What is Zhenro Properties Group 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. Zhenro Properties Group's annualized net income for the quarter that ended in Dec. 2024 was HK$-9,580 Mil. Zhenro Properties Group's average shareholder tangible equity for the quarter that ended in Dec. 2024 was HK$-9,553 Mil. Therefore, Zhenro Properties Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was N/A%.
The historical rank and industry rank for Zhenro Properties Group's Return-on-Tangible-Equity or its related term are showing as below:
During the past 11 years, Zhenro Properties Group's highest Return-on-Tangible-Equity was 18.08%. The lowest was -3,484.54%. And the median was 14.65%.
HKSE:06158's Return-on-Tangible-Equity is not ranked *
in the Real Estate industry.
Industry Median: 3.53 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Zhenro Properties Group Return-on-Tangible-Equity Historical Data
The historical data trend for Zhenro Properties Group'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.
Zhenro Properties Group Return-on-Tangible-Equity Chart
Competitive Comparison of Zhenro Properties Group's Return-on-Tangible-Equity
For the Real Estate - Development subindustry, Zhenro Properties Group'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.
Zhenro Properties Group's Return-on-Tangible-Equity Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Zhenro Properties Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zhenro Properties Group'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.
Zhenro Properties Group (HKSE:06158) 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.
Zhenro Properties Group Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Zhenro Properties Group's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Zhenro Properties Group Ltd is a China-based holding company principally engaged in real estate development and property leasing. The Company focuses on the development of residential properties, as well as the development, operation, and management of commercial and mixed-use properties. The Company's businesses include property sales, property leasing, management consulting services, property management services, and sales of goods.
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