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CBGH's Return-on-Tangible-Asset is not ranked *
in the Software industry.
Industry Median: 2.055 * Ranked among companies with meaningful Return-on-Tangible-Asset only.
China Yibai United Guarantee International Holding (OTCPK:CBGH) 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 companys 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 companys 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.
China Yibai United Guarantee International Holding Return-on-Tangible-Asset Related Terms
China Yibai United Guarantee International Holding Return-on-Tangible-Asset Historical Data
* 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.
China Yibai United Guarantee International Holding Return-on-Tangible-Asset Chart
China Yibai United Guarantee International Holding Annual Data
Trend
Sep01
Sep02
Sep03
Return-on-Tangible-Asset
3.70
7.66
0.59
China Yibai United Guarantee International Holding Quarterly Data
CBGH vs MRIN, IDAI, BLBX: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, China Yibai United Guarantee International Holding'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.
China Yibai United Guarantee International Holding Return-on-Tangible-Asset vs Software Industry
* 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 four times the quarterly (Jun. 2004) net income data.
What does a Return-on-Tangible-Asset of -1.77% mean?
China Yibai United Guarantee International Holding (CBGH) has a Return-on-Tangible-Asset of -1.77% as of Jun. 2004. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on China Yibai United Guarantee International Holding and its competitors.
Is China Yibai United Guarantee International Holding's Return-on-Tangible-Asset too high?
China Yibai United Guarantee International Holding's current Return-on-Tangible-Asset is -1.77%.
How does China Yibai United Guarantee International Holding's Return-on-Tangible-Asset compare to MRIN and IDAI?
China Yibai United Guarantee International Holding's Return-on-Tangible-Asset of -1.77% can be compared against companies in the Software industry. The industry median Return-on-Tangible-Asset is 2.06. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Software company?
The median Return-on-Tangible-Asset among Software companies is 2.06, based on 2,886 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on China Yibai United Guarantee International Holding and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Yibai United Guarantee International Holding's current Return-on-Tangible-Asset is -1.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Yibai United Guarantee International Holding stock overvalued right now?
China Yibai United Guarantee International Holding (CBGH) has a current Return-on-Tangible-Asset of -1.77%. The current Return-on-Tangible-Asset is -1.77%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For China Yibai United Guarantee International Holding (CBGH), the current Return-on-Tangible-Asset is -1.77% as of Jun. 2004. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
China Yibai United Guarantee International Holding Business Description
China Yibai United Guarantee International Holding Inc through its subsidiary, provides mobile device users with on-demand cleaning and other home maintenance services for residential and commercial use through its TidyCall App. The platform includes two versions: TidyCall User for consumers using commercial cleaning services (CSUs) and TidyCall Provider for approved cleaning service providers (CSPs). TidyCall enables interaction between CSUs and CSPs through its on-demand interface, supported by a Two-Way Review/Rating System that allows both parties to rate and review each service discreetly, promoting productivity and service quality. It also uses Geo-Fencing technology to collect real-time geographic information of CSPs and CSUs during service requests, enhancing user safety.
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