ES Ceramics Technology Bhd (XKLS:0100) Return-on-Tangible-Equity : 2.38% (As of Feb. 2025)

ES Ceramics Technology Bhd Return-on-Tangible-Equity Chart

ES Ceramics Technology Bhd Annual Data
	Trend	May15	May16	May17	May18	May19	May20	May21	May22	May23	May24
Return-on-Tangible-Equity		Get a 7-Day Free Trial					4.48	44.54	45.22	16.25	0.37

ES Ceramics Technology Bhd Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Return-on-Tangible-Equity	Get a 7-Day Free Trial															1.68	-22.48	5.29	2.17	2.38

Competitive Comparison of ES Ceramics Technology Bhd's Return-on-Tangible-Equity

For the Specialty Chemicals subindustry, ES Ceramics Technology Bhd'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.

ES Ceramics Technology Bhd's Return-on-Tangible-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, ES Ceramics Technology Bhd's Return-on-Tangible-Equity distribution charts can be found below:

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

ES Ceramics Technology Bhd Return-on-Tangible-Equity Calculation

ES Ceramics Technology Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in May. 2024 is calculated as

ES Ceramics Technology Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2025 is calculated as

* 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 (Feb. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

ES Ceramics Technology Bhd  (XKLS:0100) 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.

ES Ceramics Technology Bhd Return-on-Tangible-Equity Related Terms

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ES Ceramics Technology Bhd Business Description