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Aesthetic Medical International Holdings Group (Aesthetic Medical International Holdings Group) Return-on-Tangible-Equity : -279.96% (As of Jun. 2023)


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What is Aesthetic Medical International Holdings Group Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Aesthetic Medical International Holdings Group's annualized net income for the quarter that ended in Jun. 2023 was $-5.90 Mil. Aesthetic Medical International Holdings Group's average shareholder tangible equity for the quarter that ended in Jun. 2023 was $2.11 Mil. Therefore, Aesthetic Medical International Holdings Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was -279.96%.

The historical rank and industry rank for Aesthetic Medical International Holdings Group's Return-on-Tangible-Equity or its related term are showing as below:

During the past 8 years, Aesthetic Medical International Holdings Group's highest Return-on-Tangible-Equity was 1,405.28%. The lowest was -88.97%. And the median was 658.16%.

AIH's Return-on-Tangible-Equity is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 10.215
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Aesthetic Medical International Holdings Group Return-on-Tangible-Equity Historical Data

The historical data trend for Aesthetic Medical International Holdings Group's Return-on-Tangible-Equity 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.

Aesthetic Medical International Holdings Group Return-on-Tangible-Equity Chart

Aesthetic Medical International Holdings Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 1,405.28 -88.97 - - -

Aesthetic Medical International Holdings Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
Return-on-Tangible-Equity 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 - - Negative Tangible Equity -279.96 -

Competitive Comparison of Aesthetic Medical International Holdings Group's Return-on-Tangible-Equity

For the Medical Care Facilities subindustry, Aesthetic Medical International Holdings Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Aesthetic Medical International Holdings Group's Return-on-Tangible-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aesthetic Medical International Holdings Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Aesthetic Medical International Holdings Group's Return-on-Tangible-Equity falls into.



Aesthetic Medical International Holdings Group Return-on-Tangible-Equity Calculation

Aesthetic Medical International Holdings Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-5.242/( (-21.649+1.682 )/ 2 )
=-5.242/-9.9835
=N/A %

Aesthetic Medical International Holdings Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=-5.896/( (2.901+1.311)/ 2 )
=-5.896/2.106
=-279.96 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jun. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Aesthetic Medical International Holdings Group  (NAS:AIH) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Aesthetic Medical International Holdings Group Return-on-Tangible-Equity Related Terms

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Aesthetic Medical International Holdings Group (Aesthetic Medical International Holdings Group) Business Description

Traded in Other Exchanges
Address
1122 Nanshan Boulevard, Nanshan District, Guangdong Province, Shenzhen, CHN, 518052
Aesthetic Medical International Holdings Group Ltd provides aesthetic medical services in China. The company generates revenue from four service offerings: non-surgical aesthetic medical services, surgical aesthetic medical services, other aesthetic medical services, and general healthcare services in the People's Republic of China. The company derives a majority of its revenue from Non-surgical aesthetic medical services. Geographically, it derives revenue from China.

Aesthetic Medical International Holdings Group (Aesthetic Medical International Holdings Group) Headlines

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