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Lung Teh Shipbuilding Co (TPE:6753) Return-on-Tangible-Equity : 17.79% (As of Mar. 2025)


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What is Lung Teh Shipbuilding 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. Lung Teh Shipbuilding Co's annualized net income for the quarter that ended in Mar. 2025 was NT$671 Mil. Lung Teh Shipbuilding Co's average shareholder tangible equity for the quarter that ended in Mar. 2025 was NT$3,770 Mil. Therefore, Lung Teh Shipbuilding Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 17.79%.

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

TPE:6753' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.94   Med: 15.75   Max: 23.27
Current: 17.39

During the past 8 years, Lung Teh Shipbuilding Co's highest Return-on-Tangible-Equity was 23.27%. The lowest was 10.94%. And the median was 15.75%.

TPE:6753's Return-on-Tangible-Equity is ranked better than
66.11% of 298 companies
in the Aerospace & Defense industry
Industry Median: 8.385 vs TPE:6753: 17.39

Lung Teh Shipbuilding Co Return-on-Tangible-Equity Historical Data

The historical data trend for Lung Teh Shipbuilding 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.

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Lung Teh Shipbuilding Co Return-on-Tangible-Equity Chart

Lung Teh Shipbuilding Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial 10.94 13.60 16.07 23.27 21.06

Lung Teh Shipbuilding Co Quarterly Data
Dec18 Dec19 Jun20 Dec20 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 32.32 25.75 10.63 15.73 17.79

Competitive Comparison of Lung Teh Shipbuilding Co's Return-on-Tangible-Equity

For the Aerospace & Defense subindustry, Lung Teh Shipbuilding 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.


Lung Teh Shipbuilding Co's Return-on-Tangible-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Lung Teh Shipbuilding Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Lung Teh Shipbuilding Co's Return-on-Tangible-Equity falls into.


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Lung Teh Shipbuilding Co Return-on-Tangible-Equity Calculation

Lung Teh Shipbuilding 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 )
=706.623/( (3025.791+3685.369 )/ 2 )
=706.623/3355.58
=21.06 %

Lung Teh Shipbuilding 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 )
=670.816/( (3685.369+3854.743)/ 2 )
=670.816/3770.056
=17.79 %

* 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.


Lung Teh Shipbuilding Co  (TPE:6753) 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.


Lung Teh Shipbuilding Co Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Lung Teh Shipbuilding Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Lung Teh Shipbuilding Co Business Description

Traded in Other Exchanges
N/A
Address
Gangqian Road, 4th Floor, No.37, Lane 221, Neihu, TWN, 114
Lung Teh Shipbuilding Co Ltd is engaged in shipbuilding business in Taiwan. The company manufactures, maintains, and sells high performance fast speed boats. It has a two operating segments: Taipei Factory and Others. The Company operates in two geographical areas: Taiwan and Singapore. It generates maximum revenue from Taiwan.

Lung Teh Shipbuilding Co Headlines

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