Sunshine Group Development JSC (HSTC:KSF) ROE %: 6.59% (As of Mar. 2026) — 32% Below Median


HSTC:KSF Sunshine Group Development JSC HSTC:KSF
54 GF Score
Price ₫85,200.00
GF Value ₫307,980.70
Valuation Possible Value Trap
! 3 Warning Signs
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What is Sunshine Group Development JSC ROE %?

Sunshine Group Development JSC HSTC:KSF +9.94% 54 ROE % is 6.59% as of Mar. 2026, which is 32% below its 10-year median of 9.63. GuruFocus rates HSTC:KSF with a GF Score™ of 54/100 and a GF Value™ of ₫307,980.70 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,732 Real Estate companies, Sunshine Group Development JSC ranks better than 97.63% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. 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 Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₫17,293,460 Mil. Therefore, Sunshine Group Development JSC's annualized ROE % for the quarter that ended in Mar. 2026 was 6.59%.

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

HSTC:KSF' s ROE % Range Over the Past 10 Years
Min: 3.52   Med: 9.63   Max: 76.73
Current: 75.76

During the past 5 years, Sunshine Group Development JSC's highest ROE % was 76.73%. The lowest was 3.52%. And the median was 9.63%.

HSTC:KSF's ROE % is ranked better than
97.63% of 1732 companies
in the Real Estate industry
Industry Median: 3.97 vs HSTC:KSF: 75.76

Sunshine Group Development JSC  (HSTC:KSF) 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
=1139571.348/17293459.611
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1139571.348 / 3067025.864)*(3067025.864 / 120699577.321)*(120699577.321 / 17293459.611)
=Net Margin %*Asset Turnover*Equity Multiplier
=37.16 %*0.0254*6.9795
=ROA %*Equity Multiplier
=0.94 %*6.9795
=6.59 %

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
=1139571.348/17293459.611
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1139571.348 / 1638444.68) * (1638444.68 / 1378655.46) * (1378655.46 / 3067025.864) * (3067025.864 / 120699577.321) * (120699577.321 / 17293459.611)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6955 * 1.1884 * 44.95 % * 0.0254 * 6.9795
=6.59 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.


Sunshine Group Development JSC ROE % Related Terms


Sunshine Group Development JSC ROE % Historical Data

* Premium members only.

The historical data trend for Sunshine Group Development JSC'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.

Sunshine Group Development JSC ROE % Chart

Sunshine Group Development JSC Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
9.63 9.50 3.52 15.12 76.73

Sunshine Group Development JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 2.53 2.97 64.89 189.00 6.59

Sunshine Group Development JSC ROE % Competitor Comparison

For the Real Estate - Diversified subindustry, Sunshine Group Development JSC'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.


Sunshine Group Development JSC ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunshine Group Development JSC's ROE % distribution charts can be found below:

* The bar in red indicates where Sunshine Group Development JSC's ROE % falls into.


HSTC:KSF
54GF Score
Sunshine Group Development JSC HSTC:KSF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunshine Group Development JSC ROE % Calculation

Sunshine Group Development JSC's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=8502085.783/( (5008969.793+17151013.192)/ 2 )
=8502085.783/11079991.4925
=76.73 %

Sunshine Group Development JSC's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1139571.348/( (17151013.192+17435906.03)/ 2 )
=1139571.348/17293459.611
=6.59 %

* 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 four times the quarterly (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 6.59% mean?
Sunshine Group Development JSC (HSTC:KSF) has a ROE % of 6.59% 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 Sunshine Group Development JSC and its competitors. This is 32% below median its historical median of 9.63. Over the past decade, Sunshine Group Development JSC's ROE % has ranged from 3.52 to 76.73. According to the industry distribution chart, Sunshine Group Development JSC ranks #41 out of 1732 companies in the Real Estate industry, placing it in the top 2.4%.
Is Sunshine Group Development JSC's ROE % too high?
Sunshine Group Development JSC's current ROE % of 6.59% is 32% below median its 10-year median of 9.63. Over the past 10 years, this metric has ranged from a low of 3.52 to a high of 76.73. The Real Estate industry median ROE % is 3.97. Sunshine Group Development JSC's value of 6.59% is 66% above this industry median. Based on the distribution chart, Sunshine Group Development JSC ranks #41 out of 1732 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 ROE % compare to competitors?
According to the Real Estate industry distribution chart, Sunshine Group Development JSC ranks #41 out of 1732 companies for ROE %. This places Sunshine Group Development JSC in the top 2% of its industry — outperforming the majority of peers. The industry median ROE % is 3.97. Sunshine Group Development JSC's value of 6.59% is 66% above this benchmark. Historically, Sunshine Group Development JSC's own ROE % has ranged from 3.52 to 76.73 over the past decade. While the company's 10-year median is 9.63 vs. the industry median of 3.97, 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 ROE % for a Real Estate company?
The median ROE % among Real Estate companies is 3.97, based on 1,732 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. Sunshine Group Development JSC's current ROE % of 6.59% is 66% 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 Sunshine Group Development JSC and its competitors. For the Real Estate industry, the median ROE % is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunshine Group Development JSC's current ROE % is 6.59%, which is 32% below median its own 10-year median of 9.63. 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 ₫307,980.70, compared to a current price of ₫85,200.00 — trading 72.3% below its estimated fair value. The current ROE % is 6.59%, which is 32% below median its 10-year median of 9.63 and 66% above the Real Estate industry median of 3.97. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Sunshine Group Development JSC (HSTC:KSF), the current ROE % is 6.59% 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 ₫85,200.00 is trading 72.3% below its estimated GF Value™ of ₫307,980.70. GuruFocus considers Sunshine Group Development JSC to be Possible Value Trap.

Key valuation signals for HSTC:KSF:

  • ROE %: 6.59% (32% below median its 10-year median of 9.63)
  • GF Value™: ₫307,980.70 vs. price of ₫85,200.00 (72.3% below fair value)
  • GF Score™: 54/100 with 3 warning signs
  • Industry Position: 66% above the Real Estate median (#41 of 1732)

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

Address 12th Floor, Sunshine Center Building, 16 Pham Hung, My Dinh 2 Ward, Nam Tu Liem District, Hanoi, VNM
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

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

₫85,200.00
Price
₫307,980.70
GF Value