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GCPEF (GCL Technology Holdings) Return-on-Tangible-Equity : -7.03% (As of Jun. 2024)


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What is GCL Technology Holdings 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. GCL Technology Holdings's annualized net income for the quarter that ended in Jun. 2024 was $-408 Mil. GCL Technology Holdings's average shareholder tangible equity for the quarter that ended in Jun. 2024 was $5,803 Mil. Therefore, GCL Technology Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was -7.03%.

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

GCPEF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -30.61   Med: 10.24   Max: 43.23
Current: -10.36

During the past 13 years, GCL Technology Holdings's highest Return-on-Tangible-Equity was 43.23%. The lowest was -30.61%. And the median was 10.24%.

GCPEF's Return-on-Tangible-Equity is ranked worse than
80.25% of 967 companies
in the Semiconductors industry
Industry Median: 4.46 vs GCPEF: -10.36

GCL Technology Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for GCL Technology Holdings'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.

GCL Technology Holdings Return-on-Tangible-Equity Chart

GCL Technology Holdings 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 -0.91 -30.73 22.70 43.26 5.84

GCL Technology Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 41.75 45.68 24.50 -13.56 -7.03

Competitive Comparison of GCL Technology Holdings's Return-on-Tangible-Equity

For the Solar subindustry, GCL Technology Holdings'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.


GCL Technology Holdings's Return-on-Tangible-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, GCL Technology Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where GCL Technology Holdings's Return-on-Tangible-Equity falls into.



GCL Technology Holdings Return-on-Tangible-Equity Calculation

GCL Technology Holdings'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 )
=351.541/( (6100.568+5948.094 )/ 2 )
=351.541/6024.331
=5.84 %

GCL Technology Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=-407.902/( (5948.094+5657.137)/ 2 )
=-407.902/5802.6155
=-7.03 %

* 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 (Jun. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


GCL Technology Holdings  (OTCPK:GCPEF) 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.


GCL Technology Holdings Return-on-Tangible-Equity Related Terms

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


GCL Technology Holdings Business Description

Traded in Other Exchanges
Address
1 Austin Road West, Unit 1703-1706, Level 17, International Commerce Centre, Kowloon, Hong Kong, HKG
GCL Technology Holdings Ltd is an investment holding company. It is principally engaged in the manufacturing and sales of polysilicon and wafers for the solar industry; and the sales of electricity, development, investment, management, and operation of solar projects. The company operates in two reportable segments Solar material business which mainly manufactures and sales of polysilicon and wafers to companies operating in the solar industry, and the Solar farm business which manages and operates solar farms located in the USA and the PRC. The majority of revenue is derived from the Solar material business segment.

GCL Technology Holdings Headlines

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