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Chahua Modern Housewares Co (SHSE:603615) Return-on-Tangible-Equity : -0.54% (As of Mar. 2025)


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What is Chahua Modern Housewares 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. Chahua Modern Housewares Co's annualized net income for the quarter that ended in Mar. 2025 was ¥-5.9 Mil. Chahua Modern Housewares Co's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ¥1,092.8 Mil. Therefore, Chahua Modern Housewares Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was -0.54%.

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

SHSE:603615' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.42   Med: 4.2   Max: 13.68
Current: -3.42

During the past 13 years, Chahua Modern Housewares Co's highest Return-on-Tangible-Equity was 13.68%. The lowest was -3.42%. And the median was 4.20%.

SHSE:603615's Return-on-Tangible-Equity is ranked worse than
85.38% of 390 companies
in the Packaging & Containers industry
Industry Median: 6.235 vs SHSE:603615: -3.42

Chahua Modern Housewares Co Return-on-Tangible-Equity Historical Data

The historical data trend for Chahua Modern Housewares 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.

Chahua Modern Housewares Co Return-on-Tangible-Equity Chart

Chahua Modern Housewares 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 3.16 -1.69 -1.59 0.41 -3.35

Chahua Modern Housewares 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 -0.33 -4.16 -0.75 -8.23 -0.54

Competitive Comparison of Chahua Modern Housewares Co's Return-on-Tangible-Equity

For the Packaging & Containers subindustry, Chahua Modern Housewares 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.


Chahua Modern Housewares Co's Return-on-Tangible-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Chahua Modern Housewares Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Chahua Modern Housewares Co's Return-on-Tangible-Equity falls into.


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Chahua Modern Housewares Co Return-on-Tangible-Equity Calculation

Chahua Modern Housewares 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 )
=-37.505/( (1143.539+1094.702 )/ 2 )
=-37.505/1119.1205
=-3.35 %

Chahua Modern Housewares 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 )
=-5.908/( (1094.702+1090.879)/ 2 )
=-5.908/1092.7905
=-0.54 %

* 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.


Chahua Modern Housewares Co  (SHSE:603615) 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.


Chahua Modern Housewares Co Return-on-Tangible-Equity Related Terms

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Chahua Modern Housewares Co Business Description

Traded in Other Exchanges
N/A
Address
168 Jiaokeng Road, Gushan Town, Jin'an District, Fujian Province, Fuzhou, CHN, 350014
Chahua Modern Housewares Co Ltd engages in the design, development, production, and sale of various plastic housewares in China. The firm offers kitchen products, such as lunch boxes food containers, vacuum lunch boxes, cutting boards, rice buckets, peelers, trays, fruit trays, and others; storage products, including storage boxes and drawers, shoe racks; and water bottles comprising cups, thermos, tumblers. It also provides cleaning items that include mops, cleaning pails, dustpans and brooms, brushes, cleaning rags, and others; and bathroom products consisting soap trays, bathroom racks, potty products. It also offers disposal products like fresh keeping bags, paper and plastic cups, garbage bags, hangers; and daily used items, such as basins, baskets, chairs and stools, tissue boxes.
Executives
Chen Guan Yu Director
Chen Kui Sheng Director
Lin Shi Fu Director
Chen You Mei Director
Weng Lin Yan Director
Ye Hong Qian Director
Lin Jie Director
Chen Zhi Hai Director
Tang Zhen Kun Director
Chen Ming Sheng Director

Chahua Modern Housewares Co Headlines

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