SYH (Mountain&Sea Health) Return-on-Tangible-Asset: 5.72% (As of Jun. 2024)

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What is Mountain&Sea Health Return-on-Tangible-Asset?

Mountain&Sea Health SYH Return-on-Tangible-Asset is 5.72% as of Jun. 2024.

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. Mountain&Sea Health's annualized Net Income for the quarter that ended in Jun. 2024 was $0.68 Mil. Mountain&Sea Health's average total tangible assets for the quarter that ended in Jun. 2024 was $11.93 Mil. Therefore, Mountain&Sea Health's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 was 5.72%.

The historical rank and industry rank for Mountain&Sea Health's Return-on-Tangible-Asset or its related term are showing as below:

SYH's Return-on-Tangible-Asset is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 3.39
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Mountain&Sea Health  (NAS:SYH) 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.


Mountain&Sea Health Return-on-Tangible-Asset Related Terms


Mountain&Sea Health Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Mountain&Sea Health'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.

Mountain&Sea Health Return-on-Tangible-Asset Chart

Mountain&Sea Health Annual Data
Trend Jun22 Jun23 Jun24
Return-on-Tangible-Asset
34.74 28.22 36.61

Mountain&Sea Health Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Return-on-Tangible-Asset 0.00 42.46 18.45 64.75 5.72

SYH vs : Return-on-Tangible-Asset Comparison

For the Packaged Foods subindustry, Mountain&Sea Health'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.


Mountain&Sea Health Return-on-Tangible-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mountain&Sea Health's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Mountain&Sea Health's Return-on-Tangible-Asset falls into.



Mountain&Sea Health Return-on-Tangible-Asset Calculation

Mountain&Sea Health's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=3.125/( (5.202+11.868)/ 2 )
=3.125/8.535
=36.61 %

Mountain&Sea Health's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=0.682/( (11.997+11.868)/ 2 )
=0.682/11.9325
=5.72 %

* 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 (Jun. 2024) net income data.

What does a Return-on-Tangible-Asset of 5.72% mean?
Mountain&Sea Health (SYH) has a Return-on-Tangible-Asset of 5.72% as of Jun. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Mountain&Sea Health and its competitors.
Is Mountain&Sea Health's Return-on-Tangible-Asset too high?
Mountain&Sea Health's current Return-on-Tangible-Asset is 5.72%. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.39. Mountain&Sea Health's value of 5.72% is 68.7% above this industry median.
How does Mountain&Sea Health's Return-on-Tangible-Asset compare to ?
Mountain&Sea Health's Return-on-Tangible-Asset of 5.72% can be compared against companies in the Consumer Packaged Goods industry. The industry median Return-on-Tangible-Asset is 3.39. Mountain&Sea Health's value of 5.72% is 68.7% 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 a Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.39, based on 1,995 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. Mountain&Sea Health's current Return-on-Tangible-Asset of 5.72% is 68.7% 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 Mountain&Sea Health and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mountain&Sea Health's current Return-on-Tangible-Asset is 5.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mountain&Sea Health stock overvalued right now?
Mountain&Sea Health (SYH) has a current Return-on-Tangible-Asset of 5.72%. The current Return-on-Tangible-Asset is 5.72% and 68.7% above the Consumer Packaged Goods industry median of 3.39. 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 Mountain&Sea Health (SYH), the current Return-on-Tangible-Asset is 5.72% as of Jun. 2024. 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.

Mountain&Sea Health Business Description

Comparable Companies
Address No. 413 Gudun Road, 7th Floor, Wenxin Library Building, Xihu District, Zhejiang Province, Hangzhou, CHN, 310012
Mountain&Sea Health Inc is engaged in providing health solutions to the middle-aged and elderly populations, encompassing various health management services, health products, accommodation services and health camps in China. The company business is categorized into five main sections: Health Management Services, Selected Products, Health Foods, Accommodation Services, and Health Camps. Key revenue is generated from Health Foods which includes dietary and supplementary food products designed to meet the specific nutritional needs of the middle-aged and elderly. These products are manufactured and supplied by partners and are available in various offline sales scenarios.