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Can Tho Port JSC (HSTC:CCT) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is Can Tho Port JSC 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. Can Tho Port JSC's annualized net income for the quarter that ended in . 20 was ₫ Mil. Can Tho Port JSC's average shareholder tangible equity for the quarter that ended in . 20 was ₫ Mil. Therefore, Can Tho Port JSC's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for Can Tho Port JSC's Return-on-Tangible-Equity or its related term are showing as below:

HSTC:CCT's Return-on-Tangible-Equity is not ranked *
in the Transportation industry.
Industry Median: 9.64
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Can Tho Port JSC Return-on-Tangible-Equity Historical Data

The historical data trend for Can Tho Port JSC'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.

Can Tho Port JSC Return-on-Tangible-Equity Chart

Can Tho Port JSC Annual Data
Trend
Return-on-Tangible-Equity

Can Tho Port JSC Semi-Annual Data
Return-on-Tangible-Equity

Competitive Comparison of Can Tho Port JSC's Return-on-Tangible-Equity

For the Marine Shipping subindustry, Can Tho Port JSC'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.


Can Tho Port JSC's Return-on-Tangible-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Can Tho Port JSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Can Tho Port JSC's Return-on-Tangible-Equity falls into.



Can Tho Port JSC Return-on-Tangible-Equity Calculation

Can Tho Port JSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Can Tho Port JSC's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Can Tho Port JSC  (HSTC:CCT) 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.


Can Tho Port JSC Return-on-Tangible-Equity Related Terms

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


Can Tho Port JSC (HSTC:CCT) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2 KV Phu Thang, P. Tan Phu, Q. Cai Rang, Can Tho, VNM
Can Tho Port JSC is one of the national seaports of Vietnam. The services of the company include Port Operation, Logistics services, and Other services.