The historical rank and industry rank for Global Bio-chem Technology Group Co's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:00809'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -218.35 Med: -218.35 Max: -218.35
Current: Negative Tangible Equity
During the past 13 years, Global Bio-chem Technology Group Co's highest Return-on-Tangible-Equity was -218.35%. The lowest was -218.35%. And the median was -218.35%.
HKSE:00809's Return-on-Tangible-Equity is ranked better than 99.95% of 1824
companies
in the Consumer Packaged Goods industry
Industry Median: 8.065
vs HKSE:00809: Negative Tangible Equity
Global Bio-chem Technology Group Co 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.
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Global Bio-chem Technology Group Co Return-on-Tangible-Equity Chart
Competitive Comparison of Global Bio-chem Technology Group Co's Return-on-Tangible-Equity
For the Packaged Foods subindustry, Global Bio-chem Technology 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.
Global Bio-chem Technology Group Co's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Global Bio-chem Technology Group Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Global Bio-chem Technology Group Co's Return-on-Tangible-Equity falls into.
Global Bio-chem Technology Group Co Return-on-Tangible-Equity Calculation
* 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 (Jun. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Global Bio-chem Technology Group Co (HKSE:00809) 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.
Global Bio-chem Technology Group Co Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Global Bio-chem Technology Group Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Global Bio-chem Technology Group Co Business Description
Global Bio-chem Technology Group Co Ltd manufactures and sells corn-refined products and corn-based biochemical products. Its segments are the Upstream Products segment engages in the manufacture and sale of corn starch, gluten meal, corn oil, and other corn refined products; the Amino Acids segment engages in the manufacture and sale of corn-based biochemical products, including lysine and threonine; the Corn Sweeteners segment engages in the manufacture and sale of corn-based sweetener products, including glucose, maltose, high fructose corn syrup, crystallized glucose, and maltodextrin; the Polyol Chemicals segment engages in the manufacture and sale of corn-based biochemical products, including polyol chemicals, anti-freeze products, hydrogen, and ammonia.
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