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Yibin Tianyuan Group Co (SZSE:002386) Return-on-Tangible-Equity : 0.68% (As of Mar. 2025)


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What is Yibin Tianyuan Group 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. Yibin Tianyuan Group Co's annualized net income for the quarter that ended in Mar. 2025 was ¥45 Mil. Yibin Tianyuan Group Co's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ¥6,683 Mil. Therefore, Yibin Tianyuan Group Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 0.68%.

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

SZSE:002386' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.56   Med: 2.22   Max: 13.47
Current: -6.56

During the past 13 years, Yibin Tianyuan Group Co's highest Return-on-Tangible-Equity was 13.47%. The lowest was -6.56%. And the median was 2.22%.

SZSE:002386's Return-on-Tangible-Equity is ranked worse than
83.62% of 1532 companies
in the Chemicals industry
Industry Median: 5.4 vs SZSE:002386: -6.56

Yibin Tianyuan Group Co Return-on-Tangible-Equity Historical Data

The historical data trend for Yibin Tianyuan Group 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.

Yibin Tianyuan Group Co Return-on-Tangible-Equity Chart

Yibin Tianyuan Group 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 2.60 13.47 10.44 0.62 -6.45

Yibin Tianyuan Group 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 0.36 0.26 -6.11 -21.14 0.68

Competitive Comparison of Yibin Tianyuan Group Co's Return-on-Tangible-Equity

For the Specialty Chemicals subindustry, Yibin Tianyuan Group 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.


Yibin Tianyuan Group Co's Return-on-Tangible-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Yibin Tianyuan Group Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Yibin Tianyuan Group Co's Return-on-Tangible-Equity falls into.


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Yibin Tianyuan Group Co Return-on-Tangible-Equity Calculation

Yibin Tianyuan Group 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 )
=-459.565/( (7404.647+6851.996 )/ 2 )
=-459.565/7128.3215
=-6.45 %

Yibin Tianyuan Group 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 )
=45.472/( (6851.996+6514.67)/ 2 )
=45.472/6683.333
=0.68 %

* 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.


Yibin Tianyuan Group Co  (SZSE:002386) 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.


Yibin Tianyuan Group Co Return-on-Tangible-Equity Related Terms

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Yibin Tianyuan Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 61, West Section of Gangyuan Road, Yibin Lingang Economic and Technological Development Zone, Sichuan, Yibin, CHN, 644004
Yibin Tianyuan Group Co Ltd is engaged in chemical raw materials and chemical manufacturing. The products of the company include chlor alkali products, polyvinyl chloride products, fine chemical products, new pipe fittings sheet series, building materials, and calcium carbide.
Executives
Chen Hong Executives
Tian Ying Executives
Huang Wei Executives
Li Jian Wei Executives
Yang Jian Zhong Executives
Wu Yong Kui Executives
Wang Zheng Qiang Executives
He Bo Directors, Directors, and Executives
Feng Kai Zhong Supervisors
Ma Li Juan Supervisors
Deng Min Directors, executives
Wang Ming An Supervisors
Luo Yun Director
Han Cheng Director
Weng Guo Min Independent director

Yibin Tianyuan Group Co Headlines

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