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Puya Semiconductor (Shanghai) Co (SHSE:688766) Return-on-Tangible-Equity : 10.40% (As of Mar. 2024)


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What is Puya Semiconductor (Shanghai) Co 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. Puya Semiconductor (Shanghai) Co's annualized net income for the quarter that ended in Mar. 2024 was ¥200 Mil. Puya Semiconductor (Shanghai) Co's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ¥1,920 Mil. Therefore, Puya Semiconductor (Shanghai) Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 10.40%.

The historical rank and industry rank for Puya Semiconductor (Shanghai) Co's Return-on-Tangible-Equity or its related term are showing as below:

SHSE:688766' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.5   Med: 25   Max: 32.33
Current: 1.56

During the past 7 years, Puya Semiconductor (Shanghai) Co's highest Return-on-Tangible-Equity was 32.33%. The lowest was -2.50%. And the median was 25.00%.

SHSE:688766's Return-on-Tangible-Equity is ranked worse than
62.36% of 959 companies
in the Semiconductors industry
Industry Median: 5.24 vs SHSE:688766: 1.56

Puya Semiconductor (Shanghai) Co Return-on-Tangible-Equity Historical Data

The historical data trend for Puya Semiconductor (Shanghai) Co'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.

Puya Semiconductor (Shanghai) Co Return-on-Tangible-Equity Chart

Puya Semiconductor (Shanghai) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 25.00 28.80 25.20 4.27 -2.50

Puya Semiconductor (Shanghai) Co Quarterly Data
Dec17 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -5.74 -10.46 -4.99 11.38 10.40

Competitive Comparison of Puya Semiconductor (Shanghai) Co's Return-on-Tangible-Equity

For the Semiconductors subindustry, Puya Semiconductor (Shanghai) Co'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.


Puya Semiconductor (Shanghai) Co's Return-on-Tangible-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Puya Semiconductor (Shanghai) Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Puya Semiconductor (Shanghai) Co's Return-on-Tangible-Equity falls into.



Puya Semiconductor (Shanghai) Co Return-on-Tangible-Equity Calculation

Puya Semiconductor (Shanghai) Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-48.274/( (1971.891+1892.635 )/ 2 )
=-48.274/1932.263
=-2.50 %

Puya Semiconductor (Shanghai) Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=199.696/( (1892.635+1946.625)/ 2 )
=199.696/1919.63
=10.40 %

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


Puya Semiconductor (Shanghai) Co  (SHSE:688766) 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.


Puya Semiconductor (Shanghai) Co Return-on-Tangible-Equity Related Terms

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Puya Semiconductor (Shanghai) Co (SHSE:688766) Business Description

Traded in Other Exchanges
N/A
Address
No.560 Shengxia Road, Room 504, Pilot Free Trade Zone, Shanghai, CHN, 201203
Puya Semiconductor (Shanghai) Co Ltd is engaged in the design and sale of non-volatile memory chips.
Executives
Chen Kai Director
Li Zhao Gui Director
Wang Nan Director

Puya Semiconductor (Shanghai) Co (SHSE:688766) Headlines

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