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SDS Holdings Co (TSE:1711) Return-on-Tangible-Equity : 0.00% (As of Sep. 2024)


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What is SDS Holdings 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. SDS Holdings Co's annualized net income for the quarter that ended in Sep. 2024 was 円0 Mil. SDS Holdings Co's average shareholder tangible equity for the quarter that ended in Sep. 2024 was 円544 Mil. Therefore, SDS Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was 0.00%.

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

TSE:1711' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1191.92   Med: -105.35   Max: 21.72
Current: -22.29

During the past 13 years, SDS Holdings Co's highest Return-on-Tangible-Equity was 21.72%. The lowest was -1,191.92%. And the median was -105.35%.

TSE:1711's Return-on-Tangible-Equity is ranked worse than
88.33% of 420 companies
in the Utilities - Independent Power Producers industry
Industry Median: 7.105 vs TSE:1711: -22.29

SDS Holdings Co Return-on-Tangible-Equity Historical Data

The historical data trend for SDS Holdings 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.

SDS Holdings Co Return-on-Tangible-Equity Chart

SDS Holdings Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -214.93 -1,191.92 -105.00 -58.61 -21.40

SDS Holdings Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 -81.07 77.60 -38.44 -53.42 -

Competitive Comparison of SDS Holdings Co's Return-on-Tangible-Equity

For the Utilities - Renewable subindustry, SDS Holdings 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.


SDS Holdings Co's Return-on-Tangible-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SDS Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:

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



SDS Holdings Co Return-on-Tangible-Equity Calculation

SDS Holdings Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=-105.39/( (414.629+570.291 )/ 2 )
=-105.39/492.46
=-21.40 %

SDS Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=0/( (570.291+518.503)/ 2 )
=0/544.397
=0.00 %

* 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 (Sep. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


SDS Holdings Co  (TSE:1711) 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.


SDS Holdings Co Return-on-Tangible-Equity Related Terms

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


SDS Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
2-2-11 Izumi Shiba Daimon Building, 1st Floor, Shiba Daimon Minato-ku, Tokyo, JPN
SDS Holdings Co Ltd is engaged in the manufacturing and sales of various energy-saving products. The company promotes energy conservation business and provide energy, solutions and services to client companies. The company's core business activities are categorised into two key segments, Energy Conservation related business, and Renewable Energy business. The majority of its revenue is derived from the Renewable Energy segment.

SDS Holdings Co Headlines

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