Hang Lung Ret. on equity
What is the Ret. on equity of Hang Lung?
The Ret. on equity of Hang Lung Group Limited is 1.31%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Real Estate sector on HKSE compared to Hang Lung
What does Hang Lung do?
Hang Lung Group Limited, an investment holding company, operates as a property developer in Hong Kong and Mainland China. The company operates through Property Leasing and Property Sales segments. It develops properties for sale and lease, such as large-scale commercial, office, and residential developments. The company also develops various properties, including shopping mall, office, residential, serviced apartments, and carparks. Its investment properties portfolio includes Grand Gateway 66, a commercial, office, and residential complex, as well as Plaza 66, a commercial and office complex in Shanghai; Palace 66 and Forum 66 in Shenyang; Parc 66 in Jinan; Center 66 in Wuxi; Riverside 66 in Tianjin; Olympia 66 in Dalian; Spring City 66 in Kunming; Heartland 66 in Wuhan; and Westlake 66. In addition, the company offers car park and property management, securities trading, financial, project management, and property agency services, as well as operates and manages apartment. Hang Lung Group Limited was incorporated in 1960 and is headquartered in Central, Hong Kong.
Companies with ret. on equity similar to Hang Lung
- John Laing Environmental Assets has Ret. on equity of 1.30%
- Shemaroo Entertainment has Ret. on equity of 1.30%
- Just Dial has Ret. on equity of 1.30%
- Xiaomi has Ret. on equity of 1.30%
- Salvatore Ferragamo SpA has Ret. on equity of 1.30%
- The National Security has Ret. on equity of 1.30%
- Hang Lung has Ret. on equity of 1.31%
- SIL Investments has Ret. on equity of 1.31%
- Air Transport Services Inc has Ret. on equity of 1.31%
- China Display Optoelectronics Technology has Ret. on equity of 1.31%
- Sun.King Power Electronics has Ret. on equity of 1.31%
- Cousins Properties has Ret. on equity of 1.32%
- So-Young International has Ret. on equity of 1.32%