What is Road King Infrastructure 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. Road King Infrastructure's annualized net income for the quarter that ended in Dec. 2024 was HK$-5,644 Mil. Road King Infrastructure's average shareholder tangible equity for the quarter that ended in Dec. 2024 was HK$19,565 Mil. Therefore, Road King Infrastructure's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -28.85%.
The historical rank and industry rank for Road King Infrastructure's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:01098'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -17.64 Med: 7.3 Max: 15.78
Current: -17.39
During the past 13 years, Road King Infrastructure's highest Return-on-Tangible-Equity was 15.78%. The lowest was -17.64%. And the median was 7.30%.
HKSE:01098's Return-on-Tangible-Equity is ranked worse than 88.57% of 1724
companies
in the Real Estate industry
Industry Median: 3.53
vs HKSE:01098: -17.39
Road King Infrastructure Return-on-Tangible-Equity Historical Data
The historical data trend for Road King Infrastructure'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.
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Road King Infrastructure Return-on-Tangible-Equity Chart
Competitive Comparison of Road King Infrastructure's Return-on-Tangible-Equity
For the Real Estate - Development subindustry, Road King Infrastructure'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.
Road King Infrastructure's Return-on-Tangible-Equity Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Road King Infrastructure's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Road King Infrastructure'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.
Road King Infrastructure (HKSE:01098) 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.
Road King Infrastructure Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Road King Infrastructure's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Road King Infrastructure Ltd is an investment holding company. The company's principal activities are the operation of property development and investment, investment and asset management businesses in Mainland China and Hong Kong; and the development, operation and management of toll roads through the infrastructure joint ventures in the PRC and Indonesia. The company's business segments are; Property Development and Investment, Toll Road, and Investment and asset management. The Property development and investment segment which generates key revenue is engaged in the development of properties for sale, rental income, or potential capital appreciation. Geographically, it generates a majority of its revenue from Mainland China followed by Hong Kong.
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