Sunkwan Properties Group (FRA:5YQ) Return-on-Tangible-Equity: -203.88% (As of Jun. 2023)

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.

What is Sunkwan Properties Group Return-on-Tangible-Equity?

Sunkwan Properties Group FRA:5YQ Return-on-Tangible-Equity is -203.88% as of Jun. 2023.

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. Sunkwan Properties Group's annualized net income for the quarter that ended in Jun. 2023 was €-91.2 Mil. Sunkwan Properties Group's average shareholder tangible equity for the quarter that ended in Jun. 2023 was €44.7 Mil. Therefore, Sunkwan Properties Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was -203.88%.

The historical rank and industry rank for Sunkwan Properties Group's Return-on-Tangible-Equity or its related term are showing as below:

FRA:5YQ's Return-on-Tangible-Equity is not ranked *
in the Real Estate industry.
Industry Median: 4.27
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Sunkwan Properties Group  (FRA:5YQ) Return-on-Tangible-Equity Explanation

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.


Sunkwan Properties Group Return-on-Tangible-Equity Related Terms


Sunkwan Properties Group Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Sunkwan Properties Group'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.

Sunkwan Properties Group Return-on-Tangible-Equity Chart

Sunkwan Properties Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial 24.94 29.93 22.58 10.97 -125.93

Sunkwan Properties Group Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.78 16.93 -51.25 -216.58 -203.88

Sunkwan Properties Group Return-on-Tangible-Equity Competitor Comparison

For the Real Estate - Development subindustry, Sunkwan Properties Group'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.


Sunkwan Properties Group Return-on-Tangible-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunkwan Properties Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Sunkwan Properties Group's Return-on-Tangible-Equity falls into.



Sunkwan Properties Group Return-on-Tangible-Equity Calculation

Sunkwan Properties Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-262.279/( (347.355+69.18 )/ 2 )
=-262.279/208.2675
=-125.93 %

Sunkwan Properties Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=-91.19/( (69.18+20.276)/ 2 )
=-91.19/44.728
=-203.88 %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -203.88% mean?
Sunkwan Properties Group (FRA:5YQ) has a Return-on-Tangible-Equity of -203.88% as of Jun. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Sunkwan Properties Group and its competitors.
Is Sunkwan Properties Group's Return-on-Tangible-Equity too high?
Sunkwan Properties Group's current Return-on-Tangible-Equity is -203.88%.
How does Sunkwan Properties Group's Return-on-Tangible-Equity compare to competitors?
Sunkwan Properties Group's Return-on-Tangible-Equity of -203.88% can be compared against companies in the Real Estate industry. The industry median Return-on-Tangible-Equity is 4.27. 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,719 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. 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 Sunkwan Properties Group and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunkwan Properties Group's current Return-on-Tangible-Equity is -203.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunkwan Properties Group stock overvalued right now?
Sunkwan Properties Group (FRA:5YQ) has a current Return-on-Tangible-Equity of -203.88%. The current Return-on-Tangible-Equity is -203.88%. 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 Sunkwan Properties Group (FRA:5YQ), the current Return-on-Tangible-Equity is -203.88% as of Jun. 2023. 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.

Sunkwan Properties Group Business Description

Address No.77, Sunkwan Road, Building T1, Sunkwan Cente, Minhang District, Shanghai, CHN
Sunkwan Properties Group Ltd is engaged in the residential property development and sales. It focuses on the Yangtze River Delta Economic Zone and expanding to the Pearl River Delta Economic Zone and the Mid-China Core Economic Region.