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Da Nhim Ham Thuan Da Mi Hydro power JSC (HSTC:DNH) Return-on-Tangible-Asset : 16.24% (As of Sep. 2024)


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What is Da Nhim Ham Thuan Da Mi Hydro power JSC Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Da Nhim Ham Thuan Da Mi Hydro power JSC's annualized Net Income for the quarter that ended in Sep. 2024 was ₫1,126,180 Mil. Da Nhim Ham Thuan Da Mi Hydro power JSC's average total tangible assets for the quarter that ended in Sep. 2024 was ₫6,933,094 Mil. Therefore, Da Nhim Ham Thuan Da Mi Hydro power JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 was 16.24%.

The historical rank and industry rank for Da Nhim Ham Thuan Da Mi Hydro power JSC's Return-on-Tangible-Asset or its related term are showing as below:

HSTC:DNH' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.49   Med: 13.51   Max: 17.04
Current: 9.07

During the past 5 years, Da Nhim Ham Thuan Da Mi Hydro power JSC's highest Return-on-Tangible-Asset was 17.04%. The lowest was 7.49%. And the median was 13.51%.

HSTC:DNH's Return-on-Tangible-Asset is ranked better than
88.81% of 438 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.99 vs HSTC:DNH: 9.07

Da Nhim Ham Thuan Da Mi Hydro power JSC Return-on-Tangible-Asset Historical Data

The historical data trend for Da Nhim Ham Thuan Da Mi Hydro power JSC's Return-on-Tangible-Asset 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.

Da Nhim Ham Thuan Da Mi Hydro power JSC Return-on-Tangible-Asset Chart

Da Nhim Ham Thuan Da Mi Hydro power JSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
11.33 7.49 15.80 17.04 13.51

Da Nhim Ham Thuan Da Mi Hydro power JSC Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Return-on-Tangible-Asset 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 16.60 8.04 3.60 9.11 16.24

Competitive Comparison of Da Nhim Ham Thuan Da Mi Hydro power JSC's Return-on-Tangible-Asset

For the Utilities - Renewable subindustry, Da Nhim Ham Thuan Da Mi Hydro power JSC's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Da Nhim Ham Thuan Da Mi Hydro power JSC's Return-on-Tangible-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Da Nhim Ham Thuan Da Mi Hydro power JSC's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Da Nhim Ham Thuan Da Mi Hydro power JSC's Return-on-Tangible-Asset falls into.


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Da Nhim Ham Thuan Da Mi Hydro power JSC Return-on-Tangible-Asset Calculation

Da Nhim Ham Thuan Da Mi Hydro power JSC's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=1123173.498/( (8610123.675+8018466.021)/ 2 )
=1123173.498/8314294.848
=13.51 %

Da Nhim Ham Thuan Da Mi Hydro power JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=1126179.88/( (6802312.947+7063875.584)/ 2 )
=1126179.88/6933094.2655
=16.24 %

* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Sep. 2024) net income data.


Da Nhim Ham Thuan Da Mi Hydro power JSC  (HSTC:DNH) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Da Nhim Ham Thuan Da Mi Hydro power JSC Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Da Nhim Ham Thuan Da Mi Hydro power JSC's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Da Nhim Ham Thuan Da Mi Hydro power JSC Business Description

Traded in Other Exchanges
N/A
Address
80A Tran Phu, Loc Son Ward, Lam Dong Province, Bao Loc, VNM
Da Nhim Ham Thuan Da Mi Hydro power JSC is engaged in the producing and trading of electricity. It involves managing, operating, and renovating electrical equipment, hydraulic works, architectural works of hydroelectric power plants. It also makes investments in the construction of hydroelectric, thermal, geothermal, wind power, solar energy projects.

Da Nhim Ham Thuan Da Mi Hydro power JSC Headlines

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