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Topco Technologies (ROCO:3388) Return-on-Tangible-Equity : 6.04% (As of Mar. 2025)


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What is Topco Technologies 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. Topco Technologies's annualized net income for the quarter that ended in Mar. 2025 was NT$279 Mil. Topco Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2025 was NT$4,615 Mil. Therefore, Topco Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 6.04%.

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

ROCO:3388' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.89   Med: 10.34   Max: 14.67
Current: 6.93

During the past 13 years, Topco Technologies's highest Return-on-Tangible-Equity was 14.67%. The lowest was 5.89%. And the median was 10.34%.

ROCO:3388's Return-on-Tangible-Equity is ranked better than
57.51% of 1532 companies
in the Chemicals industry
Industry Median: 5.3 vs ROCO:3388: 6.93

Topco Technologies Return-on-Tangible-Equity Historical Data

The historical data trend for Topco Technologies'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.

Topco Technologies Return-on-Tangible-Equity Chart

Topco Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.11 14.32 10.57 5.89 6.72

Topco Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5.74 6.87 7.68 7.09 6.04

Competitive Comparison of Topco Technologies's Return-on-Tangible-Equity

For the Specialty Chemicals subindustry, Topco Technologies'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.


Topco Technologies's Return-on-Tangible-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Topco Technologies's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Topco Technologies's Return-on-Tangible-Equity falls into.


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Topco Technologies Return-on-Tangible-Equity Calculation

Topco Technologies's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=303.207/( (4335.605+4685.07 )/ 2 )
=303.207/4510.3375
=6.72 %

Topco Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=278.576/( (4685.07+4545.605)/ 2 )
=278.576/4615.3375
=6.04 %

* 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. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Topco Technologies  (ROCO:3388) 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.


Topco Technologies Return-on-Tangible-Equity Related Terms

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


Topco Technologies Business Description

Traded in Other Exchanges
N/A
Address
No.102, Sec. 4, Civic Boulevard, 14th Floor, Da-an District, Taipei, TWN, 10690
Topco Technologies Corp is engaged in the import and export business of products related to chemical materials and business of general trading activities. Its products include silicone oil, cosmetic raw materials, silicone resin, organic silicone powder, conductive thermal material, grease, and sealant. The company also sells LED packaging materials and solar cell application materials. The company operates in three segments: Taipei Department, Overseas Department, and Taichung Department. he majority of its revenue is generated from the Overseas Department, which is responsible for the merchandising business of importing and exporting chemical material-related products according to different regions. Geographically, it operates in Taiwan and Mainland China.

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