What is A-Living Smart City Services 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. A-Living Smart City Services Co's annualized net income for the quarter that ended in Dec. 2023 was HK$-827 Mil. A-Living Smart City Services Co's average shareholder tangible equity for the quarter that ended in Dec. 2023 was HK$9,515 Mil. Therefore, A-Living Smart City Services Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -8.69%.
The historical rank and industry rank for A-Living Smart City Services Co's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:03319'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.46 Med: 42.34 Max: 214.83
Current: 5.46
During the past 10 years, A-Living Smart City Services Co's highest Return-on-Tangible-Equity was 214.83%. The lowest was 5.46%. And the median was 42.34%.
HKSE:03319's Return-on-Tangible-Equity is ranked better than 61.28% of 1764
companies
in the Real Estate industry
Industry Median: 3.015
vs HKSE:03319: 5.46
A-Living Smart City Services Co 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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A-Living Smart City Services Co Return-on-Tangible-Equity Chart
Competitive Comparison of A-Living Smart City Services Co's Return-on-Tangible-Equity
For the Real Estate Services subindustry, A-Living Smart City Services 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.
A-Living Smart City Services Co's Return-on-Tangible-Equity Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, A-Living Smart City Services Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where A-Living Smart City Services Co's Return-on-Tangible-Equity falls into.
A-Living Smart City Services Co Return-on-Tangible-Equity Calculation
A-Living Smart City Services Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
A-Living Smart City Services Co (HKSE:03319) 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.
A-Living Smart City Services Co Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of A-Living Smart City Services Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
A-Living Smart City Services Co (HKSE:03319) Business Description
A-Living Smart City Services, or A-Living, is one of Hong Kong's first listed property management companies. It was spun off from parent Agile Property Holdings in 2018, with Agile retaining 54%. A-Living generates revenue from providing property management services with a focus on mid-to-high-end properties, as well as value-added services to property owners and nonproperty owners. A-Living operates in over 27 cities and regions across China, with a geographical focus in Guangdong province. Prior to listing, A-Living acquired Greenland Property Services in 2017, which accounted for significant goodwill on the balance sheet. Post listing, the company also announced the major acquisition of CMIG PM.
A-Living Smart City Services Co (HKSE:03319) Headlines
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