Return on Tangible Equity (Quarterly)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

China Natural Gas Inc. (CHNGQ) had Return on Tangible Equity of 0.37% for the most recently reported fiscal quarter, ending 2013-09-30.

Quarterly Annual

Figures for fiscal quarter ending 2013-09-30

Income Statement Financials
Revenue	$32.03M
Net Income	$0.71M
Cost of Goods Sold	$22.47M
Gross Profit	$9.57M
Operating Expenses	$30.65M
Operating Income	$1.38M
Non-Operating Income/Expense	$-0.23M
Pre-Tax Income	$1.15M
Normalized Pre-Tax Income	$1.15M
Income after Taxes	$0.73M
Income from Continuous Operations	$0.73M
Consolidated Net Income/Loss	$0.73M
Normalized Income after Taxes	$0.73M
EBIT	$1.38M
EBITDA	$5.20M
Weighted-Average Shares Outstanding (Basic)	21.46M
Weighted-Average Shares Outstanding (Diluted)	21.46M
Earnings per Share (EPS) (Basic)	$0.03
Earnings per Share (EPS) (Diluted)	$0.03
Balance Sheet Financials
Current Assets	$32.49M
Property, Plant, and Equipment	$210.68M
Long-Term Assets	$275.01M
Total Assets	$307.50M
Current Liabilities	$84.14M
Long-Term Debt	$3.57M
Long-Term Liabilities	$3.57M
Total Liabilities	$87.71M
Common Equity	$219.78M
Tangible Shareholders Equity	$197.74M
Shareholders Equity	$219.78M
Common Shares Outstanding	21.46M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$14.62M
Cash Flow from Investing Activities	$-13.05M
Cash Flow from Financial Activities	$-2.42M
Beginning Cash	$10.86M
End Cash	$10.33M
Increase/Decrease in Cash	$-0.52M
Stock-Based Compensation	$0.15M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.39
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.02
Debt to Equity Ratio	0.23
Gross Margin	29.86%
Operating Margin	4.32%
EBIT Margin	4.32%
EBITDA Margin	--
Pre-Tax Profit Margin	3.60%
Profit Margin	2.23%
Free Cash Flow	$2.73M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.10
Inventory Turnover	7.46
Receiveable Turnover	9.43
Days Sales in Receivables	9.55
Return on Equity	0.33%
Return on Tangible Equity	0.37%
Return on Assets	0.24%
Return on Investments	0.33%
Book Value Per Share	$10.24
Free Cash Flow per Share	$0.13
Operating Cash Flow per Share	$0.68

Data from Zacks Investment Research, Inc.