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VietNam Asia Commercial JSB (HSTC:VAB) Return-on-Tangible-Equity : 9.97% (As of Dec. 2024)


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What is VietNam Asia Commercial JSB 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. VietNam Asia Commercial JSB's annualized net income for the quarter that ended in Dec. 2024 was ₫867,025 Mil. VietNam Asia Commercial JSB's average shareholder tangible equity for the quarter that ended in Dec. 2024 was ₫8,265,497 Mil. Therefore, VietNam Asia Commercial JSB's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 10.49%.

The historical rank and industry rank for VietNam Asia Commercial JSB's Return-on-Tangible-Equity or its related term are showing as below:

HSTC:VAB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.95   Med: 10.49   Max: 12.49
Current: 10.49

During the past 3 years, VietNam Asia Commercial JSB's highest Return-on-Tangible-Equity was 12.49%. The lowest was 9.95%. And the median was 10.49%.

HSTC:VAB's Return-on-Tangible-Equity is ranked better than
50.92% of 1583 companies
in the Banks industry
Industry Median: 10.3 vs HSTC:VAB: 10.49

VietNam Asia Commercial JSB Return-on-Tangible-Equity Historical Data

The historical data trend for VietNam Asia Commercial JSB'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.

VietNam Asia Commercial JSB Return-on-Tangible-Equity Chart

VietNam Asia Commercial JSB Annual Data
Trend Dec22 Dec23 Dec24
Return-on-Tangible-Equity
12.49 9.95 10.49

VietNam Asia Commercial JSB Semi-Annual Data
Dec22 Dec23 Dec24
Return-on-Tangible-Equity 12.49 9.50 9.97

Competitive Comparison of VietNam Asia Commercial JSB's Return-on-Tangible-Equity

For the Banks - Regional subindustry, VietNam Asia Commercial JSB'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.


VietNam Asia Commercial JSB's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, VietNam Asia Commercial JSB's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where VietNam Asia Commercial JSB's Return-on-Tangible-Equity falls into.


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VietNam Asia Commercial JSB Return-on-Tangible-Equity Calculation

VietNam Asia Commercial JSB'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 )
=867024.902/( (7830744.918+8700249.023 )/ 2 )
=867024.902/8265496.9705
=10.49 %

VietNam Asia Commercial JSB's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=867024.902/( (7830744.918+8700249.023)/ 2 )
=867024.902/8265496.9705
=10.49 %

* 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 (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


VietNam Asia Commercial JSB  (HSTC:VAB) 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.


VietNam Asia Commercial JSB Return-on-Tangible-Equity Related Terms

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


VietNam Asia Commercial JSB Business Description

Traded in Other Exchanges
N/A
Address
No. 105 Chu Van An, Yet Kieu Ward, 4th and 5th Floors of Samsora Premier Building, Ha Dong District, Hanoi, VNM
VietNam Asia Commercial JSB provides banking services. The company is engaged in Mobilizing short-term, medium-term, and long-term capital; Capital for investment and development; Loans; Trading in local currency; Implementation of treasury payment services in foreign currency and others.

VietNam Asia Commercial JSB Headlines

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