GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Duc Quan Investment and Development JSC (HSTC:FTM) » Definitions » Return-on-Tangible-Equity

Duc Quan Investment and Development JSC (HSTC:FTM) Return-on-Tangible-Equity : 0.00% (As of . 20)


View and export this data going back to 2022. Start your Free Trial

What is Duc Quan Investment and Development 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. Duc Quan Investment and Development JSC's annualized net income for the quarter that ended in . 20 was ₫ Mil. Duc Quan Investment and Development JSC's average shareholder tangible equity for the quarter that ended in . 20 was ₫ Mil. Therefore, Duc Quan Investment and Development JSC's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for Duc Quan Investment and Development JSC's Return-on-Tangible-Equity or its related term are showing as below:

HSTC:FTM's Return-on-Tangible-Equity is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 4.715
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Duc Quan Investment and Development JSC Return-on-Tangible-Equity Historical Data

The historical data trend for Duc Quan Investment and Development 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.

Duc Quan Investment and Development JSC Return-on-Tangible-Equity Chart

Duc Quan Investment and Development JSC Annual Data
Trend
Return-on-Tangible-Equity

Duc Quan Investment and Development JSC Semi-Annual Data
Return-on-Tangible-Equity

Competitive Comparison of Duc Quan Investment and Development JSC's Return-on-Tangible-Equity

For the Textile Manufacturing subindustry, Duc Quan Investment and Development 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.


Duc Quan Investment and Development JSC's Return-on-Tangible-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Duc Quan Investment and Development JSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Duc Quan Investment and Development JSC's Return-on-Tangible-Equity falls into.


;
;

Duc Quan Investment and Development JSC Return-on-Tangible-Equity Calculation

Duc Quan Investment and Development 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 )
=/( (+ )/ )
=/
= %

Duc Quan Investment and Development 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.


Duc Quan Investment and Development JSC  (HSTC:FTM) 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.


Duc Quan Investment and Development JSC Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Duc Quan Investment and Development JSC's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Duc Quan Investment and Development JSC Business Description

Traded in Other Exchanges
N/A
Address
Block A2 - Nguyen Duc Canh Industrial Park, Thai Binh Province, Thai Binh, VNM
Duc Quan Investment and Development JSC is engaged in the manufacturing of cotton yarn. The company's products include cotton combed yarns, cotton carded yarns and cotton open-end yarns. It produces and exports woven fabrics, textile products, knitted fabrics, costumes, readymade garments.

Duc Quan Investment and Development JSC Headlines

No Headlines