The historical rank and industry rank for China HK Power Smart Energy Group's Return-on-Tangible-Equity or its related term are showing as below:
During the past 13 years, China HK Power Smart Energy Group's highest Return-on-Tangible-Equity was 78.62%. The lowest was -163.14%. And the median was -1.45%.
FRA:RYZR's Return-on-Tangible-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 8.085 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
China HK Power Smart Energy Group Return-on-Tangible-Equity Historical Data
* 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 HK Power Smart Energy Group Return-on-Tangible-Equity Chart
Competitive Comparison of China HK Power Smart Energy Group's Return-on-Tangible-Equity
For the Oil & Gas Refining & Marketing subindustry, China HK Power Smart Energy Group'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 HK Power Smart Energy Group's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, China HK Power Smart Energy Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where China HK Power Smart Energy Group's Return-on-Tangible-Equity falls into.
China HK Power Smart Energy Group Return-on-Tangible-Equity Calculation
China HK Power Smart Energy Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as
* 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 two times the semi-annual (Sep. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
China HK Power Smart Energy Group (FRA:RYZR) 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 HK Power Smart Energy Group Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of China HK Power Smart Energy Group's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
China HK Power Smart Energy Group (FRA:RYZR) Business Description
China HK Power Smart Energy Group Ltd Formerly China LNG Group Ltd is engaged in the development of new energy businesses, which include investment, construction & operation of liquefied natural gas infrastructure, and financial leasing services. Its segments include financial services through finance leasing services for LNG vehicles, vessels, and equipment, provision of LNG in the downstream market, provision of commercial vehicle platform services, trading of securities, properties investment, and financial services through the provision of money lending business & LNG business which is Sales & distribution of LNG including wholesale of LNG, point-to-point supply of LNG, LNG pipeline network and provision of LNG logistic services in the PRC. The majority of revenue is from LNG business.
China HK Power Smart Energy Group (FRA:RYZR) Headlines
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