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China Networks International Holdings (China Networks International Holdings) Return-on-Tangible-Equity : 0.00% (As of Dec. 2018)


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What is China Networks International 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. China Networks International Holdings's annualized net income for the quarter that ended in Dec. 2018 was $-0.05 Mil. China Networks International Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2018 was $-4.04 Mil. Therefore, China Networks International Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2018 was N/A%.

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

CNWHF's Return-on-Tangible-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.53
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

China Networks International Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for China Networks International 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.

China Networks International Holdings Return-on-Tangible-Equity Chart

China Networks International Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Return-on-Tangible-Equity
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China Networks International Holdings Semi-Annual Data
Jun07 Jun08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
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Competitive Comparison of China Networks International Holdings's Return-on-Tangible-Equity

For the Shell Companies subindustry, China Networks International 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.


China Networks International Holdings's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, China Networks International Holdings's Return-on-Tangible-Equity distribution charts can be found below:

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



China Networks International Holdings Return-on-Tangible-Equity Calculation

China Networks International Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=-0.053/( (-3.923+-4.153 )/ 2 )
=-0.053/-4.038
=N/A %

China Networks International Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2018 )  (Q: Dec. 2017 )(Q: Dec. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2018 )  (Q: Dec. 2017 )(Q: Dec. 2018 )
=-0.053/( (-3.923+-4.153)/ 2 )
=-0.053/-4.038
=N/A %

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


China Networks International Holdings  (OTCPK:CNWHF) 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 Networks International Holdings Return-on-Tangible-Equity Related Terms

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China Networks International Holdings (China Networks International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
6A Jian Guo Men Wai Avenue, 801, 29th Floor, Block C, Central International Trade Center, Chao Yang District, Beijing, CHN
Website
China Networks International Holdings Ltd is a shell company.
Executives
Kerry Propper director, 10 percent owner CHARDAN CHINA ACQUISITION CORP, 777 SOUTH HIGHWAY 101, SOLANA BEACH CA 92075

China Networks International Holdings (China Networks International Holdings) Headlines

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