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Carbon-Based Technology (ROCO:7719) Return-on-Tangible-Equity : -124.18% (As of Dec. 2024)


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What is Carbon-Based Technology 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. Carbon-Based Technology's annualized net income for the quarter that ended in Dec. 2024 was NT$-98.21 Mil. Carbon-Based Technology's average shareholder tangible equity for the quarter that ended in Dec. 2024 was NT$79.08 Mil. Therefore, Carbon-Based Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -124.18%.

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

ROCO:7719' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -95.37   Med: -28.52   Max: 104
Current: -82.88

During the past 5 years, Carbon-Based Technology's highest Return-on-Tangible-Equity was 104.00%. The lowest was -95.37%. And the median was -28.52%.

ROCO:7719's Return-on-Tangible-Equity is ranked worse than
92.93% of 297 companies
in the Aerospace & Defense industry
Industry Median: 7.95 vs ROCO:7719: -82.88

Carbon-Based Technology Return-on-Tangible-Equity Historical Data

The historical data trend for Carbon-Based Technology'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.

Carbon-Based Technology Return-on-Tangible-Equity Chart

Carbon-Based Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
- 104.00 18.43 -75.46 -95.37

Carbon-Based Technology Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Return-on-Tangible-Equity Get a 7-Day Free Trial -39.87 -40.89 -65.16 -42.01 -124.18

Competitive Comparison of Carbon-Based Technology's Return-on-Tangible-Equity

For the Aerospace & Defense subindustry, Carbon-Based Technology'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.


Carbon-Based Technology's Return-on-Tangible-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Carbon-Based Technology's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Carbon-Based Technology's Return-on-Tangible-Equity falls into.


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Carbon-Based Technology Return-on-Tangible-Equity Calculation

Carbon-Based Technology'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 )
=-70.646/( (97.549+50.61 )/ 2 )
=-70.646/74.0795
=-95.37 %

Carbon-Based Technology'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: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=-98.208/( (107.557+50.61)/ 2 )
=-98.208/79.0835
=-124.18 %

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


Carbon-Based Technology  (ROCO:7719) 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.


Carbon-Based Technology Return-on-Tangible-Equity Related Terms

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Carbon-Based Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Gongyequ 36th Road, Xitun District, Taichung, TWN, 407
Carbon-Based Technology Inc is mainly engaged in the research and development and manufacturing of precision composite materials and unmanned aerial vehicle bodies and systems. In addition, the high-end aviation parts manufacturing technology is used to develop the manufacturing and assembly of military large-scale UAV composite material body in an all-round way, and fully contribute to the national defense industry.

Carbon-Based Technology Headlines

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