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Stella International Holdings (Stella International Holdings) Return-on-Tangible-Equity : 16.58% (As of Dec. 2023)


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What is Stella International Holdings 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. Stella International Holdings's annualized net income for the quarter that ended in Dec. 2023 was $171 Mil. Stella International Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $1,030 Mil. Therefore, Stella International Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 16.58%.

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

SLNLY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.18   Med: 9.75   Max: 13.85
Current: 13.85

During the past 13 years, Stella International Holdings's highest Return-on-Tangible-Equity was 13.85%. The lowest was 0.18%. And the median was 9.75%.

SLNLY's Return-on-Tangible-Equity is ranked better than
76.7% of 1017 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.45 vs SLNLY: 13.85

Stella International Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Stella International Holdings'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.

Stella International Holdings Return-on-Tangible-Equity Chart

Stella International Holdings 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 10.15 0.18 9.33 11.82 13.76

Stella International Holdings 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 11.95 12.14 11.52 11.10 16.58

Competitive Comparison of Stella International Holdings's Return-on-Tangible-Equity

For the Footwear & Accessories subindustry, Stella International Holdings'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.


Stella International Holdings's Return-on-Tangible-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Stella International Holdings's Return-on-Tangible-Equity distribution charts can be found below:

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



Stella International Holdings Return-on-Tangible-Equity Calculation

Stella International Holdings'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 )
=141.072/( (998.861+1051.205 )/ 2 )
=141.072/1025.033
=13.76 %

Stella International Holdings'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 )
=170.708/( (1008.618+1051.205)/ 2 )
=170.708/1029.9115
=16.58 %

* 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.


Stella International Holdings  (OTCPK:SLNLY) 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.


Stella International Holdings Return-on-Tangible-Equity Related Terms

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Stella International Holdings (Stella International Holdings) Business Description

Traded in Other Exchanges
Address
133 Hoi Bun Road, Flat C, 20th Floor, MG Tower, Kowloon, HKG
Stella International Holdings Ltd designs and manufactures footwear for its clients, who sell the products to consumers under their brand names. Stella's clients include many of the world's top casual footwear companies as well as several prominent fashion and high-fashion companies and brands. The firm operates in two segments. The Manufacturing segment engages in the sale and manufacture of footwear and handbag. The Footwear retailing and wholesaling segment engages in the sale of self-developed brands. The majority of revenue is from the manufacturing segment. Geographically, North America accounts for the majority of revenue.

Stella International Holdings (Stella International Holdings) Headlines

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