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-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Debao Property Development's annualizedNet Income for the quarter that ended in Jun. 2026 was S$-11.80 Mil. Debao Property Development's average total tangible assets for the quarter that ended in Jun. 2026 was S$675.17 Mil. Therefore, Debao Property Development's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -1.75%.
The historical rank and industry rank for Debao Property Development's Return-on-Tangible-Asset or its related term are showing as below:
SGX:BTF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.31 Med: -1.99 Max: 2.73
Current: -2.05
During the past 13 years, Debao Property Development's highest Return-on-Tangible-Asset was 2.73%. The lowest was -7.31%. And the median was -1.99%.
SGX:BTF's Return-on-Tangible-Asset is not ranked
in the Real Estate industry.
Industry Median: 1.795
vs SGX:BTF: -2.05
Debao Property Development (SGX:BTF) 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.
Debao Property Development Return-on-Tangible-Asset Related Terms
Debao Property Development Return-on-Tangible-Asset Historical 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.
Debao Property Development Return-on-Tangible-Asset Chart
SGX:BTF vs HHC: Return-on-Tangible-Asset Comparison
For the Real Estate - Diversified subindustry, Debao Property Development'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.
Debao Property Development Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Debao Property Development's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Debao Property Development'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 four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of -1.75% mean?
Debao Property Development (SGX:BTF) has a Return-on-Tangible-Asset of -1.75% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Debao Property Development and its competitors.
Is Debao Property Development's Return-on-Tangible-Asset too high?
Debao Property Development's current Return-on-Tangible-Asset is -1.75%.
How does Debao Property Development's Return-on-Tangible-Asset compare to HHC?
Debao Property Development's Return-on-Tangible-Asset of -1.75% can be compared against companies in the Real Estate industry. The industry median Return-on-Tangible-Asset is 1.80. 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 1.80, based on 1,800 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 Debao Property Development and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Debao Property Development's current Return-on-Tangible-Asset is -1.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Debao Property Development stock overvalued right now?
Debao Property Development (SGX:BTF) has a current Return-on-Tangible-Asset of -1.75%. The stock's GF Value™ is S$0.11, compared to a current price of S$0.13 — trading 16.4% above its estimated fair value. The current Return-on-Tangible-Asset is -1.75%. 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 Debao Property Development (SGX:BTF), the current Return-on-Tangible-Asset is -1.75% as of Jun. 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.
Debao Property Development Ltd is an integrated property developer specialising in the building of quality integrated residential properties and commercial properties in the PRC. The company has developed quality integrated residential and commercial property developments within Foshan City, Guangdong Province, which are mainly large-scale and multi-phased projects.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SGX:BTF has been successfully added to your 
