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. Sunsuria Bhd's annualized net income for the quarter that ended in Mar. 2024 was RM17.2 Mil. Sunsuria Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2024 was RM1,050.5 Mil. Therefore, Sunsuria Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 1.64%.
The historical rank and industry rank for Sunsuria Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:3743'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.3 Med: 3.7 Max: 21.78
Current: 1.26
During the past 13 years, Sunsuria Bhd's highest Return-on-Tangible-Equity was 21.78%. The lowest was -1.30%. And the median was 3.70%.
XKLS:3743's Return-on-Tangible-Equity is ranked worse than 58.43% of 1761
companies
in the Real Estate industry
Industry Median: 2.8
vs XKLS:3743: 1.26
Sunsuria Bhd Return-on-Tangible-Equity Historical Data
The historical data trend for Sunsuria 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.
Competitive Comparison of Sunsuria Bhd's Return-on-Tangible-Equity
For the Real Estate - Development subindustry, Sunsuria 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.
Sunsuria Bhd's Return-on-Tangible-Equity Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Sunsuria Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sunsuria Bhd's Return-on-Tangible-Equity falls into.
Sunsuria Bhd Return-on-Tangible-Equity Calculation
Sunsuria Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2023 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 (Mar. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Sunsuria Bhd (XKLS:3743) 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.
Sunsuria Bhd Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Sunsuria Bhd's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Sunsuria Bhd is an investment holding company. It operates in Four segments: property development, Construction, Healthcare, Investment holding & others. Property development undertakes the development of commercial and residential properties. The construction segment is engaged in construction activities. Investment holding and others include; investment activities, provision of management services, and others. The healthcare segment includes; the trading of pharmaceutical and medical goods, healthcare-related products, and the operation of integrated healthcare centers. The majority of its revenue comes from property development. The firm operates within Malaysia.
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