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Windflow Technology (Windflow Technology) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Dec. 2017)


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What is Windflow Technology 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. Windflow Technology's annualized net income for the quarter that ended in Dec. 2017 was $15.55 Mil. Windflow Technology's average shareholder tangible equity for the quarter that ended in Dec. 2017 was $-2.53 Mil. Therefore, Windflow Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2017 was Negative Tangible Equity%.

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

WFLWY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -324.11   Med: -65.3   Max: Negative Tangible Equity
Current: Negative Tangible Equity

During the past 11 years, Windflow Technology's highest Return-on-Tangible-Equity was Negative Tangible Equity%. The lowest was -324.11%. And the median was -65.30%.

WFLWY's Return-on-Tangible-Equity is not ranked
in the Industrial Products industry.
Industry Median: 7.565 vs WFLWY: Negative Tangible Equity

Windflow Technology Return-on-Tangible-Equity Historical Data

The historical data trend for Windflow Technology'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.

Windflow Technology Return-on-Tangible-Equity Chart

Windflow Technology Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Return-on-Tangible-Equity
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Windflow Technology Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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 - - - - Negative Tangible Equity

Competitive Comparison of Windflow Technology's Return-on-Tangible-Equity

For the Specialty Industrial Machinery subindustry, Windflow Technology'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.


Windflow Technology's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

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

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



Windflow Technology Return-on-Tangible-Equity Calculation

Windflow Technology's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2017 )  (A: Jun. 2016 )(A: Jun. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2017 )  (A: Jun. 2016 )(A: Jun. 2017 )
=-3.477/( (-2.684+-6.145 )/ 2 )
=-3.477/-4.4145
=N/A %

Windflow Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2017 )  (Q: Jun. 2017 )(Q: Dec. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2017 )  (Q: Jun. 2017 )(Q: Dec. 2017 )
=15.552/( (-6.145+1.094)/ 2 )
=15.552/-2.5255
=Negative Tangible Equity %

* 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 two times the semi-annual (Dec. 2017) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Windflow Technology  (GREY:WFLWY) 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.


Windflow Technology Return-on-Tangible-Equity Related Terms

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


Windflow Technology (Windflow Technology) Business Description

Traded in Other Exchanges
N/A
Address
Windflow Technology Ltd is engaged in the manufacturing and development of wind turbines. The company operates in two segments namely Wind Turbines segment, Licensing segment, and Corporate segment. Wind Turbines Segment Represents manufacturing, installing, commissioning, selling, operating and maintaining wind turbines and related parts. Licensing Segment includes licensing agreements. And corporate segment includes designing and development of wind turbine and its marketing. Some of its projects include Te Rere Hau, Gebbies Pass, Long Gully and United Kingdom Projects. It generates a majority of its revenue from Wind Turbines. Geographically, the company gets a major share of its revenue from New Zealand.

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