Mien Trung Power Investment And Development JSC (HSTC:SEB) Return-on-Tangible-Equity : 0.00% (As of . 20)

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What is Mien Trung Power 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. Mien Trung Power Investment And Development JSC's annualized net income for the quarter that ended in . 20 was ₫ Mil. Mien Trung Power Investment And Development JSC's average shareholder tangible equity for the quarter that ended in . 20 was ₫ Mil. Therefore, Mien Trung Power 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 Mien Trung Power Investment And Development JSC's Return-on-Tangible-Equity or its related term are showing as below:

HSTC:SEB's Return-on-Tangible-Equity is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 10.64
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Mien Trung Power Investment And Development JSC Return-on-Tangible-Equity Historical Data

The historical data trend for Mien Trung Power 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.

Mien Trung Power Investment And Development JSC Return-on-Tangible-Equity Chart

Mien Trung Power Investment And Development JSC Annual Data

Trend

Return-on-Tangible-Equity

Mien Trung Power Investment And Development JSC Quarterly Data

Return-on-Tangible-Equity

Competitive Comparison of Mien Trung Power Investment And Development JSC's Return-on-Tangible-Equity

For the Utilities - Regulated Electric subindustry, Mien Trung Power 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.

Mien Trung Power Investment And Development JSC's Return-on-Tangible-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Mien Trung Power Investment And Development JSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Mien Trung Power Investment And Development JSC's Return-on-Tangible-Equity falls into.

Mien Trung Power Investment And Development JSC Return-on-Tangible-Equity Calculation

Mien Trung Power 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 )
	=		/	( (	+	)	/ )
	=		/
	=	%

Mien Trung Power 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 )
	=		/	( (	+	)	/ )
	=		/
	=	%

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

Mien Trung Power Investment And Development JSC (HSTC:SEB) 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.

Mien Trung Power Investment And Development JSC Return-on-Tangible-Equity Related Terms

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Mien Trung Power Investment And Development JSC (HSTC:SEB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Mien Trung Power Investment And Development JSC (HSTC:SEB) » Definitions » Return-on-Tangible-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Lam Spon, Phuoc Hoa Ward, Nha Trang City, Khanh Hoa, VNM

Website

https://www.mientrungpid.com.vn

Mien Trung Power Investment And Development JSC is engaged in the production and sales of electricity. It is also involved in constructing residential, industrial, transportation, marine, hydropower, and electricity works. The company is also engaged in the installation of concrete structures, steel structures, and electrical and water equipment.