Tse Sui Luen Jewellery (International) (HKSE:00417) Return-on-Tangible-Equity: 75.87% (As of Mar. 2026)

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HKSE:00417 Tse Sui Luen Jewellery (International) Ltd HKSE:00417
36 GF Score
Price HK$0.73
GF Value HK$0.57
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Tse Sui Luen Jewellery (International) Return-on-Tangible-Equity?

Tse Sui Luen Jewellery (International) HKSE:00417 36 Return-on-Tangible-Equity is 75.87% as of Mar. 2026. GuruFocus rates HKSE:00417 with a GF Score™ of 36/100 and a GF Value™ of HK$0.57 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,057 Retail - Cyclical companies, Tse Sui Luen Jewellery (International) ranks better than 81.46% on this metric.

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. Tse Sui Luen Jewellery (International)'s annualized net income for the quarter that ended in Mar. 2026 was HK$299 Mil. Tse Sui Luen Jewellery (International)'s average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$395 Mil. Therefore, Tse Sui Luen Jewellery (International)'s annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 75.87%.

The historical rank and industry rank for Tse Sui Luen Jewellery (International)'s Return-on-Tangible-Equity or its related term are showing as below:

HKSE:00417' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -59.1   Med: -1.77   Max: 32.39
Current: 32.39

During the past 13 years, Tse Sui Luen Jewellery (International)'s highest Return-on-Tangible-Equity was 32.39%. The lowest was -59.10%. And the median was -1.77%.

HKSE:00417's Return-on-Tangible-Equity is ranked better than
81.46% of 1057 companies
in the Retail - Cyclical industry
Industry Median: 8.67 vs HKSE:00417: 32.39

Tse Sui Luen Jewellery (International)  (HKSE:00417) 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.


Tse Sui Luen Jewellery (International) Return-on-Tangible-Equity Related Terms


Tse Sui Luen Jewellery (International) Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Tse Sui Luen Jewellery (International)'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.

Tse Sui Luen Jewellery (International) Return-on-Tangible-Equity Chart

Tse Sui Luen Jewellery (International) Annual Data
Trend Feb16 Feb17 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 -8.06 -59.10 -53.72 31.51

Tse Sui Luen Jewellery (International) Semi-Annual Data
Feb16 Aug16 Feb17 Aug17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Equity 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 -101.61 -17.53 -76.64 -23.37 75.87

HKSE:00417 vs TPR: Return-on-Tangible-Equity Comparison

For the Luxury Goods subindustry, Tse Sui Luen Jewellery (International)'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.


Tse Sui Luen Jewellery (International) Return-on-Tangible-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tse Sui Luen Jewellery (International)'s Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Tse Sui Luen Jewellery (International)'s Return-on-Tangible-Equity falls into.


HKSE:00417
36GF Score
Tse Sui Luen Jewellery (International) Ltd HKSE:00417
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tse Sui Luen Jewellery (International) Return-on-Tangible-Equity Calculation

Tse Sui Luen Jewellery (International)'s annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=114.392/( (270.394+455.626 )/ 2 )
=114.392/363.01
=31.51 %

Tse Sui Luen Jewellery (International)'s annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=299.362/( (333.517+455.626)/ 2 )
=299.362/394.5715
=75.87 %

* 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 (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 75.87% mean?
Tse Sui Luen Jewellery (International) (HKSE:00417) has a Return-on-Tangible-Equity of 75.87% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tse Sui Luen Jewellery (International) and its competitors. According to the industry distribution chart, Tse Sui Luen Jewellery (International) ranks #196 out of 1057 companies in the Retail - Cyclical industry, placing it in the top 18.5%.
Is Tse Sui Luen Jewellery (International)'s Return-on-Tangible-Equity too high?
Tse Sui Luen Jewellery (International)'s current Return-on-Tangible-Equity is 75.87%. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.67. Tse Sui Luen Jewellery (International)'s value of 75.87% is 775.1% above this industry median. Based on the distribution chart, Tse Sui Luen Jewellery (International) ranks #196 out of 1057 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Tse Sui Luen Jewellery (International) has a GF Score™ of 36/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tse Sui Luen Jewellery (International)'s Return-on-Tangible-Equity compare to TPR?
According to the Retail - Cyclical industry distribution chart, Tse Sui Luen Jewellery (International) ranks #196 out of 1057 companies for Return-on-Tangible-Equity. This places Tse Sui Luen Jewellery (International) in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.67. Tse Sui Luen Jewellery (International)'s value of 75.87% is 775.1% above this benchmark. 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.67, based on 1,057 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. Tse Sui Luen Jewellery (International)'s current Return-on-Tangible-Equity of 75.87% is 775.1% 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-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 Tse Sui Luen Jewellery (International) and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tse Sui Luen Jewellery (International)'s current Return-on-Tangible-Equity is 75.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tse Sui Luen Jewellery (International) stock overvalued right now?
Based on GuruFocus' analysis, Tse Sui Luen Jewellery (International) (HKSE:00417) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.57, compared to a current price of HK$0.73 — trading 28.1% above its estimated fair value. The current Return-on-Tangible-Equity is 75.87% and 775.1% above the Retail - Cyclical industry median of 8.67. Tse Sui Luen Jewellery (International)'s overall GF Score™ is 36/100 with 3 warning signs to review. 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 Tse Sui Luen Jewellery (International) (HKSE:00417), the current Return-on-Tangible-Equity is 75.87% 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 Tse Sui Luen Jewellery (International) (HKSE:00417) Overvalued in 2026?

Based on GuruFocus' analysis, Tse Sui Luen Jewellery (International) stock appears to be overvalued. The current stock price of HK$0.73 is trading 28.1% above its estimated GF Value™ of HK$0.57. GuruFocus considers Tse Sui Luen Jewellery (International) to be Modestly Overvalued.

Key valuation signals for HKSE:00417:

  • Return-on-Tangible-Equity: 75.87%
  • GF Value™: HK$0.57 vs. price of HK$0.73 (28.1% above fair value)
  • GF Score™: 36/100 with 3 warning signs
  • Industry Position: 775.1% above the Retail - Cyclical median (#196 of 1057)

No single metric tells the full story. See the HKSE:00417 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tse Sui Luen Jewellery (International) Business Description

Address 30 Man Yue Street, Ground Floor, Block B, Summit Building, Hunghom, Kowloon, Hong Kong, HKG
Tse Sui Luen Jewellery (International) Ltd is an investment holding company. It is engaged in the manufacture, sale, and marketing of jewelry products as well as the provision of service. The company's operating segment includes Retail Business, Wholesale Business, E-Business, and Other Businesses. It generates maximum revenue from the Retail Business segment which includes direct retail sales of jewellery products to end consumers through the physical outlets. The group derives revenue from the customers in Hong Kong and Macau, Mainland China and Other countries.
36GF Score

Get the complete analysis for HKSE:00417

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.73
Price
HK$0.57
GF Value