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.
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. Debao Property Development's annualized net income for the quarter that ended in Mar. 2026 was S$-14.12 Mil. Debao Property Development's average shareholder tangible equity for the quarter that ended in Mar. 2026 was S$25.51 Mil. Therefore, Debao Property Development's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -55.33%.
The historical rank and industry rank for Debao Property Development's Return-on-Tangible-Equity or its related term are showing as below:
SGX:BTF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -50.47 Med: -14.26 Max: 8.94
Current: -50.47
During the past 13 years, Debao Property Development's highest Return-on-Tangible-Equity was 8.94%. The lowest was -50.47%. And the median was -14.26%.
SGX:BTF's Return-on-Tangible-Equity is not ranked
in the Real Estate industry.
Industry Median: 4.27
vs SGX:BTF: -50.47
Debao Property Development (SGX:BTF) 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.
Debao Property Development Return-on-Tangible-Equity Related Terms
Debao Property Development 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.
Debao Property Development Return-on-Tangible-Equity Chart
SGX:BTF vs HHC: Return-on-Tangible-Equity Comparison
For the Real Estate - Diversified subindustry, Debao Property Development'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.
Debao Property Development Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Debao Property Development's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Debao Property Development'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 -55.33% mean?
Debao Property Development (SGX:BTF) has a Return-on-Tangible-Equity of -55.33% 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 Debao Property Development and its competitors.
Is Debao Property Development's Return-on-Tangible-Equity too high?
Debao Property Development's current Return-on-Tangible-Equity is -55.33%.
How does Debao Property Development's Return-on-Tangible-Equity compare to HHC?
Debao Property Development's Return-on-Tangible-Equity of -55.33% can be compared against companies in the Real Estate industry. The industry median Return-on-Tangible-Equity is 4.27. 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 1,713 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 Debao Property Development 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. Debao Property Development's current Return-on-Tangible-Equity is -55.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Debao Property Development stock overvalued right now?
Debao Property Development (SGX:BTF) has a current Return-on-Tangible-Equity of -55.33%. The stock's GF Value™ is S$0.11, compared to a current price of S$0.13 — trading 16.4% above its estimated fair value. The current Return-on-Tangible-Equity is -55.33%. 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 Debao Property Development (SGX:BTF), the current Return-on-Tangible-Equity is -55.33% 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.
Debao Property Development Ltd is an integrated property developer specialising in the building of quality integrated residential properties and commercial properties in the PRC. The company has developed quality integrated residential and commercial property developments within Foshan City, Guangdong Province, which are mainly large-scale and multi-phased projects.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SGX:BTF has been successfully added to your 
