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. Kim Heng's annualized net income for the quarter that ended in Dec. 2024 was S$2.6 Mil. Kim Heng's average shareholder tangible equity for the quarter that ended in Dec. 2024 was S$52.9 Mil. Therefore, Kim Heng's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 4.96%.
The historical rank and industry rank for Kim Heng's Return-on-Tangible-Equity or its related term are showing as below:
SGX:5G2'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -19.69 Med: -10.14 Max: 13.83
Current: 0.5
During the past 13 years, Kim Heng's highest Return-on-Tangible-Equity was 13.83%. The lowest was -19.69%. And the median was -10.14%.
SGX:5G2's Return-on-Tangible-Equity is ranked worse than 65.68% of 982
companies
in the Oil & Gas industry
Industry Median: 6.855
vs SGX:5G2: 0.50
Kim Heng Return-on-Tangible-Equity Historical Data
The historical data trend for Kim Heng'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.
Competitive Comparison of Kim Heng's Return-on-Tangible-Equity
For the Oil & Gas Equipment & Services subindustry, Kim Heng'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.
Kim Heng's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kim Heng's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Kim Heng's Return-on-Tangible-Equity falls into.
* 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.
Kim Heng (SGX:5G2) 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.
Kim Heng Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Kim Heng's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Kim Heng Ltd is an integrated offshore and marine value chain service provider. It is engaged in providing services like supply chain management which includes the provision of logistics, general shipping, and crew management, and provision of offshore supply vessels and heavy lift equipment, vessel sales, and newbuild which includes purchase and refurbishment of vessels for onselling, and heavy equipment sale and rental which includes leasing, sale, maintenance, import and export of heavy equipment, and providing equipment and machinery like a crawler, lorry, and mobile cranes. The operating segments are Offshore Rig Services and Supply Chain Management, and Vessel Sales and Newbuilds where offshore rig services contribute the majority of revenue.
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