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Xinyuan Real Estate Co (Xinyuan Real Estate Co) Return-on-Tangible-Asset : -1.38% (As of Jun. 2023)


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What is Xinyuan Real Estate Co Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Xinyuan Real Estate Co's annualized Net Income for the quarter that ended in Jun. 2023 was $-77.3 Mil. Xinyuan Real Estate Co's average total tangible assets for the quarter that ended in Jun. 2023 was $5,597.3 Mil. Therefore, Xinyuan Real Estate Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2023 was -1.38%.

The historical rank and industry rank for Xinyuan Real Estate Co's Return-on-Tangible-Asset or its related term are showing as below:

XIN' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.94   Med: 1.12   Max: 6.4
Current: -2.02

During the past 13 years, Xinyuan Real Estate Co's highest Return-on-Tangible-Asset was 6.40%. The lowest was -5.94%. And the median was 1.12%.

XIN's Return-on-Tangible-Asset is ranked worse than
74.9% of 1833 companies
in the Real Estate industry
Industry Median: 1.17 vs XIN: -2.02

Xinyuan Real Estate Co Return-on-Tangible-Asset Historical Data

The historical data trend for Xinyuan Real Estate Co's Return-on-Tangible-Asset 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.

Xinyuan Real Estate Co Return-on-Tangible-Asset Chart

Xinyuan Real Estate Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.89 -1.08 -5.94 -4.31

Xinyuan Real Estate Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Return-on-Tangible-Asset 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 -1.67 -9.77 -5.79 -2.60 -1.38

Competitive Comparison of Xinyuan Real Estate Co's Return-on-Tangible-Asset

For the Real Estate - Development subindustry, Xinyuan Real Estate 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.


Xinyuan Real Estate Co's Return-on-Tangible-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Xinyuan Real Estate Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Xinyuan Real Estate Co's Return-on-Tangible-Asset falls into.



Xinyuan Real Estate Co Return-on-Tangible-Asset Calculation

Xinyuan Real Estate Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-263.354/( (6410.205+5817.254)/ 2 )
=-263.354/6113.7295
=-4.31 %

Xinyuan Real Estate Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=-77.27/( (5817.254+5377.401)/ 2 )
=-77.27/5597.3275
=-1.38 %

* 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 (Jun. 2023) net income data.


Xinyuan Real Estate Co  (NYSE:XIN) 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 company’s 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 company’s 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.


Xinyuan Real Estate Co Return-on-Tangible-Asset Related Terms

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Xinyuan Real Estate Co (Xinyuan Real Estate Co) Business Description

Traded in Other Exchanges
Address
79 Jianguo Road, 27th Floor, China Central Place, Tower II, Chaoyang District, Beijing, CHN, 100025
Xinyuan Real Estate Co Ltd operates as a real estate developer and property manager in China. It develops and manages large-scale, high-quality real estate projects in over ten tier one and tier two cities, including Beijing, Shanghai, Zhengzhou, Suzhou, among others. It aims to provide comfortable and convenient real estate-related products and services to middle-class consumers. Xinyuan's product portfolio consists of multiple-rise buildings, sub-high-rise buildings, and high-rise buildings, together with auxiliary services and amenities such as retail outlets, leisure and health facilities, kindergartens and schools. In addition, the company provides property management services for its projects and other real estate-related services to its customers.