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Southern Peru Copper - Sucursal Del Peru (LIM:SPCCPI2) Return-on-Tangible-Equity : 48.18% (As of Jun. 2024)


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What is Southern Peru Copper - Sucursal Del Peru 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 Peru Copper - Sucursal Del Peru's annualized net income for the quarter that ended in Jun. 2024 was S/.13,645 Mil. Southern Peru Copper - Sucursal Del Peru's average shareholder tangible equity for the quarter that ended in Jun. 2024 was S/.28,321 Mil. Therefore, Southern Peru Copper - Sucursal Del Peru's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was 48.18%.

The historical rank and industry rank for Southern Peru Copper - Sucursal Del Peru's Return-on-Tangible-Equity or its related term are showing as below:

LIM:SPCCPI2' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 29.6   Med: 36.84   Max: 41.55
Current: 29.6

During the past 3 years, Southern Peru Copper - Sucursal Del Peru's highest Return-on-Tangible-Equity was 41.55%. The lowest was 29.60%. And the median was 36.84%.

LIM:SPCCPI2's Return-on-Tangible-Equity is ranked better than
95.31% of 2368 companies
in the Metals & Mining industry
Industry Median: -17.28 vs LIM:SPCCPI2: 29.60

Southern Peru Copper - Sucursal Del Peru Return-on-Tangible-Equity Historical Data

The historical data trend for Southern Peru Copper - Sucursal Del Peru'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 Peru Copper - Sucursal Del Peru Return-on-Tangible-Equity Chart

Southern Peru Copper - Sucursal Del Peru Annual Data
Trend Dec11 Dec12 Dec13
Return-on-Tangible-Equity
- 41.55 32.12

Southern Peru Copper - Sucursal Del Peru Quarterly Data
Dec12 Dec13 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Mar24 Jun24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.71 27.80 32.22 39.18 48.18

Competitive Comparison of Southern Peru Copper - Sucursal Del Peru's Return-on-Tangible-Equity

For the Other Industrial Metals & Mining subindustry, Southern Peru Copper - Sucursal Del Peru'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 Peru Copper - Sucursal Del Peru's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Southern Peru Copper - Sucursal Del Peru's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Southern Peru Copper - Sucursal Del Peru's Return-on-Tangible-Equity falls into.


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Southern Peru Copper - Sucursal Del Peru Return-on-Tangible-Equity Calculation

Southern Peru Copper - Sucursal Del Peru's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=5810.374/( (16714.172+19469.819 )/ 2 )
=5810.374/18091.9955
=32.12 %

Southern Peru Copper - Sucursal Del Peru's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=13644.632/( (26611.844+30030.541)/ 2 )
=13644.632/28321.1925
=48.18 %

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


Southern Peru Copper - Sucursal Del Peru  (LIM:SPCCPI2) 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 Peru Copper - Sucursal Del Peru Return-on-Tangible-Equity Related Terms

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Southern Peru Copper - Sucursal Del Peru Business Description

Traded in Other Exchanges
Address
Av. Caminos del Inca No. 171, Urb. Chacarilla del Estanque, Santiago de Surco, Lima, PER, 33
Southern Peru Copper Corp - Sucursal Del Peru produces copper in the Moquegua and Tacna provinces of Peru. The company mines for copper ore to produce copper concentrates and molybdenum concentrates. It has operations in North America, South America, Europe, Africa, Asia, and Australia.

Southern Peru Copper - Sucursal Del Peru Headlines

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