the quarter that ended in Dec. 2025 was HK$-3.1 Mil. Futian Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was HK$90.5 Mil. Therefore, Futian Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -3.45%.
The historical rank and industry rank for Futian Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:08196'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -77.68 Med: -4.31 Max: 23.73
Current: 0.72
During the past 12 years, Futian Holdings's highest Return-on-Tangible-Equity was 23.73%. The lowest was -77.68%. And the median was -4.31%.
HKSE:08196's Return-on-Tangible-Equity is ranked worse than 68.92% of 222
companies
in the Waste Management industry
Industry Median: 9.39
vs HKSE:08196: 0.72
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.
Futian Holdings Return-on-Tangible-Equity Related Terms
Futian Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Futian Holdings'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:08196 vs WM, RSG, WCN: Return-on-Tangible-Equity Comparison
For the Waste Management subindustry, Futian 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.
Futian Holdings Return-on-Tangible-Equity vs Waste Management Industry
For the Waste Management industry and Industrials sector, Futian Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Futian 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 (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 -3.45% mean?
Futian Holdings (HKSE:08196) has a Return-on-Tangible-Equity of -3.45% 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 Futian Holdings and its competitors. According to the industry distribution chart, Futian Holdings ranks #153 out of 222 companies in the Waste Management industry, placing it in the top 68.9%.
Is Futian Holdings' Return-on-Tangible-Equity too high?
Futian Holdings' current Return-on-Tangible-Equity is -3.45%. Based on the distribution chart, Futian Holdings ranks #153 out of 222 companies in the Waste Management industry, which is below the industry midpoint. Overall, Futian Holdings has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Futian Holdings' Return-on-Tangible-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, Futian Holdings ranks #153 out of 222 companies for Return-on-Tangible-Equity. This places Futian Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.39. 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 Waste Management company?
The median Return-on-Tangible-Equity among Waste Management companies is 9.39, based on 222 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 Futian Holdings and its competitors. For the Waste Management industry, the median Return-on-Tangible-Equity is 9.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Futian Holdings's current Return-on-Tangible-Equity is -3.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Futian Holdings stock overvalued right now?
Based on GuruFocus' analysis, Futian Holdings (HKSE:08196) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.28, compared to a current price of HK$0.85 — trading 33.6% below its estimated fair value. The current Return-on-Tangible-Equity is -3.45%. Futian Holdings' overall GF Score™ is 66/100 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 Futian Holdings (HKSE:08196), the current Return-on-Tangible-Equity is -3.45% 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 Futian Holdings (HKSE:08196) Overvalued in 2026?
Based on GuruFocus' analysis, Futian Holdings stock appears to be undervalued.
The current stock price of HK$0.85 is trading 33.6% below its estimated GF Value™ of HK$1.28.
GuruFocus considers Futian Holdings to be Possible Value Trap.
Key valuation signals for HKSE:08196:
Return-on-Tangible-Equity: -3.45%
GF Value™: HK$1.28 vs. price of HK$0.85 (33.6% below fair value)
No single metric tells the full story. See the HKSE:08196 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Futian Holdings Ltd is an investment holding company. It is principally engaged in environmental protection business, such as wastewater treatment and soil remediation, through design, construction, operation and maintenance service of related facilities; trading of related equipments; provision of online advertising and related services for online games; and property leasing and sub-leasing. in the environmental protection business. It has six reportable segments engineering, procurement and construction project (EPC Projects); equipment; service concession arrangement; the advertising; property leasing; and Others segment of which majority of revenue comes from EPC Projects segment comprises of the overall design, procurement and construction of sludge or wastewater treatment facilities.
66GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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