New Sparkle Roll International Group (HKSE:00970) Return-on-Tangible-Equity: -10.07% (As of Mar. 2026)

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HKSE:00970 New Sparkle Roll International Group Ltd HKSE:00970
37 GF Score
Price HK$0.31
GF Value HK$0.39
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is New Sparkle Roll International Group Return-on-Tangible-Equity?

New Sparkle Roll International Group HKSE:00970 37 Return-on-Tangible-Equity is -10.07% as of Mar. 2026. GuruFocus rates HKSE:00970 with a GF Score™ of 37/100 and a GF Value™ of HK$0.39 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,284 Vehicles & Parts companies, New Sparkle Roll International Group ranks worse than 87.46% 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. New Sparkle Roll International Group's annualized net income for the quarter that ended in Mar. 2026 was HK$-90 Mil. New Sparkle Roll International Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$890 Mil. Therefore, New Sparkle Roll International Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -10.07%.

The historical rank and industry rank for New Sparkle Roll International Group's Return-on-Tangible-Equity or its related term are showing as below:

HKSE:00970' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -63.13   Med: 1.97   Max: 30.44
Current: -10.24

During the past 13 years, New Sparkle Roll International Group's highest Return-on-Tangible-Equity was 30.44%. The lowest was -63.13%. And the median was 1.97%.

HKSE:00970's Return-on-Tangible-Equity is ranked worse than
87.46% of 1284 companies
in the Vehicles & Parts industry
Industry Median: 7.86 vs HKSE:00970: -10.24

New Sparkle Roll International Group  (HKSE:00970) 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.


New Sparkle Roll International Group Return-on-Tangible-Equity Related Terms


New Sparkle Roll International Group Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for New Sparkle Roll International 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.

New Sparkle Roll International Group Return-on-Tangible-Equity Chart

New Sparkle Roll International Group Annual Data
Trend Mar17 Mar18 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 -2.85 -39.86 -63.13 -10.35

New Sparkle Roll International Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 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 -75.29 -95.62 -32.82 -10.30 -10.07

HKSE:00970 vs CVNA, PAG, KMX: Return-on-Tangible-Equity Comparison

For the Auto & Truck Dealerships subindustry, New Sparkle Roll International 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.


New Sparkle Roll International Group Return-on-Tangible-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, New Sparkle Roll International Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where New Sparkle Roll International Group's Return-on-Tangible-Equity falls into.


HKSE:00970
37GF Score
New Sparkle Roll International Group Ltd HKSE:00970
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Sparkle Roll International Group Return-on-Tangible-Equity Calculation

New Sparkle Roll International Group'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 )
=-91.71/( (906.29+866.216 )/ 2 )
=-91.71/886.253
=-10.35 %

New Sparkle Roll International Group'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 )
=-89.656/( (914.384+866.216)/ 2 )
=-89.656/890.3
=-10.07 %

* 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 -10.07% mean?
New Sparkle Roll International Group (HKSE:00970) has a Return-on-Tangible-Equity of -10.07% 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 New Sparkle Roll International Group and its competitors. According to the industry distribution chart, New Sparkle Roll International Group ranks #1123 out of 1284 companies in the Vehicles & Parts industry, placing it in the top 87.5%.
Is New Sparkle Roll International Group's Return-on-Tangible-Equity too high?
New Sparkle Roll International Group's current Return-on-Tangible-Equity is -10.07%. Based on the distribution chart, New Sparkle Roll International Group ranks #1123 out of 1284 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, New Sparkle Roll International Group has a GF Score™ of 37/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Sparkle Roll International Group's Return-on-Tangible-Equity compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, New Sparkle Roll International Group ranks #1123 out of 1284 companies for Return-on-Tangible-Equity. This places New Sparkle Roll International Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.86. 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.86, based on 1,284 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 New Sparkle Roll International Group and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Sparkle Roll International Group's current Return-on-Tangible-Equity is -10.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Sparkle Roll International Group stock overvalued right now?
Based on GuruFocus' analysis, New Sparkle Roll International Group (HKSE:00970) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.39, compared to a current price of HK$0.31 — trading 21.8% below its estimated fair value. The current Return-on-Tangible-Equity is -10.07%. New Sparkle Roll International Group's overall GF Score™ is 37/100 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 New Sparkle Roll International Group (HKSE:00970), the current Return-on-Tangible-Equity is -10.07% 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 New Sparkle Roll International Group (HKSE:00970) Overvalued in 2026?

Based on GuruFocus' analysis, New Sparkle Roll International Group stock appears to be undervalued. The current stock price of HK$0.31 is trading 21.8% below its estimated GF Value™ of HK$0.39. GuruFocus considers New Sparkle Roll International Group to be Modestly Undervalued.

Key valuation signals for HKSE:00970:

  • Return-on-Tangible-Equity: -10.07%
  • GF Value™: HK$0.39 vs. price of HK$0.31 (21.8% below fair value)
  • GF Score™: 37/100 with 3 warning signs

No single metric tells the full story. See the HKSE:00970 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Sparkle Roll International Group Business Description

Address 60 Gloucester Road, 23rd Floor, China Huarong Tower, Wanchai, Hong Kong, HKG
New Sparkle Roll International Group Ltd is an investment holding company. The operating segments of the company include Auto dealerships, Non-auto dealerships, Property management and Others. The company generates maximum revenue from the Auto dealership segment, which includes the distribution of branded automobiles, namely Bentley, Lamborghini, and Rolls-Royce, and the provision of related after-sales services. The Non-auto Dealership segment engages in the distribution of branded watches, jewelry, wines, audio equipment, menswear apparel, smokers' accessories, and cigars. The Property Management and Others segment engages in the provision of property management, property rental, money lending, movie development, and investment business.
37GF Score

Get the complete analysis for HKSE:00970

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

HK$0.31
Price
HK$0.39
GF Value