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Chenqi TechnologyHKSE:09680 +11.47%11 Return-on-Tangible-Equity is -38.73% as of Dec. 2025. GuruFocus rates HKSE:09680 with a GF Score™ of 11/100. The stock has 1 warning sign investors should review. Among 1,010 Business Services companies, Chenqi Technology ranks worse than 92.97% 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. Chenqi Technology's annualized net income for the quarter that ended in Dec. 2025 was HK$-371 Mil. Chenqi Technology's average shareholder tangible equity for the quarter that ended in Dec. 2025 was HK$959 Mil. Therefore, Chenqi Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -38.73%.
The historical rank and industry rank for Chenqi Technology's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:09680'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -31.85 Med: -31.85 Max: -29.06
Current: -29.06
During the past 5 years, Chenqi Technology's highest Return-on-Tangible-Equity was -29.06%. The lowest was -31.85%. And the median was -31.85%.
HKSE:09680's Return-on-Tangible-Equity is ranked worse than 92.97% of 1010
companies
in the Business Services industry
Industry Median: 11.37
vs HKSE:09680: -29.06
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.
Chenqi Technology Return-on-Tangible-Equity Related Terms
Chenqi Technology Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Chenqi Technology'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:09680 vs URI, SUNB, AER: Return-on-Tangible-Equity Comparison
For the Rental & Leasing Services subindustry, Chenqi Technology'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.
Chenqi Technology Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Chenqi Technology's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Chenqi Technology'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 -38.73% mean?
Chenqi Technology (HKSE:09680) has a Return-on-Tangible-Equity of -38.73% 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 Chenqi Technology and its competitors. According to the industry distribution chart, Chenqi Technology ranks #939 out of 1010 companies in the Business Services industry, placing it in the top 93%.
Is Chenqi Technology's Return-on-Tangible-Equity too high?
Chenqi Technology's current Return-on-Tangible-Equity is -38.73%. Based on the distribution chart, Chenqi Technology ranks #939 out of 1010 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Chenqi Technology has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Chenqi Technology's Return-on-Tangible-Equity compare to URI and SUNB?
According to the Business Services industry distribution chart, Chenqi Technology ranks #939 out of 1010 companies for Return-on-Tangible-Equity. This places Chenqi Technology in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.37. 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 11.37, based on 1,010 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 Chenqi Technology and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 11.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chenqi Technology's current Return-on-Tangible-Equity is -38.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chenqi Technology stock overvalued right now?
Chenqi Technology (HKSE:09680) has a current Return-on-Tangible-Equity of -38.73%. The current Return-on-Tangible-Equity is -38.73%. Chenqi Technology's overall GF Score™ is 11/100 with 1 warning sign 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 Chenqi Technology (HKSE:09680), the current Return-on-Tangible-Equity is -38.73% 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.
Chenqi Technology Ltd a mobility service company in China offering ride-hailing services. It serves & connects various participants of the mobility industry, including the riders, drivers, automobile OEMs, vehicle service providers, & autonomous driving solution providers. The company operates three reportable segments: Mobility services business, Technology services business, and Fleet sale & maintenance business. Key revenue is generated from the Mobility services, which include the provision of ride-hailing services, Robotaxi services, hitch services, & other related services. The Technology Services include the provision of technology services. The Fleet sale & maintenance business includes the Sale of vehicles, provision of repair and maintenance services & other related services.
11GF Score
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