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Guotai Haitong Securities CoHKSE:02611 +1.00%60 Return-on-Tangible-Equity is 16.10% as of Jun. 2026, which is 98% above its 10-year median of 8.13. GuruFocus rates HKSE:02611 with a GF Score™ of 60/100 and a GF Value™ of HK$18.73 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 778 Capital Markets companies, Guotai Haitong Securities Co ranks better than 58.61% 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. Guotai Haitong Securities Co's annualized net income for the quarter that ended in Jun. 2026 was HK$64,180 Mil. Guotai Haitong Securities Co's average shareholder tangible equity for the quarter that ended in Jun. 2026 was HK$398,725 Mil. Therefore, Guotai Haitong Securities Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 16.10%.
The historical rank and industry rank for Guotai Haitong Securities Co's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:02611'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.58 Med: 8.13 Max: 11.39
Current: 9.8
During the past 13 years, Guotai Haitong Securities Co's highest Return-on-Tangible-Equity was 11.39%. The lowest was 5.58%. And the median was 8.13%.
HKSE:02611's Return-on-Tangible-Equity is ranked better than 58.61% of 778
companies
in the Capital Markets industry
Industry Median: 6.7
vs HKSE:02611: 9.80
Guotai Haitong Securities Co (HKSE:02611) 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.
Guotai Haitong Securities Co Return-on-Tangible-Equity Related Terms
Guotai Haitong Securities 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.
Guotai Haitong Securities Co Return-on-Tangible-Equity Chart
HKSE:02611 vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Guotai Haitong Securities 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.
Guotai Haitong Securities Co Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Guotai Haitong Securities Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Guotai Haitong Securities Co'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 four times the quarterly (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 16.10% mean?
Guotai Haitong Securities Co (HKSE:02611) has a Return-on-Tangible-Equity of 16.10% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Guotai Haitong Securities Co and its competitors. This is 98% above median its historical median of 8.13. Over the past decade, Guotai Haitong Securities Co's Return-on-Tangible-Equity has ranged from 5.58 to 11.39. According to the industry distribution chart, Guotai Haitong Securities Co ranks #322 out of 778 companies in the Capital Markets industry, placing it in the top 41.4%.
Is Guotai Haitong Securities Co's Return-on-Tangible-Equity too high?
Guotai Haitong Securities Co's current Return-on-Tangible-Equity of 16.10% is 98% above median its 10-year median of 8.13. Over the past 10 years, this metric has ranged from a low of 5.58 to a high of 11.39. The Capital Markets industry median Return-on-Tangible-Equity is 6.70. Guotai Haitong Securities Co's value of 16.10% is 140.3% above this industry median. Based on the distribution chart, Guotai Haitong Securities Co ranks #322 out of 778 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Guotai Haitong Securities Co has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guotai Haitong Securities Co's Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Guotai Haitong Securities Co ranks #322 out of 778 companies for Return-on-Tangible-Equity. This puts Guotai Haitong Securities Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.70. Guotai Haitong Securities Co's value of 16.10% is 140.3% above this benchmark. Historically, Guotai Haitong Securities Co's own Return-on-Tangible-Equity has ranged from 5.58 to 11.39 over the past decade. While the company's 10-year median is 8.13 vs. the industry median of 6.70, Guotai Haitong Securities 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.70, based on 778 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. Guotai Haitong Securities Co's current Return-on-Tangible-Equity of 16.10% is 140.3% 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 Guotai Haitong Securities Co and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guotai Haitong Securities Co's current Return-on-Tangible-Equity is 16.10%, which is 98% above median its own 10-year median of 8.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guotai Haitong Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Guotai Haitong Securities Co (HKSE:02611) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$18.73, compared to a current price of HK$15.18 — trading 19% below its estimated fair value. The current Return-on-Tangible-Equity is 16.10%, which is 98% above median its 10-year median of 8.13 and 140.3% above the Capital Markets industry median of 6.70. Guotai Haitong Securities Co's overall GF Score™ is 60/100 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 Guotai Haitong Securities Co (HKSE:02611), the current Return-on-Tangible-Equity is 16.10% as of Jun. 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 Guotai Haitong Securities Co (HKSE:02611) Overvalued in 2026?
Based on GuruFocus' analysis, Guotai Haitong Securities Co stock appears to be undervalued.
The current stock price of HK$15.18 is trading 19% below its estimated GF Value™ of HK$18.73.
GuruFocus considers Guotai Haitong Securities Co to be Modestly Undervalued.
Key valuation signals for HKSE:02611:
Return-on-Tangible-Equity: 16.10% (98% above median its 10-year median of 8.13)
GF Value™: HK$18.73 vs. price of HK$15.18 (19% below fair value)
Industry Position: 140.3% above the Capital Markets median (#322 of 778)
No single metric tells the full story. See the HKSE:02611 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guotai Haitong Securities Co Ltd provides financial services across wealth management, investment banking, institutional trading, investment management, and finance lease segments. Its wealth management business offers brokerage, advisory, margin financing, and securities lending services, while investment banking includes underwriting and M&A advisory. The institutional trading segment, the highest revenue contributor, covers institutional services, trading, and investment activities across multiple asset classes. The Group also provides asset and fund management and finance leasing solutions. It generates revenue mainly from fees, commissions, interest income, and investment gains. The company generates the majority of its revenue from Mainland China.
60GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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