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SF Holding Co (SZSE:002352) Return-on-Tangible-Equity : 11.91% (As of Mar. 2024)


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What is SF Holding Co 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. SF Holding Co's annualized net income for the quarter that ended in Mar. 2024 was ¥7,647 Mil. SF Holding Co's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ¥64,201 Mil. Therefore, SF Holding Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 11.91%.

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

SZSE:002352' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.61   Med: 17.42   Max: 30.59
Current: 13.54

During the past 13 years, SF Holding Co's highest Return-on-Tangible-Equity was 30.59%. The lowest was 3.61%. And the median was 17.42%.

SZSE:002352's Return-on-Tangible-Equity is ranked better than
62.67% of 935 companies
in the Transportation industry
Industry Median: 9.66 vs SZSE:002352: 13.54

SF Holding Co Return-on-Tangible-Equity Historical Data

The historical data trend for SF Holding Co'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.

SF Holding Co Return-on-Tangible-Equity Chart

SF Holding Co 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 20.28 20.88 8.64 10.80 13.46

SF Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.76 16.29 13.57 12.42 11.91

Competitive Comparison of SF Holding Co's Return-on-Tangible-Equity

For the Integrated Freight & Logistics subindustry, SF Holding Co'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.


SF Holding Co's Return-on-Tangible-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SF Holding Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where SF Holding Co's Return-on-Tangible-Equity falls into.



SF Holding Co Return-on-Tangible-Equity Calculation

SF Holding Co'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 )
=8234.493/( (57429.556+64942.87 )/ 2 )
=8234.493/61186.213
=13.46 %

SF Holding Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=7646.544/( (64942.87+63459.59)/ 2 )
=7646.544/64201.23
=11.91 %

* 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 (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


SF Holding Co  (SZSE:002352) 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.


SF Holding Co Return-on-Tangible-Equity Related Terms

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


SF Holding Co (SZSE:002352) Business Description

Traded in Other Exchanges
N/A
Address
No. 303 Fuyong Avenue, Room 801, 8th Floor, Wanfu Building, Bao’an District, Guangdong Province, Shenzhen, CHN, 518103
SF Holdings was the largest logistics integrated service provider in China and Asia, and the fourth largest globally in 2022 by revenue, according to Frost & Sullivan. It is the only large integrated logistics service provider in Asia that has direct control of its operations with minimal reliance on network partners, according to SF's Hong Kong secondary listing filing. It is also independent of any e-commerce platforms. The company is equipped with full-product service capabilities in time-definite express delivery, economic express delivery, freight, cold chain and pharmaceutical, intracity on-demand delivery, international express delivery, international freight and forwarding, and supply chain.

SF Holding Co (SZSE:002352) Headlines

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