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Sunway Real Estate Investment Trust (XKLS:5176) Return-on-Tangible-Equity : 6.35% (As of Mar. 2024)


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What is Sunway Real Estate Investment Trust 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. Sunway Real Estate Investment Trust's annualized net income for the quarter that ended in Mar. 2024 was RM347.9 Mil. Sunway Real Estate Investment Trust's average shareholder tangible equity for the quarter that ended in Mar. 2024 was RM5,477.4 Mil. Therefore, Sunway Real Estate Investment Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 6.35%.

The historical rank and industry rank for Sunway Real Estate Investment Trust's Return-on-Tangible-Equity or its related term are showing as below:

XKLS:5176' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.35   Med: 9.22   Max: 14.12
Current: 6.01

During the past 13 years, Sunway Real Estate Investment Trust's highest Return-on-Tangible-Equity was 14.12%. The lowest was 4.35%. And the median was 9.22%.

XKLS:5176's Return-on-Tangible-Equity is ranked better than
58.56% of 794 companies
in the REITs industry
Industry Median: 4.66 vs XKLS:5176: 6.01

Sunway Real Estate Investment Trust Return-on-Tangible-Equity Historical Data

The historical data trend for Sunway Real Estate Investment Trust'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.

Sunway Real Estate Investment Trust Return-on-Tangible-Equity Chart

Sunway Real Estate Investment Trust Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.99 8.45 4.35 6.28 6.12

Sunway Real Estate Investment Trust Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.03 5.27 6.71 5.66 6.35

Competitive Comparison of Sunway Real Estate Investment Trust's Return-on-Tangible-Equity

For the REIT - Retail subindustry, Sunway Real Estate Investment Trust'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.


Sunway Real Estate Investment Trust's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sunway Real Estate Investment Trust's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Sunway Real Estate Investment Trust's Return-on-Tangible-Equity falls into.



Sunway Real Estate Investment Trust Return-on-Tangible-Equity Calculation

Sunway Real Estate Investment Trust's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=338.191/( (5527.978+5516.079 )/ 2 )
=338.191/5522.0285
=6.12 %

Sunway Real Estate Investment Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=347.92/( (5516.079+5438.625)/ 2 )
=347.92/5477.352
=6.35 %

* 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.


Sunway Real Estate Investment Trust  (XKLS:5176) 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.


Sunway Real Estate Investment Trust Return-on-Tangible-Equity Related Terms

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


Sunway Real Estate Investment Trust (XKLS:5176) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Lagoon Timur, Level 15, Menara Sunway, Bandar Sunway, Subang Jaya, SGR, MYS, 47500
Sunway Real Estate Investment Trust provides unitholders with a diversified portfolio of retail, hospitality, office, and other real estate assets. Sunway REIT divides its property type into four categories: retail, hotel, office, and others. The retail properties, which include shopping malls and hypermarkets, generate the most revenue for the company. The retail properties' tenants include department stores, supermarkets, cinemas, entertainment centers, fashion stores, convention centers, and others. The investment trust focuses on retail and mixed-use assets in cities and townships in Malaysia.

Sunway Real Estate Investment Trust (XKLS:5176) Headlines

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