HKSE:01260'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.59 Med: 8.9 Max: 29.67
Current: -2.82
During the past 13 years, Wonderful Sky Financial Group Holdings's highest Return-on-Tangible-Equity was 29.67%. The lowest was -8.59%. And the median was 8.90%.
HKSE:01260's Return-on-Tangible-Equity is ranked worse than 82.46% of 992
companies
in the Business Services industry
Industry Median: 11.405
vs HKSE:01260: -2.82
Wonderful Sky Financial Group Holdings Return-on-Tangible-Equity 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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Wonderful Sky Financial Group Holdings Return-on-Tangible-Equity Chart
Wonderful Sky Financial Group Holdings Annual Data
Competitive Comparison of Wonderful Sky Financial Group Holdings's Return-on-Tangible-Equity
For the Specialty Business Services subindustry, Wonderful Sky Financial Group Holdings'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.
Wonderful Sky Financial Group Holdings's Return-on-Tangible-Equity Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Wonderful Sky Financial Group Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Wonderful Sky Financial Group Holdings's Return-on-Tangible-Equity falls into.
Wonderful Sky Financial Group Holdings Return-on-Tangible-Equity Calculation
* 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 (Mar. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Wonderful Sky Financial Group Holdings (HKSE:01260) 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.
Wonderful Sky Financial Group Holdings Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Wonderful Sky Financial Group Holdings's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Wonderful Sky Financial Group Holdings Business Description
Wonderful Sky Financial Group Holdings Ltd is in investment holding, securities investment. The company's operating segment includes the Provision of financial public relations services and the Organisation and coordination of international roadshows. It generates maximum revenue from the Provision of financial public relations services segment which includes public relations services; investor relations services; financial printing services and capital markets branding. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in the People's Republic of China and Singapore.
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