Champion Real Estate Investment Trust (HKSE:02778) Return-on-Tangible-Equity : 0.66% (As of Dec. 2023)

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What is Champion Real Estate Investment Trust 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. Champion Real Estate Investment Trust's annualized net income for the quarter that ended in Dec. 2023 was HK$308 Mil. Champion Real Estate Investment Trust's average shareholder tangible equity for the quarter that ended in Dec. 2023 was HK$46,594 Mil. Therefore, Champion Real Estate Investment Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 0.66%.

The historical rank and industry rank for Champion Real Estate Investment Trust's Return-on-Tangible-Equity or its related term are showing as below:

HKSE:02778' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -21.6 Med: 2.34 Max: 20.09
Current: 0.47

During the past 13 years, Champion Real Estate Investment Trust's highest Return-on-Tangible-Equity was 20.09%. The lowest was -21.60%. And the median was 2.34%.

HKSE:02778's Return-on-Tangible-Equity is ranked worse than
69.57% of 792 companies
in the REITs industry
Industry Median: 4.605 vs HKSE:02778: 0.47

Champion Real Estate Investment Trust Return-on-Tangible-Equity Historical Data

The historical data trend for Champion Real Estate Investment Trust'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.

Champion Real Estate Investment Trust Return-on-Tangible-Equity Chart

Champion Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Return-on-Tangible-Equity

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-0.87

-21.60

-1.67

-1.56

0.47

Champion Real Estate Investment Trust 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															1.16	0.23	-3.36	0.28	0.66

Competitive Comparison of Champion Real Estate Investment Trust's Return-on-Tangible-Equity

For the REIT - Retail subindustry, Champion Real Estate Investment Trust'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.

Champion Real Estate Investment Trust's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Champion Real Estate Investment Trust's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Champion Real Estate Investment Trust's Return-on-Tangible-Equity falls into.

Champion Real Estate Investment Trust Return-on-Tangible-Equity Calculation

Champion Real Estate Investment Trust'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 )
	=	220.616	/	( (47227.767	+	46415.198 )	/ 2 )
	=	220.616	/	46821.4825
	=	0.47 %

Champion Real Estate Investment Trust'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 )
	=	307.9	/	( (46773.188	+	46415.198)	/ 2 )
	=	307.9	/	46594.193
	=	0.66 %

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.

Champion Real Estate Investment Trust (HKSE:02778) 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.

Champion Real Estate Investment Trust Return-on-Tangible-Equity Related Terms

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

Champion Real Estate Investment Trust (HKSE:02778) Business Description

Industry

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Comparable Companies

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CMPNF:USA

Address

Great Eagle Centre, 23 Harbour Road, Suite 3008, 30th Floor, Wanchai, Hong Kong, HKG

Website

https://www.championreit.com

Champion Real Estate Investment Trust, or Champion REIT, owns and invests in income-producing office and retail properties, with a focus on Grade A commercial properties in prime locations. In Hong Kong, the trust holds two assets in Three Garden Road in the central business district and the retail and office components of Langham Place in Mong Kok. Great Eagle Holdings listed Champion REIT with a 91.5% stake in Three Garden Road in 2006 and injected the Langham Place office and retail portions into the trust in 2008. The trust acquired the remaining stake in Three Garden Road and unified ownership of the property in 2013. Great Eagle Holdings retains a 68.3% stake in Champion REIT. In 2021, the trust entered into a joint venture to acquire a 27% stake in 66 Shoe Lane in London.

Executives

Great Eagle Holdings Limited	2201 Interest of corporation controlled by you
Lo Ka Shui	2201 Interest of corporation controlled by you
Eagle Asset Management (cp) Limited	2101 Beneficial owner
Hsbc International Trustee Limited	2301 Trustee

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