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PT Arwana Citramulia Tbk (PT Arwana Citramulia Tbk) Return-on-Tangible-Equity : 20.77% (As of Dec. 2023)


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What is PT Arwana Citramulia Tbk 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. PT Arwana Citramulia Tbk's annualized net income for the quarter that ended in Dec. 2023 was $24.03 Mil. PT Arwana Citramulia Tbk's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $115.72 Mil. Therefore, PT Arwana Citramulia Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 20.77%.

The historical rank and industry rank for PT Arwana Citramulia Tbk's Return-on-Tangible-Equity or its related term are showing as below:

PTWCF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.85   Med: 21.91   Max: 34.38
Current: 25.94

During the past 13 years, PT Arwana Citramulia Tbk's highest Return-on-Tangible-Equity was 34.38%. The lowest was 7.85%. And the median was 21.91%.

PTWCF's Return-on-Tangible-Equity is ranked better than
81.59% of 1602 companies
in the Construction industry
Industry Median: 7.82 vs PTWCF: 25.94

PT Arwana Citramulia Tbk Return-on-Tangible-Equity Historical Data

The historical data trend for PT Arwana Citramulia Tbk'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.

PT Arwana Citramulia Tbk Return-on-Tangible-Equity Chart

PT Arwana Citramulia Tbk 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 19.64 26.27 33.08 32.82 24.80

PT Arwana Citramulia Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 26.66 35.47 24.62 25.23 20.77

Competitive Comparison of PT Arwana Citramulia Tbk's Return-on-Tangible-Equity

For the Building Products & Equipment subindustry, PT Arwana Citramulia Tbk'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.


PT Arwana Citramulia Tbk's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, PT Arwana Citramulia Tbk's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PT Arwana Citramulia Tbk's Return-on-Tangible-Equity falls into.



PT Arwana Citramulia Tbk Return-on-Tangible-Equity Calculation

PT Arwana Citramulia Tbk'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 )
=28.885/( (114.683+118.286 )/ 2 )
=28.885/116.4845
=24.80 %

PT Arwana Citramulia Tbk'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: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=24.032/( (113.154+118.286)/ 2 )
=24.032/115.72
=20.77 %

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


PT Arwana Citramulia Tbk  (OTCPK:PTWCF) 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.


PT Arwana Citramulia Tbk Return-on-Tangible-Equity Related Terms

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PT Arwana Citramulia Tbk (PT Arwana Citramulia Tbk) Business Description

Traded in Other Exchanges
Address
Sentra Niaga Puri Indah Blok T2 No. 24, Kembangan Selatan, Jakarta, IDN, 11610
PT Arwana Citramulia Tbk manufactures and distributes ceramic tiles in Indonesia. Its products include marble, plain, granite, strata, rustic, decorative, and wood. The company sells its products under the Arwana Ceramic Tiles brand through distributors and retail outlets. Business activity functions through nearly every city and the main town in Indonesia together with thousands of retail outlets. Revenue for the organization is derived solely from the sale of products.

PT Arwana Citramulia Tbk (PT Arwana Citramulia Tbk) Headlines