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China Uptown Group Co (HKSE:02330) Return-on-Tangible-Equity : -14.68% (As of Dec. 2023)


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What is China Uptown Group Co 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. China Uptown Group Co's annualized net income for the quarter that ended in Dec. 2023 was HK$-29.31 Mil. China Uptown Group Co's average shareholder tangible equity for the quarter that ended in Dec. 2023 was HK$199.66 Mil. Therefore, China Uptown Group Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -14.68%.

The historical rank and industry rank for China Uptown Group Co's Return-on-Tangible-Equity or its related term are showing as below:

HKSE:02330' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -84.61   Med: -3.64   Max: 12.36
Current: -23.35

During the past 13 years, China Uptown Group Co's highest Return-on-Tangible-Equity was 12.36%. The lowest was -84.61%. And the median was -3.64%.

HKSE:02330's Return-on-Tangible-Equity is ranked worse than
90.06% of 1761 companies
in the Real Estate industry
Industry Median: 2.8 vs HKSE:02330: -23.35

China Uptown Group Co Return-on-Tangible-Equity Historical Data

The historical data trend for China Uptown Group Co'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.

* Premium members only.

China Uptown Group Co Return-on-Tangible-Equity Chart

China Uptown Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.36 -1.22 -84.61 -20.82 -22.79

China Uptown Group Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -165.55 -31.69 -11.12 -31.49 -14.68

Competitive Comparison of China Uptown Group Co's Return-on-Tangible-Equity

For the Real Estate - Diversified subindustry, China Uptown Group Co'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.


China Uptown Group Co's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Uptown Group Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where China Uptown Group Co's Return-on-Tangible-Equity falls into.



China Uptown Group Co Return-on-Tangible-Equity Calculation

China Uptown Group Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-50.566/( (250.308+193.526 )/ 2 )
=-50.566/221.917
=-22.79 %

China Uptown Group Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=-29.314/( (205.794+193.526)/ 2 )
=-29.314/199.66
=-14.68 %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


China Uptown Group Co  (HKSE:02330) 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.


China Uptown Group Co Return-on-Tangible-Equity Related Terms

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China Uptown Group Co (HKSE:02330) Business Description

Traded in Other Exchanges
N/A
Address
30 Canton Road, Suite 1501, 15th Floor, Tower 1, Silvercord, Tsimshatsui, Kowloon, Hong Kong, HKG
China Uptown Group Co Ltd is an investment holding company. The company, through its subsidiaries, is engaged in the business segments of Property development and investment, and Trading of raw cane sugar. The Property development and investment segment develops and sells office premises, commercial and residential properties, and car parking spaces. This segment also generates rental income from investment properties and achieves gain from the appreciation of the property's values in the long term. The Trading of raw cane sugar segment trades raw cane sugar on a worldwide basis.
Executives
Liu Dong 2201 Interest of corporation controlled by you
Ming Hung Fung Company Limited 2101 Beneficial owner
China Sugar Holdings Limited 2101 Beneficial owner
Chen Qiang 2101 Beneficial owner
Liu Zhongxiang 2101 Beneficial owner

China Uptown Group Co (HKSE:02330) Headlines

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