Gilston Group (HKSE:02011) Return-on-Tangible-Equity: -2.39% (As of Dec. 2025)

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HKSE:02011 Gilston Group Ltd HKSE:02011
70 GF Score
Price HK$1.35
GF Value HK$1.94
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Gilston Group Return-on-Tangible-Equity?

Gilston Group HKSE:02011 70 Return-on-Tangible-Equity is -2.39% as of Dec. 2025. GuruFocus rates HKSE:02011 with a GF Score™ of 70/100 and a GF Value™ of HK$1.94 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,017 Manufacturing - Apparel & Accessories companies, Gilston Group ranks better than 74.63% 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. Gilston Group's annualized net income for the quarter that ended in Dec. 2025 was HK$-5.1 Mil. Gilston Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was HK$213.9 Mil. Therefore, Gilston Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -2.39%.

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

HKSE:02011' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -45.07   Med: -11.75   Max: 21.32
Current: 11.75

During the past 13 years, Gilston Group's highest Return-on-Tangible-Equity was 21.32%. The lowest was -45.07%. And the median was -11.75%.

HKSE:02011's Return-on-Tangible-Equity is ranked better than
74.63% of 1017 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43 vs HKSE:02011: 11.75

Gilston Group  (HKSE:02011) 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.


Gilston Group Return-on-Tangible-Equity Related Terms


Gilston Group Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Gilston 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.

Gilston Group Return-on-Tangible-Equity Chart

Gilston Group 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 -11.95 -1.16 -45.07 21.32 12.06

Gilston Group Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only -96.21 15.48 25.41 26.81 -2.39

HKSE:02011 vs RL, LEVI, VFC: Return-on-Tangible-Equity Comparison

For the Apparel Manufacturing subindustry, Gilston 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.


Gilston Group Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gilston Group's Return-on-Tangible-Equity distribution charts can be found below:

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


HKSE:02011
70GF Score
Gilston Group Ltd HKSE:02011
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gilston Group Return-on-Tangible-Equity Calculation

Gilston Group'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 )
=23.814/( (180.186+214.622 )/ 2 )
=23.814/197.404
=12.06 %

Gilston Group'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 )
=-5.116/( (213.26+214.622)/ 2 )
=-5.116/213.941
=-2.39 %

* 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 -2.39% mean?
Gilston Group (HKSE:02011) has a Return-on-Tangible-Equity of -2.39% 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 Gilston Group and its competitors. According to the industry distribution chart, Gilston Group ranks #258 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 25.4%.
Is Gilston Group's Return-on-Tangible-Equity too high?
Gilston Group's current Return-on-Tangible-Equity is -2.39%. Based on the distribution chart, Gilston Group ranks #258 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Gilston Group has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gilston Group's Return-on-Tangible-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gilston Group ranks #258 out of 1017 companies for Return-on-Tangible-Equity. This puts Gilston Group in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.43. 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 4.43, 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 Gilston Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gilston Group's current Return-on-Tangible-Equity is -2.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gilston Group stock overvalued right now?
Based on GuruFocus' analysis, Gilston Group (HKSE:02011) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$1.94, compared to a current price of HK$1.35 — trading 30.4% below its estimated fair value. The current Return-on-Tangible-Equity is -2.39%. Gilston Group's overall GF Score™ is 70/100 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 Gilston Group (HKSE:02011), the current Return-on-Tangible-Equity is -2.39% 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 Gilston Group (HKSE:02011) Overvalued in 2026?

Based on GuruFocus' analysis, Gilston Group stock appears to be undervalued. The current stock price of HK$1.35 is trading 30.4% below its estimated GF Value™ of HK$1.94. GuruFocus considers Gilston Group to be Significantly Undervalued.

Key valuation signals for HKSE:02011:

  • Return-on-Tangible-Equity: -2.39%
  • GF Value™: HK$1.94 vs. price of HK$1.35 (30.4% below fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the HKSE:02011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gilston Group Business Description

Address Nine Queen’s Road Central, Suite 10A and 10B, 15th Floor, Central, Hong Kong, HKG
Gilston Group Ltd specializes in zipper design, development, production and sale. It is providing high-quality zipper products and zipper-based overall solutions for customers. The company operates in two reportable segments: Manufacture and Sales of Zippers, and Property Investment and Provision of Property Management Services. The company generates the majority of its revenue from the Manufacture and Sales of the Zippers segment. Geographically, Mainland China contributes the majority of company's revenue.
70GF Score

Get the complete analysis for HKSE:02011

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

HK$1.35
Price
HK$1.94
GF Value