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Cityneon Holdings (Cityneon Holdings) Return-on-Tangible-Equity : 11.30% (As of Sep. 2018)


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What is Cityneon Holdings 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. Cityneon Holdings's annualized net income for the quarter that ended in Sep. 2018 was S$3.1 Mil. Cityneon Holdings's average shareholder tangible equity for the quarter that ended in Sep. 2018 was S$27.3 Mil. Therefore, Cityneon Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2018 was 11.30%.

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

CNHDF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -20.13   Med: 10.04   Max: 115.56
Current: 115.56

During the past 9 years, Cityneon Holdings's highest Return-on-Tangible-Equity was 115.56%. The lowest was -20.13%. And the median was 10.04%.

CNHDF's Return-on-Tangible-Equity is not ranked
in the Business Services industry.
Industry Median: 11.86 vs CNHDF: 115.56

Cityneon Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Cityneon Holdings'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.

Cityneon Holdings Return-on-Tangible-Equity Chart

Cityneon Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 4.22 10.04 2.69 13.47 35.33

Cityneon Holdings Quarterly Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 -11.81 132.24 52.04 144.24 11.30

Competitive Comparison of Cityneon Holdings's Return-on-Tangible-Equity

For the Specialty Business Services subindustry, Cityneon Holdings'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.


Cityneon Holdings's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Cityneon Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Cityneon Holdings's Return-on-Tangible-Equity falls into.



Cityneon Holdings Return-on-Tangible-Equity Calculation

Cityneon Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=17.393/( (59.408+39.062 )/ 2 )
=17.393/49.235
=35.33 %

Cityneon Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2018 )  (Q: Jun. 2018 )(Q: Sep. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2018 )  (Q: Jun. 2018 )(Q: Sep. 2018 )
=3.08/( (28.268+26.258)/ 2 )
=3.08/27.263
=11.30 %

* 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 (Sep. 2018) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Cityneon Holdings  (OTCPK:CNHDF) 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.


Cityneon Holdings Return-on-Tangible-Equity Related Terms

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


Cityneon Holdings (Cityneon Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Cityneon Holdings Ltd is engaged in providing various business services. The company operates its business through various segments that are Experiential Environment, which comprise of architectural facades, scenic fabrication, sculptures, scaled models, wall reliefs and murals, replicas, and others; Interior Architecture, which comprise of conceptualize, design and interior fitting-out services to commercial properties, healthcare, hospitality services industry, and others; Exhibitions, which comprise of design, fabrication, installation and project management of customized exhibition booths and pavilions, and others; Events, which assist in operations; and Intellectual Property Rights. It offers its services to Singapore, Middle East, Malaysia, China, Asia-Pacific, and other regions.

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