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DL Holdings GroupHKSE:01709 -0.56%55 Return-on-Tangible-Asset is 14.56% as of Mar. 2026, which is 2% below its 10-year median of 14.90. GuruFocus rates HKSE:01709 with a GF Score™ of 55/100 and a GF Value™ of HK$4.88 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 586 Diversified Financial Services companies, DL Holdings Group ranks better than 98.29% 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. DL Holdings Group's annualizedNet Income for the quarter that ended in Mar. 2026 was HK$346.7 Mil. DL Holdings Group's average total tangible assets for the quarter that ended in Mar. 2026 was HK$2,381.5 Mil. Therefore, DL Holdings Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 14.56%.
The historical rank and industry rank for DL Holdings Group's Return-on-Tangible-Asset or its related term are showing as below:
HKSE:01709'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -27.13 Med: 14.9 Max: 49.79
Current: 18.98
During the past 12 years, DL Holdings Group's highest Return-on-Tangible-Asset was 49.79%. The lowest was -27.13%. And the median was 14.90%.
HKSE:01709's Return-on-Tangible-Asset is ranked better than 98.29% of 586
companies
in the Diversified Financial Services industry
Industry Median: 1.19
vs HKSE:01709: 18.98
DL Holdings Group (HKSE:01709) 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 companys 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 companys 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.
DL Holdings Group Return-on-Tangible-Asset Related Terms
DL Holdings Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for DL Holdings Group'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.
HKSE:01709 vs FRHC, VOYA: Return-on-Tangible-Asset Comparison
For the Financial Conglomerates subindustry, DL Holdings Group'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.
DL Holdings Group Return-on-Tangible-Asset vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, DL Holdings Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where DL Holdings Group's Return-on-Tangible-Asset 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-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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 14.56% mean?
DL Holdings Group (HKSE:01709) has a Return-on-Tangible-Asset of 14.56% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on DL Holdings Group and its competitors. This is near median its historical median of 14.90. According to the industry distribution chart, DL Holdings Group ranks #10 out of 586 companies in the Diversified Financial Services industry, placing it in the top 1.7%.
Is DL Holdings Group's Return-on-Tangible-Asset too high?
DL Holdings Group's current Return-on-Tangible-Asset of 14.56% is near median its 10-year median of 14.90. The Diversified Financial Services industry median Return-on-Tangible-Asset is 1.19. DL Holdings Group's value of 14.56% is 1123.5% above this industry median. Based on the distribution chart, DL Holdings Group ranks #10 out of 586 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, DL Holdings Group has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DL Holdings Group's Return-on-Tangible-Asset compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, DL Holdings Group ranks #10 out of 586 companies for Return-on-Tangible-Asset. This places DL Holdings Group in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.19. DL Holdings Group's value of 14.56% is 1123.5% above this benchmark. While the company's 10-year median is 14.90 vs. the industry median of 1.19, DL Holdings Group 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-Asset for a Diversified Financial Services company?
The median Return-on-Tangible-Asset among Diversified Financial Services companies is 1.19, based on 586 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. DL Holdings Group's current Return-on-Tangible-Asset of 14.56% is 1123.5% 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-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 DL Holdings Group and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Asset is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DL Holdings Group's current Return-on-Tangible-Asset is 14.56%, which is near median its own 10-year median of 14.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DL Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, DL Holdings Group (HKSE:01709) is currently considered Possible Value Trap. The stock's GF Value™ is HK$4.88, compared to a current price of HK$0.88 — trading 82% below its estimated fair value. The current Return-on-Tangible-Asset is 14.56%, which is near median its 10-year median of 14.90 and 1123.5% above the Diversified Financial Services industry median of 1.19. DL Holdings Group's overall GF Score™ is 55/100 with 5 warning signs to review. 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 DL Holdings Group (HKSE:01709), the current Return-on-Tangible-Asset is 14.56% 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 DL Holdings Group (HKSE:01709) Overvalued in 2026?
Based on GuruFocus' analysis, DL Holdings Group stock appears to be undervalued.
The current stock price of HK$0.88 is trading 82% below its estimated GF Value™ of HK$4.88.
GuruFocus considers DL Holdings Group to be Possible Value Trap.
Key valuation signals for HKSE:01709:
Return-on-Tangible-Asset: 14.56% (near median its 10-year median of 14.90)
GF Value™: HK$4.88 vs. price of HK$0.88 (82% below fair value)
Industry Position: 1123.5% above the Diversified Financial Services median (#10 of 586)
No single metric tells the full story. See the HKSE:01709 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DL Holdings Group Ltd is an investment holding company. It operates in given segments that include Sales of apparel products, Financial services of the licensed business, Family office services business, Money lending services and Enterprise solutions services, Sales of apparel products. The company generates the majority of its revenue from Financial services which include the provision of financial advisory services; securities research services; securities trading and brokerage services; margin financing services; referral services; and investment management and advisory services to the customers.
55GF Score
Get the complete analysis for HKSE:01709
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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