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Cathay Real Estate Development Co (TPE:2501) Return-on-Tangible-Equity : 2.75% (As of Mar. 2025)


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What is Cathay Real Estate Development 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. Cathay Real Estate Development Co's annualized net income for the quarter that ended in Mar. 2025 was NT$772 Mil. Cathay Real Estate Development Co's average shareholder tangible equity for the quarter that ended in Mar. 2025 was NT$28,102 Mil. Therefore, Cathay Real Estate Development Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 2.75%.

The historical rank and industry rank for Cathay Real Estate Development Co's Return-on-Tangible-Equity or its related term are showing as below:

TPE:2501' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.4   Med: 6.2   Max: 15.11
Current: 4.44

During the past 13 years, Cathay Real Estate Development Co's highest Return-on-Tangible-Equity was 15.11%. The lowest was 3.40%. And the median was 6.20%.

TPE:2501's Return-on-Tangible-Equity is ranked better than
54.07% of 1720 companies
in the Real Estate industry
Industry Median: 3.53 vs TPE:2501: 4.44

Cathay Real Estate Development Co Return-on-Tangible-Equity Historical Data

The historical data trend for Cathay Real Estate Development 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.

Cathay Real Estate Development Co Return-on-Tangible-Equity Chart

Cathay Real Estate Development 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 6.08 3.40 4.84 8.52 5.79

Cathay Real Estate Development 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 8.25 5.07 1.18 8.72 2.75

Competitive Comparison of Cathay Real Estate Development Co's Return-on-Tangible-Equity

For the Real Estate - Development subindustry, Cathay Real Estate Development 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.


Cathay Real Estate Development Co's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cathay Real Estate Development Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Cathay Real Estate Development Co's Return-on-Tangible-Equity falls into.


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Cathay Real Estate Development Co Return-on-Tangible-Equity Calculation

Cathay Real Estate Development 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 )
=1577.4/( (26258.074+28209.467 )/ 2 )
=1577.4/27233.7705
=5.79 %

Cathay Real Estate Development 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 )
=772.132/( (28209.467+27994.489)/ 2 )
=772.132/28101.978
=2.75 %

* 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.


Cathay Real Estate Development Co  (TPE:2501) 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.


Cathay Real Estate Development Co Return-on-Tangible-Equity Related Terms

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Cathay Real Estate Development Co Business Description

Traded in Other Exchanges
N/A
Address
Dunhua South Road, 2nd Floor, No. 218, Section 2, Da’an District, Taipei, TWN, 106
Cathay Real Estate Development Co Ltd is a manufacturer to build residential and commercial buildings for leasing and selling. The property types the company provides are high-rise residential buildings, shops, office buildings, and integrated commercial buildings. The company also operates other real estate businesses related to its primary business, such as engineering, real estate management, and consultant subsidiaries.

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