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Asia Pioneer Entertainment HoldingsHKSE:08400 -8.33% Return-on-Tangible-Equity is 52.74% as of Dec. 2025, which is 1357% above its 10-year median of 3.62. Among 797 Travel & Leisure companies, Asia Pioneer Entertainment Holdings ranks better than 78.17% on this metric.
The historical rank and industry rank for Asia Pioneer Entertainment Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:08400'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -57.49 Med: 3.62 Max: 62.11
Current: 27.7
During the past 11 years, Asia Pioneer Entertainment Holdings's highest Return-on-Tangible-Equity was 62.11%. The lowest was -57.49%. And the median was 3.62%.
HKSE:08400's Return-on-Tangible-Equity is ranked better than 78.17% of 797
companies
in the Travel & Leisure industry
Industry Median: 7.65
vs HKSE:08400: 27.70
Asia Pioneer Entertainment Holdings (HKSE:08400) 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.
Asia Pioneer Entertainment Holdings Return-on-Tangible-Equity Related Terms
Asia Pioneer Entertainment Holdings 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.
Asia Pioneer Entertainment Holdings Return-on-Tangible-Equity Chart
HKSE:08400 vs FLUT, DKNG, SGHC: Return-on-Tangible-Equity Comparison
For the Gambling subindustry, Asia Pioneer Entertainment 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.
Asia Pioneer Entertainment Holdings Return-on-Tangible-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Asia Pioneer Entertainment Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Asia Pioneer Entertainment 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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 52.74% mean?
Asia Pioneer Entertainment Holdings (HKSE:08400) has a Return-on-Tangible-Equity of 52.74% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Asia Pioneer Entertainment Holdings and its competitors. This is 1357% above median its historical median of 3.62. According to the industry distribution chart, Asia Pioneer Entertainment Holdings ranks #174 out of 797 companies in the Travel & Leisure industry, placing it in the top 21.8%.
Is Asia Pioneer Entertainment Holdings' Return-on-Tangible-Equity too high?
Asia Pioneer Entertainment Holdings' current Return-on-Tangible-Equity of 52.74% is 1357% above median its 10-year median of 3.62. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.65. Asia Pioneer Entertainment Holdings' value of 52.74% is 589.4% above this industry median. Based on the distribution chart, Asia Pioneer Entertainment Holdings ranks #174 out of 797 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers.
How does Asia Pioneer Entertainment Holdings' Return-on-Tangible-Equity compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Asia Pioneer Entertainment Holdings ranks #174 out of 797 companies for Return-on-Tangible-Equity. This places Asia Pioneer Entertainment Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.65. Asia Pioneer Entertainment Holdings' value of 52.74% is 589.4% above this benchmark. While the company's 10-year median is 3.62 vs. the industry median of 7.65, Asia Pioneer Entertainment Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.65, based on 797 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asia Pioneer Entertainment Holdings's current Return-on-Tangible-Equity of 52.74% is 589.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Asia Pioneer Entertainment Holdings and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Pioneer Entertainment Holdings's current Return-on-Tangible-Equity is 52.74%, which is 1357% above median its own 10-year median of 3.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Pioneer Entertainment Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asia Pioneer Entertainment Holdings (HKSE:08400) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.07 — trading 17.5% below its estimated fair value. The current Return-on-Tangible-Equity is 52.74%, which is 1357% above median its 10-year median of 3.62 and 589.4% above the Travel & Leisure industry median of 7.65. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Asia Pioneer Entertainment Holdings (HKSE:08400), the current Return-on-Tangible-Equity is 52.74% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Asia Pioneer Entertainment Holdings Ltd is an investment holding company. Its segments include EGE Business and Smart VM Business. EGE business engaged in three divisions Technical Sales and Distribution of Electronic Gaming Equipment, Consultancy and Technical Services, and Repair Services. Smart VM Business engaged in sales of various Macau-sourced products to consumers and travelers through Smart VM in the Macau SAR and the People's Republic of China. Its generate the majority of its revenue from the EGE business.
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