CBGH (China Yibai United Guarantee International Holding) Return-on-Tangible-Equity: -60.30% (As of Jun. 2004)


What is China Yibai United Guarantee International Holding Return-on-Tangible-Equity?

China Yibai United Guarantee International Holding CBGH Return-on-Tangible-Equity is -60.30% as of Jun. 2004.

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. China Yibai United Guarantee International Holding's annualized net income for the quarter that ended in Jun. 2004 was $-0.06 Mil. China Yibai United Guarantee International Holding's average shareholder tangible equity for the quarter that ended in Jun. 2004 was $0.10 Mil. Therefore, China Yibai United Guarantee International Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2004 was -60.30%.

The historical rank and industry rank for China Yibai United Guarantee International Holding's Return-on-Tangible-Equity or its related term are showing as below:

CBGH's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 8.62
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

China Yibai United Guarantee International Holding  (OTCPK:CBGH) 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.

China Yibai United Guarantee International Holding Return-on-Tangible-Equity Related Terms

China Yibai United Guarantee International Holding Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for China Yibai United Guarantee International Holding'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.

China Yibai United Guarantee International Holding Return-on-Tangible-Equity Chart

China Yibai United Guarantee International Holding Annual Data
Trend Sep01 Sep02 Sep03
Return-on-Tangible-Equity
415.38 643.24 34.78

China Yibai United Guarantee International Holding Quarterly Data
Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04
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 246.81 -219.35 274.40 -104.07 -60.30

CBGH vs MRIN, IDAI, BLBX: Return-on-Tangible-Equity Comparison

For the Software - Application subindustry, China Yibai United Guarantee International Holding'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.

China Yibai United Guarantee International Holding Return-on-Tangible-Equity vs Software Industry

For the Software industry and Technology sector, China Yibai United Guarantee International Holding's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where China Yibai United Guarantee International Holding's Return-on-Tangible-Equity falls into.


China Yibai United Guarantee International Holding Return-on-Tangible-Equity Calculation

China Yibai United Guarantee International Holding's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2003 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2003 )  (A: Sep. 2002 )(A: Sep. 2003 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2003 )  (A: Sep. 2002 )(A: Sep. 2003 )
=0.02/( (0.048+0.067 )/ 2 )
=0.02/0.0575
=34.78 %

China Yibai United Guarantee International Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2004 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2004 )  (Q: Mar. 2004 )(Q: Jun. 2004 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2004 )  (Q: Mar. 2004 )(Q: Jun. 2004 )
=-0.06/( (0.106+0.093)/ 2 )
=-0.06/0.0995
=-60.30 %

* 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. 2004) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -60.30% mean?
China Yibai United Guarantee International Holding (CBGH) has a Return-on-Tangible-Equity of -60.30% as of Jun. 2004. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on China Yibai United Guarantee International Holding and its competitors.
Is China Yibai United Guarantee International Holding's Return-on-Tangible-Equity too high?
China Yibai United Guarantee International Holding's current Return-on-Tangible-Equity is -60.30%.
How does China Yibai United Guarantee International Holding's Return-on-Tangible-Equity compare to MRIN and IDAI?
China Yibai United Guarantee International Holding's Return-on-Tangible-Equity of -60.30% can be compared against companies in the Software industry. The industry median Return-on-Tangible-Equity is 8.62. 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-Equity for a Software company?
The median Return-on-Tangible-Equity among Software companies is 8.62, based on 2,469 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on China Yibai United Guarantee International Holding and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Yibai United Guarantee International Holding's current Return-on-Tangible-Equity is -60.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Yibai United Guarantee International Holding stock overvalued right now?
China Yibai United Guarantee International Holding (CBGH) has a current Return-on-Tangible-Equity of -60.30%. The current Return-on-Tangible-Equity is -60.30%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For China Yibai United Guarantee International Holding (CBGH), the current Return-on-Tangible-Equity is -60.30% as of Jun. 2004. 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.

China Yibai United Guarantee International Holding Business Description

Address 106 - 7550 Birchmount Road, Markham, ON, CAN, L3R 6C6
China Yibai United Guarantee International Holding Inc through its subsidiary, provides mobile device users with on-demand cleaning and other home maintenance services for residential and commercial use through its TidyCall App. The platform includes two versions: TidyCall User for consumers using commercial cleaning services (CSUs) and TidyCall Provider for approved cleaning service providers (CSPs). TidyCall enables interaction between CSUs and CSPs through its on-demand interface, supported by a Two-Way Review/Rating System that allows both parties to rate and review each service discreetly, promoting productivity and service quality. It also uses Geo-Fencing technology to collect real-time geographic information of CSPs and CSUs during service requests, enhancing user safety.