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. Sunshine Group Development JSC's annualized net income for the quarter that ended in Mar. 2026 was ₫1,139,571 Mil. Sunshine Group Development JSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₫17,268,426 Mil. Therefore, Sunshine Group Development JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.60%.
The historical rank and industry rank for Sunshine Group Development JSC's Return-on-Tangible-Equity or its related term are showing as below:
HSTC:KSF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.54 Med: 9.68 Max: 76.88
Current: 75.91
During the past 5 years, Sunshine Group Development JSC's highest Return-on-Tangible-Equity was 76.88%. The lowest was 3.54%. And the median was 9.68%.
HSTC:KSF's Return-on-Tangible-Equity is ranked better than 96.79% of 1714
companies
in the Real Estate industry
Industry Median: 4.265
vs HSTC:KSF: 75.91
Sunshine Group Development JSC (HSTC:KSF) 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.
Sunshine Group Development JSC Return-on-Tangible-Equity Related Terms
Sunshine Group Development JSC 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.
Sunshine Group Development JSC Return-on-Tangible-Equity Chart
Sunshine Group Development JSC Return-on-Tangible-Equity Competitor Comparison
For the Real Estate - Diversified subindustry, Sunshine Group Development JSC'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.
Sunshine Group Development JSC Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Sunshine Group Development JSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sunshine Group Development JSC'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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 6.60% mean?
Sunshine Group Development JSC (HSTC:KSF) has a Return-on-Tangible-Equity of 6.60% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Sunshine Group Development JSC and its competitors. This is 32% below median its historical median of 9.68. Over the past decade, Sunshine Group Development JSC's Return-on-Tangible-Equity has ranged from 3.54 to 76.88. According to the industry distribution chart, Sunshine Group Development JSC ranks #55 out of 1714 companies in the Real Estate industry, placing it in the top 3.2%.
Is Sunshine Group Development JSC's Return-on-Tangible-Equity too high?
Sunshine Group Development JSC's current Return-on-Tangible-Equity of 6.60% is 32% below median its 10-year median of 9.68. Over the past 10 years, this metric has ranged from a low of 3.54 to a high of 76.88. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Sunshine Group Development JSC's value of 6.60% is 54.7% above this industry median. Based on the distribution chart, Sunshine Group Development JSC ranks #55 out of 1714 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Sunshine Group Development JSC has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sunshine Group Development JSC's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Sunshine Group Development JSC ranks #55 out of 1714 companies for Return-on-Tangible-Equity. This places Sunshine Group Development JSC in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.27. Sunshine Group Development JSC's value of 6.60% is 54.7% above this benchmark. Historically, Sunshine Group Development JSC's own Return-on-Tangible-Equity has ranged from 3.54 to 76.88 over the past decade. While the company's 10-year median is 9.68 vs. the industry median of 4.27, Sunshine Group Development JSC 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 4.27, based on 1,714 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. Sunshine Group Development JSC's current Return-on-Tangible-Equity of 6.60% is 54.7% 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 Sunshine Group Development JSC and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunshine Group Development JSC's current Return-on-Tangible-Equity is 6.60%, which is 32% below median its own 10-year median of 9.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunshine Group Development JSC stock overvalued right now?
Based on GuruFocus' analysis, Sunshine Group Development JSC (HSTC:KSF) is currently considered Possible Value Trap. The stock's GF Value™ is ₫309,871.50, compared to a current price of ₫77,700.00 — trading 74.9% below its estimated fair value. The current Return-on-Tangible-Equity is 6.60%, which is 32% below median its 10-year median of 9.68 and 54.7% above the Real Estate industry median of 4.27. Sunshine Group Development JSC's overall GF Score™ is 54/100 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 Sunshine Group Development JSC (HSTC:KSF), the current Return-on-Tangible-Equity is 6.60% as of Mar. 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 Sunshine Group Development JSC (HSTC:KSF) Overvalued in 2026?
Based on GuruFocus' analysis, Sunshine Group Development JSC stock appears to be undervalued.
The current stock price of ₫77,700.00 is trading 74.9% below its estimated GF Value™ of ₫309,871.50.
GuruFocus considers Sunshine Group Development JSC to be Possible Value Trap.
Key valuation signals for HSTC:KSF:
Return-on-Tangible-Equity: 6.60% (32% below median its 10-year median of 9.68)
GF Value™: ₫309,871.50 vs. price of ₫77,700.00 (74.9% below fair value)
Industry Position: 54.7% above the Real Estate median (#55 of 1714)
No single metric tells the full story. See the HSTC:KSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sunshine Group Development JSC Business Description
Sunshine Group Development JSC is a multi-industry economic group with key fields: Real Estate - Technology - Construction - Education - Finance - Communication - Trade in services. Its focus resources on developing real estate serving technology, including complexes related to training schools, research and development centers, moving towards urban areas and cities. Multi-functional smart city, combining and meeting all needs for research, education, work, entertainment, relaxation.
54GF Score
Get the complete analysis for HSTC:KSF
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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