The historical rank and industry rank for China Merchants Port Holdings Co's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:00144'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.74 Med: 10.8 Max: 17.01
Current: 7.74
During the past 13 years, China Merchants Port Holdings Co's highest Return-on-Tangible-Equity was 17.01%. The lowest was 7.74%. And the median was 10.80%.
HKSE:00144's Return-on-Tangible-Equity is ranked worse than 58.05% of 932
companies
in the Transportation industry
Industry Median: 9.73
vs HKSE:00144: 7.74
China Merchants Port Holdings Co 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.
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China Merchants Port Holdings Co Return-on-Tangible-Equity Chart
Competitive Comparison of China Merchants Port Holdings Co's Return-on-Tangible-Equity
For the Marine Shipping subindustry, China Merchants Port Holdings Co'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.
China Merchants Port Holdings Co's Return-on-Tangible-Equity Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, China Merchants Port Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where China Merchants Port Holdings Co's Return-on-Tangible-Equity falls into.
China Merchants Port Holdings Co Return-on-Tangible-Equity Calculation
China Merchants Port Holdings Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* 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 two times the semi-annual (Dec. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
China Merchants Port Holdings Co (HKSE:00144) 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.
China Merchants Port Holdings Co Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of China Merchants Port Holdings Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
China Merchants Port Holdings Co (HKSE:00144) Business Description
China Merchants Port Holdings Co Ltd is a port operator. It has a geographically diversified port network stretching across China's coastline, as well as growing exposure in overseas ports. The company also provides bonded logistic park operation, along with property development through its associates and joint-controlled entities. Its operating segment includes Ports operation and Other operations. The company generates maximum revenue from the Ports operation segment.
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