China Fortune Investments (Holding) (STU:NLY5) Return-on-Tangible-Equity : -4.89% (As of Jun. 2021)

View and export this data going back to . Start your Free Trial

What is China Fortune Investments (Holding) 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. China Fortune Investments (Holding)'s annualized net income for the quarter that ended in Jun. 2021 was €-0.66 Mil. China Fortune Investments (Holding)'s average shareholder tangible equity for the quarter that ended in Jun. 2021 was €13.51 Mil. Therefore, China Fortune Investments (Holding)'s annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2021 was -4.89%.

The historical rank and industry rank for China Fortune Investments (Holding)'s Return-on-Tangible-Equity or its related term are showing as below:

STU:NLY5' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -927.91 Med: -130.85 Max: 1126.45
Current: 451.14

During the past 13 years, China Fortune Investments (Holding)'s highest Return-on-Tangible-Equity was 1,126.45%. The lowest was -927.91%. And the median was -130.85%.

STU:NLY5's Return-on-Tangible-Equity is not ranked
in the Retail - Cyclical industry.
Industry Median: 7.43 vs STU:NLY5: 451.14

China Fortune Investments (Holding) Return-on-Tangible-Equity Historical Data

The historical data trend for China Fortune Investments (Holding)'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.

China Fortune Investments (Holding) Return-on-Tangible-Equity Chart

China Fortune Investments (Holding) Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Return-on-Tangible-Equity

Get a 7-Day Free Trial

-82.57

2.55

-970.33

1,466.41

China Fortune Investments (Holding) Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Return-on-Tangible-Equity	Get a 7-Day Free Trial															-	-	714.75	-7.56	-4.89

Competitive Comparison of China Fortune Investments (Holding)'s Return-on-Tangible-Equity

For the Specialty Retail subindustry, China Fortune Investments (Holding)'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 Fortune Investments (Holding)'s Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Fortune Investments (Holding)'s Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where China Fortune Investments (Holding)'s Return-on-Tangible-Equity falls into.

China Fortune Investments (Holding) Return-on-Tangible-Equity Calculation

China Fortune Investments (Holding)'s annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2020 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	21.329	/	( (-10.899	+	13.808 )	/ 2 )
	=	21.329	/	1.4545
	=	1,466.41 %

China Fortune Investments (Holding)'s annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2021 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(Q: Jun. 2021 )		(Q: Mar. 2021 )		(Q: Jun. 2021 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets)	/ count )
		(Q: Jun. 2021 )		(Q: Mar. 2021 )		(Q: Jun. 2021 )
	=	-0.66	/	( (0	+	13.505)	/ 1 )
	=	-0.66	/	13.505
	=	-4.89 %

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 (Jun. 2021) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

China Fortune Investments (Holding) (STU:NLY5) 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 Fortune Investments (Holding) Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of China Fortune Investments (Holding)'s Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

China Fortune Investments (Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » China Fortune Investments (Holding) Ltd (STU:NLY5) » Definitions » Return-on-Tangible-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road Central, Shops 212-213, 2nd Floor, Shun tak Centre, Sheung Wan, Hong Kong, HKG

Website

https://www.cfihk.com.hk

China Fortune Investments (Holding) Ltd is an investment holding company, engages in the wholesale and retail of wines and cigars and golf products in Hong Kong. The company offers red wines, white wines, champagnes, whiskeys and other liquors and spirits; and golf-related products, such as golf clubs, balls, shoes, gloves, clothing and other accessories of various brands. It operates through the following segments: Sale of Wine and Cigar; Sale of Golf Products; Sale of Watch and Jewellery; Provision of Money Lending Services, and Others. The firm's Wine and Cigar segment generate major revenue for the firm.

China Fortune Investments (Holding) Headlines

No Headlines