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Thai Nam Plastic PCL (BKK:TNPC) Return-on-Tangible-Equity : -7.94% (As of Mar. 2025)


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What is Thai Nam Plastic PCL 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. Thai Nam Plastic PCL's annualized net income for the quarter that ended in Mar. 2025 was ฿-43 Mil. Thai Nam Plastic PCL's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ฿544 Mil. Therefore, Thai Nam Plastic PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was -7.94%.

The historical rank and industry rank for Thai Nam Plastic PCL's Return-on-Tangible-Equity or its related term are showing as below:

BKK:TNPC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -25.06   Med: 1.97   Max: 17.92
Current: -24.19

During the past 13 years, Thai Nam Plastic PCL's highest Return-on-Tangible-Equity was 17.92%. The lowest was -25.06%. And the median was 1.97%.

BKK:TNPC's Return-on-Tangible-Equity is ranked worse than
93.2% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 7.6 vs BKK:TNPC: -24.19

Thai Nam Plastic PCL Return-on-Tangible-Equity Historical Data

The historical data trend for Thai Nam Plastic PCL'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.

Thai Nam Plastic PCL Return-on-Tangible-Equity Chart

Thai Nam Plastic PCL 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 0.51 17.92 -1.22 5.79 -25.06

Thai Nam Plastic PCL 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 1.00 -16.98 -26.15 -45.18 -7.94

Competitive Comparison of Thai Nam Plastic PCL's Return-on-Tangible-Equity

For the Auto Parts subindustry, Thai Nam Plastic PCL'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.


Thai Nam Plastic PCL's Return-on-Tangible-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thai Nam Plastic PCL's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Thai Nam Plastic PCL's Return-on-Tangible-Equity falls into.


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Thai Nam Plastic PCL Return-on-Tangible-Equity Calculation

Thai Nam Plastic PCL'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 )
=-135.891/( (531.197+553.133 )/ 2 )
=-135.891/542.165
=-25.06 %

Thai Nam Plastic PCL'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 )
=-43.192/( (553.133+535.489)/ 2 )
=-43.192/544.311
=-7.94 %

* 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.


Thai Nam Plastic PCL  (BKK:TNPC) 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.


Thai Nam Plastic PCL Return-on-Tangible-Equity Related Terms

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


Thai Nam Plastic PCL Business Description

Traded in Other Exchanges
N/A
Address
Petchakasem Road, KM.23, 40 Moo 7, Omnoi, Amphur Kratumban, Samutsakorn, THA, 74130
Thai Nam Plastic PCL engages in the production and distribution of flexible plastic, synthetic leather, and car mats. The company produces both Polyvinyl chloride (PVC) and non-PVC plastic products, such as Solid sheets and Synthetic leather used for making automotive interior parts, Sports shoes, Furniture, and Stationery. It operates through the Manufacturing of Plastic Parts of the Automobile Industry Group and Other segments. The Manufacturing of Plastic Parts of the Automobile Industry Group segment, which accounts for the majority of revenue, manufactures artificial leather and automobile rubber flooring. The Other segment produces various types of plastics both soft and rigid, rolls and plates. The group has a business presence in Thailand and other countries.

Thai Nam Plastic PCL Headlines

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