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Roiserv Lifestyle Services Co (HKSE:02146) Return-on-Tangible-Asset : 1.09% (As of Dec. 2024)


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What is Roiserv Lifestyle Services Co 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. Roiserv Lifestyle Services Co's annualized Net Income for the quarter that ended in Dec. 2024 was HK$49 Mil. Roiserv Lifestyle Services Co's average total tangible assets for the quarter that ended in Dec. 2024 was HK$4,460 Mil. Therefore, Roiserv Lifestyle Services Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 1.09%.

The historical rank and industry rank for Roiserv Lifestyle Services Co's Return-on-Tangible-Asset or its related term are showing as below:

HKSE:02146' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.85   Med: 4.41   Max: 14.82
Current: 2.73

During the past 8 years, Roiserv Lifestyle Services Co's highest Return-on-Tangible-Asset was 14.82%. The lowest was 1.85%. And the median was 4.41%.

HKSE:02146's Return-on-Tangible-Asset is ranked better than
64.02% of 1812 companies
in the Real Estate industry
Industry Median: 1.41 vs HKSE:02146: 2.73

Roiserv Lifestyle Services Co Return-on-Tangible-Asset Historical Data

The historical data trend for Roiserv Lifestyle Services Co'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.

Roiserv Lifestyle Services Co Return-on-Tangible-Asset Chart

Roiserv Lifestyle Services Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial 14.82 14.35 5.92 3.05 2.71

Roiserv Lifestyle Services Co Semi-Annual Data
Dec17 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 2.98 4.94 1.22 4.36 1.09

Competitive Comparison of Roiserv Lifestyle Services Co's Return-on-Tangible-Asset

For the Real Estate Services subindustry, Roiserv Lifestyle Services Co'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.


Roiserv Lifestyle Services Co's Return-on-Tangible-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Roiserv Lifestyle Services Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Roiserv Lifestyle Services Co's Return-on-Tangible-Asset falls into.


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Roiserv Lifestyle Services Co Return-on-Tangible-Asset Calculation

Roiserv Lifestyle Services Co'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 )
=121.516/( (4532.242+4447.91)/ 2 )
=121.516/4490.076
=2.71 %

Roiserv Lifestyle Services Co'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 )
=48.504/( (4472.341+4447.91)/ 2 )
=48.504/4460.1255
=1.09 %

* 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.


Roiserv Lifestyle Services Co  (HKSE:02146) 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.


Roiserv Lifestyle Services Co Return-on-Tangible-Asset Related Terms

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Roiserv Lifestyle Services Co Business Description

Traded in Other Exchanges
N/A
Address
81 Xiangyun Road, Langfang, Economic and Technological Development Area, Rongsheng Development Building, Hebei Province, Langfang, CHN, 065000
Roiserv Lifestyle Services Co Ltd provides property management services. It provides diversified services through three business lines, namely, property management services, value-added services to non-property owners and community value-added services. The Group has a diversified portfolio of properties under management comprising (i) residential properties; and (ii) non-residential properties, including (a) commercial properties, such as shopping malls, office buildings and serviced apartments; and (b) public and other properties, such as industry parks, parks and the Olympic Village.
Executives
Tianjin Damai International Holdings Limited 2101 Beneficial owner
Marvel Access Limited 2101 Beneficial owner
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
Jpmorgan Chase & Co. 2106 Person having a security interest in shares
Cithara Global Multi-strategy Spc-series 12 Sp 2101 Beneficial owner
Cithara Global Multi-strategy Spc – Bosideng Industry Investment Fund Sp
Cithara Investment International Limited 2102 Investment manager

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