Tongcheng Financial Statements From 2010 to 2025
| TNGCF Stock | USD 2.80 0.00 0.00% |
Check Tongcheng Travel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tongcheng Travel's main balance sheet or income statement drivers, such as , as well as many indicators such as . Tongcheng financial statements analysis is a perfect complement when working with Tongcheng Travel Valuation or Volatility modules.
Tongcheng |
Tongcheng Travel Holdings Company Return On Equity Analysis
Tongcheng Travel's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Tongcheng Travel Return On Equity | 0.0142 |
Most of Tongcheng Travel's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tongcheng Travel Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Tongcheng Travel Holdings has a Return On Equity of 0.0142. This is 99.61% lower than that of the Consumer Cyclical sector and significantly higher than that of the Travel Services industry. The return on equity for all United States stocks is 104.58% lower than that of the firm.
Tongcheng Travel Holdings Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tongcheng Travel's current stock value. Our valuation model uses many indicators to compare Tongcheng Travel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tongcheng Travel competition to find correlations between indicators driving Tongcheng Travel's intrinsic value. More Info.Tongcheng Travel Holdings is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.48 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tongcheng Travel Holdings is roughly 2.09 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tongcheng Travel's earnings, one of the primary drivers of an investment's value.About Tongcheng Travel Financial Statements
Tongcheng Travel stakeholders use historical fundamental indicators, such as Tongcheng Travel's revenue or net income, to determine how well the company is positioned to perform in the future. Although Tongcheng Travel investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tongcheng Travel's assets and liabilities are reflected in the revenues and expenses on Tongcheng Travel's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Tongcheng Travel Holdings. Please read more on our technical analysis and fundamental analysis pages.
Tongcheng Travel Holdings Limited, an investment holding company, provides travel related services in the Peoples Republic of China. Tongcheng Travel Holdings Limited was founded in 1999 and is headquartered in Suzhou, the Peoples Republic of China. Tongcheng Travel is traded on OTC Exchange in the United States.
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Other Information on Investing in Tongcheng Pink Sheet
Tongcheng Travel financial ratios help investors to determine whether Tongcheng Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tongcheng with respect to the benefits of owning Tongcheng Travel security.