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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. Canopy SkyFire Group's annualized net income for the quarter that ended in Mar. 2026 was HK$-14.40 Mil. Canopy SkyFire Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$-9.03 Mil. Therefore, Canopy SkyFire Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was N/A%.
The historical rank and industry rank for Canopy SkyFire Group's Return-on-Tangible-Equity or its related term are showing as below:
During the past 12 years, Canopy SkyFire Group's highest Return-on-Tangible-Equity was 6.51%. The lowest was -4,197.71%. And the median was -23.59%.
HKSE:08245's Return-on-Tangible-Equity is not ranked *
in the Hardware industry.
Industry Median: 5.76 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Canopy SkyFire Group (HKSE:08245) 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.
Canopy SkyFire Group Return-on-Tangible-Equity Related Terms
Canopy SkyFire Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Canopy SkyFire 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.
Canopy SkyFire Group Return-on-Tangible-Equity Chart
HKSE:08245 vs CSCO, MSI, HPE: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Canopy SkyFire 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.
Canopy SkyFire Group Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Canopy SkyFire Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Canopy SkyFire 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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.00% mean?
Canopy SkyFire Group (HKSE:08245) has a Return-on-Tangible-Equity of 0.00% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Canopy SkyFire Group and its competitors. According to the industry distribution chart, Canopy SkyFire Group ranks #999999 out of 2383 companies in the Hardware industry.
Is Canopy SkyFire Group's Return-on-Tangible-Equity too high?
Canopy SkyFire Group's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Canopy SkyFire Group ranks #999999 out of 2383 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Canopy SkyFire Group has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canopy SkyFire Group's Return-on-Tangible-Equity compare to CSCO and MSI?
According to the Hardware industry distribution chart, Canopy SkyFire Group ranks #999999 out of 2383 companies for Return-on-Tangible-Equity. This places Canopy SkyFire Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.76. 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.76, based on 2,383 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 Canopy SkyFire Group and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canopy SkyFire Group's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canopy SkyFire Group stock overvalued right now?
Based on GuruFocus' analysis, Canopy SkyFire Group (HKSE:08245) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.13 — trading 62.5% above its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. Canopy SkyFire Group's overall GF Score™ is 32/100 with 4 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 Canopy SkyFire Group (HKSE:08245), the current Return-on-Tangible-Equity is 0.00% as of Mar. 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.
Is Canopy SkyFire Group (HKSE:08245) Overvalued in 2026?
Based on GuruFocus' analysis, Canopy SkyFire Group stock appears to be overvalued.
The current stock price of HK$0.13 is trading 62.5% above its estimated GF Value™ of HK$0.08.
GuruFocus considers Canopy SkyFire Group to be Significantly Overvalued.
Key valuation signals for HKSE:08245:
Return-on-Tangible-Equity: 0.00%
GF Value™: HK$0.08 vs. price of HK$0.13 (62.5% above fair value)
No single metric tells the full story. See the HKSE:08245 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canopy SkyFire Group Ltd, formerly known as Shanyu Group Holdings Co Ltd, is an investment holding company and the activities of its subsidiaries are engaged in designing, trading and manufacturing of two-way radios, baby monitors, plastic products and other communication devices. Geographically the company operates in Europe, the People's Republic of China, The United Kingdom, The United States, Hong Kong, Taiwan, and Australia deriving the majority of its revenue from Hong Kong.
32GF Score
Get the complete analysis for HKSE:08245
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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