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Yonyu Plastics Co (TPE:1323) Return-on-Tangible-Equity : 0.62% (As of Dec. 2024)


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What is Yonyu Plastics 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. Yonyu Plastics Co's annualized net income for the quarter that ended in Dec. 2024 was NT$16 Mil. Yonyu Plastics Co's average shareholder tangible equity for the quarter that ended in Dec. 2024 was NT$2,625 Mil. Therefore, Yonyu Plastics Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 0.62%.

The historical rank and industry rank for Yonyu Plastics Co's Return-on-Tangible-Equity or its related term are showing as below:

TPE:1323' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.52   Med: 13.61   Max: 16.22
Current: 9.43

During the past 13 years, Yonyu Plastics Co's highest Return-on-Tangible-Equity was 16.22%. The lowest was 3.52%. And the median was 13.61%.

TPE:1323's Return-on-Tangible-Equity is ranked better than
64.36% of 390 companies
in the Packaging & Containers industry
Industry Median: 6.235 vs TPE:1323: 9.43

Yonyu Plastics Co Return-on-Tangible-Equity Historical Data

The historical data trend for Yonyu Plastics 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.

Yonyu Plastics Co Return-on-Tangible-Equity Chart

Yonyu Plastics 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 13.74 12.29 7.94 3.52 9.34

Yonyu Plastics Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.27 4.04 4.35 28.67 0.62

Competitive Comparison of Yonyu Plastics Co's Return-on-Tangible-Equity

For the Packaging & Containers subindustry, Yonyu Plastics 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.


Yonyu Plastics Co's Return-on-Tangible-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Yonyu Plastics Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Yonyu Plastics Co's Return-on-Tangible-Equity falls into.


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Yonyu Plastics Co Return-on-Tangible-Equity Calculation

Yonyu Plastics 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 )
=234.57/( (2373.253+2648.369 )/ 2 )
=234.57/2510.811
=9.34 %

Yonyu Plastics Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=16.3/( (2601.651+2648.369)/ 2 )
=16.3/2625.01
=0.62 %

* 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 (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Yonyu Plastics Co  (TPE:1323) 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.


Yonyu Plastics Co Return-on-Tangible-Equity Related Terms

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Yonyu Plastics Co Business Description

Traded in Other Exchanges
N/A
Address
No.88, Sheng Li Road, Rende District, Tainan, TWN, 717
Yonyu Plastics Co Ltd is engaged in the manufacture, wholesale, and retail of a range of plastic products. Its products include plastic bottles, tubes, and in-mold labeled cups, among others. It also provides services such as engineering design, mold fabrication, and extrusion. Its products are used for Household cleaning supplies. Personal cleaning supplies and cosmetic packaging material. Geographically, it operates in Taiwan and Mainland China.

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