The historical rank and industry rank for Keen Ocean International Holding's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:08070'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.01 Med: 0.55 Max: 22.2
Current: 7.57
During the past 11 years, Keen Ocean International Holding's highest Return-on-Tangible-Equity was 22.20%. The lowest was -12.01%. And the median was 0.55%.
HKSE:08070's Return-on-Tangible-Equity is ranked better than 58.46% of 2340
companies
in the Hardware industry
Industry Median: 5.315
vs HKSE:08070: 7.57
Keen Ocean International Holding 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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Keen Ocean International Holding Return-on-Tangible-Equity Chart
Competitive Comparison of Keen Ocean International Holding's Return-on-Tangible-Equity
For the Electronic Components subindustry, Keen Ocean International Holding'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.
Keen Ocean International Holding's Return-on-Tangible-Equity Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Keen Ocean International Holding's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Keen Ocean International Holding'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 four times the quarterly (Dec. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Keen Ocean International Holding (HKSE:08070) 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.
Keen Ocean International Holding Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Keen Ocean International Holding's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Keen Ocean International Holding Business Description
Keen Ocean International Holding Ltd is engaged in the design, development, production, and sale of transformers, switching mode power supplies, healthcare products, and other electronic parts and components. The group sells its products domestically as well as overseas. Its customers are mainly manufacturers and trading entities. Most of the transformers and power supply products were manufactured and sold under the group's branch name Keen Ocean while all electronic parts and components as well as electric healthcare products were sold on an original equipment manufacturer (OEM) basis. Its segments include sales of transformers, sales of switching mode power supplies, sales of electronic parts and components, and sales of electric healthcare products.
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