What is Kingland Group 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. Kingland Group Holdings's annualized net income for the quarter that ended in Dec. 2024 was HK$-18.63 Mil. Kingland Group Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2024 was HK$28.54 Mil. Therefore, Kingland Group Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -65.27%.
The historical rank and industry rank for Kingland Group Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:01751'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -150.93 Med: 3.86 Max: 52.48
Current: 1.85
During the past 11 years, Kingland Group Holdings's highest Return-on-Tangible-Equity was 52.48%. The lowest was -150.93%. And the median was 3.86%.
HKSE:01751's Return-on-Tangible-Equity is ranked worse than 71.4% of 1675
companies
in the Construction industry
Industry Median: 7.64
vs HKSE:01751: 1.85
Kingland Group Holdings Return-on-Tangible-Equity Historical Data
The historical data trend for Kingland Group 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.
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Kingland Group Holdings Return-on-Tangible-Equity Chart
Competitive Comparison of Kingland Group Holdings's Return-on-Tangible-Equity
For the Engineering & Construction subindustry, Kingland 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.
Kingland Group Holdings's Return-on-Tangible-Equity Distribution in the Construction Industry
For the Construction industry and Industrials sector, Kingland Group Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Kingland Group 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.
Kingland Group Holdings (HKSE:01751) 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.
Kingland Group Holdings Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Kingland Group Holdings's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Kingland Group Holdings Ltd mainly provides concrete demolition services in Hong Kong and Macau as subcontractors. Its services are mainly required in removing pieces or sections of concrete from concrete structures and demolishing the entire concrete structures or buildings by applying a variety of methods, such as core drilling, sawing, and crushing. Its services are required in many different situations including, among others, addition and alteration works and redevelopment projects in buildings, roads, tunnels, and underground facilities. Its customers are main contractors in various types of construction and civil engineering projects in Hong Kong and construction projects in Macau.
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