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Arlitech Electronic (ROCO:6432) Return-on-Tangible-Equity : 6.46% (As of Dec. 2024)


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What is Arlitech Electronic 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. Arlitech Electronic's annualized net income for the quarter that ended in Dec. 2024 was NT$56 Mil. Arlitech Electronic's average shareholder tangible equity for the quarter that ended in Dec. 2024 was NT$871 Mil. Therefore, Arlitech Electronic's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 6.46%.

The historical rank and industry rank for Arlitech Electronic's Return-on-Tangible-Equity or its related term are showing as below:

ROCO:6432' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.16   Med: 9.65   Max: 16.49
Current: 6.41

During the past 13 years, Arlitech Electronic's highest Return-on-Tangible-Equity was 16.49%. The lowest was 2.16%. And the median was 9.65%.

ROCO:6432's Return-on-Tangible-Equity is ranked better than
52.65% of 2340 companies
in the Hardware industry
Industry Median: 5.62 vs ROCO:6432: 6.41

Arlitech Electronic Return-on-Tangible-Equity Historical Data

The historical data trend for Arlitech Electronic'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.

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Arlitech Electronic Return-on-Tangible-Equity Chart

Arlitech Electronic Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.99 11.61 5.79 4.63 6.38

Arlitech Electronic Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.98 7.92 9.66 1.86 6.46

Competitive Comparison of Arlitech Electronic's Return-on-Tangible-Equity

For the Electronic Components subindustry, Arlitech Electronic'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.


Arlitech Electronic's Return-on-Tangible-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Arlitech Electronic's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Arlitech Electronic's Return-on-Tangible-Equity falls into.


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Arlitech Electronic Return-on-Tangible-Equity Calculation

Arlitech Electronic'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 )
=52.719/( (776.013+875.495 )/ 2 )
=52.719/825.754
=6.38 %

Arlitech Electronic'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: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=56.236/( (866.837+875.495)/ 2 )
=56.236/871.166
=6.46 %

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


Arlitech Electronic  (ROCO:6432) 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.


Arlitech Electronic Return-on-Tangible-Equity Related Terms

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


Arlitech Electronic Business Description

Traded in Other Exchanges
N/A
Address
14th Floor , Number 646, Section 5, Re-Route, Sanchong District, New Taipei City, Taipei, TWN
Arlitech Electronic Corp is a Taiwan based company engaged in manufacturing of electronic components. It mainly provides Inductors of various types including Non-Shielded SMD Power Inductor, Shielded SMD Power Inductor, SMD Chip Inductor, EMI Suppression Filter and DIP Inductor.

Arlitech Electronic Headlines

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