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Deer Consumer Products (Deer Consumer Products) Return-on-Tangible-Equity : 14.29% (As of Jun. 2012)


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What is Deer Consumer Products 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. Deer Consumer Products's annualized net income for the quarter that ended in Jun. 2012 was $22.9 Mil. Deer Consumer Products's average shareholder tangible equity for the quarter that ended in Jun. 2012 was $160.2 Mil. Therefore, Deer Consumer Products's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2012 was 14.29%.

The historical rank and industry rank for Deer Consumer Products's Return-on-Tangible-Equity or its related term are showing as below:

DEER's Return-on-Tangible-Equity is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 7.485
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Deer Consumer Products Return-on-Tangible-Equity Historical Data

The historical data trend for Deer Consumer Products'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.

Deer Consumer Products Return-on-Tangible-Equity Chart

Deer Consumer Products Annual Data
Trend Sep07 Dec08 Dec09 Dec10 Dec11
Return-on-Tangible-Equity
- 45.19 19.96 28.20 31.13

Deer Consumer Products Quarterly Data
Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12
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 25.07 41.36 37.68 20.38 14.29

Competitive Comparison of Deer Consumer Products's Return-on-Tangible-Equity

For the Furnishings, Fixtures & Appliances subindustry, Deer Consumer Products'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.


Deer Consumer Products's Return-on-Tangible-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Deer Consumer Products's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Deer Consumer Products's Return-on-Tangible-Equity falls into.



Deer Consumer Products Return-on-Tangible-Equity Calculation

Deer Consumer Products's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2011 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=39.806/( (106.233+149.483 )/ 2 )
=39.806/127.858
=31.13 %

Deer Consumer Products's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2012 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2012 )  (Q: Mar. 2012 )(Q: Jun. 2012 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2012 )  (Q: Mar. 2012 )(Q: Jun. 2012 )
=22.904/( (157.67+162.786)/ 2 )
=22.904/160.228
=14.29 %

* 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 (Jun. 2012) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Deer Consumer Products  (OTCPK:DEER) 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.


Deer Consumer Products Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Deer Consumer Products's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Deer Consumer Products (Deer Consumer Products) Business Description

Traded in Other Exchanges
N/A
Address
Area 21/F, Building M-6, Central High-Tech Industrial Park, Nanshan, Shenzhen, CHN, 518057
Deer Consumer Products Inc is a designer, manufacturer and seller of quality small home and kitchen electric appliances.
Executives
Arnold Staloff director 1605 MAYFLOWER LANE, CHERRY HILL NJ 08003

Deer Consumer Products (Deer Consumer Products) Headlines