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CHEB (Chenghe Acquisition II Co) Return-on-Tangible-Equity : 1.09% (As of Mar. 2025)


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What is Chenghe Acquisition II 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. Chenghe Acquisition II Co's annualized net income for the quarter that ended in Mar. 2025 was $0.90 Mil. Chenghe Acquisition II Co's average shareholder tangible equity for the quarter that ended in Mar. 2025 was $82.69 Mil. Therefore, Chenghe Acquisition II Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 1.09%.

The historical rank and industry rank for Chenghe Acquisition II Co's Return-on-Tangible-Equity or its related term are showing as below:

CHEB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.44   Med: -1.44   Max: -0.82
Current: -0.82

During the past 1 years, Chenghe Acquisition II Co's highest Return-on-Tangible-Equity was -0.82%. The lowest was -1.44%. And the median was -1.44%.

CHEB's Return-on-Tangible-Equity is ranked worse than
60.18% of 437 companies
in the Diversified Financial Services industry
Industry Median: 1.59 vs CHEB: -0.82

Chenghe Acquisition II Co Return-on-Tangible-Equity Historical Data

The historical data trend for Chenghe Acquisition II 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.

Chenghe Acquisition II Co Return-on-Tangible-Equity Chart

Chenghe Acquisition II Co Annual Data
Trend Dec24
Return-on-Tangible-Equity
-1.44

Chenghe Acquisition II Co Quarterly Data
Feb24 May24 Sep24 Dec24 Mar25
Return-on-Tangible-Equity - - -6.64 2.24 1.09

Competitive Comparison of Chenghe Acquisition II Co's Return-on-Tangible-Equity

For the Shell Companies subindustry, Chenghe Acquisition II 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.


Chenghe Acquisition II Co's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Chenghe Acquisition II Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Chenghe Acquisition II Co's Return-on-Tangible-Equity falls into.


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Chenghe Acquisition II Co Return-on-Tangible-Equity Calculation

Chenghe Acquisition II Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: . 20 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: . 20 )(A: Dec. 2024 )
=/( (+ )/ )
=/
= %

Chenghe Acquisition II Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=0.904/( (82.576+82.802)/ 2 )
=0.904/82.689
=1.09 %

* 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 (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Chenghe Acquisition II Co  (AMEX:CHEB) 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.


Chenghe Acquisition II Co Return-on-Tangible-Equity Related Terms

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Chenghe Acquisition II Co Business Description

Traded in Other Exchanges
N/A
Address
38 Beach Road, No. 29-11, South Beach Tower, Singapore, SGP, 189767
Chenghe Acquisition II Co is a blank check company.