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. CLSA Premium's annualized net income for the quarter that ended in Dec. 2024 was HK$10.16 Mil. CLSA Premium's average shareholder tangible equity for the quarter that ended in Dec. 2024 was HK$244.96 Mil. Therefore, CLSA Premium's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 4.15%.
The historical rank and industry rank for CLSA Premium's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:06877'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -39.18 Med: 4.43 Max: 22.41
Current: 4.66
During the past 13 years, CLSA Premium's highest Return-on-Tangible-Equity was 22.41%. The lowest was -39.18%. And the median was 4.43%.
HKSE:06877's Return-on-Tangible-Equity is ranked worse than 54.91% of 763
companies
in the Capital Markets industry
Industry Median: 6.26
vs HKSE:06877: 4.66
CLSA Premium Return-on-Tangible-Equity Historical Data
The historical data trend for CLSA Premium'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 CLSA Premium's Return-on-Tangible-Equity
For the Capital Markets subindustry, CLSA Premium'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.
CLSA Premium's Return-on-Tangible-Equity Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, CLSA Premium's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CLSA Premium'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.
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.
CLSA Premium Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of CLSA Premium's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
CLSA Premium Ltd operates in the financial services sector. It provides leveraged forex and other trading, cash dealing, sales of healthcare products, and other services.. The operating segments of the group are the Margin dealing segment. Unallocated segment, Healthcare products segment, The margin dealing segment is engaged in the provision of leveraged foreign exchange, commodity, and index trading services in Australia, Hong Kong, and New Zealand. The healthcare products segment engages in the sales of healthcare products. It has a business presence in Hong Kong, Australia, New Zealand, and Other countries.
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