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Kedge Construction Co (TPE:2546) Return-on-Tangible-Equity : 30.43% (As of Dec. 2024)


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What is Kedge Construction 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. Kedge Construction Co's annualized net income for the quarter that ended in Dec. 2024 was NT$1,558 Mil. Kedge Construction Co's average shareholder tangible equity for the quarter that ended in Dec. 2024 was NT$5,120 Mil. Therefore, Kedge Construction Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 30.43%.

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

TPE:2546' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.25   Med: 16.97   Max: 27.23
Current: 18.01

During the past 13 years, Kedge Construction Co's highest Return-on-Tangible-Equity was 27.23%. The lowest was 6.25%. And the median was 16.97%.

TPE:2546's Return-on-Tangible-Equity is ranked better than
74.31% of 1674 companies
in the Construction industry
Industry Median: 7.5 vs TPE:2546: 18.01

Kedge Construction Co Return-on-Tangible-Equity Historical Data

The historical data trend for Kedge Construction 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.

Kedge Construction Co Return-on-Tangible-Equity Chart

Kedge Construction 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 21.56 22.51 27.23 22.03 17.26

Kedge Construction 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 27.08 10.47 11.68 18.93 30.43

Competitive Comparison of Kedge Construction Co's Return-on-Tangible-Equity

For the Engineering & Construction subindustry, Kedge Construction 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.


Kedge Construction Co's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kedge Construction Co's Return-on-Tangible-Equity distribution charts can be found below:

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


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Kedge Construction Co Return-on-Tangible-Equity Calculation

Kedge Construction 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 )
=874.356/( (4804.16+5327.986 )/ 2 )
=874.356/5066.073
=17.26 %

Kedge Construction 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 )
=1558.112/( (4911.081+5327.986)/ 2 )
=1558.112/5119.5335
=30.43 %

* 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.


Kedge Construction Co  (TPE:2546) 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.


Kedge Construction Co Return-on-Tangible-Equity Related Terms

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Kedge Construction Co Business Description

Traded in Other Exchanges
N/A
Address
Heping E. Road, Section 3, 6th Floor, Number 131, Taipei, TWN
Kedge Construction Co Ltd operates in the contracting business of residential property and public construction. The projects of the company are in areas of Collective Housing, Department Store, Institutional School, Technology Factory Office, Biotech Medical, and Civil Engineering. The company's reportable operating segment only is the construction segment.

Kedge Construction Co Headlines

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