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Tianjin Printronics Circuit (SZSE:002134) Return-on-Tangible-Equity : 0.74% (As of Mar. 2025)


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What is Tianjin Printronics Circuit 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. Tianjin Printronics Circuit's annualized net income for the quarter that ended in Mar. 2025 was ¥2 Mil. Tianjin Printronics Circuit's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ¥274 Mil. Therefore, Tianjin Printronics Circuit's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 0.74%.

The historical rank and industry rank for Tianjin Printronics Circuit's Return-on-Tangible-Equity or its related term are showing as below:

SZSE:002134' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -21.33   Med: 3.37   Max: 13.3
Current: 9.25

During the past 13 years, Tianjin Printronics Circuit's highest Return-on-Tangible-Equity was 13.30%. The lowest was -21.33%. And the median was 3.37%.

SZSE:002134's Return-on-Tangible-Equity is ranked better than
65.02% of 972 companies
in the Semiconductors industry
Industry Median: 5.115 vs SZSE:002134: 9.25

Tianjin Printronics Circuit Return-on-Tangible-Equity Historical Data

The historical data trend for Tianjin Printronics Circuit'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.

Tianjin Printronics Circuit Return-on-Tangible-Equity Chart

Tianjin Printronics Circuit Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 6.74 3.81 7.95 13.30

Tianjin Printronics Circuit 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 16.34 17.01 15.72 4.34 0.74

Competitive Comparison of Tianjin Printronics Circuit's Return-on-Tangible-Equity

For the Semiconductors subindustry, Tianjin Printronics Circuit'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.


Tianjin Printronics Circuit's Return-on-Tangible-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tianjin Printronics Circuit's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Tianjin Printronics Circuit's Return-on-Tangible-Equity falls into.


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Tianjin Printronics Circuit Return-on-Tangible-Equity Calculation

Tianjin Printronics Circuit'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 )
=33.864/( (237.992+271.361 )/ 2 )
=33.864/254.6765
=13.30 %

Tianjin Printronics Circuit'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 )
=2.028/( (271.361+276.102)/ 2 )
=2.028/273.7315
=0.74 %

* 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.


Tianjin Printronics Circuit  (SZSE:002134) 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.


Tianjin Printronics Circuit Return-on-Tangible-Equity Related Terms

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Tianjin Printronics Circuit Business Description

Traded in Other Exchanges
N/A
Address
No. 53 Hanghai Road, Tianjin Port Logistics Center, Tianjin Airport Free Trade Zone, Tianjin, CHN, 300308
Tianjin Printronics Circuit Corp is engaged in the manufacturing traditional rigid printed circuit boards and HDI printed circuit boards for mobile phones and developing communication back plate. The products are applied in different fields which include industrial automation control, telecommunication, aviation and aerospace, and instrument and meters, and consumer electronics. The products of the company include rigid flex board, step board, black solder mask multi-layer board, and, normal board.
Executives
Lin Xiao Hua Secretary Dong

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