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Linewell Software Co (SHSE:603636) Return-on-Tangible-Equity : -8.70% (As of Mar. 2025)


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What is Linewell Software 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. Linewell Software Co's annualized net income for the quarter that ended in Mar. 2025 was ¥-138.8 Mil. Linewell Software Co's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ¥1,594.2 Mil. Therefore, Linewell Software Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was -8.70%.

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

SHSE:603636' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -17.66   Med: 7.51   Max: 15.43
Current: -16.36

During the past 13 years, Linewell Software Co's highest Return-on-Tangible-Equity was 15.43%. The lowest was -17.66%. And the median was 7.51%.

SHSE:603636's Return-on-Tangible-Equity is ranked worse than
79.43% of 2411 companies
in the Software industry
Industry Median: 8.88 vs SHSE:603636: -16.36

Linewell Software Co Return-on-Tangible-Equity Historical Data

The historical data trend for Linewell Software 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.

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Linewell Software Co Return-on-Tangible-Equity Chart

Linewell Software 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 12.60 6.25 6.42 2.76 -17.66

Linewell Software 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 -14.48 -10.57 -10.86 -35.84 -8.70

Competitive Comparison of Linewell Software Co's Return-on-Tangible-Equity

For the Software - Application subindustry, Linewell Software 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.


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

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

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


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Linewell Software Co Return-on-Tangible-Equity Calculation

Linewell Software 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 )
=-309.831/( (1899.317+1609.658 )/ 2 )
=-309.831/1754.4875
=-17.66 %

Linewell Software 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 )
=-138.768/( (1609.658+1578.819)/ 2 )
=-138.768/1594.2385
=-8.70 %

* 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.


Linewell Software Co  (SHSE:603636) 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.


Linewell Software Co Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Linewell Software Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Linewell Software Co Business Description

Traded in Other Exchanges
N/A
Address
Fenghai Road, Building 2, Nanwei Building, Fujian Province, Quanzhou, CHN, 362000
Linewell Software Co Ltd is engaged in software development. The Company provides services to government, party, military, public security, transportation, smart city and other areas, systems integration and technical services within software enterprises.
Executives
Wu Zhi Xiong Directors, senior managers
Ceng Zhi Yong senior management
Liao Zhang Bao Director
Lin Li Cheng senior management
Chen Zhou Ming Supervisors
Xu Chun Mei Director
Wu Li Qing senior management
Zhang Peng Cheng Director
Huang Wen Feng Supervisors
Zheng Jin Cong senior management
Hong Pei Qi Supervisors
Zhou Wei Xian Director
Xu Hui Qi Supervisors
Hou Ji Gong Director

Linewell Software Co Headlines

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