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Four Seasons Education (Cayman) (Four Seasons Education (Cayman)) Return-on-Tangible-Equity : 2.11% (As of Aug. 2023)


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What is Four Seasons Education (Cayman) 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. Four Seasons Education (Cayman)'s annualized net income for the quarter that ended in Aug. 2023 was $1.39 Mil. Four Seasons Education (Cayman)'s average shareholder tangible equity for the quarter that ended in Aug. 2023 was $66.03 Mil. Therefore, Four Seasons Education (Cayman)'s annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2023 was 2.11%.

The historical rank and industry rank for Four Seasons Education (Cayman)'s Return-on-Tangible-Equity or its related term are showing as below:

FEDU' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -23.22   Med: -5.19   Max: 21.6
Current: -0.66

During the past 8 years, Four Seasons Education (Cayman)'s highest Return-on-Tangible-Equity was 21.60%. The lowest was -23.22%. And the median was -5.19%.

FEDU's Return-on-Tangible-Equity is ranked worse than
75.63% of 238 companies
in the Education industry
Industry Median: 10.13 vs FEDU: -0.66

Four Seasons Education (Cayman) Return-on-Tangible-Equity Historical Data

The historical data trend for Four Seasons Education (Cayman)'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.

Four Seasons Education (Cayman) Return-on-Tangible-Equity Chart

Four Seasons Education (Cayman) Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Return-on-Tangible-Equity
Get a 7-Day Free Trial -0.10 -19.45 -5.19 -23.22 -6.36

Four Seasons Education (Cayman) Semi-Annual Data
Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 -33.90 -10.58 -9.42 -3.40 2.11

Competitive Comparison of Four Seasons Education (Cayman)'s Return-on-Tangible-Equity

For the Education & Training Services subindustry, Four Seasons Education (Cayman)'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.


Four Seasons Education (Cayman)'s Return-on-Tangible-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Four Seasons Education (Cayman)'s Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Four Seasons Education (Cayman)'s Return-on-Tangible-Equity falls into.



Four Seasons Education (Cayman) Return-on-Tangible-Equity Calculation

Four Seasons Education (Cayman)'s annualized Return-on-Tangible-Equity for the fiscal year that ended in Feb. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Feb. 2023 )  (A: Feb. 2022 )(A: Feb. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Feb. 2023 )  (A: Feb. 2022 )(A: Feb. 2023 )
=-4.338/( (69.783+66.577 )/ 2 )
=-4.338/68.18
=-6.36 %

Four Seasons Education (Cayman)'s annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Aug. 2023 )  (Q: Feb. 2023 )(Q: Aug. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Aug. 2023 )  (Q: Feb. 2023 )(Q: Aug. 2023 )
=1.392/( (66.577+65.474)/ 2 )
=1.392/66.0255
=2.11 %

* 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 (Aug. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Four Seasons Education (Cayman)  (NYSE:FEDU) 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.


Four Seasons Education (Cayman) Return-on-Tangible-Equity Related Terms

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Four Seasons Education (Cayman) (Four Seasons Education (Cayman)) Business Description

Traded in Other Exchanges
N/A
Address
309 Yuyuan Road, Room 1301, Zi'an Building, Jing'an District, Shanghai, CHN, 200040
Four Seasons Education (Cayman) Inc is engaged in the provision of after-school education services for kindergarten, elementary and middle school students. The company is a comprehensive educational enterprise that provides research practice services, educational informatization equipment, high-quality educational resources, and teacher training, as well as a digital publishing business, and continues to expand in educational research and educational informatization.