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The Hongkong and Shanghai Hotels (The Hongkong and Shanghai Hotels) Return-on-Tangible-Equity : 0.29% (As of Dec. 2023)


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What is The Hongkong and Shanghai Hotels 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. The Hongkong and Shanghai Hotels's annualized net income for the quarter that ended in Dec. 2023 was $13 Mil. The Hongkong and Shanghai Hotels's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $4,572 Mil. Therefore, The Hongkong and Shanghai Hotels's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 0.29%.

The historical rank and industry rank for The Hongkong and Shanghai Hotels's Return-on-Tangible-Equity or its related term are showing as below:

HKSHF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.18   Med: 1.59   Max: 3.29
Current: 0.41

During the past 13 years, The Hongkong and Shanghai Hotels's highest Return-on-Tangible-Equity was 3.29%. The lowest was -5.18%. And the median was 1.59%.

HKSHF's Return-on-Tangible-Equity is ranked worse than
71.81% of 752 companies
in the Travel & Leisure industry
Industry Median: 8.505 vs HKSHF: 0.41

The Hongkong and Shanghai Hotels Return-on-Tangible-Equity Historical Data

The historical data trend for The Hongkong and Shanghai Hotels'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.

The Hongkong and Shanghai Hotels Return-on-Tangible-Equity Chart

The Hongkong and Shanghai Hotels 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 1.29 -5.20 -0.33 -1.36 0.41

The Hongkong and Shanghai Hotels 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 1.83 0.74 -3.48 0.53 0.29

Competitive Comparison of The Hongkong and Shanghai Hotels's Return-on-Tangible-Equity

For the Lodging subindustry, The Hongkong and Shanghai Hotels'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.


The Hongkong and Shanghai Hotels's Return-on-Tangible-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The Hongkong and Shanghai Hotels's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where The Hongkong and Shanghai Hotels's Return-on-Tangible-Equity falls into.



The Hongkong and Shanghai Hotels Return-on-Tangible-Equity Calculation

The Hongkong and Shanghai Hotels'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 )
=18.694/( (4567.524+4586.545 )/ 2 )
=18.694/4577.0345
=0.41 %

The Hongkong and Shanghai Hotels'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 )
=13.316/( (4558.024+4586.545)/ 2 )
=13.316/4572.2845
=0.29 %

* 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.


The Hongkong and Shanghai Hotels  (OTCPK:HKSHF) 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.


The Hongkong and Shanghai Hotels Return-on-Tangible-Equity Related Terms

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The Hongkong and Shanghai Hotels (The Hongkong and Shanghai Hotels) Business Description

Traded in Other Exchanges
Address
2 Ice House Street, 8th Floor, St. George’s Building, Central, Hong Kong, HKG
The Hongkong and Shanghai Hotels Ltd is a hotel owner and operator, domiciled in Hong Kong. The company organises itself into three segments: hotels, commercial properties, and clubs and services. The hotel's segment, which contributes the vast majority of consolidated revenue, includes the company's hotel operations under The Peninsula brand in major cities across the globe, the most significant of which is The Peninsula Hong Kong. The commercial properties segment leases office buildings, residential apartments and retail spaces. Clubs and services operate golf courses, wholesales food, and provides laundry services. Geographically, domestic operations are the most significant contributor to company revenue, followed by Other Asia, and the U.S. and Europe.

The Hongkong and Shanghai Hotels (The Hongkong and Shanghai Hotels) Headlines

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