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Mos House Group (HKSE:01653) Return-on-Tangible-Equity : 6.85% (As of Sep. 2024)


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What is Mos House Group 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. Mos House Group's annualized net income for the quarter that ended in Sep. 2024 was HK$10.0 Mil. Mos House Group's average shareholder tangible equity for the quarter that ended in Sep. 2024 was HK$145.9 Mil. Therefore, Mos House Group's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was 6.85%.

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

HKSE:01653' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.75   Med: 10.01   Max: 48.54
Current: -0.65

During the past 10 years, Mos House Group's highest Return-on-Tangible-Equity was 48.54%. The lowest was -0.75%. And the median was 10.01%.

HKSE:01653's Return-on-Tangible-Equity is ranked worse than
78.33% of 1675 companies
in the Construction industry
Industry Median: 7.64 vs HKSE:01653: -0.65

Mos House Group Return-on-Tangible-Equity Historical Data

The historical data trend for Mos House Group'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.

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Mos House Group Return-on-Tangible-Equity Chart

Mos House Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.75 10.04 9.98 1.12 1.60

Mos House Group Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 12.03 -9.74 12.31 -8.49 6.85

Competitive Comparison of Mos House Group's Return-on-Tangible-Equity

For the Building Products & Equipment subindustry, Mos House Group'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.


Mos House Group's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Mos House Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Mos House Group's Return-on-Tangible-Equity falls into.


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Mos House Group Return-on-Tangible-Equity Calculation

Mos House Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=2.163/( (127.36+143.42 )/ 2 )
=2.163/135.39
=1.60 %

Mos House Group's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=9.99/( (143.42+148.415)/ 2 )
=9.99/145.9175
=6.85 %

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


Mos House Group  (HKSE:01653) 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.


Mos House Group Return-on-Tangible-Equity Related Terms

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


Mos House Group Business Description

Traded in Other Exchanges
N/A
Address
228 Wan Chai Road, Unit 1001, 10th Floor, Plaza 228, Wanchai, Hong Kong, HKG
Mos House Group Ltd is an investment holding company. Along with its subsidiaries, it is principally engaged in the trading of ceramic tiles in Hong Kong. It offers tiles products such as Porcelain tiles, Ceramic tiles, Mosaic tiles, Bathroom fixtures and others. Its segments include Trading of tiles and bathroom fixture products - sale of tiles and bathroom fixtures products through either retail or non-retail channel; and Property investment. It generates maximum revenue from Trading of tiles and bathroom fixture product segment. It operates in Hong Kong and Macau, out of which maximum revenue is derived from Hong Kong.
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Mos House Group Headlines

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