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Viet Nam Construction Securities JSC (HSTC:CSI) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is Viet Nam Construction Securities JSC 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. Viet Nam Construction Securities JSC's annualized net income for the quarter that ended in . 20 was ₫ Mil. Viet Nam Construction Securities JSC's average shareholder tangible equity for the quarter that ended in . 20 was ₫ Mil. Therefore, Viet Nam Construction Securities JSC's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for Viet Nam Construction Securities JSC's Return-on-Tangible-Equity or its related term are showing as below:

HSTC:CSI's Return-on-Tangible-Equity is not ranked *
in the Capital Markets industry.
Industry Median: 5.52
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Viet Nam Construction Securities JSC Return-on-Tangible-Equity Historical Data

The historical data trend for Viet Nam Construction Securities JSC'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.

Viet Nam Construction Securities JSC Return-on-Tangible-Equity Chart

Viet Nam Construction Securities JSC Annual Data
Trend
Return-on-Tangible-Equity

Viet Nam Construction Securities JSC Semi-Annual Data
Return-on-Tangible-Equity

Competitive Comparison of Viet Nam Construction Securities JSC's Return-on-Tangible-Equity

For the Capital Markets subindustry, Viet Nam Construction Securities JSC'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.


Viet Nam Construction Securities JSC's Return-on-Tangible-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Viet Nam Construction Securities JSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Viet Nam Construction Securities JSC's Return-on-Tangible-Equity falls into.


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Viet Nam Construction Securities JSC Return-on-Tangible-Equity Calculation

Viet Nam Construction Securities JSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Viet Nam Construction Securities JSC's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Viet Nam Construction Securities JSC  (HSTC:CSI) 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.


Viet Nam Construction Securities JSC Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Viet Nam Construction Securities JSC's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Viet Nam Construction Securities JSC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
48 Le Van Luong, Nhan Chinh ward, 11th floor, Diamond Flower Building, Thanh Xuan district, Hanoi, VNM
Viet Nam Construction Securities JSC focuses on developing three main business lines: brokerage, securities investment consultancy, and securities depository. Its business activities comprise Securities brokerage; Securities investment advisory; Securities depository; Corporate finance advisory; and Proprietary trading.

Viet Nam Construction Securities JSC Headlines

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