What is San Shing Fastech 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. San Shing Fastech's annualized net income for the quarter that ended in Mar. 2025 was NT$1,062 Mil. San Shing Fastech's average shareholder tangible equity for the quarter that ended in Mar. 2025 was NT$6,758 Mil. Therefore, San Shing Fastech's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 15.72%.
The historical rank and industry rank for San Shing Fastech's Return-on-Tangible-Equity or its related term are showing as below:
TPE:5007'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.79 Med: 15.73 Max: 20.53
Current: 15.49
During the past 13 years, San Shing Fastech's highest Return-on-Tangible-Equity was 20.53%. The lowest was 9.79%. And the median was 15.73%.
TPE:5007's Return-on-Tangible-Equity is ranked better than 77.9% of 2932
companies
in the Industrial Products industry
Industry Median: 6.75
vs TPE:5007: 15.49
San Shing Fastech Return-on-Tangible-Equity Historical Data
The historical data trend for San Shing Fastech'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.
Competitive Comparison of San Shing Fastech's Return-on-Tangible-Equity
For the Tools & Accessories subindustry, San Shing Fastech'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.
San Shing Fastech's Return-on-Tangible-Equity Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, San Shing Fastech's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where San Shing Fastech's Return-on-Tangible-Equity falls into.
* 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.
San Shing Fastech (TPE:5007) 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.
San Shing Fastech Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of San Shing Fastech's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
San Shing Fastech Corp is a Taiwanese manufacturer of steel nuts and bolts. It also produces washers, screws, wire processing, machineries, dies, and vehicle fasteners for automobiles. The company's reportable segments are; the Fastener segment which focuses on the manufacturing and marketing of bolts, nuts, and washers, processing of wires, and heat treatment; the Machine / Tooling segment focuses on the manufacturing and marketing of toolings and machines; and the Other Operation segment focuses on the marketing of wires, investments, and other financial income and expenditure, etc. The majority of the company's revenue is generated from its Fastener segment. Geographically, key revenue for the firm is derived from the USA followed by Germany, Taiwan, and other regions.
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