What is Da Yu Financial Holdings 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. Da Yu Financial Holdings's annualized net income for the quarter that ended in Dec. 2023 was HK$-331.99 Mil. Da Yu Financial Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2023 was HK$139.52 Mil. Therefore, Da Yu Financial Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -237.95%.
The historical rank and industry rank for Da Yu Financial Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:01073'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -118.81 Med: 4.73 Max: 12.7
Current: -118.81
During the past 13 years, Da Yu Financial Holdings's highest Return-on-Tangible-Equity was 12.70%. The lowest was -118.81%. And the median was 4.73%.
HKSE:01073's Return-on-Tangible-Equity is ranked worse than 96.87% of 766
companies
in the Capital Markets industry
Industry Median: 5.645
vs HKSE:01073: -118.81
Da Yu Financial Holdings Return-on-Tangible-Equity Historical Data
The historical data trend for Da Yu Financial Holdings'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.
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Da Yu Financial Holdings Return-on-Tangible-Equity Chart
Competitive Comparison of Da Yu Financial Holdings's Return-on-Tangible-Equity
For the Capital Markets subindustry, Da Yu Financial Holdings'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 Yu Financial Holdings's Return-on-Tangible-Equity Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Da Yu Financial Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Da Yu Financial Holdings's Return-on-Tangible-Equity falls into.
Da Yu Financial Holdings Return-on-Tangible-Equity Calculation
Da Yu Financial Holdings'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.
Da Yu Financial Holdings (HKSE:01073) 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 Yu Financial Holdings Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Da Yu Financial Holdings's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Da Yu Financial Holdings (HKSE:01073) Business Description
Da Yu Financial Holdings Ltd is an investment holding company and is engaged in providing financial advisory services. It operates in four segments. The corporate finance advisory services include services incidental to financial advisory, compliance advisory services, placing agency and underwriting services, investment business, and others. The Asset management services include investment advisory services and sundry income derived from the provision of the services. The Securities and related services include the provision of securities broking, underwriting, and placing of securities and investment in securities. The money lending business includes the provision of loan financing and related services. The group mainly has operations located in Hong Kong.
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