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HS Optimus Holdings (SGX:504) Return-on-Tangible-Equity : -3.02% (As of Sep. 2023)


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What is HS Optimus Holdings 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. HS Optimus Holdings's annualized net income for the quarter that ended in Sep. 2023 was S$-1.61 Mil. HS Optimus Holdings's average shareholder tangible equity for the quarter that ended in Sep. 2023 was S$53.47 Mil. Therefore, HS Optimus Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was -3.02%.

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

SGX:504' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.77   Med: -2.33   Max: 11.83
Current: -8.69

During the past 13 years, HS Optimus Holdings's highest Return-on-Tangible-Equity was 11.83%. The lowest was -13.77%. And the median was -2.33%.

SGX:504's Return-on-Tangible-Equity is ranked worse than
86.39% of 404 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 7.165 vs SGX:504: -8.69

HS Optimus Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for HS Optimus Holdings'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.

HS Optimus Holdings Return-on-Tangible-Equity Chart

HS Optimus Holdings Annual Data
Trend Dec13 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.84 -13.77 3.33 -2.82 -12.74

HS Optimus Holdings Semi-Annual Data
Dec13 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -6.55 0.93 -11.35 -14.14 -3.02

Competitive Comparison of HS Optimus Holdings's Return-on-Tangible-Equity

For the Furnishings, Fixtures & Appliances subindustry, HS Optimus Holdings'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.


HS Optimus Holdings's Return-on-Tangible-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, HS Optimus Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where HS Optimus Holdings's Return-on-Tangible-Equity falls into.



HS Optimus Holdings Return-on-Tangible-Equity Calculation

HS Optimus Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=-7.427/( (62.442+54.192 )/ 2 )
=-7.427/58.317
=-12.74 %

HS Optimus Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=-1.614/( (54.192+52.74)/ 2 )
=-1.614/53.466
=-3.02 %

* 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 (Sep. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


HS Optimus Holdings  (SGX:504) 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.


HS Optimus Holdings Return-on-Tangible-Equity Related Terms

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HS Optimus Holdings (SGX:504) Business Description

Traded in Other Exchanges
N/A
Address
2 Kallang Avenue, CT Hub No. 07-03, Singapore, SGP, 339407
HS Optimus Holdings Ltd is an investment holding company. The company's operating segments include Investment; Door Business and Property Business. It generates maximum revenue from the Door Business segment. The Door business segment relates to the manufacture and distribution of doors, furniture and fittings, wood-related products and supply and installation of doors, and wood-based flooring. Geographically, it derives a majority of its revenue from the United Kingdom.

HS Optimus Holdings (SGX:504) Headlines

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