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Taseco Land Investment JSC (HSTC:TAL) Return-on-Tangible-Equity : 2.35% (As of Mar. 2025)


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What is Taseco Land Investment 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. Taseco Land Investment JSC's annualized net income for the quarter that ended in Mar. 2025 was ₫80,979 Mil. Taseco Land Investment JSC's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₫3,441,179 Mil. Therefore, Taseco Land Investment JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 2.35%.

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

HSTC:TAL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 19.64   Med: 19.64   Max: 20.07
Current: 20.07

During the past 2 years, Taseco Land Investment JSC's highest Return-on-Tangible-Equity was 20.07%. The lowest was 19.64%. And the median was 19.64%.

HSTC:TAL's Return-on-Tangible-Equity is ranked better than
90.81% of 1719 companies
in the Real Estate industry
Industry Median: 3.48 vs HSTC:TAL: 20.07

Taseco Land Investment JSC Return-on-Tangible-Equity Historical Data

The historical data trend for Taseco Land Investment 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.

Taseco Land Investment JSC Return-on-Tangible-Equity Chart

Taseco Land Investment JSC Annual Data
Trend Dec23 Dec24
Return-on-Tangible-Equity
- 19.64

Taseco Land Investment JSC Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only 0.79 -0.39 22.51 58.70 2.35

Competitive Comparison of Taseco Land Investment JSC's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Taseco Land Investment 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.


Taseco Land Investment JSC's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Taseco Land Investment JSC's Return-on-Tangible-Equity distribution charts can be found below:

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


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Taseco Land Investment JSC Return-on-Tangible-Equity Calculation

Taseco Land Investment 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 )
=657228.439/( (0+3346056.496 )/ 1 )
=657228.439/3346056.496
=19.64 %

Taseco Land Investment 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 )
=80979.284/( (3346056.496+3536301.575)/ 2 )
=80979.284/3441179.0355
=2.35 %

* 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.


Taseco Land Investment JSC  (HSTC:TAL) 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.


Taseco Land Investment JSC Return-on-Tangible-Equity Related Terms

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Taseco Land Investment JSC Business Description

Traded in Other Exchanges
N/A
Address
Floor 01, Building NO2-T1, Xuan Tao Street, Diplomatic Corps Area, Xuan Tao Ward, Bac Tu Liem District, Hanoi, VNM
Taseco Land Investment JSC is a company whose main business activities are investing and trading in real estate, constructing civil works, leasing, trading in real estate management services and other related services. It has successfully implemented a series of high-quality real estate projects in major provinces and cities. Each project invested in by TASECO Land has a prime location and high profit opportunities. With outstanding construction quality, synchronous services and amenities, Taseco Land has been best meeting the requirements and expectations of customers.