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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. Asia-express Logistics Holdings's annualized net income for the quarter that ended in Mar. 2026 was HK$-3.5 Mil. Asia-express Logistics Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$32.7 Mil. Therefore, Asia-express Logistics Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -10.61%.
The historical rank and industry rank for Asia-express Logistics Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:08620'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -45.8 Med: -7.72 Max: 12.17
Current: -3.38
During the past 10 years, Asia-express Logistics Holdings's highest Return-on-Tangible-Equity was 12.17%. The lowest was -45.80%. And the median was -7.72%.
HKSE:08620's Return-on-Tangible-Equity is ranked worse than 86.07% of 976
companies
in the Transportation industry
Industry Median: 8.825
vs HKSE:08620: -3.38
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.
Asia-express Logistics Holdings Return-on-Tangible-Equity Related Terms
Asia-express Logistics 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.
For the Airports & Air Services subindustry, Asia-express Logistics 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.
Asia-express Logistics Holdings Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Asia-express Logistics Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Asia-express Logistics 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 (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 -10.61% mean?
Asia-express Logistics Holdings (HKSE:08620) has a Return-on-Tangible-Equity of -10.61% 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 Asia-express Logistics Holdings and its competitors. According to the industry distribution chart, Asia-express Logistics Holdings ranks #840 out of 976 companies in the Transportation industry, placing it in the top 86.1%.
Is Asia-express Logistics Holdings' Return-on-Tangible-Equity too high?
Asia-express Logistics Holdings' current Return-on-Tangible-Equity is -10.61%. Based on the distribution chart, Asia-express Logistics Holdings ranks #840 out of 976 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Asia-express Logistics Holdings has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia-express Logistics Holdings' Return-on-Tangible-Equity compare to competitors?
According to the Transportation industry distribution chart, Asia-express Logistics Holdings ranks #840 out of 976 companies for Return-on-Tangible-Equity. This places Asia-express Logistics Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.83. 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.83, based on 976 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 Asia-express Logistics Holdings and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia-express Logistics Holdings's current Return-on-Tangible-Equity is -10.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia-express Logistics Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asia-express Logistics Holdings (HKSE:08620) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.15 — trading 48% above its estimated fair value. The current Return-on-Tangible-Equity is -10.61%. Asia-express Logistics Holdings' overall GF Score™ is 45/100 with 3 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 Asia-express Logistics Holdings (HKSE:08620), the current Return-on-Tangible-Equity is -10.61% 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 Asia-express Logistics Holdings (HKSE:08620) Overvalued in 2026?
Based on GuruFocus' analysis, Asia-express Logistics Holdings stock appears to be overvalued.
The current stock price of HK$0.15 is trading 48% above its estimated GF Value™ of HK$0.10.
GuruFocus considers Asia-express Logistics Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:08620:
Return-on-Tangible-Equity: -10.61%
GF Value™: HK$0.10 vs. price of HK$0.15 (48% above fair value)
No single metric tells the full story. See the HKSE:08620 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia-express Logistics Holdings Ltd is an air cargo ground handling services provider in Hong Kong. The company's air cargo ground handling services cover Air cargo terminal operation; Transportation; Warehousing and other value-added services. It provides services to express carriers; air cargo terminal operators, freight forwarders, and corporates domestically and regionally. The group's operations are mainly located in Hong Kong and the PRC, of which key revenue is generated from Air cargo terminal operation services in Hong Kong.
45GF Score
Get the complete analysis for HKSE:08620
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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