The historical rank and industry rank for Shanghai INT Medical Instruments Co's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:01501'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.62 Med: 12.82 Max: 23.23
Current: 12.82
During the past 9 years, Shanghai INT Medical Instruments Co's highest Return-on-Tangible-Equity was 23.23%. The lowest was 9.62%. And the median was 12.82%.
HKSE:01501's Return-on-Tangible-Equity is ranked better than 72.03% of 758
companies
in the Medical Devices & Instruments industry
Industry Median: 2.605
vs HKSE:01501: 12.82
Shanghai INT Medical Instruments Co Return-on-Tangible-Equity Historical Data
* 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.
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Shanghai INT Medical Instruments Co Return-on-Tangible-Equity Chart
Competitive Comparison of Shanghai INT Medical Instruments Co's Return-on-Tangible-Equity
For the Medical Instruments & Supplies subindustry, Shanghai INT Medical Instruments 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.
Shanghai INT Medical Instruments Co's Return-on-Tangible-Equity Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Shanghai INT Medical Instruments Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shanghai INT Medical Instruments Co's Return-on-Tangible-Equity falls into.
* 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. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Shanghai INT Medical Instruments Co (HKSE:01501) 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.
Shanghai INT Medical Instruments Co Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Shanghai INT Medical Instruments Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Shanghai INT Medical Instruments Co Business Description
Shanghai INT Medical Instruments Co Ltd engages in the design and development of medical devices used in fields including peripheral intervention, neurological intervention, cardiovascular intervention, or implantation, and the design and development of equipment and moulds used for the production of medical devices. The company operates in the Chinese Mainland, Europe, the United States, and Other countries and regions. The majority of the revenue comes from the Chinese Mainland.
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