Gemdale Properties and Investment (HKSE:00535) Return-on-Tangible-Asset: -7.42% (As of Dec. 2025)

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What is Gemdale Properties and Investment Return-on-Tangible-Asset?

Gemdale Properties and Investment HKSE:00535 Return-on-Tangible-Asset is -7.42% as of Dec. 2025. The stock has 7 warning signs investors should review. Among 1,802 Real Estate companies, Gemdale Properties and Investment ranks worse than 85.79% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Gemdale Properties and Investment's annualized Net Income for the quarter that ended in Dec. 2025 was HK$-5,309 Mil. Gemdale Properties and Investment's average total tangible assets for the quarter that ended in Dec. 2025 was HK$71,578 Mil. Therefore, Gemdale Properties and Investment's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -7.42%.

The historical rank and industry rank for Gemdale Properties and Investment's Return-on-Tangible-Asset or its related term are showing as below:

HKSE:00535' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.4   Med: 4.53   Max: 7.04
Current: -5.02

During the past 13 years, Gemdale Properties and Investment's highest Return-on-Tangible-Asset was 7.04%. The lowest was -5.40%. And the median was 4.53%.

HKSE:00535's Return-on-Tangible-Asset is ranked worse than
85.79% of 1802 companies
in the Real Estate industry
Industry Median: 1.82 vs HKSE:00535: -5.02

Gemdale Properties and Investment  (HKSE:00535) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset 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. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset 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 Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Gemdale Properties and Investment Return-on-Tangible-Asset Related Terms


Gemdale Properties and Investment Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Gemdale Properties and Investment's Return-on-Tangible-Asset 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.

Gemdale Properties and Investment Return-on-Tangible-Asset Chart

Gemdale Properties and Investment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.76 2.72 0.38 -5.40 -5.01

Gemdale Properties and Investment Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Asset 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 -0.46 -4.88 -5.88 -2.84 -7.42

Gemdale Properties and Investment Return-on-Tangible-Asset Competitor Comparison

For the Real Estate - Development subindustry, Gemdale Properties and Investment's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Gemdale Properties and Investment Return-on-Tangible-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Gemdale Properties and Investment's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Gemdale Properties and Investment's Return-on-Tangible-Asset falls into.



Gemdale Properties and Investment Return-on-Tangible-Asset Calculation

Gemdale Properties and Investment's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-3768.412/( (81134.473+69252.103)/ 2 )
=-3768.412/75193.288
=-5.01 %

Gemdale Properties and Investment's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=-5309.28/( (73903.141+69252.103)/ 2 )
=-5309.28/71577.622
=-7.42 %

* 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-Asset, the net income of the last fiscal year and the average total tangible 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.

What does a Return-on-Tangible-Asset of -7.42% mean?
Gemdale Properties and Investment (HKSE:00535) has a Return-on-Tangible-Asset of -7.42% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Gemdale Properties and Investment and its competitors. According to the industry distribution chart, Gemdale Properties and Investment ranks #1546 out of 1802 companies in the Real Estate industry, placing it in the top 85.8%.
Is Gemdale Properties and Investment's Return-on-Tangible-Asset too high?
Gemdale Properties and Investment's current Return-on-Tangible-Asset is -7.42%. Based on the distribution chart, Gemdale Properties and Investment ranks #1546 out of 1802 companies in the Real Estate industry, which is in the bottom quartile relative to peers.
How does Gemdale Properties and Investment's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Gemdale Properties and Investment ranks #1546 out of 1802 companies for Return-on-Tangible-Asset. This places Gemdale Properties and Investment in the lower half of its industry. The industry median Return-on-Tangible-Asset 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 Return-on-Tangible-Asset for a Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.82, based on 1,802 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Gemdale Properties and Investment and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gemdale Properties and Investment's current Return-on-Tangible-Asset is -7.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gemdale Properties and Investment stock overvalued right now?
Based on GuruFocus' analysis, Gemdale Properties and Investment (HKSE:00535) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.15, compared to a current price of HK$0.10 — trading 33.3% below its estimated fair value. The current Return-on-Tangible-Asset is -7.42%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Gemdale Properties and Investment (HKSE:00535), the current Return-on-Tangible-Asset is -7.42% 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.

Gemdale Properties and Investment Business Description

Address 111 Leighton Road, 16th Floor, Lee Garden Six, Causeway Bay, Hong Kong, HKG
Gemdale Properties and Investment Corp Ltd is an investment holding company engaged in real estate development and asset management. The Company develops, sells, invests in, and manages diversified properties including residential properties, industrial parks, commercial offices, rental housing, and commercial properties, while providing integrated spaces and services to businesses and individuals in cities. It operates through the Property Development segment, the Property Investment and Management segment, and the Corporate Others segment, with the Property Development segment generating the majority of the Company's revenue through the development and sale of residential and commercial properties. The Company generates almost all of its revenue from Mainland China.