What is CIFI Holdings (Group) Co 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. CIFI Holdings (Group) Co's annualized net income for the quarter that ended in Dec. 2023 was $33 Mil. CIFI Holdings (Group) Co's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $2,865 Mil. Therefore, CIFI Holdings (Group) Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 1.14%.
The historical rank and industry rank for CIFI Holdings (Group) Co's Return-on-Tangible-Equity or its related term are showing as below:
CFFHF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -36.82 Med: 19.55 Max: 24.85
Current: -36.82
During the past 13 years, CIFI Holdings (Group) Co's highest Return-on-Tangible-Equity was 24.85%. The lowest was -36.82%. And the median was 19.55%.
CFFHF's Return-on-Tangible-Equity is ranked worse than 93.66% of 1766
companies
in the Real Estate industry
Industry Median: 3.06
vs CFFHF: -36.82
CIFI Holdings (Group) Co Return-on-Tangible-Equity Historical Data
The historical data trend for CIFI Holdings (Group) Co'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.
CIFI Holdings (Group) Co Return-on-Tangible-Equity Chart
Competitive Comparison of CIFI Holdings (Group) Co's Return-on-Tangible-Equity
For the Real Estate - Development subindustry, CIFI Holdings (Group) Co'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.
CIFI Holdings (Group) Co's Return-on-Tangible-Equity Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, CIFI Holdings (Group) Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CIFI Holdings (Group) Co's Return-on-Tangible-Equity falls into.
CIFI Holdings (Group) Co Return-on-Tangible-Equity Calculation
CIFI Holdings (Group) Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* 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 two times the semi-annual (Dec. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
CIFI Holdings (Group) Co (GREY:CFFHF) 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.
CIFI Holdings (Group) Co Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of CIFI Holdings (Group) Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
CIFI Holdings (Group) Co (CIFI Holdings (Group) Co) Business Description
CIFI Holdings (Group) Co Ltd is engaged in property development and property investment, provision of property management services in China. The group has property projects in cities in four regions: the Yangtze River Delta, the Pan Bohai Rim, the Central Western Region, and the South China Region. Most of the group's sales were contracted from the Yangtze River Delta. Regardless of the region, residential properties make up a significant majority of contracted sales. The group focuses on properties in first and second-tier cities in China. The group's projects include a variety of property types such as residential, office, and commercial complexes. The group's operations are carried out in the People's Republic of China.
CIFI Holdings (Group) Co (CIFI Holdings (Group) Co) Headlines
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