HKSE:09900'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.31 Med: 11.72 Max: 26.77
Current: 8.08
During the past 9 years, Hong Kong Zcloud Technology Construction's highest Return-on-Tangible-Asset was 26.77%. The lowest was 4.31%. And the median was 11.72%.
HKSE:09900's Return-on-Tangible-Asset is ranked better than 81% of 1742
companies
in the Construction industry
Industry Median: 2.65
vs HKSE:09900: 8.08
Hong Kong Zcloud Technology Construction 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.
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Hong Kong Zcloud Technology Construction Return-on-Tangible-Asset Chart
Hong Kong Zcloud Technology Construction Annual Data
Competitive Comparison of Hong Kong Zcloud Technology Construction's Return-on-Tangible-Asset
For the Engineering & Construction subindustry, Hong Kong Zcloud Technology Construction'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.
Hong Kong Zcloud Technology Construction's Return-on-Tangible-Asset Distribution in the Construction Industry
For the Construction industry and Industrials sector, Hong Kong Zcloud Technology Construction's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hong Kong Zcloud Technology Construction'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 (Sep. 2024) net income data.
Hong Kong Zcloud Technology Construction (HKSE:09900) 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.
Hong Kong Zcloud Technology Construction Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Hong Kong Zcloud Technology Construction's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Hong Kong Zcloud Technology Construction Business Description
Hong Kong Zcloud Technology Construction Ltd formerly Gain Plus Holdings Ltd is a construction contractor company. The company provides building construction services and repair, maintenance, addition, and alteration services (RMAA). The services undertaken by main contractors and subcontractors include site investigation, demolition, structural alternation, and additional work. In addition, its RMAA services of the company comprise general upkeep, restoration, and renovation of existing facilities and components of buildings and surroundings, and services consisting of civil works for new buildings such as lift towers, soccer fields, and walkways. The company earns the majority of its revenue from the provision of RMAA Services.
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