What is JS Global Lifestyle Co 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. JS Global Lifestyle Co's annualized net income for the quarter that ended in Dec. 2024 was HK$-242 Mil. JS Global Lifestyle Co's average shareholder tangible equity for the quarter that ended in Dec. 2024 was HK$3,981 Mil. Therefore, JS Global Lifestyle Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -6.09%.
The historical rank and industry rank for JS Global Lifestyle Co's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:01691'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.21 Med: 53.88 Max: 1017.11
Current: 1.23
During the past 9 years, JS Global Lifestyle Co's highest Return-on-Tangible-Equity was 1,017.11%. The lowest was 1.21%. And the median was 53.88%.
HKSE:01691's Return-on-Tangible-Equity is ranked worse than 70.41% of 419
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 6.13
vs HKSE:01691: 1.23
JS Global Lifestyle Co Return-on-Tangible-Equity Historical Data
The historical data trend for JS Global Lifestyle Co'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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JS Global Lifestyle Co Return-on-Tangible-Equity Chart
Competitive Comparison of JS Global Lifestyle Co's Return-on-Tangible-Equity
For the Furnishings, Fixtures & Appliances subindustry, JS Global Lifestyle Co'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.
JS Global Lifestyle Co's Return-on-Tangible-Equity Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, JS Global Lifestyle Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where JS Global Lifestyle Co'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.
JS Global Lifestyle Co (HKSE:01691) 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.
JS Global Lifestyle Co Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of JS Global Lifestyle Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
JS Global Lifestyle Co Ltd is an investment holding company. Its operating segment includes Joyoung and SharkNinja APAC. Its Joyoung segment is involved in the design, manufacture, marketing, export, and distribution of small kitchen electrical appliances. Its SharkNinja APAC segment, which operates in the Asia Pacific Region, is involved in the design, marketing, manufacture, export, import, and distribution of a full range of floor care products, hard-surface steam cleaning products, small kitchen appliances products, personal care appliances, and home environment appliances under the brands of Shark and Ninja. The company generates maximum revenue from the Joyoung segment.
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