GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Kaisa Capital Investment Holdings Ltd (HKSE:00936) » Definitions » Return-on-Tangible-Equity

Kaisa Capital Investment Holdings (HKSE:00936) Return-on-Tangible-Equity : 1.82% (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Kaisa Capital Investment 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. Kaisa Capital Investment Holdings's annualized net income for the quarter that ended in Dec. 2023 was HK$2.6 Mil. Kaisa Capital Investment Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2023 was HK$143.3 Mil. Therefore, Kaisa Capital Investment Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 1.82%.

The historical rank and industry rank for Kaisa Capital Investment Holdings's Return-on-Tangible-Equity or its related term are showing as below:

HKSE:00936' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -73.3   Med: -17.04   Max: 3.92
Current: 3.82

During the past 13 years, Kaisa Capital Investment Holdings's highest Return-on-Tangible-Equity was 3.92%. The lowest was -73.30%. And the median was -17.04%.

HKSE:00936's Return-on-Tangible-Equity is ranked worse than
71.59% of 1003 companies
in the Business Services industry
Industry Median: 11.93 vs HKSE:00936: 3.82

Kaisa Capital Investment Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Kaisa Capital Investment 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.

Kaisa Capital Investment Holdings Return-on-Tangible-Equity Chart

Kaisa Capital Investment Holdings 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 -14.91 -73.30 3.54 3.92 3.87

Kaisa Capital Investment Holdings 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 0.94 5.87 2.03 5.84 1.82

Competitive Comparison of Kaisa Capital Investment Holdings's Return-on-Tangible-Equity

For the Rental & Leasing Services subindustry, Kaisa Capital Investment 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.


Kaisa Capital Investment Holdings's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Kaisa Capital Investment Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Kaisa Capital Investment Holdings's Return-on-Tangible-Equity falls into.



Kaisa Capital Investment Holdings Return-on-Tangible-Equity Calculation

Kaisa Capital Investment Holdings'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 )
=5.381/( (135.588+142.756 )/ 2 )
=5.381/139.172
=3.87 %

Kaisa Capital Investment Holdings'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 )
=2.602/( (143.814+142.756)/ 2 )
=2.602/143.285
=1.82 %

* 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.


Kaisa Capital Investment Holdings  (HKSE:00936) 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.


Kaisa Capital Investment Holdings Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Kaisa Capital Investment Holdings's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Kaisa Capital Investment Holdings (HKSE:00936) Business Description

Traded in Other Exchanges
N/A
Address
Lee Garden One, 33 Hysan Avenue, Room 1901, 19 Floor, Causeway Bay, Hong Kong, HKG
Kaisa Capital Investment Holdings Ltd is engaged in property development, construction engineering, operation, management, and service activities in Hong Kong. The company is also involved in the leasing and sale of construction machinery, and spare parts, and the provision of ancillary engineering consultancy, repair, and maintenance services. The Company operates its business through two segments. The Construction Equipment Business segment is engaged in the trading of construction machinery and spare parts, leasing of the construction machinery under operating leases, and providing repair and maintenance services in respect of the construction machinery. The Property Development Business segment is involved in the property development business.
Executives
Chan Mo 2101 Beneficial owner
Kwok Hiu Yan 2201 Interest of corporation controlled by you
Excel Range Investments Limited 2401 A concert party to an agreement to buy shares
Kaisa Group Holdings Ltd. 2201 Interest of corporation controlled by you
Kwok Hiu Ting 2201 Interest of corporation controlled by you
Kwok Ho Lai 2201 Interest of corporation controlled by you
Mighty Empire Group Limited 2101 Beneficial owner
Zeng Li 2201 Interest of corporation controlled by you
He Xiao Yang 2101 Beneficial owner

Kaisa Capital Investment Holdings (HKSE:00936) Headlines

No Headlines