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NVC International Holdings (HKSE:02222) Return-on-Tangible-Equity : 17.66% (As of Dec. 2023)


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What is NVC International 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. NVC International Holdings's annualized net income for the quarter that ended in Dec. 2023 was HK$542 Mil. NVC International Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2023 was HK$3,068 Mil. Therefore, NVC International Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 17.66%.

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

HKSE:02222' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -14.36   Med: 1.03   Max: 173.96
Current: 9.22

During the past 13 years, NVC International Holdings's highest Return-on-Tangible-Equity was 173.96%. The lowest was -14.36%. And the median was 1.03%.

HKSE:02222's Return-on-Tangible-Equity is ranked better than
56.82% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 7.25 vs HKSE:02222: 9.22

NVC International Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for NVC International 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.

NVC International Holdings Return-on-Tangible-Equity Chart

NVC International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 173.96 -1.99 0.22 -2.47 9.07

NVC International Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only -4.18 -1.12 -3.88 0.55 17.66

Competitive Comparison of NVC International Holdings's Return-on-Tangible-Equity

For the Furnishings, Fixtures & Appliances subindustry, NVC International 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.


NVC International Holdings's Return-on-Tangible-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, NVC International Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where NVC International Holdings's Return-on-Tangible-Equity falls into.



NVC International Holdings Return-on-Tangible-Equity Calculation

NVC International Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=278.911/( (2936.271+3213.303 )/ 2 )
=278.911/3074.787
=9.07 %

NVC International Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=541.672/( (2922.563+3213.303)/ 2 )
=541.672/3067.933
=17.66 %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


NVC International Holdings  (HKSE:02222) 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.


NVC International Holdings Return-on-Tangible-Equity Related Terms

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


NVC International Holdings (HKSE:02222) Business Description

Traded in Other Exchanges
N/A
Address
Phase 3, Hong Kong Science Park, Unit 705, 7th Floor, Building 20E, Pak Shek Kok, Hong Kong, HKG
NVC International Holdings Ltd is engaged in the lighting industry. Its segment includes NVC brand lighting products - international market, Non-NVC brand lighting products - domestic market, and Non-NVC brand lighting products - international market It offers lighting solutions to hospitality, commercial, and corporate projects across varied industries sectors. The products offered by the company include LED Floodlights, LED Inground lights, LED Under canopy lighting, and LED Linear lighting among others. majority of the revenue of the company is generated from the United States.
Executives
Harbour Faith Enterprises Limited 2101 Beneficial owner
Chan Sin Wa Carrie 2201 Interest of corporation controlled by you
Gold Interact Investment Limited 2106 Person having a security interest in shares
Su Lixin 2101 Beneficial owner
Ye Yong
Canopy Capital Limited 2101 Beneficial owner
Harker Hall Capital Ltd. 2201 Interest of corporation controlled by you
Leap Gain Limited 2201 Interest of corporation controlled by you
Oneworld Legend Limited 2201 Interest of corporation controlled by you
Wang Keven Dun 2201 Interest of corporation controlled by you
Elec-tech International (hk) Co Ltd 2101 Beneficial owner
An Hui De Hao Run Da Dian Qi Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Su Lixin 2101 Beneficial owner
Zhao Yu
Cai Sheng You Xian Gong Si

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