The historical rank and industry rank for A-Living Smart City Services Co's Return-on-Tangible-Asset or its related term are showing as below:
HKSE:03319'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.4 Med: 14.04 Max: 21
Current: 2.41
During the past 10 years, A-Living Smart City Services Co's highest Return-on-Tangible-Asset was 21.00%. The lowest was 2.40%. And the median was 14.04%.
HKSE:03319's Return-on-Tangible-Asset is ranked better than 62.9% of 1830
companies
in the Real Estate industry
Industry Median: 1.11
vs HKSE:03319: 2.41
A-Living Smart City Services Co Return-on-Tangible-Asset 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.
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A-Living Smart City Services Co Return-on-Tangible-Asset Chart
Competitive Comparison of A-Living Smart City Services Co's Return-on-Tangible-Asset
For the Real Estate Services subindustry, A-Living Smart City Services Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
A-Living Smart City Services Co's Return-on-Tangible-Asset Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, A-Living Smart City Services Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where A-Living Smart City Services Co's Return-on-Tangible-Asset falls into.
A-Living Smart City Services Co Return-on-Tangible-Asset Calculation
A-Living Smart City Services Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:
* 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-Asset, the net income of the last fiscal year and the average total tangible assets 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.
A-Living Smart City Services Co (HKSE:03319) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
A-Living Smart City Services Co Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of A-Living Smart City Services Co's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
A-Living Smart City Services Co (HKSE:03319) Business Description
A-Living Smart City Services, or A-Living, is one of Hong Kong's first listed property management companies. It was spun off from parent Agile Property Holdings in 2018, with Agile retaining 54%. A-Living generates revenue from providing property management services with a focus on mid-to-high-end properties, as well as value-added services to property owners and nonproperty owners. A-Living operates in over 27 cities and regions across China, with a geographical focus in Guangdong province. Prior to listing, A-Living acquired Greenland Property Services in 2017, which accounted for significant goodwill on the balance sheet. Post listing, the company also announced the major acquisition of CMIG PM.
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