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Everbright Grand China AssetsHKSE:03699 61 Return-on-Tangible-Equity is 1.89% as of Dec. 2025, which is 46% below its 10-year median of 3.53. GuruFocus rates HKSE:03699 with a GF Score™ of 61/100 and a GF Value™ of HK$0.42 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,715 Real Estate companies, Everbright Grand China Assets ranks worse than 61.46% 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. Everbright Grand China Assets's annualized net income for the quarter that ended in Dec. 2025 was HK$20.75 Mil. Everbright Grand China Assets's average shareholder tangible equity for the quarter that ended in Dec. 2025 was HK$1,094.89 Mil. Therefore, Everbright Grand China Assets's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 1.89%.
The historical rank and industry rank for Everbright Grand China Assets's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:03699'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.97 Med: 3.53 Max: 4.51
Current: 1.98
During the past 12 years, Everbright Grand China Assets's highest Return-on-Tangible-Equity was 4.51%. The lowest was 1.97%. And the median was 3.53%.
HKSE:03699's Return-on-Tangible-Equity is ranked worse than 61.46% of 1715
companies
in the Real Estate industry
Industry Median: 4.51
vs HKSE:03699: 1.98
Everbright Grand China Assets (HKSE:03699) 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.
Everbright Grand China Assets Return-on-Tangible-Equity Related Terms
Everbright Grand China Assets 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.
Everbright Grand China Assets Return-on-Tangible-Equity Chart
HKSE:03699 vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, Everbright Grand China Assets'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.
Everbright Grand China Assets Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Everbright Grand China Assets's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Everbright Grand China Assets'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 (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 1.89% mean?
Everbright Grand China Assets (HKSE:03699) has a Return-on-Tangible-Equity of 1.89% 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 Everbright Grand China Assets and its competitors. This is 46% below median its historical median of 3.53. Over the past decade, Everbright Grand China Assets' Return-on-Tangible-Equity has ranged from 1.97 to 4.51. According to the industry distribution chart, Everbright Grand China Assets ranks #1054 out of 1715 companies in the Real Estate industry, placing it in the top 61.5%.
Is Everbright Grand China Assets' Return-on-Tangible-Equity too high?
Everbright Grand China Assets' current Return-on-Tangible-Equity of 1.89% is 46% below median its 10-year median of 3.53. Over the past 10 years, this metric has ranged from a low of 1.97 to a high of 4.51. The Real Estate industry median Return-on-Tangible-Equity is 4.51. Everbright Grand China Assets' value of 1.89% is 58.1% below this industry median. Based on the distribution chart, Everbright Grand China Assets ranks #1054 out of 1715 companies in the Real Estate industry, which is below the industry midpoint. Overall, Everbright Grand China Assets has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Everbright Grand China Assets' Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Everbright Grand China Assets ranks #1054 out of 1715 companies for Return-on-Tangible-Equity. This places Everbright Grand China Assets in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.51. Everbright Grand China Assets' value of 1.89% is 58.1% below this benchmark. Historically, Everbright Grand China Assets' own Return-on-Tangible-Equity has ranged from 1.97 to 4.51 over the past decade. While the company's 10-year median is 3.53 vs. the industry median of 4.51, Everbright Grand China Assets 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.51, based on 1,715 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. Everbright Grand China Assets's current Return-on-Tangible-Equity of 1.89% is 58.1% 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 Everbright Grand China Assets and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Everbright Grand China Assets's current Return-on-Tangible-Equity is 1.89%, which is 46% below median its own 10-year median of 3.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everbright Grand China Assets stock overvalued right now?
Based on GuruFocus' analysis, Everbright Grand China Assets (HKSE:03699) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.42, compared to a current price of HK$0.40 — trading 6% below its estimated fair value. The current Return-on-Tangible-Equity is 1.89%, which is 46% below median its 10-year median of 3.53 and 58.1% below the Real Estate industry median of 4.51. Everbright Grand China Assets' overall GF Score™ is 61/100 with 7 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 Everbright Grand China Assets (HKSE:03699), the current Return-on-Tangible-Equity is 1.89% 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 Everbright Grand China Assets (HKSE:03699) Overvalued in 2026?
Based on GuruFocus' analysis, Everbright Grand China Assets stock appears to be undervalued.
The current stock price of HK$0.40 is trading 6% below its estimated GF Value™ of HK$0.42.
GuruFocus considers Everbright Grand China Assets to be Fairly Valued.
Key valuation signals for HKSE:03699:
Return-on-Tangible-Equity: 1.89% (46% below median its 10-year median of 3.53)
GF Value™: HK$0.42 vs. price of HK$0.40 (6% below fair value)
Industry Position: 58.1% below the Real Estate median (#1054 of 1715)
No single metric tells the full story. See the HKSE:03699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Everbright Grand China Assets Ltd is a property management company engaged in property leasing, provision of property management services, and sales of properties held for sale. The Group's leasing properties are located in Chengdu, Sichuan province, and Kunming, Yunnan province, in the PRC. The Group mainly operates in the Chinese Mainland.
61GF Score
Get the complete analysis for HKSE:03699
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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