What is Kin Pang Holdings 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. Kin Pang Holdings's annualized net income for the quarter that ended in Dec. 2024 was HK$-12.4 Mil. Kin Pang Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2024 was HK$157.7 Mil. Therefore, Kin Pang Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -7.86%.
The historical rank and industry rank for Kin Pang Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:01722'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -17.97 Med: 4.91 Max: 33.57
Current: -10.48
During the past 11 years, Kin Pang Holdings's highest Return-on-Tangible-Equity was 33.57%. The lowest was -17.97%. And the median was 4.91%.
HKSE:01722's Return-on-Tangible-Equity is ranked worse than 86.9% of 1672
companies
in the Construction industry
Industry Median: 7.37
vs HKSE:01722: -10.48
Kin Pang Holdings Return-on-Tangible-Equity Historical Data
The historical data trend for Kin Pang Holdings'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 Kin Pang Holdings's Return-on-Tangible-Equity
For the Engineering & Construction subindustry, Kin Pang 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.
Kin Pang Holdings's Return-on-Tangible-Equity Distribution in the Construction Industry
For the Construction industry and Industrials sector, Kin Pang Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Kin Pang Holdings'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.
Kin Pang Holdings (HKSE:01722) 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.
Kin Pang Holdings Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Kin Pang Holdings's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Kin Pang Holdings Ltd is an integrated construction company that provides building and ancillary services to hotel and casino resorts, property developers, infrastructure of electricity and water supply, and public amenities and utilities (such as carriageways, footpaths, drains, and sewers). The company operates in a single business segment, which is the building and ancillary services segment, and represents the firm's revenue generated from foundation-associated works, hard landscaping, alteration, and addition works, road works, water pipe works, electrical and mechanical works, and other ancillary building works. Geographically, the company derives a majority of its revenue from Macau and the rest from Hong Kong.
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