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Kaisa Prosperity Holdings (HKSE:02168) Return-on-Tangible-Equity : 12.52% (As of Jun. 2024)


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What is Kaisa Prosperity Holdings Return-on-Tangible-Equity?

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. Kaisa Prosperity Holdings's annualized net income for the quarter that ended in Jun. 2024 was HK$95 Mil. Kaisa Prosperity Holdings's average shareholder tangible equity for the quarter that ended in Jun. 2024 was HK$763 Mil. Therefore, Kaisa Prosperity Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was 12.52%.

The historical rank and industry rank for Kaisa Prosperity Holdings's Return-on-Tangible-Equity or its related term are showing as below:

HKSE:02168' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -48.7   Med: 25.95   Max: 33.05
Current: -37.51

During the past 9 years, Kaisa Prosperity Holdings's highest Return-on-Tangible-Equity was 33.05%. The lowest was -48.70%. And the median was 25.95%.

HKSE:02168's Return-on-Tangible-Equity is ranked worse than
92.93% of 1769 companies
in the Real Estate industry
Industry Median: 3.03 vs HKSE:02168: -37.51

Kaisa Prosperity Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Kaisa Prosperity Holdings'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.

* Premium members only.

Kaisa Prosperity Holdings Return-on-Tangible-Equity Chart

Kaisa Prosperity Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 30.03 25.95 5.26 8.19 -48.70

Kaisa Prosperity Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Return-on-Tangible-Equity 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 8.97 7.79 -18.35 -80.76 12.52

Competitive Comparison of Kaisa Prosperity Holdings's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Kaisa Prosperity Holdings'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.


Kaisa Prosperity Holdings's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kaisa Prosperity Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Kaisa Prosperity Holdings's Return-on-Tangible-Equity falls into.



Kaisa Prosperity Holdings Return-on-Tangible-Equity Calculation

Kaisa Prosperity Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-492.183/( (1275.14+746.094 )/ 2 )
=-492.183/1010.617
=-48.70 %

Kaisa Prosperity Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=95.48/( (746.094+779.038)/ 2 )
=95.48/762.566
=12.52 %

* 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 (Jun. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Kaisa Prosperity Holdings  (HKSE:02168) 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.


Kaisa Prosperity Holdings Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Kaisa Prosperity Holdings's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Kaisa Prosperity Holdings Business Description

Traded in Other Exchanges
N/A
Address
66 Nanyuan Road, Room 507, Block A, Kaisa Center, Futian District, Shenzhen, CHN, 518002
Kaisa Prosperity Holdings Ltd is an investment holding company. It is engaged in four operating business segments namely, property management services, predelivery and consulting services, community value-added services and smart solution services, form an integrated service spectrum encompassing the upstream and downstream segments and covering the entire value chain of property management. Its revenue mainly comprises of proceeds from provision of property management services, pre-delivery and consulting services, community value-added services and smart solution services.
Executives
China Shandong Hi-speed Capital Limited 2201 Interest of corporation controlled by you
China Shandong Hi-speed Financial Group Limited 2201 Interest of corporation controlled by you
Paramount Access Investments Limited 2201 Interest of corporation controlled by you
Safe Castle Limited 2106 Person having a security interest in shares
Ye Chang Investment Company Limited 2101 Beneficial owner
Kaisa Group Holdings Ltd. 2201 Interest of corporation controlled by you

Kaisa Prosperity Holdings Headlines

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