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Cafe de Coral Holdings (HKSE:00341) Return-on-Tangible-Equity : 14.27% (As of Sep. 2023)


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What is Cafe de Coral Holdings 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. Cafe de Coral Holdings's annualized net income for the quarter that ended in Sep. 2023 was HK$401 Mil. Cafe de Coral Holdings's average shareholder tangible equity for the quarter that ended in Sep. 2023 was HK$2,810 Mil. Therefore, Cafe de Coral Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was 14.27%.

The historical rank and industry rank for Cafe de Coral Holdings's Return-on-Tangible-Equity or its related term are showing as below:

HKSE:00341' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.73   Med: 13.9   Max: 17.5
Current: 7.23

During the past 13 years, Cafe de Coral Holdings's highest Return-on-Tangible-Equity was 17.50%. The lowest was 0.73%. And the median was 13.90%.

HKSE:00341's Return-on-Tangible-Equity is ranked worse than
59.81% of 316 companies
in the Restaurants industry
Industry Median: 11.605 vs HKSE:00341: 7.23

Cafe de Coral Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Cafe de Coral Holdings'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.

Cafe de Coral Holdings Return-on-Tangible-Equity Chart

Cafe de Coral Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.50 2.52 12.62 0.73 3.94

Cafe de Coral Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 5.44 -4.17 7.79 0.12 14.27

Competitive Comparison of Cafe de Coral Holdings's Return-on-Tangible-Equity

For the Restaurants subindustry, Cafe de Coral 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.


Cafe de Coral Holdings's Return-on-Tangible-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Cafe de Coral Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Cafe de Coral Holdings's Return-on-Tangible-Equity falls into.



Cafe de Coral Holdings Return-on-Tangible-Equity Calculation

Cafe de Coral Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=110.353/( (2817.55+2782.441 )/ 2 )
=110.353/2799.9955
=3.94 %

Cafe de Coral Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=401.106/( (2782.441+2837.386)/ 2 )
=401.106/2809.9135
=14.27 %

* 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 (Sep. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Cafe de Coral Holdings  (HKSE:00341) 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.


Cafe de Coral Holdings Return-on-Tangible-Equity Related Terms

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Cafe de Coral Holdings (HKSE:00341) Business Description

Traded in Other Exchanges
Address
No. 5-13 Wo Shui Street, Fo Tan, 10th Floor, Cafe de Coral Centre, Shatin, New Territories, Hong Kong, HKG
Cafe de Coral Holdings Ltd is a restaurant and catering company. It operates quick service restaurants and institutional catering, fast casual and casual dining chains, as well as food processing and distribution business. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Mainland China.

Cafe de Coral Holdings (HKSE:00341) Headlines

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