CUII (China United Insurance Service) Return-on-Tangible-Asset: 5.36% (As of Mar. 2023)


CUII China United Insurance Service Inc CUII
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What is China United Insurance Service Return-on-Tangible-Asset?

China United Insurance Service CUII 12 Return-on-Tangible-Asset is 5.36% as of Mar. 2023. GuruFocus rates CUII with a GF Score™ of 12/100.

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. China United Insurance Service's annualized Net Income for the quarter that ended in Mar. 2023 was $7.4 Mil. China United Insurance Service's average total tangible assets for the quarter that ended in Mar. 2023 was $138.8 Mil. Therefore, China United Insurance Service's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2023 was 5.36%.

The historical rank and industry rank for China United Insurance Service's Return-on-Tangible-Asset or its related term are showing as below:

CUII's Return-on-Tangible-Asset is not ranked *
in the Insurance industry.
Industry Median: 2.77
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

China United Insurance Service  (OTCPK:CUII) 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.


China United Insurance Service Return-on-Tangible-Asset Related Terms


China United Insurance Service Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for China United Insurance Service'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.

China United Insurance Service Return-on-Tangible-Asset Chart

China United Insurance Service Annual Data
Trend Jun13 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 3.74 3.90 0.95 5.31 8.35

China United Insurance Service Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 9.27 5.10 21.96 -1.10 5.36

CUII vs RELI, TIRX, HUIZ: Return-on-Tangible-Asset Comparison

For the Insurance Brokers subindustry, China United Insurance Service'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 United Insurance Service Return-on-Tangible-Asset vs Insurance Industry

For the Insurance industry and Financial Services sector, China United Insurance Service's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where China United Insurance Service's Return-on-Tangible-Asset falls into.


CUII
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China United Insurance Service Inc CUII
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China United Insurance Service Return-on-Tangible-Asset Calculation

China United Insurance Service'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 )
=11.101/( (127.449+138.559)/ 2 )
=11.101/133.004
=8.35 %

China United Insurance Service's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=7.444/( (138.559+139.006)/ 2 )
=7.444/138.7825
=5.36 %

* 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 (Mar. 2023) net income data.

What does a Return-on-Tangible-Asset of 5.36% mean?
China United Insurance Service (CUII) has a Return-on-Tangible-Asset of 5.36% as of Mar. 2023. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on China United Insurance Service and its competitors.
Is China United Insurance Service's Return-on-Tangible-Asset too high?
China United Insurance Service's current Return-on-Tangible-Asset is 5.36%. The Insurance industry median Return-on-Tangible-Asset is 2.77. China United Insurance Service's value of 5.36% is 93.5% above this industry median. Overall, China United Insurance Service has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does China United Insurance Service's Return-on-Tangible-Asset compare to RELI and TIRX?
China United Insurance Service's Return-on-Tangible-Asset of 5.36% can be compared against companies in the Insurance industry. The industry median Return-on-Tangible-Asset is 2.77. China United Insurance Service's value of 5.36% is 93.5% above this benchmark. 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 an Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.77, based on 510 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. China United Insurance Service's current Return-on-Tangible-Asset of 5.36% is 93.5% above the industry median. 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 United Insurance Service and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China United Insurance Service's current Return-on-Tangible-Asset is 5.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China United Insurance Service stock overvalued right now?
China United Insurance Service (CUII) has a current Return-on-Tangible-Asset of 5.36%. The current Return-on-Tangible-Asset is 5.36% and 93.5% above the Insurance industry median of 2.77. China United Insurance Service's overall GF Score™ is 12/100. 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 United Insurance Service (CUII), the current Return-on-Tangible-Asset is 5.36% as of Mar. 2023. 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 United Insurance Service Business Description

Address Nan-King East Road, 7th Floor, No. 311, Section 3, Songshan District, Taipei, TWN, 105405
China United Insurance Service Inc through its subsidiaries provides insurance brokerage and agency services across the People's Republic of China. The company offers client-specific life insurance products and property and casualty insurance products. It generates majority of its revenues from Taiwan followed by the People's Republic of China. Property and Casualty Insurance Products: Law Broker's main property and casualty insurance products are automobile insurance, casualty insurance, and liability insurance. The property and casualty insurance products Law Broker distributes can be further classified into the categories: automobile insurance, casualty insurance, and liability insurance.
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