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Shenzhen-ZhongRong Morgan Investment Holding Group Co Return-on-Tangible-Equity

: 0.00% (As of Mar. 2017)
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Return-on-Tangible-Equity is calculated as Net Income attributable to Common Stockholders divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Shenzhen-ZhongRong Morgan Investment Holding Group Co's annualized net income attributable to common stockholders for the quarter that ended in Mar. 2017 was $0.00 Mil. Shenzhen-ZhongRong Morgan Investment Holding Group Co's average shareholder tangible equity for the quarter that ended in Mar. 2017 was $-0.01 Mil. Therefore, Shenzhen-ZhongRong Morgan Investment Holding Group Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2017 was N/A%.

The historical rank and industry rank for Shenzhen-ZhongRong Morgan Investment Holding Group Co's Return-on-Tangible-Equity or its related term are showing as below:


Shenzhen-ZhongRong Morgan Investment Holding Group Co Return-on-Tangible-Equity Historical Data

The historical data trend for Shenzhen-ZhongRong Morgan Investment Holding Group Co'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.

Shenzhen-ZhongRong Morgan Investment Holding Group Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Return-on-Tangible-Equity
Premium Member Only - -111,798,448,931,573,040.00 -1,929.41 -1,988.24 -

Shenzhen-ZhongRong Morgan Investment Holding Group Co Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
Return-on-Tangible-Equity 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Shell Companies subindustry, Shenzhen-ZhongRong Morgan Investment Holding Group Co'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.

   

Shenzhen-ZhongRong Morgan Investment Holding Group Co Return-on-Tangible-Equity Distribution

For the Diversified Financial Services industry and Financial Services sector, Shenzhen-ZhongRong Morgan Investment Holding Group Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Shenzhen-ZhongRong Morgan Investment Holding Group Co's Return-on-Tangible-Equity falls into.



Shenzhen-ZhongRong Morgan Investment Holding Group Co Return-on-Tangible-Equity Calculation

Shenzhen-ZhongRong Morgan Investment Holding Group Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2016 is calculated as

Return-on-Tangible-Equity=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=-0.004/( (-0.001+-0.005 )/ 2 )
=-0.004/-0.003
=N/A %

Shenzhen-ZhongRong Morgan Investment Holding Group Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2017 is calculated as

Return-on-Tangible-Equity=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2017 )  (Q: Dec. 2016 )(Q: Mar. 2017 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2017 )  (Q: Dec. 2016 )(Q: Mar. 2017 )
=0/( (-0.005+-0.005)/ 2 )
=0/-0.005
=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 attributable to common stockholders 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 attributable to common stockholders data used here is four times the quarterly (Mar. 2017) net income attributable to common stockholders data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Shenzhen-ZhongRong Morgan Investment Holding Group Co  (GREY:ZRMG) 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 attributable to common stockholders 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.


Shenzhen-ZhongRong Morgan Investment Holding Group Co Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Shenzhen-ZhongRong Morgan Investment Holding Group Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen-ZhongRong Morgan Investment Holding Group Co Business Description

Shenzhen-ZhongRong Morgan Investment Holding Group Co logo
Industry
Traded in Other Exchanges
N/A
Address
136-40 39th Avenue, Suite 6B, Garden Plaza, Flushing, NY, USA, 11354
Website
Shenzhen-ZhongRong Morgan Investment Holding Group Co Ltd is a shell company.

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