DL Holdings Group (HKSE:01709) ROE %: 14.96% (As of Mar. 2026) — 27% Below Median

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HKSE:01709 DL Holdings Group Ltd HKSE:01709
52 GF Score
Price HK$1.03
GF Value HK$5.39
Valuation Possible Value Trap
! 5 Warning Signs
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What is DL Holdings Group ROE %?

DL Holdings Group HKSE:01709 +3.00% 52 ROE % is 14.96% as of Mar. 2026, which is 27% below its 10-year median of 20.52. GuruFocus rates HKSE:01709 with a GF Score™ of 52/100 and a GF Value™ of HK$5.39 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 474 Diversified Financial Services companies, DL Holdings Group ranks better than 94.94% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. DL Holdings Group's annualized net income for the quarter that ended in Mar. 2026 was HK$325.4 Mil. DL Holdings Group's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was HK$2,175.6 Mil. Therefore, DL Holdings Group's annualized ROE % for the quarter that ended in Mar. 2026 was 14.96%.

The historical rank and industry rank for DL Holdings Group's ROE % or its related term are showing as below:

HKSE:01709' s ROE % Range Over the Past 10 Years
Min: -30.62   Med: 20.52   Max: 60.34
Current: 20.68

During the past 12 years, DL Holdings Group's highest ROE % was 60.34%. The lowest was -30.62%. And the median was 20.52%.

HKSE:01709's ROE % is ranked better than
94.94% of 474 companies
in the Diversified Financial Services industry
Industry Median: 1.65 vs HKSE:01709: 20.68

DL Holdings Group  (HKSE:01709) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=325.362/2175.582
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(325.362 / 410.462)*(410.462 / 2741.258)*(2741.258 / 2175.582)
=Net Margin %*Asset Turnover*Equity Multiplier
=79.27 %*0.1497*1.26
=ROA %*Equity Multiplier
=11.87 %*1.26
=14.96 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=325.362/2175.582
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (325.362 / 334.938) * (334.938 / -65.52) * (-65.52 / 410.462) * (410.462 / 2741.258) * (2741.258 / 2175.582)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9714 * -5.112 * -15.96 % * 0.1497 * 1.26
=14.96 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


DL Holdings Group ROE % Related Terms


DL Holdings Group ROE % Historical Data

* Premium members only.

The historical data trend for DL Holdings Group's ROE % 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.

DL Holdings Group ROE % Chart

DL Holdings Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.38 -10.22 20.88 19.02 20.15

DL Holdings Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.18 2.49 31.43 31.06 14.96

HKSE:01709 vs FRHC, VOYA: ROE % Comparison

For the Financial Conglomerates subindustry, DL Holdings Group's ROE %, along with its competitors' market caps and ROE % 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.


DL Holdings Group ROE % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, DL Holdings Group's ROE % distribution charts can be found below:

* The bar in red indicates where DL Holdings Group's ROE % falls into.


HKSE:01709
52GF Score
DL Holdings Group Ltd HKSE:01709
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DL Holdings Group ROE % Calculation

DL Holdings Group's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=363.136/( (917.636+2687.04)/ 2 )
=363.136/1802.338
=20.15 %

DL Holdings Group's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=325.362/( (1664.124+2687.04)/ 2 )
=325.362/2175.582
=14.96 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 14.96% mean?
DL Holdings Group (HKSE:01709) has a ROE % of 14.96% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on DL Holdings Group and its competitors. This is 27% below median its historical median of 20.52. According to the industry distribution chart, DL Holdings Group ranks #24 out of 474 companies in the Diversified Financial Services industry, placing it in the top 5.1%.
Is DL Holdings Group's ROE % too high?
DL Holdings Group's current ROE % of 14.96% is 27% below median its 10-year median of 20.52. The Diversified Financial Services industry median ROE % is 1.65. DL Holdings Group's value of 14.96% is 806.7% above this industry median. Based on the distribution chart, DL Holdings Group ranks #24 out of 474 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, DL Holdings Group has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DL Holdings Group's ROE % compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, DL Holdings Group ranks #24 out of 474 companies for ROE %. This places DL Holdings Group in the top 5% of its industry — outperforming the majority of peers. The industry median ROE % is 1.65. DL Holdings Group's value of 14.96% is 806.7% above this benchmark. While the company's 10-year median is 20.52 vs. the industry median of 1.65, DL Holdings Group 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 ROE % for a Diversified Financial Services company?
The median ROE % among Diversified Financial Services companies is 1.65, based on 474 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DL Holdings Group's current ROE % of 14.96% is 806.7% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on DL Holdings Group and its competitors. For the Diversified Financial Services industry, the median ROE % is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DL Holdings Group's current ROE % is 14.96%, which is 27% below median its own 10-year median of 20.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DL Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, DL Holdings Group (HKSE:01709) is currently considered Possible Value Trap. The stock's GF Value™ is HK$5.39, compared to a current price of HK$1.03 — trading 80.9% below its estimated fair value. The current ROE % is 14.96%, which is 27% below median its 10-year median of 20.52 and 806.7% above the Diversified Financial Services industry median of 1.65. DL Holdings Group's overall GF Score™ is 52/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For DL Holdings Group (HKSE:01709), the current ROE % is 14.96% 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 DL Holdings Group (HKSE:01709) Overvalued in 2026?

Based on GuruFocus' analysis, DL Holdings Group stock appears to be undervalued. The current stock price of HK$1.03 is trading 80.9% below its estimated GF Value™ of HK$5.39. GuruFocus considers DL Holdings Group to be Possible Value Trap.

Key valuation signals for HKSE:01709:

  • ROE %: 14.96% (27% below median its 10-year median of 20.52)
  • GF Value™: HK$5.39 vs. price of HK$1.03 (80.9% below fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 806.7% above the Diversified Financial Services median (#24 of 474)

No single metric tells the full story. See the HKSE:01709 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DL Holdings Group Business Description

Address 28 Heung Yip Road, Room 2902, 29th Floor, Vertical Square, Wong Chuk Hang, Hong Kong, HKG
DL Holdings Group Ltd is an investment holding company. It operates in given segments that include Sales of apparel products, Financial services of the licensed business, Family office services business, Money lending services and Enterprise solutions services, Sales of apparel products. The company generates the majority of its revenue from Financial services which include the provision of financial advisory services; securities research services; securities trading and brokerage services; margin financing services; referral services; and investment management and advisory services to the customers.
52GF Score

Get the complete analysis for HKSE:01709

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$1.03
Price
HK$5.39
GF Value