HKSE:03928'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -31.33 Med: -2.91 Max: 25.43
Current: -2.92
During the past 9 years, China Next-Gen Commerce and Supply Chain's highest Return-on-Tangible-Equity was 25.43%. The lowest was -31.33%. And the median was -2.91%.
HKSE:03928's Return-on-Tangible-Equity is ranked worse than 81.65% of 1673
companies
in the Construction industry
Industry Median: 7.38
vs HKSE:03928: -2.92
China Next-Gen Commerce and Supply Chain 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 Next-Gen Commerce and Supply Chain Return-on-Tangible-Equity Chart
China Next-Gen Commerce and Supply Chain Annual Data
Competitive Comparison of China Next-Gen Commerce and Supply Chain's Return-on-Tangible-Equity
For the Engineering & Construction subindustry, China Next-Gen Commerce and Supply Chain'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 Next-Gen Commerce and Supply Chain's Return-on-Tangible-Equity Distribution in the Construction Industry
For the Construction industry and Industrials sector, China Next-Gen Commerce and Supply Chain's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where China Next-Gen Commerce and Supply Chain'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 (Sep. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
China Next-Gen Commerce and Supply Chain (HKSE:03928) 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 Next-Gen Commerce and Supply Chain Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of China Next-Gen Commerce and Supply Chain's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
China Next-Gen Commerce and Supply Chain Business Description
China Next-Gen Commerce and Supply Chain Ltd is engaged in providing construction services and property investment business in Singapore. The Construction services segment which derives the key revenue, provides civil engineering works, building construction works, and other ancillary services to government and commercial corporations. The property investment business includes leasing of residential and industrial properties. Geographically, the company derives all of its revenue from Singapore.
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