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Debao Property Development (SGX:BTF) Return-on-Tangible-Equity : -32.00% (As of Sep. 2023)


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What is Debao Property Development 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. Debao Property Development's annualized net income for the quarter that ended in Sep. 2023 was S$-15.03 Mil. Debao Property Development's average shareholder tangible equity for the quarter that ended in Sep. 2023 was S$46.97 Mil. Therefore, Debao Property Development's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was -32.00%.

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

SGX:BTF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -31.12   Med: -3.83   Max: 8.94
Current: -16.25

During the past 12 years, Debao Property Development's highest Return-on-Tangible-Equity was 8.94%. The lowest was -31.12%. And the median was -3.83%.

SGX:BTF's Return-on-Tangible-Equity is not ranked
in the Real Estate industry.
Industry Median: 3.06 vs SGX:BTF: -16.25

Debao Property Development Return-on-Tangible-Equity Historical Data

The historical data trend for Debao Property Development'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.

Debao Property Development Return-on-Tangible-Equity Chart

Debao Property Development Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.44 -13.84 -2.87 -31.12 -28.77

Debao Property Development Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Mar23 Jun23 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 -6.38 -30.24 -21.92 -14.17 -32.00

Competitive Comparison of Debao Property Development's Return-on-Tangible-Equity

For the Real Estate - Diversified subindustry, Debao Property Development'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.


Debao Property Development's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Debao Property Development's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Debao Property Development's Return-on-Tangible-Equity falls into.



Debao Property Development Return-on-Tangible-Equity Calculation

Debao Property Development's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=-41.783/( (168.692+121.808 )/ 2 )
=-41.783/145.25
=-28.77 %

Debao Property Development'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: Jun. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-15.028/( (49.683+44.248)/ 2 )
=-15.028/46.9655
=-32.00 %

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


Debao Property Development  (SGX:BTF) 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.


Debao Property Development Return-on-Tangible-Equity Related Terms

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


Debao Property Development (SGX:BTF) Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Ground Floor, 39 Nanyi Road, Guicheng, Jiangnan Mingju Xi Yua, Nanhai District, Guangdong province, Foshan, CHN, 528200
Debao Property Development Ltd operates as a real estate development company. It is engaged in the development and construction of real estate properties. The company operates through four segments: Property development, Construction contract, Property investment, and Sale of Investment Properties. Its Property development segment is engaged in the development of residential, commercial and other properties. The company's Construction contract segment is engaged in building structural projects and interior works. The company is an integrated property developer of residential properties and commercial properties in China.

Debao Property Development (SGX:BTF) Headlines

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