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Bar Pacific Group Holdings (HKSE:08432) Return-on-Tangible-Asset : 0.00% (As of Sep. 2024)


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What is Bar Pacific Group Holdings 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. Bar Pacific Group Holdings's annualized Net Income for the quarter that ended in Sep. 2024 was HK$0.0 Mil. Bar Pacific Group Holdings's average total tangible assets for the quarter that ended in Sep. 2024 was HK$187.8 Mil. Therefore, Bar Pacific Group Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 was 0.00%.

The historical rank and industry rank for Bar Pacific Group Holdings's Return-on-Tangible-Asset or its related term are showing as below:

HKSE:08432' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -21.31   Med: 4.06   Max: 31.9
Current: 0.64

During the past 10 years, Bar Pacific Group Holdings's highest Return-on-Tangible-Asset was 31.90%. The lowest was -21.31%. And the median was 4.06%.

HKSE:08432's Return-on-Tangible-Asset is ranked worse than
64.11% of 365 companies
in the Restaurants industry
Industry Median: 2.29 vs HKSE:08432: 0.64

Bar Pacific Group Holdings Return-on-Tangible-Asset Historical Data

The historical data trend for Bar Pacific Group Holdings'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.

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Bar Pacific Group Holdings Return-on-Tangible-Asset Chart

Bar Pacific Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.29 -21.31 -5.75 4.83 0.31

Bar Pacific Group Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
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 11.41 1.88 0.53 - -

Competitive Comparison of Bar Pacific Group Holdings's Return-on-Tangible-Asset

For the Restaurants subindustry, Bar Pacific Group 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.


Bar Pacific Group Holdings's Return-on-Tangible-Asset Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Bar Pacific Group Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Bar Pacific Group Holdings's Return-on-Tangible-Asset falls into.


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Bar Pacific Group Holdings Return-on-Tangible-Asset Calculation

Bar Pacific Group Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=0.604/( (204.263+183.838)/ 2 )
=0.604/194.0505
=0.31 %

Bar Pacific Group Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=0/( (183.838+191.698)/ 2 )
=0/187.768
=0.00 %

* 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 four times the quarterly (Sep. 2024) net income data.


Bar Pacific Group Holdings  (HKSE:08432) 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.


Bar Pacific Group Holdings Return-on-Tangible-Asset Related Terms

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Bar Pacific Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
2G Hok Yuen Street, Room D2, 11th Floor, Phase 2, Hang Fung Industrial Building, Hunghom, Kowloon, Hong Kong, HKG
Bar Pacific Group Holdings Ltd, along with its subsidiaries, is engaged in the operation of a chain of bars in Hong Kong. The company operates its restaurants under the brand's Bar Pacific and Pacific. The company operates in the business segment Operation of bars and restaurants and Property investment principally in Hong Kong. The group derives a majority of its revenue from the Operation of the bars segment which involves the sales of beverages and light refreshments in bars in Hong Kong. the company also provides venues for private parties, business events, and shooting.
Executives
Tse Ying Sin Eva 2101 Beneficial owner
Chan Wai 2101 Beneficial owner
Chan Tsz Tung 2101 Beneficial owner
Chan Tsz Kiu Teresa 2101 Beneficial owner
Chan Ching Mandy 2101 Beneficial owner

Bar Pacific Group Holdings Headlines

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