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Grandshores Technology GroupHKSE:01647 +6.45% Return-on-Tangible-Equity is -5.42% as of Mar. 2026. The stock has 3 warning signs investors should review. Among 1,710 Construction companies, Grandshores Technology Group ranks worse than 82.75% 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. Grandshores Technology Group's annualized net income for the quarter that ended in Mar. 2026 was HK$-18.7 Mil. Grandshores Technology Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$345.3 Mil. Therefore, Grandshores Technology Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -5.42%.
The historical rank and industry rank for Grandshores Technology Group's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:01647'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.85 Med: 1.1 Max: 16.33
Current: -4.98
During the past 13 years, Grandshores Technology Group's highest Return-on-Tangible-Equity was 16.33%. The lowest was -10.85%. And the median was 1.10%.
HKSE:01647's Return-on-Tangible-Equity is ranked worse than 82.75% of 1710
companies
in the Construction industry
Industry Median: 8.195
vs HKSE:01647: -4.98
Grandshores Technology Group (HKSE:01647) 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.
Grandshores Technology Group Return-on-Tangible-Equity Related Terms
Grandshores Technology Group 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.
Grandshores Technology Group Return-on-Tangible-Equity Chart
HKSE:01647 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Grandshores Technology 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.
Grandshores Technology Group Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Grandshores Technology Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Grandshores Technology Group'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 -5.42% mean?
Grandshores Technology Group (HKSE:01647) has a Return-on-Tangible-Equity of -5.42% 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 Grandshores Technology Group and its competitors. According to the industry distribution chart, Grandshores Technology Group ranks #1415 out of 1710 companies in the Construction industry, placing it in the top 82.7%.
Is Grandshores Technology Group's Return-on-Tangible-Equity too high?
Grandshores Technology Group's current Return-on-Tangible-Equity is -5.42%. Based on the distribution chart, Grandshores Technology Group ranks #1415 out of 1710 companies in the Construction industry, which is in the bottom quartile relative to peers.
How does Grandshores Technology Group's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Grandshores Technology Group ranks #1415 out of 1710 companies for Return-on-Tangible-Equity. This places Grandshores Technology Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.20. 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.20, based on 1,710 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 Grandshores Technology Group and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grandshores Technology Group's current Return-on-Tangible-Equity is -5.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grandshores Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Grandshores Technology Group (HKSE:01647) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.07 — trading 17.5% below its estimated fair value. The current Return-on-Tangible-Equity is -5.42%. 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 Grandshores Technology Group (HKSE:01647), the current Return-on-Tangible-Equity is -5.42% 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.
Grandshores Technology Group Ltd is an investment holding company. Along with its subsidiaries, the company provides integrated building services, with a focus on maintenance and/or installations of mechanical and electrical systems including minor repairs and improvement works, and undertaking building and construction works in Singapore. The group's operating segments are Integrated Building Services; Building Construction Works and Information Technology Development and Application, of which the majority of its revenue source is from the Integrated Building Services segment. It has a business presence in Singapore which derives maximum revenue for the company, Hong Kong, and PRC.
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