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ZhongTongGuoMai Communication Co (SHSE:603559) Return-on-Tangible-Equity : -3.27% (As of Mar. 2025)


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What is ZhongTongGuoMai Communication Co 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. ZhongTongGuoMai Communication Co's annualized net income for the quarter that ended in Mar. 2025 was ¥-32.5 Mil. ZhongTongGuoMai Communication Co's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ¥992.7 Mil. Therefore, ZhongTongGuoMai Communication Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was -3.27%.

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

SHSE:603559' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -171.49   Med: 1.24   Max: 15.44
Current: -69.89

During the past 13 years, ZhongTongGuoMai Communication Co's highest Return-on-Tangible-Equity was 15.44%. The lowest was -171.49%. And the median was 1.24%.

SHSE:603559's Return-on-Tangible-Equity is ranked worse than
89.88% of 2411 companies
in the Software industry
Industry Median: 8.88 vs SHSE:603559: -69.89

ZhongTongGuoMai Communication Co Return-on-Tangible-Equity Historical Data

The historical data trend for ZhongTongGuoMai Communication Co'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.

* Premium members only.

ZhongTongGuoMai Communication Co Return-on-Tangible-Equity Chart

ZhongTongGuoMai Communication Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.62 -75.63 -45.87 -171.49 -57.76

ZhongTongGuoMai Communication Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -60.77 -290.04 -385.79 -171.47 -3.27

Competitive Comparison of ZhongTongGuoMai Communication Co's Return-on-Tangible-Equity

For the Information Technology Services subindustry, ZhongTongGuoMai Communication 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.


ZhongTongGuoMai Communication Co's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, ZhongTongGuoMai Communication Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where ZhongTongGuoMai Communication Co's Return-on-Tangible-Equity falls into.


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ZhongTongGuoMai Communication Co Return-on-Tangible-Equity Calculation

ZhongTongGuoMai Communication Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-300.838/( (45.186+996.41 )/ 2 )
=-300.838/520.798
=-57.76 %

ZhongTongGuoMai Communication Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=-32.468/( (996.41+988.956)/ 2 )
=-32.468/992.683
=-3.27 %

* 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 (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


ZhongTongGuoMai Communication Co  (SHSE:603559) 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.


ZhongTongGuoMai Communication Co Return-on-Tangible-Equity Related Terms

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ZhongTongGuoMai Communication Co Business Description

Traded in Other Exchanges
N/A
Address
No. 6399, Nanhu Road, Jilin Province, Changchun, CHN, 130012
ZhongTongGuoMai Communication Co Ltd is the communication technology service provider in China. The company undertakes the communication network engineering consulting, surveying and design and construction activities; and communication network system operation and maintenance services. The communication technology services provided by the company mainly include two types of communication network engineering services and communication network maintenance services. The network engineering service refers to the construction of communication lines and communication pipes at the network level such as the core network, the transmission network and the access network.
Executives
Wang Shi Chao Director
Li Chun Tian Director
Qu Guo Li Supervisors
Zhang Jian Min senior management
Zhou Cai Hua Directors, senior managers
Zhang Xian Kun Director
Meng Qi senior management
Ma Si Long Supervisors
Zhang Li Yan senior management
Tang Zhi Yuan Director
Yu Sheng Xiang Director
Wang Zhen Gang Director

ZhongTongGuoMai Communication Co Headlines

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