ECXJ (CXJ Group Co) Return-on-Tangible-Asset: -38.74% (As of Feb. 2011)

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What is CXJ Group Co Return-on-Tangible-Asset?

CXJ Group Co ECXJ Return-on-Tangible-Asset is -38.74% as of Feb. 2011.

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. CXJ Group Co's annualized Net Income for the quarter that ended in Feb. 2011 was $-0.80 Mil. CXJ Group Co's average total tangible assets for the quarter that ended in Feb. 2011 was $2.05 Mil. Therefore, CXJ Group Co's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2011 was -38.74%.

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

ECXJ's Return-on-Tangible-Asset is not ranked *
in the Retail - Cyclical industry.
Industry Median: 2.92
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

CXJ Group Co  (OTCPK:ECXJ) 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.


CXJ Group Co Return-on-Tangible-Asset Related Terms


CXJ Group Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for CXJ Group 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.

CXJ Group Co Return-on-Tangible-Asset Chart

CXJ Group Co Annual Data
Trend May03 May04 May05 May06 May07 May08 May09 May10
Return-on-Tangible-Asset
Get a 7-Day Free Trial 2.79 -37.99 -16.83 0.12 -79.67

CXJ Group Co Quarterly Data
May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11
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 -35.93 -254.39 -112.64 -93.04 -38.74

ECXJ vs HAS, POOL, PTON: Return-on-Tangible-Asset Comparison

For the Specialty Retail subindustry, CXJ Group 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.


CXJ Group Co Return-on-Tangible-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, CXJ Group Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where CXJ Group Co's Return-on-Tangible-Asset falls into.



CXJ Group Co Return-on-Tangible-Asset Calculation

CXJ Group Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in May. 2010 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: May. 2010 )  (A: May. 2009 )(A: May. 2010 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: May. 2010 )  (A: May. 2009 )(A: May. 2010 )
=-2.622/( (4.649+1.933)/ 2 )
=-2.622/3.291
=-79.67 %

CXJ Group Co's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2011 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2011 )  (Q: Nov. 2010 )(Q: Feb. 2011 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2011 )  (Q: Nov. 2010 )(Q: Feb. 2011 )
=-0.796/( (1.98+2.129)/ 2 )
=-0.796/2.0545
=-38.74 %

* 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 (Feb. 2011) net income data.

What does a Return-on-Tangible-Asset of -38.74% mean?
CXJ Group Co (ECXJ) has a Return-on-Tangible-Asset of -38.74% as of Feb. 2011. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on CXJ Group Co and its competitors.
Is CXJ Group Co's Return-on-Tangible-Asset too high?
CXJ Group Co's current Return-on-Tangible-Asset is -38.74%.
How does CXJ Group Co's Return-on-Tangible-Asset compare to HAS and POOL?
CXJ Group Co's Return-on-Tangible-Asset of -38.74% can be compared against companies in the Retail - Cyclical industry. The industry median Return-on-Tangible-Asset is 2.92. 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.92, based on 1,134 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 CXJ Group Co and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CXJ Group Co's current Return-on-Tangible-Asset is -38.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CXJ Group Co stock overvalued right now?
CXJ Group Co (ECXJ) has a current Return-on-Tangible-Asset of -38.74%. The current Return-on-Tangible-Asset is -38.74%. 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 CXJ Group Co (ECXJ), the current Return-on-Tangible-Asset is -38.74% as of Feb. 2011. 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.

CXJ Group Co Business Description

Address Xintiandi Business Center, No. 7 Anqiaogang Road, Room 401, 4th Floor, East Block Building 5, Gongshu District, Zhejiang Province, Hangzhou City, CHN, 310017
CXJ Group Co Ltd is engaged in the wholesale of automobile aftermarket products and provision of auto detailing store consultancy services. It operates through sales of automobile aftermarket products, authorization fees on its brand name Chejiangling / Teenage Hero Car, and consultancy services for auto detailing stores, including professional training, store standardization, employee training, and ERP system services for information management and operations. Its segments include Brand Name Management Fees and Services, which generate maximum revenue by providing the brand name Chejiangling / Teenage Hero Car to customers, who are authorized to operate their workshops under the Chejiangling / Teenage Hero Car brand name; Motor Oil & Auto Parts; and Exhaust Gas Cleaner and Others.