YGFGF (YanGuFang International Group Co) Return-on-Tangible-Asset: 7.53% (As of Dec. 2022)

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What is YanGuFang International Group Co Return-on-Tangible-Asset?

YanGuFang International Group Co YGFGF Return-on-Tangible-Asset is 7.53% as of Dec. 2022.

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. YanGuFang International Group Co's annualized Net Income for the quarter that ended in Dec. 2022 was $5.03 Mil. YanGuFang International Group Co's average total tangible assets for the quarter that ended in Dec. 2022 was $66.71 Mil. Therefore, YanGuFang International Group Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2022 was 7.53%.

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

YGFGF's Return-on-Tangible-Asset is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 3.62
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

YanGuFang International Group Co  (OTCPK:YGFGF) 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.


YanGuFang International Group Co Return-on-Tangible-Asset Related Terms


YanGuFang International Group Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for YanGuFang International 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.

YanGuFang International Group Co Return-on-Tangible-Asset Chart

YanGuFang International Group Co Annual Data
Trend Jun20 Jun21 Jun22
Return-on-Tangible-Asset
18.65 26.34 10.58

YanGuFang International Group Co Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Return-on-Tangible-Asset Get a 7-Day Free Trial 14.16 35.76 15.09 5.96 7.53

YGFGF vs BRID, LFVN, FTLF: Return-on-Tangible-Asset Comparison

For the Packaged Foods subindustry, YanGuFang International 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.


YanGuFang International Group Co Return-on-Tangible-Asset vs Consumer Packaged Goods Industry

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

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



YanGuFang International Group Co Return-on-Tangible-Asset Calculation

YanGuFang International Group Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=5.738/( (45.154+63.351)/ 2 )
=5.738/54.2525
=10.58 %

YanGuFang International Group Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2022 )  (Q: Jun. 2022 )(Q: Dec. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2022 )  (Q: Jun. 2022 )(Q: Dec. 2022 )
=5.026/( (63.351+70.069)/ 2 )
=5.026/66.71
=7.53 %

* 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. 2022) net income data.

What does a Return-on-Tangible-Asset of 7.53% mean?
YanGuFang International Group Co (YGFGF) has a Return-on-Tangible-Asset of 7.53% as of Dec. 2022. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on YanGuFang International Group Co and its competitors.
Is YanGuFang International Group Co's Return-on-Tangible-Asset too high?
YanGuFang International Group Co's current Return-on-Tangible-Asset is 7.53%. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.62. YanGuFang International Group Co's value of 7.53% is 108% above this industry median.
How does YanGuFang International Group Co's Return-on-Tangible-Asset compare to BRID and LFVN?
YanGuFang International Group Co's Return-on-Tangible-Asset of 7.53% can be compared against companies in the Consumer Packaged Goods industry. The industry median Return-on-Tangible-Asset is 3.62. YanGuFang International Group Co's value of 7.53% is 108% 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 3.62, based on 2,009 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. YanGuFang International Group Co's current Return-on-Tangible-Asset of 7.53% is 108% 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 YanGuFang International Group Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YanGuFang International Group Co's current Return-on-Tangible-Asset is 7.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YanGuFang International Group Co stock overvalued right now?
YanGuFang International Group Co (YGFGF) has a current Return-on-Tangible-Asset of 7.53%. The current Return-on-Tangible-Asset is 7.53% and 108% above the Consumer Packaged Goods industry median of 3.62. 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 YanGuFang International Group Co (YGFGF), the current Return-on-Tangible-Asset is 7.53% as of Dec. 2022. 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.

YanGuFang International Group Co Business Description

Address 33 Suhong Road, 3rd Floor, Building 3, Minhang District, Shanghai, CHN, 201100
YanGuFang International Group Co Ltd is primarily engaged in the production, research and development, and sales of oat and grain products through its direct salesforce and distribution network. Its product portfolio is broadly categorized into oat series products including oat germ groats, oatmeal, oat flour, oat bran, some of which are organic or green food series, and oat nutrient and health series products including oat peptide series, dietary fiber powder, oat biscuits, oil series, oat hand cream, and soap, and oat toothpaste.