Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. ANE (Cayman)'s annualized net income for the quarter that ended in Jun. 2025 was HK$918 Mil. ANE (Cayman)'s average shareholder tangible equity for the quarter that ended in Jun. 2025 was HK$3,643 Mil. Therefore, ANE (Cayman)'s annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2025 was 25.21%.
The historical rank and industry rank for ANE (Cayman)'s Return-on-Tangible-Equity or its related term are showing as below:
HKSE:09956'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -19.67 Med: 18.59 Max: 27.22
Current: 24.54
During the past 7 years, ANE (Cayman)'s highest Return-on-Tangible-Equity was 27.22%. The lowest was -19.67%. And the median was 18.59%.
HKSE:09956's Return-on-Tangible-Equity is not ranked
in the Transportation industry.
Industry Median: 9.195
vs HKSE:09956: 24.54
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.
ANE (Cayman) Return-on-Tangible-Equity Related Terms
ANE (Cayman) Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ANE (Cayman)'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:09956 vs ODFL, XPO, SAIA: Return-on-Tangible-Equity Comparison
For the Trucking subindustry, ANE (Cayman)'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.
ANE (Cayman) Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, ANE (Cayman)'s Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ANE (Cayman)'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 (Jun. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 25.21% mean?
ANE (Cayman) (HKSE:09956) has a Return-on-Tangible-Equity of 25.21% as of Jun. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on ANE (Cayman) and its competitors. This is 36% above median its historical median of 18.59.
Is ANE (Cayman)'s Return-on-Tangible-Equity too high?
ANE (Cayman)'s current Return-on-Tangible-Equity of 25.21% is 36% above median its 10-year median of 18.59. The Transportation industry median Return-on-Tangible-Equity is 9.20. ANE (Cayman)'s value of 25.21% is 174.2% above this industry median. Overall, ANE (Cayman) has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does ANE (Cayman)'s Return-on-Tangible-Equity compare to ODFL and XPO?
ANE (Cayman)'s Return-on-Tangible-Equity of 25.21% can be compared against companies in the Transportation industry. The industry median Return-on-Tangible-Equity is 9.20. ANE (Cayman)'s value of 25.21% is 174.2% above this benchmark. While the company's 10-year median is 18.59 vs. the industry median of 9.20, ANE (Cayman) has consistently been above 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.20, based on 980 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. ANE (Cayman)'s current Return-on-Tangible-Equity of 25.21% is 174.2% above 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 ANE (Cayman) and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ANE (Cayman)'s current Return-on-Tangible-Equity is 25.21%, which is 36% above median its own 10-year median of 18.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ANE (Cayman) stock overvalued right now?
ANE (Cayman) (HKSE:09956) has a current Return-on-Tangible-Equity of 25.21%. The stock's GF Value™ is HK$8.21, compared to a current price of HK$12.13 — trading 47.7% above its estimated fair value. The current Return-on-Tangible-Equity is 25.21%, which is 36% above median its 10-year median of 18.59 and 174.2% above the Transportation industry median of 9.20. ANE (Cayman)'s overall GF Score™ is 76/100 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 ANE (Cayman) (HKSE:09956), the current Return-on-Tangible-Equity is 25.21% as of Jun. 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 ANE (Cayman) (HKSE:09956) Overvalued in 2026?
Based on GuruFocus' analysis, ANE (Cayman) stock appears to be overvalued.
The current stock price of HK$12.13 is trading 47.7% above its estimated GF Value™ of HK$8.21.
Key valuation signals for HKSE:09956:
Return-on-Tangible-Equity: 25.21% (36% above median its 10-year median of 18.59)
GF Value™: HK$8.21 vs. price of HK$12.13 (47.7% above fair value)
Industry Position: 174.2% above the Transportation median
No single metric tells the full story. See the HKSE:09956 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ANE (Cayman) Inc is a express freight network in China's less-than-truckload market. The Company mainly provide transportation services, value-added services, and dispatch services to their freight partners, direct customers The company's business has one single operating segment namely the provision of transportation and related services. It derives revenues from transportation services, value-added services, and dispatch services.
76GF Score
Get the complete analysis for HKSE:09956
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:09956 has been successfully added to your 
