What is Top Form International 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. Top Form International's annualized net income for the quarter that ended in Dec. 2024 was HK$-36 Mil. Top Form International's average shareholder tangible equity for the quarter that ended in Dec. 2024 was HK$371 Mil. Therefore, Top Form International's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -9.58%.
The historical rank and industry rank for Top Form International's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:00333'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -20.18 Med: 0.69 Max: 6.14
Current: -1.9
During the past 13 years, Top Form International's highest Return-on-Tangible-Equity was 6.14%. The lowest was -20.18%. And the median was 0.69%.
HKSE:00333's Return-on-Tangible-Equity is ranked worse than 76.22% of 1005
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.85
vs HKSE:00333: -1.90
Top Form International Return-on-Tangible-Equity Historical Data
The historical data trend for Top Form International'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.
Top Form International Return-on-Tangible-Equity Chart
Competitive Comparison of Top Form International's Return-on-Tangible-Equity
For the Apparel Manufacturing subindustry, Top Form International'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.
Top Form International's Return-on-Tangible-Equity Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Top Form International's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Top Form International's Return-on-Tangible-Equity falls into.
* 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. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Top Form International (HKSE:00333) 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.
Top Form International Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Top Form International's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Top Form International Ltd is an investment holding company. The company designs, manufacture, and distributes ladies intimate apparel, principally brassieres. Geographically, it derives a majority of revenue from the United States of America and also has a presence in Belgium; Hong Kong, Cambodia, Myanmar, Indonesia, Netherlands; Spain; France; Sri Lanka; Canada; People's Republic of China; Germany; Italy; Mexico; and other countries.
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