What is Greenheart Group Return-on-Tangible-Equity?
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Greenheart Group's annualized net income for the quarter that ended in Dec. 2024 was HK$-90.67 Mil. Greenheart Group's average shareholder tangible equity for the quarter that ended in Dec. 2024 was HK$616.95 Mil. Therefore, Greenheart Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -14.70%.
The historical rank and industry rank for Greenheart Group's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:00094'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -704.66 Med: -8.42 Max: 15.44
Current: -21.2
During the past 13 years, Greenheart Group's highest Return-on-Tangible-Equity was 15.44%. The lowest was -704.66%. And the median was -8.42%.
HKSE:00094's Return-on-Tangible-Equity is ranked worse than 89.4% of 283
companies
in the Forest Products industry
Industry Median: 2.51
vs HKSE:00094: -21.20
Greenheart Group Return-on-Tangible-Equity Historical Data
The historical data trend for Greenheart Group's Return-on-Tangible-Equity 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.
Competitive Comparison of Greenheart Group's Return-on-Tangible-Equity
For the Lumber & Wood Production subindustry, Greenheart Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Greenheart Group's Return-on-Tangible-Equity Distribution in the Forest Products Industry
For the Forest Products industry and Basic Materials sector, Greenheart Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Greenheart Group's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Greenheart Group (HKSE:00094) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Greenheart Group Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Greenheart Group's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Greenheart Group Ltd is an investment holding company. The company, along with its subsidiaries, is engaged in log harvesting, timber processing, marketing, sales and trading of logs and timber products, provision of forest management services, and managing harvest rights of concession. It has two reportable segments, Suriname involves the Selective hardwood log harvesting, timber processing, marketing, sale, and trading of logs and timber products and the management and operation of forest concessions; and New Zealand involves softwood plantation management, log harvesting, marketing, sale and trading of logs and provision of forest management services. Its majority revenue-generating region is New Zealand.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:00094 has been successfully added to your 