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.
HKSE:02270's Return-on-Tangible-Equity is ranked better than 78.04% of 1717
companies
in the Real Estate industry
Industry Median: 4.41
vs HKSE:02270: 12.29
Desun Real Estate Investment Services Group Co (HKSE:02270) 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.
Desun Real Estate Investment Services Group Co Return-on-Tangible-Equity Related Terms
Desun Real Estate Investment Services Group Co 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.
Desun Real Estate Investment Services Group Co Return-on-Tangible-Equity Chart
Desun Real Estate Investment Services Group Co Annual Data
HKSE:02270 vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, Desun Real Estate Investment Services Group Co'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.
Desun Real Estate Investment Services Group Co Return-on-Tangible-Equity vs Real Estate Industry
* 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 11.73% mean?
Desun Real Estate Investment Services Group Co (HKSE:02270) has a Return-on-Tangible-Equity of 11.73% 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 Desun Real Estate Investment Services Group Co and its competitors. This is 36% below median its historical median of 18.23. Over the past decade, Desun Real Estate Investment Services Group Co's Return-on-Tangible-Equity has ranged from 12.29 to 87.01. According to the industry distribution chart, Desun Real Estate Investment Services Group Co ranks #377 out of 1717 companies in the Real Estate industry, placing it in the top 22%.
Is Desun Real Estate Investment Services Group Co's Return-on-Tangible-Equity too high?
Desun Real Estate Investment Services Group Co's current Return-on-Tangible-Equity of 11.73% is 36% below median its 10-year median of 18.23. Over the past 10 years, this metric has ranged from a low of 12.29 to a high of 87.01. The Real Estate industry median Return-on-Tangible-Equity is 4.41. Desun Real Estate Investment Services Group Co's value of 11.73% is 166% above this industry median. Based on the distribution chart, Desun Real Estate Investment Services Group Co ranks #377 out of 1717 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Desun Real Estate Investment Services Group Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Desun Real Estate Investment Services Group Co's Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Desun Real Estate Investment Services Group Co ranks #377 out of 1717 companies for Return-on-Tangible-Equity. This places Desun Real Estate Investment Services Group Co in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.41. Desun Real Estate Investment Services Group Co's value of 11.73% is 166% above this benchmark. Historically, Desun Real Estate Investment Services Group Co's own Return-on-Tangible-Equity has ranged from 12.29 to 87.01 over the past decade. While the company's 10-year median is 18.23 vs. the industry median of 4.41, Desun Real Estate Investment Services Group Co has consistently been above 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.41, based on 1,717 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. Desun Real Estate Investment Services Group Co's current Return-on-Tangible-Equity of 11.73% is 166% above 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 Desun Real Estate Investment Services Group Co and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Desun Real Estate Investment Services Group Co's current Return-on-Tangible-Equity is 11.73%, which is 36% below median its own 10-year median of 18.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desun Real Estate Investment Services Group Co stock overvalued right now?
Based on GuruFocus' analysis, Desun Real Estate Investment Services Group Co (HKSE:02270) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$2.23, compared to a current price of HK$7.10 — trading 218.4% above its estimated fair value. The current Return-on-Tangible-Equity is 11.73%, which is 36% below median its 10-year median of 18.23 and 166% above the Real Estate industry median of 4.41. Desun Real Estate Investment Services Group Co's overall GF Score™ is 78/100 with 10 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 Desun Real Estate Investment Services Group Co (HKSE:02270), the current Return-on-Tangible-Equity is 11.73% 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 Desun Real Estate Investment Services Group Co (HKSE:02270) Overvalued in 2026?
Based on GuruFocus' analysis, Desun Real Estate Investment Services Group Co stock appears to be overvalued.
The current stock price of HK$7.10 is trading 218.4% above its estimated GF Value™ of HK$2.23.
GuruFocus considers Desun Real Estate Investment Services Group Co to be Significantly Overvalued.
Key valuation signals for HKSE:02270:
Return-on-Tangible-Equity: 11.73% (36% below median its 10-year median of 18.23)
GF Value™: HK$2.23 vs. price of HK$7.10 (218.4% above fair value)
Industry Position: 166% above the Real Estate median (#377 of 1717)
No single metric tells the full story. See the HKSE:02270 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Desun Real Estate Investment Services Group Co Ltd is principally engaged in the provision of property management services and value-added services to property and non-property owners in China. The company's three business segments include property services, asset operation services, and investment and development. The Property Services has the majority of revenue. The majority of the company's revenue is generated in the PRC region.
78GF Score
Get the complete analysis for HKSE:02270
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:02270 has been successfully added to your 
