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Asia Pioneer Entertainment HoldingsHKSE:08400 -2.56% Return-on-Tangible-Asset is 33.16% as of Dec. 2025, which is 1270% above its 10-year median of 2.42. Among 855 Travel & Leisure companies, Asia Pioneer Entertainment Holdings ranks better than 93.1% on this metric.
The historical rank and industry rank for Asia Pioneer Entertainment Holdings's Return-on-Tangible-Asset or its related term are showing as below:
HKSE:08400'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -43.07 Med: 2.42 Max: 32.33
Current: 17.42
During the past 11 years, Asia Pioneer Entertainment Holdings's highest Return-on-Tangible-Asset was 32.33%. The lowest was -43.07%. And the median was 2.42%.
HKSE:08400's Return-on-Tangible-Asset is ranked better than 93.1% of 855
companies
in the Travel & Leisure industry
Industry Median: 2.77
vs HKSE:08400: 17.42
Asia Pioneer Entertainment Holdings (HKSE:08400) 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 companys 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 companys 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.
Asia Pioneer Entertainment Holdings Return-on-Tangible-Asset Related Terms
Asia Pioneer Entertainment Holdings Return-on-Tangible-Asset 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.
Asia Pioneer Entertainment Holdings Return-on-Tangible-Asset Chart
HKSE:08400 vs FLUT, DKNG, SGHC: Return-on-Tangible-Asset Comparison
For the Gambling subindustry, Asia Pioneer Entertainment Holdings'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.
Asia Pioneer Entertainment Holdings Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Asia Pioneer Entertainment Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Asia Pioneer Entertainment Holdings's Return-on-Tangible-Asset falls into.
* 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. 2025) net income data.
What does a Return-on-Tangible-Asset of 33.16% mean?
Asia Pioneer Entertainment Holdings (HKSE:08400) has a Return-on-Tangible-Asset of 33.16% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Asia Pioneer Entertainment Holdings and its competitors. This is 1270% above median its historical median of 2.42. According to the industry distribution chart, Asia Pioneer Entertainment Holdings ranks #59 out of 855 companies in the Travel & Leisure industry, placing it in the top 6.9%.
Is Asia Pioneer Entertainment Holdings' Return-on-Tangible-Asset too high?
Asia Pioneer Entertainment Holdings' current Return-on-Tangible-Asset of 33.16% is 1270% above median its 10-year median of 2.42. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.77. Asia Pioneer Entertainment Holdings' value of 33.16% is 1097.1% above this industry median. Based on the distribution chart, Asia Pioneer Entertainment Holdings ranks #59 out of 855 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers.
How does Asia Pioneer Entertainment Holdings' Return-on-Tangible-Asset compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Asia Pioneer Entertainment Holdings ranks #59 out of 855 companies for Return-on-Tangible-Asset. This places Asia Pioneer Entertainment Holdings in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.77. Asia Pioneer Entertainment Holdings' value of 33.16% is 1097.1% above this benchmark. While the company's 10-year median is 2.42 vs. the industry median of 2.77, Asia Pioneer Entertainment Holdings 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 Return-on-Tangible-Asset for a Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.77, based on 855 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asia Pioneer Entertainment Holdings's current Return-on-Tangible-Asset of 33.16% is 1097.1% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Asia Pioneer Entertainment Holdings and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Pioneer Entertainment Holdings's current Return-on-Tangible-Asset is 33.16%, which is 1270% above median its own 10-year median of 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Pioneer Entertainment Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asia Pioneer Entertainment Holdings (HKSE:08400) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.08 — trading 5% below its estimated fair value. The current Return-on-Tangible-Asset is 33.16%, which is 1270% above median its 10-year median of 2.42 and 1097.1% above the Travel & Leisure industry median of 2.77. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Asia Pioneer Entertainment Holdings (HKSE:08400), the current Return-on-Tangible-Asset is 33.16% as of Dec. 2025. 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.
Asia Pioneer Entertainment Holdings Ltd is an investment holding company. Its segments include EGE Business and Smart VM Business. EGE business engaged in three divisions Technical Sales and Distribution of Electronic Gaming Equipment, Consultancy and Technical Services, and Repair Services. Smart VM Business engaged in sales of various Macau-sourced products to consumers and travelers through Smart VM in the Macau SAR and the People's Republic of China. Its generate the majority of its revenue from the EGE business.
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