GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Overseas Land & Investment Ltd (FRA:CPP) » Definitions » Return-on-Tangible-Asset

China Overseas Land & Investment (FRA:CPP) Return-on-Tangible-Asset : 1.18% (As of Dec. 2024)


View and export this data going back to . Start your Free Trial

What is China Overseas Land & Investment Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. China Overseas Land & Investment's annualized Net Income for the quarter that ended in Dec. 2024 was €1,396 Mil. China Overseas Land & Investment's average total tangible assets for the quarter that ended in Dec. 2024 was €118,012 Mil. Therefore, China Overseas Land & Investment's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 1.18%.

The historical rank and industry rank for China Overseas Land & Investment's Return-on-Tangible-Asset or its related term are showing as below:

FRA:CPP' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.69   Med: 5.97   Max: 7.01
Current: 1.7

During the past 13 years, China Overseas Land & Investment's highest Return-on-Tangible-Asset was 7.01%. The lowest was 1.69%. And the median was 5.97%.

FRA:CPP's Return-on-Tangible-Asset is ranked better than
53.68% of 1807 companies
in the Real Estate industry
Industry Median: 1.41 vs FRA:CPP: 1.70

China Overseas Land & Investment Return-on-Tangible-Asset Historical Data

The historical data trend for China Overseas Land & Investment's Return-on-Tangible-Asset 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.

China Overseas Land & Investment Return-on-Tangible-Asset Chart

China Overseas Land & Investment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.62 4.98 2.58 2.72 1.73

China Overseas Land & Investment Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Return-on-Tangible-Asset 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 1.41 2.87 2.62 2.24 1.18

Competitive Comparison of China Overseas Land & Investment's Return-on-Tangible-Asset

For the Real Estate - Development subindustry, China Overseas Land & Investment's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Overseas Land & Investment's Return-on-Tangible-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Overseas Land & Investment's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where China Overseas Land & Investment's Return-on-Tangible-Asset falls into.


;
;

China Overseas Land & Investment Return-on-Tangible-Asset Calculation

China Overseas Land & Investment's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=2050.909/( (118555.119+119123.673)/ 2 )
=2050.909/118839.396
=1.73 %

China Overseas Land & Investment's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=1396.168/( (116900.136+119123.673)/ 2 )
=1396.168/118011.9045
=1.18 %

* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Dec. 2024) net income data.


China Overseas Land & Investment  (FRA:CPP) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


China Overseas Land & Investment Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of China Overseas Land & Investment's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


China Overseas Land & Investment Business Description

Traded in Other Exchanges
Address
1 Queen's Road East, 10th Floor, Three Pacific Place, Hong Kong, HKG
China Overseas Land & Investment, or COLI, is a large real estate developer in China. Property development accounts for most of the core earnings, with operating scale among the top five of all peers regarding contracted sales. In addition to property development, COLI has actively grown its commercial property portfolio, with a dual focus on offices and shopping malls for recurring income. COLI is a subsidiary of China State Construction Engineering, China's largest construction firm. It also holds about a 40% stake in China Overseas Grand Oceans, a real estate developer focusing on lower-tier cities in China.

China Overseas Land & Investment Headlines