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Sai Gon Mien Trung Beer JSC (STC:SMB) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is Sai Gon Mien Trung Beer 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. Sai Gon Mien Trung Beer JSC's annualized net income for the quarter that ended in . 20 was ₫ Mil. Sai Gon Mien Trung Beer JSC's average shareholder tangible equity for the quarter that ended in . 20 was ₫ Mil. Therefore, Sai Gon Mien Trung Beer JSC's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

STC:SMB's Return-on-Tangible-Equity is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 10.77
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Sai Gon Mien Trung Beer JSC Return-on-Tangible-Equity Historical Data

The historical data trend for Sai Gon Mien Trung Beer 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.

Sai Gon Mien Trung Beer JSC Return-on-Tangible-Equity Chart

Sai Gon Mien Trung Beer JSC Annual Data
Trend
Return-on-Tangible-Equity

Sai Gon Mien Trung Beer JSC Semi-Annual Data
Return-on-Tangible-Equity

Competitive Comparison of Sai Gon Mien Trung Beer JSC's Return-on-Tangible-Equity

For the Beverages - Brewers subindustry, Sai Gon Mien Trung Beer 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.


Sai Gon Mien Trung Beer JSC's Return-on-Tangible-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Sai Gon Mien Trung Beer JSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Sai Gon Mien Trung Beer JSC's Return-on-Tangible-Equity falls into.


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Sai Gon Mien Trung Beer JSC Return-on-Tangible-Equity Calculation

Sai Gon Mien Trung Beer JSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Sai Gon Mien Trung Beer JSC's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Sai Gon Mien Trung Beer JSC  (STC:SMB) 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 Mien Trung Beer JSC Return-on-Tangible-Equity Related Terms

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Sai Gon Mien Trung Beer JSC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
01 Nguyen Van Linh Street, Tan An Ward, Dak Lak Province, Buon Ma Thuot, VNM
Sai Gon Mien Trung Beer JSC is engaged in the trading and production of beer, alcohol, and beverages. Its products include Serepok wine, Sai Gon Beer - Dak Lak, Qui Nhon beer, Basil Bazan, Serepok drink, and others. The company's business area includes Trading in, producing beer, alcohol, beverage, equipment, spare parts and materials for the food industry. Consulting on training, manufacturing machinery, equipment and construction works of the food industry, Investment in construction of industrial parks, residential areas, real estate business, warehouse and office leasing, Trading agro-forestry products, petrol and mineral exploitation and processing, and Trading in restaurants, hotels and tourist services.