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Seibu Giken Co (TSE:6223) Return-on-Tangible-Equity : 0.00% (As of Dec. 2024)


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What is Seibu Giken 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. Seibu Giken Co's annualized net income for the quarter that ended in Dec. 2024 was 円0 Mil. Seibu Giken Co's average shareholder tangible equity for the quarter that ended in Dec. 2024 was 円29,036 Mil. Therefore, Seibu Giken Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 0.00%.

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

TSE:6223' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.81   Med: 13.96   Max: 25.06
Current: 10.81

During the past 4 years, Seibu Giken Co's highest Return-on-Tangible-Equity was 25.06%. The lowest was 10.81%. And the median was 13.96%.

TSE:6223's Return-on-Tangible-Equity is ranked better than
66.37% of 2932 companies
in the Industrial Products industry
Industry Median: 6.75 vs TSE:6223: 10.81

Seibu Giken Co Return-on-Tangible-Equity Historical Data

The historical data trend for Seibu Giken 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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Seibu Giken Co Return-on-Tangible-Equity Chart

Seibu Giken Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
12.33 25.06 15.59 11.85

Seibu Giken Co Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
Return-on-Tangible-Equity Get a 7-Day Free Trial 15.28 13.80 7.26 13.27 -

Competitive Comparison of Seibu Giken Co's Return-on-Tangible-Equity

For the Specialty Industrial Machinery subindustry, Seibu Giken 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.


Seibu Giken Co's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Seibu Giken Co's Return-on-Tangible-Equity distribution charts can be found below:

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


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Seibu Giken Co Return-on-Tangible-Equity Calculation

Seibu Giken 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 )
=3336/( (26562+29736 )/ 2 )
=3336/28149
=11.85 %

Seibu Giken 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: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=0/( (28335+29736)/ 2 )
=0/29035.5
=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 (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Seibu Giken Co  (TSE:6223) 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.


Seibu Giken Co Return-on-Tangible-Equity Related Terms

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Seibu Giken Co Business Description

Traded in Other Exchanges
N/A
Address
3108-3 Aoyagi, Koga-shi, Fukuoka, JPN, 811-3134
Seibu Giken Co Ltd is engaged in Developing, manufacturing, selling, and providing maintenance services for desiccant dehumidifiers and VOC concentrators, etc.

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