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Zacd GroupHKSE:08313 Return-on-Tangible-Equity is -56.86% as of Dec. 2025. The stock has 4 warning signs investors should review. Among 1,590 Asset Management companies, Zacd Group ranks worse than 93.9% 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. Zacd Group's annualized net income for the quarter that ended in Dec. 2025 was HK$-58.44 Mil. Zacd Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was HK$102.77 Mil. Therefore, Zacd Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -56.86%.
The historical rank and industry rank for Zacd Group's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:08313'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -75.38 Med: 6.16 Max: 36.75
Current: -31.25
During the past 11 years, Zacd Group's highest Return-on-Tangible-Equity was 36.75%. The lowest was -75.38%. And the median was 6.16%.
HKSE:08313's Return-on-Tangible-Equity is ranked worse than 93.9% of 1590
companies
in the Asset Management industry
Industry Median: 7.475
vs HKSE:08313: -31.25
Zacd Group (HKSE:08313) 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.
Zacd Group Return-on-Tangible-Equity Related Terms
Zacd Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Zacd 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.
HKSE:08313 vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Zacd 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.
Zacd Group Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Zacd Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zacd Group'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 -56.86% mean?
Zacd Group (HKSE:08313) has a Return-on-Tangible-Equity of -56.86% 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 Zacd Group and its competitors. According to the industry distribution chart, Zacd Group ranks #1493 out of 1590 companies in the Asset Management industry, placing it in the top 93.9%.
Is Zacd Group's Return-on-Tangible-Equity too high?
Zacd Group's current Return-on-Tangible-Equity is -56.86%. Based on the distribution chart, Zacd Group ranks #1493 out of 1590 companies in the Asset Management industry, which is in the bottom quartile relative to peers.
How does Zacd Group's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Zacd Group ranks #1493 out of 1590 companies for Return-on-Tangible-Equity. This places Zacd Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.48. 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 an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.48, based on 1,590 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 Zacd Group and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zacd Group's current Return-on-Tangible-Equity is -56.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zacd Group stock overvalued right now?
Based on GuruFocus' analysis, Zacd Group (HKSE:08313) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.01, compared to a current price of HK$0.03 — trading 170% above its estimated fair value. The current Return-on-Tangible-Equity is -56.86%. 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 Zacd Group (HKSE:08313), the current Return-on-Tangible-Equity is -56.86% 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.
Zacd Group Ltd is an integrated asset manager in Singapore offering integrated solutions across the real estate value chain in Singapore and the Asia-Pacific region. The company operates in various reportable segments, which are SPV investment management, Fund management, Acquisitions & project management, Project Management & Tenancy Management, and Financial Advisory. The company derives maximum revenue from the Fund management segment, under which the company renders fund management services by establishing and serving as the manager of private real estate funds. The company operates in Singapore, Australia, Malaysia, and the British Virgin Islands, of which Singapore accounts for the majority of its revenue.
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