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Inly Media Co (SHSE:603598) Return-on-Tangible-Equity : 16.37% (As of Mar. 2024)


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What is Inly Media Co 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. Inly Media Co's annualized net income for the quarter that ended in Mar. 2024 was ¥32 Mil. Inly Media Co's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ¥197 Mil. Therefore, Inly Media Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 16.37%.

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

SHSE:603598' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1051.41   Med: 12.14   Max: 316.36
Current: 26.64

During the past 13 years, Inly Media Co's highest Return-on-Tangible-Equity was 316.36%. The lowest was -1,051.41%. And the median was 12.14%.

SHSE:603598's Return-on-Tangible-Equity is ranked better than
77.58% of 892 companies
in the Media - Diversified industry
Industry Median: 5.255 vs SHSE:603598: 26.64

Inly Media Co Return-on-Tangible-Equity Historical Data

The historical data trend for Inly Media Co'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.

Inly Media Co Return-on-Tangible-Equity Chart

Inly Media Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,051.41 70.66 -95.70 -56.51 28.96

Inly Media Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 24.11 58.22 7.31 27.89 16.37

Competitive Comparison of Inly Media Co's Return-on-Tangible-Equity

For the Advertising Agencies subindustry, Inly Media Co'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.


Inly Media Co's Return-on-Tangible-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Inly Media Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Inly Media Co's Return-on-Tangible-Equity falls into.



Inly Media Co Return-on-Tangible-Equity Calculation

Inly Media Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=48.041/( (139.399+192.429 )/ 2 )
=48.041/165.914
=28.96 %

Inly Media Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=32.176/( (192.429+200.73)/ 2 )
=32.176/196.5795
=16.37 %

* 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 (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Inly Media Co  (SHSE:603598) 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.


Inly Media Co Return-on-Tangible-Equity Related Terms

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Inly Media Co (SHSE:603598) Business Description

Traded in Other Exchanges
N/A
Address
Water Park B, Building 3, Room 105, Fu Wai liangjiadian, Haidian District, Beijing, CHN, 100020
Inly Media Co Ltd is engaged in providing advertising services.
Executives
Luo Yan Ji Director
Li Hao Director
Pan Xin Xin Director
Wang Xiao Ying Director
Zhang Hua senior management
Chen Wan Yin senior management
Zhang Zhao Yang senior management
Jiang Jia Xiao senior management
Sang Zhi Yong Director
Li Jian Xin senior management
Sun Yue Supervisors
Wang Qian Director

Inly Media Co (SHSE:603598) Headlines

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