GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Success Transformer Corp Bhd (XKLS:7207) » Definitions » Return-on-Tangible-Equity

Success Transformer Bhd (XKLS:7207) Return-on-Tangible-Equity : 4.60% (As of Dec. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Success Transformer 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. Success Transformer Bhd's annualized net income for the quarter that ended in Dec. 2024 was RM17.5 Mil. Success Transformer Bhd's average shareholder tangible equity for the quarter that ended in Dec. 2024 was RM379.4 Mil. Therefore, Success Transformer Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 4.60%.

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

XKLS:7207' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.37   Med: 5.79   Max: 17.28
Current: 4.56

During the past 13 years, Success Transformer Bhd's highest Return-on-Tangible-Equity was 17.28%. The lowest was 2.37%. And the median was 5.79%.

XKLS:7207's Return-on-Tangible-Equity is ranked worse than
59.48% of 2932 companies
in the Industrial Products industry
Industry Median: 6.75 vs XKLS:7207: 4.56

Success Transformer Bhd Return-on-Tangible-Equity Historical Data

The historical data trend for Success Transformer 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.

Success Transformer Bhd Return-on-Tangible-Equity Chart

Success Transformer Bhd Annual Data
Trend Dec13 Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.19 6.40 5.64 5.56 5.93

Success Transformer Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 7.41 4.35 7.08 2.21 4.60

Competitive Comparison of Success Transformer Bhd's Return-on-Tangible-Equity

For the Electrical Equipment & Parts subindustry, Success Transformer 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.


Success Transformer Bhd's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Success Transformer Bhd's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Success Transformer Bhd's Return-on-Tangible-Equity falls into.


;
;

Success Transformer Bhd Return-on-Tangible-Equity Calculation

Success Transformer Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=22.054/( (362.421+381.546 )/ 2 )
=22.054/371.9835
=5.93 %

Success Transformer 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 )
=17.452/( (379.217+379.655)/ 2 )
=17.452/379.436
=4.60 %

* 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.


Success Transformer Bhd  (XKLS:7207) 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.


Success Transformer Bhd Return-on-Tangible-Equity Related Terms

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


Success Transformer Bhd Business Description

Traded in Other Exchanges
N/A
Address
Number 3, 5 and 7, Jalan TSB 8, Taman Industri Sungai Buloh, Sungai Buloh, SGR, MYS, 47000
Success Transformer Corp Bhd engages in the designing, manufacturing, and distribution of electrical apparatus, industrial lighting, as well as process equipment. Its portfolio includes an LED range of industrial lighting products such as floodlights, streetlights, and HID lighting. Geographically, it derives a majority of its revenue from Malaysia. Geographically the company also derives revenue from PRC and Overseas countries.

Success Transformer Bhd Headlines

No Headlines