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One Media Group (HKSE:00426) Return-on-Tangible-Equity : 0.00% (As of Sep. 2023)


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What is One Media Group 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. One Media Group's annualized net income for the quarter that ended in Sep. 2023 was HK$-24.64 Mil. One Media Group's average shareholder tangible equity for the quarter that ended in Sep. 2023 was HK$-30.76 Mil. Therefore, One Media Group's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was N/A%.

The historical rank and industry rank for One Media Group's Return-on-Tangible-Equity or its related term are showing as below:

During the past 13 years, One Media Group's highest Return-on-Tangible-Equity was 25.39%. The lowest was -185.87%. And the median was -21.03%.

HKSE:00426's Return-on-Tangible-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 5.3
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

One Media Group Return-on-Tangible-Equity Historical Data

The historical data trend for One Media Group'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.

One Media Group Return-on-Tangible-Equity Chart

One Media Group 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 -15.55 -86.31 -185.87 - -

One Media Group 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 -263.00 - - - -

Competitive Comparison of One Media Group's Return-on-Tangible-Equity

For the Publishing subindustry, One Media Group'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.


One Media Group's Return-on-Tangible-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, One Media Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where One Media Group's Return-on-Tangible-Equity falls into.



One Media Group Return-on-Tangible-Equity Calculation

One Media Group'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 )
=-18.507/( (-9.037+-22.731 )/ 2 )
=-18.507/-15.884
=N/A %

One Media Group'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 )
=-24.64/( (-22.731+-38.781)/ 2 )
=-24.64/-30.756
=N/A %

* 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.


One Media Group  (HKSE:00426) 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.


One Media Group Return-on-Tangible-Equity Related Terms

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


One Media Group (HKSE:00426) Business Description

Traded in Other Exchanges
N/A
Address
18 Ka Yip Street, 16th Floor, Block A, Ming Pao Industrial Centre, Chai Wan, Hong Kong, HKG
One Media Group Ltd is a Hong Kong-based investment holding company. The company's operating segment includes Entertainment and lifestyle operation and Watch and car operation and others. It generates maximum revenue from the Entertainment and lifestyle operation segment. The company has its business operations in Hong Kong, and Taiwan.
Executives
Tiong Toh Siong Holdings Sdn Bhd 2201 Interest of corporation controlled by you

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