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Suzhou Dongshan Precision Manufacturing Co (SZSE:002384) Return-on-Tangible-Equity : 11.39% (As of Mar. 2025)


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What is Suzhou Dongshan Precision Manufacturing 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. Suzhou Dongshan Precision Manufacturing Co's annualized net income for the quarter that ended in Mar. 2025 was ¥1,823 Mil. Suzhou Dongshan Precision Manufacturing Co's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ¥16,010 Mil. Therefore, Suzhou Dongshan Precision Manufacturing Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 11.39%.

The historical rank and industry rank for Suzhou Dongshan Precision Manufacturing Co's Return-on-Tangible-Equity or its related term are showing as below:

SZSE:002384' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.71   Med: 13.94   Max: 18.45
Current: 8.04

During the past 13 years, Suzhou Dongshan Precision Manufacturing Co's highest Return-on-Tangible-Equity was 18.45%. The lowest was 1.71%. And the median was 13.94%.

SZSE:002384's Return-on-Tangible-Equity is ranked better than
60.31% of 2338 companies
in the Hardware industry
Industry Median: 5.265 vs SZSE:002384: 8.04

Suzhou Dongshan Precision Manufacturing Co Return-on-Tangible-Equity Historical Data

The historical data trend for Suzhou Dongshan Precision Manufacturing 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.

Suzhou Dongshan Precision Manufacturing Co Return-on-Tangible-Equity Chart

Suzhou Dongshan Precision Manufacturing Co 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 18.45 16.48 18.25 13.57 7.05

Suzhou Dongshan Precision Manufacturing Co 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 7.64 7.19 13.25 0.47 11.39

Competitive Comparison of Suzhou Dongshan Precision Manufacturing Co's Return-on-Tangible-Equity

For the Electronic Components subindustry, Suzhou Dongshan Precision Manufacturing 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.


Suzhou Dongshan Precision Manufacturing Co's Return-on-Tangible-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Suzhou Dongshan Precision Manufacturing Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Suzhou Dongshan Precision Manufacturing Co's Return-on-Tangible-Equity falls into.


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Suzhou Dongshan Precision Manufacturing Co Return-on-Tangible-Equity Calculation

Suzhou Dongshan Precision Manufacturing Co'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 )
=1085.642/( (15070.135+15744.181 )/ 2 )
=1085.642/15407.158
=7.05 %

Suzhou Dongshan Precision Manufacturing Co'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 )
=1823.448/( (15744.181+16275.062)/ 2 )
=1823.448/16009.6215
=11.39 %

* 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.


Suzhou Dongshan Precision Manufacturing Co  (SZSE:002384) 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.


Suzhou Dongshan Precision Manufacturing Co Return-on-Tangible-Equity Related Terms

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Suzhou Dongshan Precision Manufacturing Co Business Description

Traded in Other Exchanges
N/A
Address
No. 88 Tangdong Road, Wuzhong Economic Development Zone, Suzhou, CHN, 215124
Suzhou Dongshan Precision Manufacturing Co Ltd is a China-based company involved in the research, development, manufacture, and sale of precision metal products. It provides precision manufacturing services for LED lighting, LCM & machine, smart device, and communication device among others.
Executives
Yuan Yong Feng Directors, executives
Yuan Yong Gang Director
Dan Jian Bin Director
Wang Xu Directors, executives
Mao Xiao Yan Directors, Directors, and Executives
Fei Li Jian Supervisors
Huang Li Gui Director
Zheng Feng Independent director
Xu Yi Min Directors, executives
Zhou Gui Hua Executives
Chen Xiao Yong Director

Suzhou Dongshan Precision Manufacturing Co Headlines

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