GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sun Hing Printing Holdings Ltd (HKSE:01975) » Definitions » Return-on-Tangible-Equity

Sun Hing Printing Holdings (HKSE:01975) Return-on-Tangible-Equity : 1.18% (As of Dec. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Sun Hing Printing 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. Sun Hing Printing Holdings's annualized net income for the quarter that ended in Dec. 2024 was HK$5.6 Mil. Sun Hing Printing Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2024 was HK$471.9 Mil. Therefore, Sun Hing Printing Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 1.18%.

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

HKSE:01975' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.03   Med: 15.41   Max: 27.31
Current: 3.03

During the past 10 years, Sun Hing Printing Holdings's highest Return-on-Tangible-Equity was 27.31%. The lowest was 3.03%. And the median was 15.41%.

HKSE:01975's Return-on-Tangible-Equity is ranked worse than
73.76% of 987 companies
in the Business Services industry
Industry Median: 11.86 vs HKSE:01975: 3.03

Sun Hing Printing Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Sun Hing Printing 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.

Sun Hing Printing Holdings Return-on-Tangible-Equity Chart

Sun Hing Printing Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.54 22.14 27.31 16.28 3.55

Sun Hing Printing Holdings Semi-Annual Data
Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 27.92 4.71 2.37 4.85 1.18

Competitive Comparison of Sun Hing Printing Holdings's Return-on-Tangible-Equity

For the Specialty Business Services subindustry, Sun Hing Printing 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.


Sun Hing Printing Holdings's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sun Hing Printing Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Sun Hing Printing Holdings's Return-on-Tangible-Equity falls into.


;
;

Sun Hing Printing Holdings Return-on-Tangible-Equity Calculation

Sun Hing Printing Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=17.145/( (486.96+478.48 )/ 2 )
=17.145/482.72
=3.55 %

Sun Hing Printing Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=5.572/( (478.48+465.353)/ 2 )
=5.572/471.9165
=1.18 %

* 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.


Sun Hing Printing Holdings  (HKSE:01975) 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.


Sun Hing Printing Holdings Return-on-Tangible-Equity Related Terms

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


Sun Hing Printing Holdings Business Description

Traded in Other Exchanges
N/A
Address
35-37 Lee Chung Street, 4th Floor, Sze Hing Industrial Building, Chai Wan, Hong Kong, HKG
Sun Hing Printing Holdings Ltd is engaged in investment holding and the sale and manufacture of printing products. It is a printing service provider, covering various services such as printing solution consultation, flexographic printing, offset printing, and post-press to delivery. Its printing products are used for marketing as well as for promotion, advertising, and educational purposes. Some of its product offerings include gift boxes, deluxe packaging, booklets, and greeting cards among others. Geographically, the company derives maximum revenue from Europe, Hong Kong, the United States of America, Asia, Chinese Mainland, Oceania, and other regions.
Executives
Goody Capital Limited
Goody Luck Limited
Chan Chi Ming
Chan Chun Sang Desmond
Chan Kenneth Chi Kin
Chan Peter Tit Sang
Leong Angela On Kei
Chan Lai Lin Diana
Lee Shuk Fong Rebecca
Tso Yin Wah
Wong Orangeo Wendy

Sun Hing Printing Holdings Headlines

No Headlines