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Greenland Holdings GroupSHSE:600606 +0.79%44 Return-on-Tangible-Equity is 2.50% as of Mar. 2026, which is 78% below its 10-year median of 11.42. GuruFocus rates SHSE:600606 with a GF Score™ of 44/100 and a GF Value™ of ¥1.06 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,715 Real Estate companies, Greenland Holdings Group ranks worse than 96.97% 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. Greenland Holdings Group's annualized net income for the quarter that ended in Mar. 2026 was ¥817 Mil. Greenland Holdings Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥32,614 Mil. Therefore, Greenland Holdings Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.50%.
The historical rank and industry rank for Greenland Holdings Group's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600606'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -63.9 Med: 11.42 Max: 21.68
Current: -63.54
During the past 13 years, Greenland Holdings Group's highest Return-on-Tangible-Equity was 21.68%. The lowest was -63.90%. And the median was 11.42%.
SHSE:600606's Return-on-Tangible-Equity is ranked worse than 96.97% of 1715
companies
in the Real Estate industry
Industry Median: 4.27
vs SHSE:600606: -63.54
Greenland Holdings Group (SHSE:600606) 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.
Greenland Holdings Group Return-on-Tangible-Equity Related Terms
Greenland Holdings Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Greenland Holdings 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.
Greenland Holdings Group Return-on-Tangible-Equity Chart
SHSE:600606 vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, Greenland Holdings 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.
Greenland Holdings Group Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Greenland Holdings Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Greenland Holdings 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 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 2.50% mean?
Greenland Holdings Group (SHSE:600606) has a Return-on-Tangible-Equity of 2.50% 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 Greenland Holdings Group and its competitors. This is 78% below median its historical median of 11.42. According to the industry distribution chart, Greenland Holdings Group ranks #1663 out of 1715 companies in the Real Estate industry, placing it in the top 97%.
Is Greenland Holdings Group's Return-on-Tangible-Equity too high?
Greenland Holdings Group's current Return-on-Tangible-Equity of 2.50% is 78% below median its 10-year median of 11.42. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Greenland Holdings Group's value of 2.50% is 41.5% below this industry median. Based on the distribution chart, Greenland Holdings Group ranks #1663 out of 1715 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Greenland Holdings Group has a GF Score™ of 44/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Greenland Holdings Group's Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Greenland Holdings Group ranks #1663 out of 1715 companies for Return-on-Tangible-Equity. This places Greenland Holdings Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.27. Greenland Holdings Group's value of 2.50% is 41.5% below this benchmark. While the company's 10-year median is 11.42 vs. the industry median of 4.27, Greenland Holdings Group 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 4.27, 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. Greenland Holdings Group's current Return-on-Tangible-Equity of 2.50% is 41.5% 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 Greenland Holdings Group 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. Greenland Holdings Group's current Return-on-Tangible-Equity is 2.50%, which is 78% below median its own 10-year median of 11.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenland Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, Greenland Holdings Group (SHSE:600606) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥1.06, compared to a current price of ¥1.28 — trading 20.8% above its estimated fair value. The current Return-on-Tangible-Equity is 2.50%, which is 78% below median its 10-year median of 11.42 and 41.5% below the Real Estate industry median of 4.27. Greenland Holdings Group's overall GF Score™ is 44/100 with 5 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 Greenland Holdings Group (SHSE:600606), the current Return-on-Tangible-Equity is 2.50% 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 Greenland Holdings Group (SHSE:600606) Overvalued in 2026?
Based on GuruFocus' analysis, Greenland Holdings Group stock appears to be overvalued.
The current stock price of ¥1.28 is trading 20.8% above its estimated GF Value™ of ¥1.06.
GuruFocus considers Greenland Holdings Group to be Modestly Overvalued.
Key valuation signals for SHSE:600606:
Return-on-Tangible-Equity: 2.50% (78% below median its 10-year median of 11.42)
GF Value™: ¥1.06 vs. price of ¥1.28 (20.8% above fair value)
Industry Position: 41.5% below the Real Estate median (#1663 of 1715)
No single metric tells the full story. See the SHSE:600606 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Greenland Holdings Group Corporation Ltd is a China-based company. The company is principally engaged in the business of industrial investment, real estate development, operation, leasing, replacement, residential and infrastructure construction, hotel management, urban rail transit projects, financial information services, greening projects, technical services in the energy field, property management.
44GF Score
Get the complete analysis for SHSE:600606
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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