HKSE:00417'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -15.33 Med: 2.27 Max: 7.24
Current: -15.33
During the past 13 years, Tse Sui Luen Jewellery (International)'s highest Return-on-Tangible-Equity was 7.24%. The lowest was -15.33%. And the median was 2.27%.
HKSE:00417's Return-on-Tangible-Equity is ranked worse than 83.49% of 1048
companies
in the Retail - Cyclical industry
Industry Median: 7.32
vs HKSE:00417: -15.33
Tse Sui Luen Jewellery (International) Return-on-Tangible-Equity Historical Data
* 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.
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Tse Sui Luen Jewellery (International) Return-on-Tangible-Equity Chart
Tse Sui Luen Jewellery (International) Annual Data
Competitive Comparison of Tse Sui Luen Jewellery (International)'s Return-on-Tangible-Equity
For the Luxury Goods subindustry, Tse Sui Luen Jewellery (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.
Tse Sui Luen Jewellery (International)'s Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Tse Sui Luen Jewellery (International)'s Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tse Sui Luen Jewellery (International)'s Return-on-Tangible-Equity falls into.
Tse Sui Luen Jewellery (International) Return-on-Tangible-Equity Calculation
* 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 (Sep. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Tse Sui Luen Jewellery (International) (HKSE:00417) 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.
Tse Sui Luen Jewellery (International) Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Tse Sui Luen Jewellery (International)'s Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Tse Sui Luen Jewellery (International) (HKSE:00417) Business Description
Tse Sui Luen Jewellery (International) Ltd is an investment holding company. It is engaged in the manufacture, sale, and marketing of jewelry products as well as the provision of service. The company's operating segment includes Retail Business, Wholesale Business, E-Business, and Other Businesses. It generates maximum revenue from the Retail Business segment which includes direct retail sales of jewellery products to end consumers through the physical outlets. The group derives revenue from the customers in Hong Kong and Macau, Mainland China and other countries.
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