Mulsanne Group Holding (HKSE:01817) Return-on-Tangible-Equity: 6.38% (As of Dec. 2025) — 41% Above Median

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HKSE:01817 Mulsanne Group Holding Ltd HKSE:01817
45 GF Score
Price HK$0.29
GF Value HK$0.55
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Mulsanne Group Holding Return-on-Tangible-Equity?

Mulsanne Group Holding HKSE:01817 -1.72% 45 Return-on-Tangible-Equity is 6.38% as of Dec. 2025, which is 41% above its 10-year median of 4.53. GuruFocus rates HKSE:01817 with a GF Score™ of 45/100 and a GF Value™ of HK$0.55 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,058 Retail - Cyclical companies, Mulsanne Group Holding ranks worse than 63.04% 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. Mulsanne Group Holding's annualized net income for the quarter that ended in Dec. 2025 was HK$50 Mil. Mulsanne Group Holding's average shareholder tangible equity for the quarter that ended in Dec. 2025 was HK$788 Mil. Therefore, Mulsanne Group Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 6.38%.

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

HKSE:01817' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -34.44   Med: 4.53   Max: 178.21
Current: 4.52

During the past 10 years, Mulsanne Group Holding's highest Return-on-Tangible-Equity was 178.21%. The lowest was -34.44%. And the median was 4.53%.

HKSE:01817's Return-on-Tangible-Equity is ranked worse than
63.04% of 1058 companies
in the Retail - Cyclical industry
Industry Median: 8.71 vs HKSE:01817: 4.52

Mulsanne Group Holding  (HKSE:01817) 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.


Mulsanne Group Holding Return-on-Tangible-Equity Related Terms


Mulsanne Group Holding Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Mulsanne Group Holding'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.

Mulsanne Group Holding Return-on-Tangible-Equity Chart

Mulsanne Group Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.37 1.77 6.00 4.53 4.53

Mulsanne Group Holding Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.94 2.04 7.08 2.57 6.38

HKSE:01817 vs TJX, ROST, BURL: Return-on-Tangible-Equity Comparison

For the Apparel Retail subindustry, Mulsanne Group Holding'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.


Mulsanne Group Holding Return-on-Tangible-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mulsanne Group Holding's Return-on-Tangible-Equity distribution charts can be found below:

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


HKSE:01817
45GF Score
Mulsanne Group Holding Ltd HKSE:01817
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mulsanne Group Holding Return-on-Tangible-Equity Calculation

Mulsanne Group Holding's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=34.936/( (736.942+805.686 )/ 2 )
=34.936/771.314
=4.53 %

Mulsanne Group Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=50.27/( (769.75+805.686)/ 2 )
=50.27/787.718
=6.38 %

* 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 (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 6.38% mean?
Mulsanne Group Holding (HKSE:01817) has a Return-on-Tangible-Equity of 6.38% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Mulsanne Group Holding and its competitors. This is 41% above median its historical median of 4.53. According to the industry distribution chart, Mulsanne Group Holding ranks #667 out of 1058 companies in the Retail - Cyclical industry, placing it in the top 63%.
Is Mulsanne Group Holding's Return-on-Tangible-Equity too high?
Mulsanne Group Holding's current Return-on-Tangible-Equity of 6.38% is 41% above median its 10-year median of 4.53. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.71. Mulsanne Group Holding's value of 6.38% is 26.8% below this industry median. Based on the distribution chart, Mulsanne Group Holding ranks #667 out of 1058 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Mulsanne Group Holding has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mulsanne Group Holding's Return-on-Tangible-Equity compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Mulsanne Group Holding ranks #667 out of 1058 companies for Return-on-Tangible-Equity. This places Mulsanne Group Holding in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.71. Mulsanne Group Holding's value of 6.38% is 26.8% below this benchmark. While the company's 10-year median is 4.53 vs. the industry median of 8.71, Mulsanne Group Holding has consistently been below the industry average. 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 8.71, based on 1,058 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. Mulsanne Group Holding's current Return-on-Tangible-Equity of 6.38% is 26.8% below 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 Mulsanne Group Holding and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mulsanne Group Holding's current Return-on-Tangible-Equity is 6.38%, which is 41% above median its own 10-year median of 4.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mulsanne Group Holding stock overvalued right now?
Based on GuruFocus' analysis, Mulsanne Group Holding (HKSE:01817) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.55, compared to a current price of HK$0.29 — trading 48.2% below its estimated fair value. The current Return-on-Tangible-Equity is 6.38%, which is 41% above median its 10-year median of 4.53 and 26.8% below the Retail - Cyclical industry median of 8.71. Mulsanne Group Holding's overall GF Score™ is 45/100 with 2 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 Mulsanne Group Holding (HKSE:01817), the current Return-on-Tangible-Equity is 6.38% as of Dec. 2025. 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 Mulsanne Group Holding (HKSE:01817) Overvalued in 2026?

Based on GuruFocus' analysis, Mulsanne Group Holding stock appears to be undervalued. The current stock price of HK$0.29 is trading 48.2% below its estimated GF Value™ of HK$0.55. GuruFocus considers Mulsanne Group Holding to be Possible Value Trap.

Key valuation signals for HKSE:01817:

  • Return-on-Tangible-Equity: 6.38% (41% above median its 10-year median of 4.53)
  • GF Value™: HK$0.55 vs. price of HK$0.29 (48.2% below fair value)
  • GF Score™: 45/100 with 2 warning signs
  • Industry Position: 26.8% below the Retail - Cyclical median (#667 of 1058)

No single metric tells the full story. See the HKSE:01817 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mulsanne Group Holding Business Description

Address No. 628, Jinyuan Road, Yinzhou District, Zhejiang Province, Ningbo, CHN
Mulsanne Group Holding Ltd is an investment holding company. The Company's subsidiaries are engaged in the design, marketing and sale of apparel products. The operating segments of the company are Offline channels; Online channels and Others. The majority of the revenue is generated through Offline channels. The company generates revenue in Chinese mainland.
45GF Score

Get the complete analysis for HKSE:01817

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

HK$0.29
Price
HK$0.55
GF Value