GGEI (Green Giant) Return-on-Tangible-Equity: -64.64% (As of Dec. 2023)

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GGEI Green Giant Inc GGEI
16 GF Score
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What is Green Giant Return-on-Tangible-Equity?

Green Giant GGEI 16 Return-on-Tangible-Equity is -64.64% as of Dec. 2023. GuruFocus rates GGEI with a GF Score™ of 16/100.

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. Green Giant's annualized net income for the quarter that ended in Dec. 2023 was $-11.64 Mil. Green Giant's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $18.01 Mil. Therefore, Green Giant's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -64.64%.

The historical rank and industry rank for Green Giant's Return-on-Tangible-Equity or its related term are showing as below:

GGEI's Return-on-Tangible-Equity is not ranked *
in the Real Estate industry.
Industry Median: 4.27
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Green Giant  (OTCPK:GGEI) 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.


Green Giant Return-on-Tangible-Equity Related Terms


Green Giant Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Green Giant'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.

Green Giant Return-on-Tangible-Equity Chart

Green Giant Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.31 0.60 3.55 -69.73 -162.97

Green Giant Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -1.86 -4.12 -453.85 -283.94 -64.64

GGEI vs JVA, NATR, BABB: Return-on-Tangible-Equity Comparison

For the Real Estate - Development subindustry, Green Giant'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.


Green Giant Return-on-Tangible-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Green Giant's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Green Giant's Return-on-Tangible-Equity falls into.


GGEI
16GF Score
Green Giant Inc GGEI
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Green Giant Return-on-Tangible-Equity Calculation

Green Giant's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=-110.121/( (119.446+15.694 )/ 2 )
=-110.121/67.57
=-162.97 %

Green Giant's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-11.644/( (15.694+20.331)/ 2 )
=-11.644/18.0125
=-64.64 %

* 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 (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -64.64% mean?
Green Giant (GGEI) has a Return-on-Tangible-Equity of -64.64% as of Dec. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Green Giant and its competitors.
Is Green Giant's Return-on-Tangible-Equity too high?
Green Giant's current Return-on-Tangible-Equity is -64.64%. Overall, Green Giant has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Green Giant's Return-on-Tangible-Equity compare to JVA and NATR?
Green Giant's Return-on-Tangible-Equity of -64.64% can be compared against companies in the Real Estate industry. The industry median Return-on-Tangible-Equity is 4.27. 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,715 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 Green Giant and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Giant's current Return-on-Tangible-Equity is -64.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Giant stock overvalued right now?
Green Giant (GGEI) has a current Return-on-Tangible-Equity of -64.64%. The current Return-on-Tangible-Equity is -64.64%. Green Giant's overall GF Score™ is 16/100. 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 Green Giant (GGEI), the current Return-on-Tangible-Equity is -64.64% as of Dec. 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.

Green Giant Business Description

Address 6 Xinghan Road, 19th Floor, Shaanxi Province, Hanzhong, CHN, 723000
Green Giant Inc is engaged in real estate development buisness and green energy business. The Company engages in real estate development through the VIE, Guangsha, in mainland China, and is transitioning itself from its real estate development business to a new energy corporation. It is engaged in the construction and sale of residential apartments, car parks, and commercial properties. The company's real-estate properties include multi-layer apartment buildings, sub-high-rise apartment buildings, and high-rise apartment buildings. The project portfolios of the company are Yangzhou Pearl Garden Phase I and II, Nanyuan II Project, Mingzhu Garden, Oriental Pearl Garden, and Yangzhou Palace. Majority of the Company's revenue is derived from real estate sales.
16GF Score

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