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Everbright Grand China Assets (HKSE:03699) 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:
Note:
The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.
Everbright Grand China Assets ROE % Related Terms
Everbright Grand China Assets ROE % 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.
For the Real Estate Services subindustry, Everbright Grand China Assets'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.
Everbright Grand China Assets ROE % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Everbright Grand China Assets's ROE % distribution charts can be found below:
* The bar in red indicates where Everbright Grand China Assets's ROE % 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 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 (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Everbright Grand China Assets (HKSE:03699) has a ROE % of 1.89% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Everbright Grand China Assets and its competitors. This is 46% below median its historical median of 3.53. Over the past decade, Everbright Grand China Assets' ROE % has ranged from 1.97 to 4.51. According to the industry distribution chart, Everbright Grand China Assets ranks #1047 out of 1734 companies in the Real Estate industry, placing it in the top 60.4%.
Is Everbright Grand China Assets' ROE % too high?
Everbright Grand China Assets' current ROE % of 1.89% is 46% below median its 10-year median of 3.53. Over the past 10 years, this metric has ranged from a low of 1.97 to a high of 4.51. The Real Estate industry median ROE % is 4.30. Everbright Grand China Assets' value of 1.89% is 56% below this industry median. Based on the distribution chart, Everbright Grand China Assets ranks #1047 out of 1734 companies in the Real Estate industry, which is below the industry midpoint. Overall, Everbright Grand China Assets has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Everbright Grand China Assets' ROE % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Everbright Grand China Assets ranks #1047 out of 1734 companies for ROE %. This places Everbright Grand China Assets in the lower half of its industry. The industry median ROE % is 4.30. Everbright Grand China Assets' value of 1.89% is 56% below this benchmark. Historically, Everbright Grand China Assets' own ROE % has ranged from 1.97 to 4.51 over the past decade. While the company's 10-year median is 3.53 vs. the industry median of 4.30, Everbright Grand China Assets 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 ROE % for a Real Estate company?
The median ROE % among Real Estate companies is 4.30, based on 1,734 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. Everbright Grand China Assets's current ROE % of 1.89% is 56% 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 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 Everbright Grand China Assets and its competitors. For the Real Estate industry, the median ROE % is 4.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Everbright Grand China Assets's current ROE % is 1.89%, which is 46% below median its own 10-year median of 3.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everbright Grand China Assets stock overvalued right now?
Based on GuruFocus' analysis, Everbright Grand China Assets (HKSE:03699) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.42, compared to a current price of HK$0.40 — trading 6% below its estimated fair value. The current ROE % is 1.89%, which is 46% below median its 10-year median of 3.53 and 56% below the Real Estate industry median of 4.30. Everbright Grand China Assets' overall GF Score™ is 61/100 with 7 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 Everbright Grand China Assets (HKSE:03699), the current ROE % is 1.89% 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.
Is Everbright Grand China Assets (HKSE:03699) Overvalued in 2026?
Based on GuruFocus' analysis, Everbright Grand China Assets stock appears to be undervalued.
The current stock price of HK$0.40 is trading 6% below its estimated GF Value™ of HK$0.42.
GuruFocus considers Everbright Grand China Assets to be Fairly Valued.
Key valuation signals for HKSE:03699:
ROE %: 1.89% (46% below median its 10-year median of 3.53)
GF Value™: HK$0.42 vs. price of HK$0.40 (6% below fair value)
Industry Position: 56% below the Real Estate median (#1047 of 1734)
No single metric tells the full story. See the HKSE:03699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Everbright Grand China Assets Ltd is a property management company engaged in property leasing, provision of property management services, and sales of properties held for sale. The Group's leasing properties are located in Chengdu, Sichuan province, and Kunming, Yunnan province, in the PRC. The Group mainly operates in the Chinese Mainland.
61GF Score
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