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Hutchison Whampoa (FRA:HUWH) Return-on-Tangible-Equity : 28.95% (As of Dec. 2014)


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What is Hutchison Whampoa 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. Hutchison Whampoa's annualized net income for the quarter that ended in Dec. 2014 was €9,315 Mil. Hutchison Whampoa's average shareholder tangible equity for the quarter that ended in Dec. 2014 was €32,174 Mil. Therefore, Hutchison Whampoa's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2014 was 28.95%.

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

FRA:HUWH's Return-on-Tangible-Equity is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.13
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Hutchison Whampoa Return-on-Tangible-Equity Historical Data

The historical data trend for Hutchison Whampoa'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.

Hutchison Whampoa Return-on-Tangible-Equity Chart

Hutchison Whampoa Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.09 - 12.48 13.74 27.99

Hutchison Whampoa Semi-Annual Data
Dec99 Dec04 Dec05 Dec06 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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 14.22 11.80 16.38 24.98 28.95

Competitive Comparison of Hutchison Whampoa's Return-on-Tangible-Equity

For the Department Stores subindustry, Hutchison Whampoa'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.


Hutchison Whampoa's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hutchison Whampoa's Return-on-Tangible-Equity distribution charts can be found below:

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



Hutchison Whampoa Return-on-Tangible-Equity Calculation

Hutchison Whampoa's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=8550.323/( (26668.279+34436.306 )/ 2 )
=8550.323/30552.2925
=27.99 %

Hutchison Whampoa's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2014 )  (Q: Jun. 2014 )(Q: Dec. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2014 )  (Q: Jun. 2014 )(Q: Dec. 2014 )
=9314.98/( (29912.177+34436.306)/ 2 )
=9314.98/32174.2415
=28.95 %

* 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. 2014) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Hutchison Whampoa  (FRA:HUWH) 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.


Hutchison Whampoa Return-on-Tangible-Equity Related Terms

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


Hutchison Whampoa (FRA:HUWH) Business Description

Traded in Other Exchanges
N/A
Address
Hutchison Whampoa Ltd is a multinational conglomerate engaged in the development, innovation and technology in various sector. The Company has six businesses segments: ports and related services, property and hotels, retail, infrastructure, energy, and telecommunications. The Company holds interests in 52 ports comprising 278 operational berths in 26 countries, including container terminals operating in five of the 10 busiest container ports in the world. It also engages in mid-stream operations, river trade, cruise terminal operations and ports related logistics services. It develops and invests in real estate projects, ranging from landmark office buildings to luxury residential properties. It holds a rental property portfolio of approximately 14.0 million square feet of office, commercial, industrial and residential premises, primarily in Hong Kong, as well as interests in a number of joint-venture developments in Mainland China and selective overseas markets. The Company has over 10,500 retail stores in 25 markets worldwide. Its retail portfolio comprises health and beauty products, supermarkets, consumer electronics and electrical appliances. The Company's infrastructure business operates mainly in Hong Kong, the United Kingdom, the Netherlands, the Mainland, Australia, New Zealand and Canada. The Company's investments in energy are principally in Canada, the United States, the Mainland, Taiwan, Greenland and Indonesia. Husky Energy Inc is a listed Canadian-based integrated energy and energy related company. The Company is an operator of mobile telecommunication and data services, and a mobile broadband technology in the world. It is also an owner and operator of fibre-optic fixed line networks in Hong Kong.

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