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Yueyang Forest & Paper Co (SHSE:600963) Return-on-Tangible-Equity : 2.70% (As of Mar. 2025)


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What is Yueyang Forest & Paper Co 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. Yueyang Forest & Paper Co's annualized net income for the quarter that ended in Mar. 2025 was ¥188 Mil. Yueyang Forest & Paper Co's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ¥6,939 Mil. Therefore, Yueyang Forest & Paper Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 2.70%.

The historical rank and industry rank for Yueyang Forest & Paper Co's Return-on-Tangible-Equity or its related term are showing as below:

SHSE:600963' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.06   Med: 4.36   Max: 8.4
Current: 0.9

During the past 13 years, Yueyang Forest & Paper Co's highest Return-on-Tangible-Equity was 8.40%. The lowest was -8.06%. And the median was 4.36%.

SHSE:600963's Return-on-Tangible-Equity is ranked worse than
60.84% of 286 companies
in the Forest Products industry
Industry Median: 2.68 vs SHSE:600963: 0.90

Yueyang Forest & Paper Co Return-on-Tangible-Equity Historical Data

The historical data trend for Yueyang Forest & Paper 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.

Yueyang Forest & Paper Co Return-on-Tangible-Equity Chart

Yueyang Forest & Paper Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.94 4.27 8.40 1.02 2.33

Yueyang Forest & Paper Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 7.95 -10.60 -2.53 14.72 2.70

Competitive Comparison of Yueyang Forest & Paper Co's Return-on-Tangible-Equity

For the Paper & Paper Products subindustry, Yueyang Forest & Paper 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.


Yueyang Forest & Paper Co's Return-on-Tangible-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Yueyang Forest & Paper Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Yueyang Forest & Paper Co's Return-on-Tangible-Equity falls into.


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Yueyang Forest & Paper Co Return-on-Tangible-Equity Calculation

Yueyang Forest & Paper Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=166.731/( (7423.119+6902.935 )/ 2 )
=166.731/7163.027
=2.33 %

Yueyang Forest & Paper Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=187.688/( (6902.935+6975.543)/ 2 )
=187.688/6939.239
=2.70 %

* 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 four times the quarterly (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Yueyang Forest & Paper Co  (SHSE:600963) 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.


Yueyang Forest & Paper Co Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Yueyang Forest & Paper Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Yueyang Forest & Paper Co Business Description

Traded in Other Exchanges
N/A
Address
Hongjiazhou, Chenglingji, Yueyang, Hunan, CHN, 414002
Yueyang Forest & Paper Co Ltd is a China-based cultural paper, industrial paper, packaging paper production enterprise. The company's products are offset printing paper, digital printing paper, copy paper, refined lightweight coated paper, lightweight coated paper, light offset paper, industrial base paper, refined kraft paper, stretch paper bag paper and others. The products are offered to publishers, magazines, large printing plants, paper products processing companies, paper products dealers and others. The company's product enjoys a high reputation in China and its products are exported to many countries and regions.
Executives
Liu Jian Guo Director
Zhuo Hao senior management
Liu Yu Lu Director
Li Zhan Directors, senior managers
Zhong Qiu Sheng senior management
Ma Dong senior management
Zhao Qing Yi senior management
Ye Meng Director
You Chang Shan Director
Yi Lan Kai senior management
Li Zheng Guo senior management
Li Fei Director
Zhu Hong Wei senior management
Shi Xiang Yan senior management
Peng Li Supervisors

Yueyang Forest & Paper Co Headlines

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