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Southern Airports Services JSC (HSTC:SAS) Return-on-Tangible-Equity : 0.00% (As of . 20)


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

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

HSTC:SAS's Return-on-Tangible-Equity is not ranked *
in the Transportation industry.
Industry Median: 9.79
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Southern Airports Services JSC Return-on-Tangible-Equity Historical Data

The historical data trend for Southern Airports Services 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.

Southern Airports Services JSC Return-on-Tangible-Equity Chart

Southern Airports Services JSC Annual Data
Trend
Return-on-Tangible-Equity

Southern Airports Services JSC Semi-Annual Data
Return-on-Tangible-Equity

Competitive Comparison of Southern Airports Services JSC's Return-on-Tangible-Equity

For the Airports & Air Services subindustry, Southern Airports Services 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.


Southern Airports Services JSC's Return-on-Tangible-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Southern Airports Services JSC's Return-on-Tangible-Equity distribution charts can be found below:

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


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Southern Airports Services JSC Return-on-Tangible-Equity Calculation

Southern Airports Services 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 )
=/( (+ )/ )
=/
= %

Southern Airports Services 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.


Southern Airports Services JSC  (HSTC:SAS) 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.


Southern Airports Services JSC Return-on-Tangible-Equity Related Terms

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


Southern Airports Services JSC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Tan Son Nhat International Airport P2, Ward 2, Tan Binh District, Ho Chi Minh City, VNM
Southern Airports Services JSC is engaged in the airport commercial services industry. It offers services such as Duty-free; Arts & crafts, local specialities; Business lounges; Food and beverage; Travel service; Transportation service; Advertising service; and Spa services.

Southern Airports Services JSC Headlines

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