The historical rank and industry rank for China Oriented International Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:01871'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.37 Med: 0.86 Max: 77.01
Current: -4.37
During the past 9 years, China Oriented International Holdings's highest Return-on-Tangible-Equity was 77.01%. The lowest was -4.37%. And the median was 0.86%.
HKSE:01871's Return-on-Tangible-Equity is ranked worse than 81.93% of 249
companies
in the Education industry
Industry Median: 10.58
vs HKSE:01871: -4.37
China Oriented International Holdings 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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China Oriented International Holdings Return-on-Tangible-Equity Chart
Competitive Comparison of China Oriented International Holdings's Return-on-Tangible-Equity
For the Education & Training Services subindustry, China Oriented International 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.
China Oriented International Holdings's Return-on-Tangible-Equity Distribution in the Education Industry
For the Education industry and Consumer Defensive sector, China Oriented International Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where China Oriented International Holdings'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 two times the semi-annual (Jun. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
China Oriented International Holdings (HKSE:01871) 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.
China Oriented International Holdings Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of China Oriented International Holdings's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
China Oriented International Holdings Business Description
China Oriented International Holdings Ltd is engaged in providing driving training services. It has two driving schools, namely, Shun Da School and Tong Tai School. Shun Da School offers driving training services for preparation for Driving Tests of small manual cars and Tong Tai School is a qualified level I driving school offering driving training services for preparation for driving tests of both Large Vehicles and Small Vehicles. The Group's operation is regarded as one reportable and operating segment which is provision of driving training services. All of the group's revenue is derived from the PRC.
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