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WLAN (Wialan Technologies) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is Wialan Technologies 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. Wialan Technologies's annualized net income for the quarter that ended in . 20 was $ Mil. Wialan Technologies's average shareholder tangible equity for the quarter that ended in . 20 was $ Mil. Therefore, Wialan Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

WLAN's Return-on-Tangible-Equity is not ranked *
in the Hardware industry.
Industry Median: 5.515
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Wialan Technologies Return-on-Tangible-Equity Historical Data

The historical data trend for Wialan Technologies'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.

Wialan Technologies Return-on-Tangible-Equity Chart

Wialan Technologies Annual Data
Trend
Return-on-Tangible-Equity

Wialan Technologies Semi-Annual Data
Return-on-Tangible-Equity

Competitive Comparison of Wialan Technologies's Return-on-Tangible-Equity

For the Communication Equipment subindustry, Wialan Technologies'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.


Wialan Technologies's Return-on-Tangible-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wialan Technologies's Return-on-Tangible-Equity distribution charts can be found below:

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


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Wialan Technologies Return-on-Tangible-Equity Calculation

Wialan Technologies's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Wialan Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Wialan Technologies  (OTCPK:WLAN) 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.


Wialan Technologies Return-on-Tangible-Equity Related Terms

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Wialan Technologies Business Description

Traded in Other Exchanges
N/A
Address
8240 North West 30th Terrace, Doral, FL, USA, 33122
Wialan Technologies Inc designs, builds, installs, operates, and services/maintains industrial-grade Wireless Access Points (APs), for both indoor and outdoor use. The Wireless Solutions of the company include products like Cellular Lights, Cellular Router, Grounding Box, among others, and are used in Convention Centers, Auditoriums, Stadiums, Large Office Spaces, Warehouses, Public Parks, and Marinas.

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