GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Yulon Finance Corp (TPE:9941) » Definitions » Return-on-Tangible-Equity

Yulon Finance (TPE:9941) Return-on-Tangible-Equity : 11.92% (As of Mar. 2025)


View and export this data going back to 2001. Start your Free Trial

What is Yulon Finance 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. Yulon Finance's annualized net income for the quarter that ended in Mar. 2025 was NT$4,586 Mil. Yulon Finance's average shareholder tangible equity for the quarter that ended in Mar. 2025 was NT$38,470 Mil. Therefore, Yulon Finance's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 11.92%.

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

TPE:9941' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.28   Med: 18.55   Max: 25.01
Current: 13.28

During the past 13 years, Yulon Finance's highest Return-on-Tangible-Equity was 25.01%. The lowest was 13.28%. And the median was 18.55%.

TPE:9941's Return-on-Tangible-Equity is ranked better than
73.1% of 513 companies
in the Credit Services industry
Industry Median: 6.59 vs TPE:9941: 13.28

Yulon Finance Return-on-Tangible-Equity Historical Data

The historical data trend for Yulon Finance'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.

Yulon Finance Return-on-Tangible-Equity Chart

Yulon Finance 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 17.34 25.01 21.05 18.34 13.91

Yulon Finance 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 14.34 14.84 17.64 9.31 11.92

Competitive Comparison of Yulon Finance's Return-on-Tangible-Equity

For the Credit Services subindustry, Yulon Finance'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.


Yulon Finance's Return-on-Tangible-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Yulon Finance's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Yulon Finance's Return-on-Tangible-Equity falls into.


;
;

Yulon Finance Return-on-Tangible-Equity Calculation

Yulon Finance'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 )
=5102.489/( (35556.221+37830.787 )/ 2 )
=5102.489/36693.504
=13.91 %

Yulon Finance'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 )
=4586.228/( (37830.787+39108.787)/ 2 )
=4586.228/38469.787
=11.92 %

* 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.


Yulon Finance  (TPE:9941) 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.


Yulon Finance Return-on-Tangible-Equity Related Terms

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


Yulon Finance Business Description

Traded in Other Exchanges
Address
No. 2, Dunhua South Road, Section 2, 15th Floor, Taipei, TWN
Yulon Finance Corp is mainly focused on purchasing of accounts receivable which are related to products such as new cars and used cars.

Yulon Finance Headlines

No Headlines