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Guangdong Liantai Environmental Protection Co (SHSE:603797) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Mar. 2025)


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What is Guangdong Liantai Environmental Protection 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. Guangdong Liantai Environmental Protection Co's annualized net income for the quarter that ended in Mar. 2025 was ¥216 Mil. Guangdong Liantai Environmental Protection Co's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ¥-250 Mil. Therefore, Guangdong Liantai Environmental Protection Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was Negative Tangible Equity%.

The historical rank and industry rank for Guangdong Liantai Environmental Protection Co's Return-on-Tangible-Equity or its related term are showing as below:

SHSE:603797' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 350.22   Med: 350.22   Max: 350.22
Current: Negative Tangible Equity

During the past 13 years, Guangdong Liantai Environmental Protection Co's highest Return-on-Tangible-Equity was 350.22%. The lowest was 350.22%. And the median was 350.22%.

SHSE:603797's Return-on-Tangible-Equity is ranked better than
99.57% of 232 companies
in the Waste Management industry
Industry Median: 7.875 vs SHSE:603797: Negative Tangible Equity

Guangdong Liantai Environmental Protection Co Return-on-Tangible-Equity Historical Data

The historical data trend for Guangdong Liantai Environmental Protection 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.

Guangdong Liantai Environmental Protection Co Return-on-Tangible-Equity Chart

Guangdong Liantai Environmental Protection 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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Guangdong Liantai Environmental Protection 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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Competitive Comparison of Guangdong Liantai Environmental Protection Co's Return-on-Tangible-Equity

For the Waste Management subindustry, Guangdong Liantai Environmental Protection 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.


Guangdong Liantai Environmental Protection Co's Return-on-Tangible-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Guangdong Liantai Environmental Protection Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Guangdong Liantai Environmental Protection Co's Return-on-Tangible-Equity falls into.


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Guangdong Liantai Environmental Protection Co Return-on-Tangible-Equity Calculation

Guangdong Liantai Environmental Protection 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 )
=179.531/( (-634.766+-298.48 )/ 2 )
=179.531/-466.623
=Negative Tangible Equity %

Guangdong Liantai Environmental Protection 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 )
=215.616/( (-298.48+-201.658)/ 2 )
=215.616/-250.069
=Negative Tangible Equity %

* 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.


Guangdong Liantai Environmental Protection Co  (SHSE:603797) 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.


Guangdong Liantai Environmental Protection Co Return-on-Tangible-Equity Related Terms

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Guangdong Liantai Environmental Protection Co Business Description

Traded in Other Exchanges
N/A
Address
Zhongshan East Road, Longzhu Water Purification Factory, Guangdong Province, Huangshanwei, Shantou, CHN, 515041
Guangdong Liantai Environmental Protection Co Ltd is a China-based company engaged in operating sewage treatment project and supporting pipe network and ecological environment treatment project. The company produces and sells special equipment for environmental pollution prevention, and offers technical consultation and support services, among other activities. Some of the company's projects are Shantou dragon ball water purification plant, Shaoyang Jiangbei Wastewater treatment plant, and Shaoyang Yangxiqiao wastewater treatment plant, among others.

Guangdong Liantai Environmental Protection Co Headlines

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