What is Beijing UBOX Online Technology 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. Beijing UBOX Online Technology's annualized net income for the quarter that ended in Dec. 2023 was HK$-382 Mil. Beijing UBOX Online Technology's average shareholder tangible equity for the quarter that ended in Dec. 2023 was HK$889 Mil. Therefore, Beijing UBOX Online Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -43.01%.
The historical rank and industry rank for Beijing UBOX Online Technology's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:02429'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -67.42 Med: -26.66 Max: 1.96
Current: -38.94
During the past 5 years, Beijing UBOX Online Technology's highest Return-on-Tangible-Equity was 1.96%. The lowest was -67.42%. And the median was -26.66%.
HKSE:02429's Return-on-Tangible-Equity is ranked worse than 93.53% of 2922
companies
in the Industrial Products industry
Industry Median: 7.565
vs HKSE:02429: -38.94
Beijing UBOX Online Technology 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.
Competitive Comparison of Beijing UBOX Online Technology's Return-on-Tangible-Equity
For the Business Equipment & Supplies subindustry, Beijing UBOX Online Technology'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.
Beijing UBOX Online Technology's Return-on-Tangible-Equity Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Beijing UBOX Online Technology's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Beijing UBOX Online Technology's Return-on-Tangible-Equity falls into.
* 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 (Dec. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
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.
Beijing UBOX Online Technology Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Beijing UBOX Online Technology's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Beijing UBOX Online Technology (HKSE:02429) Business Description
Beijing UBOX Online Technology Corp is a vending machine operator in mainland China. It has rapidly established an extensive point-of-sale, or POS, network covering a wide range of consumption scenarios, including schools, factories, office premises, public venues, transportation hubs and restaurants. Through its expansive POS network, it is able to provide services to a variety of participants along the unmanned retail industry value chain. The company operates in five business segments; Unmanned retail business, Advertising and system support services, Merchandise wholesale, Vending machine sales and leases, and Others.
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