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.
The historical rank and industry rank for Majestic Dragon AeroTech Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:00918'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -82.8 Med: -7.15 Max: 36.6
Current: -2.44
During the past 13 years, Majestic Dragon AeroTech Holdings's highest Return-on-Tangible-Equity was 36.60%. The lowest was -82.80%. And the median was -7.15%.
HKSE:00918's Return-on-Tangible-Equity is ranked worse than 77.88% of 1017
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.47
vs HKSE:00918: -2.44
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.
Majestic Dragon AeroTech Holdings Return-on-Tangible-Equity Related Terms
Majestic Dragon AeroTech Holdings Return-on-Tangible-Equity 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.
HKSE:00918 vs RL, LEVI, VFC: Return-on-Tangible-Equity Comparison
For the Apparel Manufacturing subindustry, Majestic Dragon AeroTech Holdings'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.
Majestic Dragon AeroTech Holdings Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Majestic Dragon AeroTech Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Majestic Dragon AeroTech Holdings's Return-on-Tangible-Equity 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-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 -10.13% mean?
Majestic Dragon AeroTech Holdings (HKSE:00918) has a Return-on-Tangible-Equity of -10.13% 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 Majestic Dragon AeroTech Holdings and its competitors. According to the industry distribution chart, Majestic Dragon AeroTech Holdings ranks #792 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 77.9%.
Is Majestic Dragon AeroTech Holdings' Return-on-Tangible-Equity too high?
Majestic Dragon AeroTech Holdings' current Return-on-Tangible-Equity is -10.13%. Based on the distribution chart, Majestic Dragon AeroTech Holdings ranks #792 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Majestic Dragon AeroTech Holdings has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Majestic Dragon AeroTech Holdings' Return-on-Tangible-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Majestic Dragon AeroTech Holdings ranks #792 out of 1017 companies for Return-on-Tangible-Equity. This places Majestic Dragon AeroTech Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.47. 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.47, based on 1,017 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 Majestic Dragon AeroTech Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Majestic Dragon AeroTech Holdings's current Return-on-Tangible-Equity is -10.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Majestic Dragon AeroTech Holdings stock overvalued right now?
Based on GuruFocus' analysis, Majestic Dragon AeroTech Holdings (HKSE:00918) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.30, compared to a current price of HK$2.35 — trading 681.7% above its estimated fair value. The current Return-on-Tangible-Equity is -10.13%. Majestic Dragon AeroTech Holdings' overall GF Score™ is 39/100 with 6 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 Majestic Dragon AeroTech Holdings (HKSE:00918), the current Return-on-Tangible-Equity is -10.13% 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 Majestic Dragon AeroTech Holdings (HKSE:00918) Overvalued in 2026?
Based on GuruFocus' analysis, Majestic Dragon AeroTech Holdings stock appears to be overvalued.
The current stock price of HK$2.35 is trading 681.7% above its estimated GF Value™ of HK$0.30.
GuruFocus considers Majestic Dragon AeroTech Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:00918:
Return-on-Tangible-Equity: -10.13%
GF Value™: HK$0.30 vs. price of HK$2.35 (681.7% above fair value)
No single metric tells the full story. See the HKSE:00918 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Majestic Dragon AeroTech Holdings Ltd along with its subsidiaries, is principally engaged in the wholesale of consumer products including timepieces and accessories, garment and sportswear products, property investment, and provision of marketing services. Its segment includes Wholesale business, Property investment, and Unmanned aerial vehicles business. Maximum revenue is generated from the Wholesale Business. Geographically, the company derives key revenue from Mainland China followed by the Middle East, Hong Kong, Africa and Taiwan.
39GF Score
Get the complete analysis for HKSE:00918
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:00918 has been successfully added to your 
