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TT Vision Holdings Bhd (XKLS:0272) Return-on-Tangible-Equity : 23.80% (As of Dec. 2024)


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What is TT Vision Holdings Bhd 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. TT Vision Holdings Bhd's annualized net income for the quarter that ended in Dec. 2024 was RM26.41 Mil. TT Vision Holdings Bhd's average shareholder tangible equity for the quarter that ended in Dec. 2024 was RM110.96 Mil. Therefore, TT Vision Holdings Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 23.80%.

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

XKLS:0272' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.56   Med: 13.52   Max: 24.3
Current: 3.54

During the past 9 years, TT Vision Holdings Bhd's highest Return-on-Tangible-Equity was 24.30%. The lowest was -11.56%. And the median was 13.52%.

XKLS:0272's Return-on-Tangible-Equity is ranked worse than
54.28% of 969 companies
in the Semiconductors industry
Industry Median: 5.01 vs XKLS:0272: 3.54

TT Vision Holdings Bhd Return-on-Tangible-Equity Historical Data

The historical data trend for TT Vision Holdings Bhd'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.

TT Vision Holdings Bhd Return-on-Tangible-Equity Chart

TT Vision Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 5.11 18.89 18.75 13.52 3.57

TT Vision Holdings Bhd Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 16.48 6.95 15.03 -30.69 23.80

Competitive Comparison of TT Vision Holdings Bhd's Return-on-Tangible-Equity

For the Semiconductor Equipment & Materials subindustry, TT Vision Holdings 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.


TT Vision Holdings Bhd's Return-on-Tangible-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, TT Vision Holdings Bhd's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where TT Vision Holdings Bhd's Return-on-Tangible-Equity falls into.


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TT Vision Holdings Bhd Return-on-Tangible-Equity Calculation

TT Vision Holdings Bhd'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 )
=3.803/( (98.778+114.442 )/ 2 )
=3.803/106.61
=3.57 %

TT Vision Holdings Bhd'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: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=26.408/( (107.48+114.442)/ 2 )
=26.408/110.961
=23.80 %

* 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.


TT Vision Holdings Bhd  (XKLS:0272) 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.


TT Vision Holdings Bhd Return-on-Tangible-Equity Related Terms

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


TT Vision Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Plot 106, Hilir Sungai Keluang 5, Phase 4, Bayan Lepas Industrial Zone, Bayan Lepas, George Town, PNG, MYS, 11900
TT Vision Holdings Bhd is a technology-driven company specialising in the development of automated machine vision solutions. It is a manufacturer of machine vision equipment used for the inspection of optoelectronics (mainly LEDs), solar cells, discrete components, and ICs (chips) as well as vision-guided robotics. The machine vision equipment also incorporates additional functions such as reject handling, testing, and sorting depending on the customer's requirement. The company's business activities typically entail equipment design, software development, manufacture, assembly, and installation of equipment or modules. Geographically, the company generates a majority of its revenue from China and Malaysia followed by Philippines, Korea, Germany, United States, and other regions.

TT Vision Holdings Bhd Headlines

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