GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sai Gon Cargo Service Corp (STC:SCS) » Definitions » Return-on-Tangible-Equity

Sai Gon Cargo Service (STC:SCS) Return-on-Tangible-Equity : 45.60% (As of Mar. 2025)


View and export this data going back to 2018. Start your Free Trial

What is Sai Gon Cargo Service 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. Sai Gon Cargo Service's annualized net income for the quarter that ended in Mar. 2025 was ₫679,697 Mil. Sai Gon Cargo Service's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₫1,490,638 Mil. Therefore, Sai Gon Cargo Service's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 45.60%.

The historical rank and industry rank for Sai Gon Cargo Service's Return-on-Tangible-Equity or its related term are showing as below:

STC:SCS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 35.96   Med: 49.7   Max: 53.41
Current: 48.53

During the past 7 years, Sai Gon Cargo Service's highest Return-on-Tangible-Equity was 53.41%. The lowest was 35.96%. And the median was 49.70%.

STC:SCS's Return-on-Tangible-Equity is ranked better than
90.67% of 965 companies
in the Transportation industry
Industry Median: 9.78 vs STC:SCS: 48.53

Sai Gon Cargo Service Return-on-Tangible-Equity Historical Data

The historical data trend for Sai Gon Cargo Service'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.

Sai Gon Cargo Service Return-on-Tangible-Equity Chart

Sai Gon Cargo Service Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial 46.10 49.82 48.19 35.96 50.49

Sai Gon Cargo Service Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 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 41.55 53.18 51.38 46.24 45.60

Competitive Comparison of Sai Gon Cargo Service's Return-on-Tangible-Equity

For the Airports & Air Services subindustry, Sai Gon Cargo Service'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.


Sai Gon Cargo Service's Return-on-Tangible-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sai Gon Cargo Service's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Sai Gon Cargo Service's Return-on-Tangible-Equity falls into.


;
;

Sai Gon Cargo Service Return-on-Tangible-Equity Calculation

Sai Gon Cargo Service'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 )
=692827.864/( (1338508.51+1405663.917 )/ 2 )
=692827.864/1372086.2135
=50.49 %

Sai Gon Cargo Service'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 )
=679696.772/( (1405663.917+1575611.758)/ 2 )
=679696.772/1490637.8375
=45.60 %

* 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.


Sai Gon Cargo Service  (STC:SCS) 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.


Sai Gon Cargo Service Return-on-Tangible-Equity Related Terms

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


Sai Gon Cargo Service Business Description

Traded in Other Exchanges
N/A
Address
30 Phan Thuc Duyen Street, Son Nhat International Airport, Ward 4, Tan Binh District, Ho Chi Minh City, VNM
Sai Gon Cargo Service Corp provides cargo handling services at the airport. The company offers International Cargo Handling Services, Domestic Terminal Cargo Handling Services, Perishable Goods Services, and Office Space Lease Services.