What is Kato (Hong Kong) 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. Kato (Hong Kong) Holdings's annualized net income for the quarter that ended in Sep. 2024 was HK$51.3 Mil. Kato (Hong Kong) Holdings's average shareholder tangible equity for the quarter that ended in Sep. 2024 was HK$437.6 Mil. Therefore, Kato (Hong Kong) Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was 11.73%.
The historical rank and industry rank for Kato (Hong Kong) Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:02189'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 15.91 Med: 43.31 Max: 1368.32
Current: 16.83
During the past 9 years, Kato (Hong Kong) Holdings's highest Return-on-Tangible-Equity was 1,368.32%. The lowest was 15.91%. And the median was 43.31%.
HKSE:02189's Return-on-Tangible-Equity is ranked better than 66.61% of 572
companies
in the Healthcare Providers & Services industry
Industry Median: 9.755
vs HKSE:02189: 16.83
Kato (Hong Kong) Holdings Return-on-Tangible-Equity Historical Data
The historical data trend for Kato (Hong Kong) 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 Kato (Hong Kong) Holdings's Return-on-Tangible-Equity
For the Medical Care Facilities subindustry, Kato (Hong Kong) 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.
Kato (Hong Kong) Holdings's Return-on-Tangible-Equity Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Kato (Hong Kong) Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Kato (Hong Kong) 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 (Sep. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
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.
Kato (Hong Kong) Holdings Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Kato (Hong Kong) Holdings's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Kato (Hong Kong) Holdings Ltd is an established operator of residential care homes and daycare services for the elderly in Hong Kong. The company offers a wide range of residential care services for the elderly including; the provision of accommodation, professional nursing and care-taking services, nutritional management, medical services, physiotherapy and occupational therapy services, individual care plans and recreational services; and the sale of healthcare and medical goods and the provision of add-on healthcare services to residents.
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