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Gelex Electricity JSC (STC:GEE) Return-on-Tangible-Equity : 27.92% (As of Mar. 2025)


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What is Gelex Electricity JSC 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. Gelex Electricity JSC's annualized net income for the quarter that ended in Mar. 2025 was ₫1,807,291 Mil. Gelex Electricity JSC's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₫6,473,952 Mil. Therefore, Gelex Electricity JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 27.92%.

The historical rank and industry rank for Gelex Electricity JSC's Return-on-Tangible-Equity or its related term are showing as below:

STC:GEE' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.51   Med: 16.1   Max: 32.76
Current: 32.76

During the past 4 years, Gelex Electricity JSC's highest Return-on-Tangible-Equity was 32.76%. The lowest was 11.51%. And the median was 16.10%.

STC:GEE's Return-on-Tangible-Equity is ranked better than
93.04% of 2930 companies
in the Industrial Products industry
Industry Median: 6.695 vs STC:GEE: 32.76

Gelex Electricity JSC Return-on-Tangible-Equity Historical Data

The historical data trend for Gelex Electricity JSC'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.

Gelex Electricity JSC Return-on-Tangible-Equity Chart

Gelex Electricity JSC Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
11.51 17.68 14.51 27.73

Gelex Electricity JSC Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 8.03 38.40 26.98 38.53 27.92

Competitive Comparison of Gelex Electricity JSC's Return-on-Tangible-Equity

For the Electrical Equipment & Parts subindustry, Gelex Electricity JSC'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.


Gelex Electricity JSC's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gelex Electricity JSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Gelex Electricity JSC's Return-on-Tangible-Equity falls into.


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Gelex Electricity JSC Return-on-Tangible-Equity Calculation

Gelex Electricity JSC'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 )
=1588234.635/( (5229626.304+6226370.889 )/ 2 )
=1588234.635/5727998.5965
=27.73 %

Gelex Electricity JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=1807291.272/( (6226370.889+6721534.011)/ 2 )
=1807291.272/6473952.45
=27.92 %

* 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. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Gelex Electricity JSC  (STC:GEE) 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.


Gelex Electricity JSC Return-on-Tangible-Equity Related Terms

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


Gelex Electricity JSC Business Description

Traded in Other Exchanges
N/A
Address
No. 14, Truong Chinh Street, Phu Dong Ward, Gia Lai Province, Pleiku, VNM
Gelex Electricity JSC is a company engaged in Manufacturing and trading of electrical equipment. It directly owns 5 production and business subsidiaries in the field of electrical equipment including: Vietnam Electric Cable Joint Stock Company, Electrical Equipment Joint Stock Company, Hanoi Electromechanical Manufacturing Joint Stock Company and EMIC Electrical Measurement Equipment Joint Stock Company, Copper Wire Company Vietnam CFT.

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