Tian An China Investments Co (HKSE:00028) ROA %: -2.06% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HKSE:00028 Tian An China Investments Co Ltd HKSE:00028
64 GF Score
Price HK$3.50
GF Value HK$10.47
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Tian An China Investments Co ROA %?

Tian An China Investments Co HKSE:00028 64 ROA % is -2.06% as of Dec. 2025. GuruFocus rates HKSE:00028 with a GF Score™ of 64/100 and a GF Value™ of HK$10.47 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,801 Real Estate companies, Tian An China Investments Co ranks better than 62.85% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Tian An China Investments Co's annualized Net Income for the quarter that ended in Dec. 2025 was HK$-1,153 Mil. Tian An China Investments Co's average Total Assets over the quarter that ended in Dec. 2025 was HK$56,073 Mil. Therefore, Tian An China Investments Co's annualized ROA % for the quarter that ended in Dec. 2025 was -2.06%.

The historical rank and industry rank for Tian An China Investments Co's ROA % or its related term are showing as below:

HKSE:00028' s ROA % Range Over the Past 10 Years
Min: -0.37   Med: 3.18   Max: 17.51
Current: 3.11

During the past 13 years, Tian An China Investments Co's highest ROA % was 17.51%. The lowest was -0.37%. And the median was 3.18%.

HKSE:00028's ROA % is ranked better than
62.85% of 1801 companies
in the Real Estate industry
Industry Median: 1.82 vs HKSE:00028: 3.11

Tian An China Investments Co  (HKSE:00028) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-1152.732/56073.376
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1152.732 / 3655.306)*(3655.306 / 56073.376)
=Net Margin %*Asset Turnover
=-31.54 %*0.0652
=-2.06 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Tian An China Investments Co ROA % Related Terms


Tian An China Investments Co ROA % Historical Data

* Premium members only.

The historical data trend for Tian An China Investments Co's ROA % 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.

Tian An China Investments Co ROA % Chart

Tian An China Investments Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.19 3.17 2.37 -0.37 3.09

Tian An China Investments Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.49 0.29 -1.01 8.19 -2.06

Tian An China Investments Co ROA % Competitor Comparison

For the Real Estate - Development subindustry, Tian An China Investments Co's ROA %, along with its competitors' market caps and ROA % 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.


Tian An China Investments Co ROA % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tian An China Investments Co's ROA % distribution charts can be found below:

* The bar in red indicates where Tian An China Investments Co's ROA % falls into.


HKSE:00028
64GF Score
Tian An China Investments Co Ltd HKSE:00028
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tian An China Investments Co ROA % Calculation

Tian An China Investments Co's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=1768.436/( (58411.092+56061.873)/ 2 )
=1768.436/57236.4825
=3.09 %

Tian An China Investments Co's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=-1152.732/( (56084.879+56061.873)/ 2 )
=-1152.732/56073.376
=-2.06 %

* 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 ROA %, the net income of the last fiscal year and the average total assets 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -2.06% mean?
Tian An China Investments Co (HKSE:00028) has a ROA % of -2.06% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Tian An China Investments Co and its competitors. According to the industry distribution chart, Tian An China Investments Co ranks #669 out of 1801 companies in the Real Estate industry, placing it in the top 37.1%.
Is Tian An China Investments Co's ROA % too high?
Tian An China Investments Co's current ROA % is -2.06%. Based on the distribution chart, Tian An China Investments Co ranks #669 out of 1801 companies in the Real Estate industry, which is above the industry midpoint. Overall, Tian An China Investments Co has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tian An China Investments Co's ROA % compare to competitors?
According to the Real Estate industry distribution chart, Tian An China Investments Co ranks #669 out of 1801 companies for ROA %. This puts Tian An China Investments Co in the upper half of its industry. The industry median ROA % is 1.82. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Real Estate company?
The median ROA % among Real Estate companies is 1.82, based on 1,801 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Tian An China Investments Co and its competitors. For the Real Estate industry, the median ROA % is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tian An China Investments Co's current ROA % is -2.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian An China Investments Co stock overvalued right now?
Based on GuruFocus' analysis, Tian An China Investments Co (HKSE:00028) is currently considered Possible Value Trap. The stock's GF Value™ is HK$10.47, compared to a current price of HK$3.50 — trading 66.6% below its estimated fair value. The current ROA % is -2.06%. Tian An China Investments Co's overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Tian An China Investments Co (HKSE:00028), the current ROA % is -2.06% 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.

Is Tian An China Investments Co (HKSE:00028) Overvalued in 2026?

Based on GuruFocus' analysis, Tian An China Investments Co stock appears to be undervalued. The current stock price of HK$3.50 is trading 66.6% below its estimated GF Value™ of HK$10.47. GuruFocus considers Tian An China Investments Co to be Possible Value Trap.

Key valuation signals for HKSE:00028:

  • ROA %: -2.06%
  • GF Value™: HK$10.47 vs. price of HK$3.50 (66.6% below fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the HKSE:00028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tian An China Investments Co Business Description

Address 138 Gloucester Road, 22nd Floor, Allied Kajima Building, Wanchai, Hong Kong, HKG
Tian An China Investments Co Ltd is engaged in property development and investment, provision of property management services, investment and operation of hospitals, eldercare and health-related businesses, and investment holding. The company mainly operates in four segments: property development, property investment, healthcare, and other operations. The company generates the maximum of its revenue from the healthcare segment. The healthcare segment includes hospital businesses, eldercare businesses, trading of medical equipment and related supplies. The company generates the majority of its revenue from the PRC.
64GF Score

Get the complete analysis for HKSE:00028

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$3.50
Price
HK$10.47
GF Value