The historical rank and industry rank for CSG Smart Science and Technology Co's Return-on-Tangible-Equity or its related term are showing as below:
SZSE:300222'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -144.77 Med: 2.23 Max: 18.86
Current: -5.95
During the past 13 years, CSG Smart Science and Technology Co's highest Return-on-Tangible-Equity was 18.86%. The lowest was -144.77%. And the median was 2.23%.
SZSE:300222's Return-on-Tangible-Equity is ranked worse than 83.97% of 2907
companies
in the Industrial Products industry
Industry Median: 7.53
vs SZSE:300222: -5.95
CSG Smart Science and Technology Co 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.
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CSG Smart Science and Technology Co Return-on-Tangible-Equity Chart
Competitive Comparison of CSG Smart Science and Technology Co's Return-on-Tangible-Equity
For the Specialty Industrial Machinery subindustry, CSG Smart Science and Technology 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.
CSG Smart Science and Technology Co's Return-on-Tangible-Equity Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, CSG Smart Science and Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CSG Smart Science and Technology Co's Return-on-Tangible-Equity falls into.
CSG Smart Science and Technology Co Return-on-Tangible-Equity Calculation
* 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.
CSG Smart Science and Technology Co (SZSE:300222) 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.
CSG Smart Science and Technology Co Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of CSG Smart Science and Technology Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
CSG Smart Science and Technology Co (SZSE:300222) Business Description
CSG Smart Science and Technology Co Ltd is engaged in the manufacturing of high-end equipment and smart distribution networks in China. It primarily focuses on improving the product quality, enhancing work safety, and reducing energy consumption and environmental pollution for customers in such areas as automaking, new energy, electrical equipment, rail transportation, and the war industry. It offers smart factory total solution to enhance production efficiency, welding products, intelligent logistics products, various other Service and special robots. Geographically it operates through China.
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