Hang Lung Ret. on assets
What is the Ret. on assets of Hang Lung?
The Ret. on assets of Hang Lung Group Limited is 0.87%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets 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 assets similar to Hang Lung
- Morgan Stanley has Ret. on assets of 0.87%
- First Horizon has Ret. on assets of 0.87%
- Mylan NV has Ret. on assets of 0.87%
- Mylan N.V has Ret. on assets of 0.87%
- Yongsheng Advanced Materials has Ret. on assets of 0.87%
- Vikas WSP has Ret. on assets of 0.87%
- Hang Lung has Ret. on assets of 0.87%
- Domtar has Ret. on assets of 0.87%
- United Overseas Bank (Singapore) has Ret. on assets of 0.87%
- Bank of America has Ret. on assets of 0.87%
- Bank of America has Ret. on assets of 0.87%
- Victory City International has Ret. on assets of 0.87%
- First Republic Bank has Ret. on assets of 0.87%