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IDICO JSC (HSTC:IDC) Return-on-Tangible-Equity : 25.97% (As of Mar. 2025)


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What is IDICO 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. IDICO JSC's annualized net income for the quarter that ended in Mar. 2025 was ₫1,373,116 Mil. IDICO JSC's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₫5,287,174 Mil. Therefore, IDICO JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 25.97%.

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

HSTC:IDC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 16.58   Med: 24.94   Max: 49.96
Current: 33

During the past 7 years, IDICO JSC's highest Return-on-Tangible-Equity was 49.96%. The lowest was 16.58%. And the median was 24.94%.

HSTC:IDC's Return-on-Tangible-Equity is ranked better than
85.32% of 1676 companies
in the Construction industry
Industry Median: 7.35 vs HSTC:IDC: 33.00

IDICO JSC Return-on-Tangible-Equity Historical Data

The historical data trend for IDICO 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.

IDICO JSC Return-on-Tangible-Equity Chart

IDICO JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial 20.93 24.21 49.96 29.36 38.82

IDICO JSC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 57.57 36.87 43.07 27.45 25.97

Competitive Comparison of IDICO JSC's Return-on-Tangible-Equity

For the Engineering & Construction subindustry, IDICO 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.


IDICO JSC's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, IDICO JSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where IDICO JSC's Return-on-Tangible-Equity falls into.


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IDICO JSC Return-on-Tangible-Equity Calculation

IDICO JSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=1996055.116/( (4812425.051+5471496.339 )/ 2 )
=1996055.116/5141960.695
=38.82 %

IDICO JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=1373115.644/( (5471496.339+5102851.332)/ 2 )
=1373115.644/5287173.8355
=25.97 %

* 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 (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


IDICO JSC  (HSTC:IDC) 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.


IDICO JSC Return-on-Tangible-Equity Related Terms

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


IDICO JSC Business Description

Traded in Other Exchanges
N/A
Address
151 ter Nguyen Dinh Chieu, Ward 6, District 3, Ho Chi Minh City, VNM
IDICO Corp JSC is a Vietnam based company. It is formed to focused resources on finance, technology, and to invest in developing and trading in the technical infrastructure of urban areas, industrial parks, and economic zones, concentrated residential areas, investment and development of transport, irrigation hydroelectricity projects, industrial production, and housing development. IDCO's core area is to invest in developing industrial parks.

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