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Wilmar International (Wilmar International) Return-on-Tangible-Equity : 13.46% (As of Dec. 2023)


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What is Wilmar International 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. Wilmar International's annualized net income for the quarter that ended in Dec. 2023 was $1,948 Mil. Wilmar International's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $14,470 Mil. Therefore, Wilmar International's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 13.46%.

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

WLMIY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.77   Med: 10.97   Max: 16.43
Current: 10.46

During the past 13 years, Wilmar International's highest Return-on-Tangible-Equity was 16.43%. The lowest was 9.77%. And the median was 10.97%.

WLMIY's Return-on-Tangible-Equity is ranked better than
59.42% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 7.46 vs WLMIY: 10.46

Wilmar International Return-on-Tangible-Equity Historical Data

The historical data trend for Wilmar International'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.

Wilmar International Return-on-Tangible-Equity Chart

Wilmar International 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 11.27 12.35 13.52 16.50 10.35

Wilmar International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 16.21 16.10 17.07 7.70 13.46

Competitive Comparison of Wilmar International's Return-on-Tangible-Equity

For the Packaged Foods subindustry, Wilmar International'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.


Wilmar International's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Wilmar International's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Wilmar International's Return-on-Tangible-Equity falls into.



Wilmar International Return-on-Tangible-Equity Calculation

Wilmar International'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 )
=1524.829/( (14582.566+14888.645 )/ 2 )
=1524.829/14735.6055
=10.35 %

Wilmar International's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=1947.808/( (14051.081+14888.645)/ 2 )
=1947.808/14469.863
=13.46 %

* 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 two times the semi-annual (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Wilmar International  (OTCPK:WLMIY) 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.


Wilmar International Return-on-Tangible-Equity Related Terms

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


Wilmar International (Wilmar International) Business Description

Traded in Other Exchanges
Address
28 Biopolis Road, Wilmar International, Singapore, SGP, 138568
Wilmar International Ltd is a processor of palm and lauric oils and a producer of consumer pack edible oils. Its operating segment includes Food Products; Feed and Industrial Products; Plantation and Sugar Milling and others. The company generates maximum revenue from the Feed and Industrial Products segment. Its Feed and Industrial Products segment comprises the processing, merchandising, and distribution of products, which includes animal feeds, non-edible palm and lauric products, agricultural commodities, oleochemicals, gas oil, and biodiesel. Geographically, it derives a majority of revenue from the People's Republic of China.

Wilmar International (Wilmar International) Headlines

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