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DAZSF's Return-on-Tangible-Equity is not ranked *
in the Retail - Cyclical industry.
Industry Median: 8.33 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Da Ai Zhi Shui International Holding Group (OTCPK:DAZSF) 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.
Da Ai Zhi Shui International Holding Group Return-on-Tangible-Equity Related Terms
Da Ai Zhi Shui International Holding Group Return-on-Tangible-Equity Historical Data
* 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.
Da Ai Zhi Shui International Holding Group Return-on-Tangible-Equity Chart
Da Ai Zhi Shui International Holding Group Annual Data
Trend
May21
May22
May23
Return-on-Tangible-Equity
0.00
20.69
26.35
Da Ai Zhi Shui International Holding Group Semi-Annual Data
May21
May22
May23
Return-on-Tangible-Equity
0.00
20.69
26.35
DAZSF vs NVVE, SPEV, TCSG: Return-on-Tangible-Equity Comparison
For the Specialty Retail subindustry, Da Ai Zhi Shui International Holding 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.
Da Ai Zhi Shui International Holding Group Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Da Ai Zhi Shui International Holding Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Da Ai Zhi Shui International Holding Group's Return-on-Tangible-Equity falls into.
* 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 one times the annual (May. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 26.35% mean?
Da Ai Zhi Shui International Holding Group (DAZSF) has a Return-on-Tangible-Equity of 26.35% as of May. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Da Ai Zhi Shui International Holding Group and its competitors.
Is Da Ai Zhi Shui International Holding Group's Return-on-Tangible-Equity too high?
Da Ai Zhi Shui International Holding Group's current Return-on-Tangible-Equity is 26.35%. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.33. Da Ai Zhi Shui International Holding Group's value of 26.35% is 216.3% above this industry median. Overall, Da Ai Zhi Shui International Holding Group has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Da Ai Zhi Shui International Holding Group's Return-on-Tangible-Equity compare to NVVE and SPEV?
Da Ai Zhi Shui International Holding Group's Return-on-Tangible-Equity of 26.35% can be compared against companies in the Retail - Cyclical industry. The industry median Return-on-Tangible-Equity is 8.33. Da Ai Zhi Shui International Holding Group's value of 26.35% is 216.3% 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-Equity for a Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.33, based on 1,065 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. Da Ai Zhi Shui International Holding Group's current Return-on-Tangible-Equity of 26.35% is 216.3% 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-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 Da Ai Zhi Shui International Holding Group and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Da Ai Zhi Shui International Holding Group's current Return-on-Tangible-Equity is 26.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Da Ai Zhi Shui International Holding Group stock overvalued right now?
Da Ai Zhi Shui International Holding Group (DAZSF) has a current Return-on-Tangible-Equity of 26.35%. The current Return-on-Tangible-Equity is 26.35% and 216.3% above the Retail - Cyclical industry median of 8.33. Da Ai Zhi Shui International Holding Group's overall GF Score™ is 23/100. 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 Da Ai Zhi Shui International Holding Group (DAZSF), the current Return-on-Tangible-Equity is 26.35% as of May. 2023. 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.
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