The historical rank and industry rank for Zhong Ji Longevity Science Group's Return-on-Tangible-Asset or its related term are showing as below:
HKSE:00767'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -114.84 Med: -0.77 Max: 16.28
Current: -6.79
During the past 13 years, Zhong Ji Longevity Science Group's highest Return-on-Tangible-Asset was 16.28%. The lowest was -114.84%. And the median was -0.77%.
HKSE:00767's Return-on-Tangible-Asset is ranked worse than 89.13% of 543
companies
in the Credit Services industry
Industry Median: 1.69
vs HKSE:00767: -6.79
Zhong Ji Longevity Science Group 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.
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Zhong Ji Longevity Science Group Return-on-Tangible-Asset Chart
Competitive Comparison of Zhong Ji Longevity Science Group's Return-on-Tangible-Asset
For the Credit Services subindustry, Zhong Ji Longevity Science Group'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.
Zhong Ji Longevity Science Group's Return-on-Tangible-Asset Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Zhong Ji Longevity Science Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zhong Ji Longevity Science Group's Return-on-Tangible-Asset falls into.
* 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 two times the semi-annual (Dec. 2024) net income data.
Zhong Ji Longevity Science Group (HKSE:00767) 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.
Zhong Ji Longevity Science Group Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Zhong Ji Longevity Science Group's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Zhong Ji Longevity Science Group Business Description
Zhong Ji Longevity Science Group Ltd is an investment holding company. Through its subsidiaries, it engages in Longevity science business, Money lending & Financial Advisory, Securities and other investments, and Property investment. The company generates the majority of its revenue from the Longevity Science business. The Longevity science business includes the provision of diagnostic consultation, health and medical testing and checking, distribution of cancer prevention & immunity healthcare supplements, and the sales and distribution of longevity wine.
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