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Sunray Engineering GroupHKSE:08616 Return-on-Tangible-Equity is 2.94% as of Mar. 2026, which is 52% below its 10-year median of 6.14. The stock has 8 warning signs investors should review. Among 1,714 Construction companies, Sunray Engineering Group ranks worse than 69.25% 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. Sunray Engineering Group's annualized net income for the quarter that ended in Mar. 2026 was HK$5.2 Mil. Sunray Engineering Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$176.4 Mil. Therefore, Sunray Engineering Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.94%.
The historical rank and industry rank for Sunray Engineering Group's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:08616'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.37 Med: 6.14 Max: 20.92
Current: 2.41
During the past 9 years, Sunray Engineering Group's highest Return-on-Tangible-Equity was 20.92%. The lowest was -7.37%. And the median was 6.14%.
HKSE:08616's Return-on-Tangible-Equity is ranked worse than 69.25% of 1714
companies
in the Construction industry
Industry Median: 8.2
vs HKSE:08616: 2.41
Sunray Engineering Group (HKSE:08616) 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.
Sunray Engineering Group Return-on-Tangible-Equity Related Terms
Sunray Engineering Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Sunray Engineering 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.
Sunray Engineering Group Return-on-Tangible-Equity Chart
HKSE:08616 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Sunray Engineering 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.
Sunray Engineering Group Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Sunray Engineering Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sunray Engineering 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 2.94% mean?
Sunray Engineering Group (HKSE:08616) has a Return-on-Tangible-Equity of 2.94% 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 Sunray Engineering Group and its competitors. This is 52% below median its historical median of 6.14. According to the industry distribution chart, Sunray Engineering Group ranks #1187 out of 1714 companies in the Construction industry, placing it in the top 69.3%.
Is Sunray Engineering Group's Return-on-Tangible-Equity too high?
Sunray Engineering Group's current Return-on-Tangible-Equity of 2.94% is 52% below median its 10-year median of 6.14. The Construction industry median Return-on-Tangible-Equity is 8.20. Sunray Engineering Group's value of 2.94% is 64.1% below this industry median. Based on the distribution chart, Sunray Engineering Group ranks #1187 out of 1714 companies in the Construction industry, which is below the industry midpoint.
How does Sunray Engineering Group's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Sunray Engineering Group ranks #1187 out of 1714 companies for Return-on-Tangible-Equity. This places Sunray Engineering Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.20. Sunray Engineering Group's value of 2.94% is 64.1% below this benchmark. While the company's 10-year median is 6.14 vs. the industry median of 8.20, Sunray Engineering Group has consistently been below the industry average. 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.20, based on 1,714 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. Sunray Engineering Group's current Return-on-Tangible-Equity of 2.94% is 64.1% below the industry median. 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 Sunray Engineering Group and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunray Engineering Group's current Return-on-Tangible-Equity is 2.94%, which is 52% below median its own 10-year median of 6.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunray Engineering Group stock overvalued right now?
Based on GuruFocus' analysis, Sunray Engineering Group (HKSE:08616) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.07 — trading 75% above its estimated fair value. The current Return-on-Tangible-Equity is 2.94%, which is 52% below median its 10-year median of 6.14 and 64.1% below the Construction industry median of 8.20. 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 Sunray Engineering Group (HKSE:08616), the current Return-on-Tangible-Equity is 2.94% 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.
Sunray Engineering Group Ltd is an investment holding company. Along with its subsidiaries, it operates as a building protection solution provider principally engaged in the provision of building protection works and the supply of building protection products. Its reporting and operating segments are Provision of building protection works and Supply of building protection products. The majority of the group's revenue is generated from the provision of building protection works, which refers to the selection and use of appropriate building protection products in a building for protection against water, thermal, acoustic, and fire. Geographically, the group generates maximum revenue from Hong Kong, followed by Macau and Mainland China.
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