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Yihai International Holdings (STU:YIR) Return-on-Tangible-Asset : 16.23% (As of Dec. 2024)


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What is Yihai International Holdings Return-on-Tangible-Asset?

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. Yihai International Holdings's annualized Net Income for the quarter that ended in Dec. 2024 was €113.1 Mil. Yihai International Holdings's average total tangible assets for the quarter that ended in Dec. 2024 was €697.1 Mil. Therefore, Yihai International Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 16.23%.

The historical rank and industry rank for Yihai International Holdings's Return-on-Tangible-Asset or its related term are showing as below:

STU:YIR' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 12.69   Med: 17.93   Max: 28.65
Current: 13.22

During the past 12 years, Yihai International Holdings's highest Return-on-Tangible-Asset was 28.65%. The lowest was 12.69%. And the median was 17.93%.

STU:YIR's Return-on-Tangible-Asset is ranked better than
88.78% of 1934 companies
in the Consumer Packaged Goods industry
Industry Median: 3.62 vs STU:YIR: 13.22

Yihai International Holdings Return-on-Tangible-Asset Historical Data

The historical data trend for Yihai International Holdings'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.

* Premium members only.

Yihai International Holdings Return-on-Tangible-Asset Chart

Yihai International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.98 17.83 14.28 14.70 12.99

Yihai International Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 18.46 13.26 17.95 11.16 16.23

Competitive Comparison of Yihai International Holdings's Return-on-Tangible-Asset

For the Packaged Foods subindustry, Yihai International Holdings'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.


Yihai International Holdings's Return-on-Tangible-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yihai International Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Yihai International Holdings's Return-on-Tangible-Asset falls into.


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Yihai International Holdings Return-on-Tangible-Asset Calculation

Yihai International Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=96.989/( (757.243+736.473)/ 2 )
=96.989/746.858
=12.99 %

Yihai International Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=113.106/( (657.742+736.473)/ 2 )
=113.106/697.1075
=16.23 %

* 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.


Yihai International Holdings  (STU:YIR) 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.


Yihai International Holdings Return-on-Tangible-Asset Related Terms

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Yihai International Holdings Business Description

Traded in Other Exchanges
Address
Lane 355, Nanzheng Road, Units 2806-2809, No. 9, Hongqi Tower, Putuo District, Shanghai, CHN, 200062
Yihai International is a leading compound condiment manufacturer in China with a focus on hot pot condiments. It was started by the founder of Haidilao (one of the largest hot pot chains in China), Zhang Yong, as a condiment supplier to the hot pot chain. Yihai started to produce packaged hot pot condiments and ready-to-eat hot pot using the Haidilao brand as Haidilao became well known across China. It has also developed brands such as Magic Cook and Yue Yi Hai to sell other Chinese-style condiments and supply cooking condiments to other restaurants.

Yihai International Holdings Headlines

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