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Cheil Industries (XKRX:001300) Return-on-Tangible-Equity : -6.53% (As of Mar. 2016)


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What is Cheil Industries 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. Cheil Industries's annualized net income for the quarter that ended in Mar. 2016 was ₩-993,898 Mil. Cheil Industries's average shareholder tangible equity for the quarter that ended in Mar. 2016 was ₩15,225,845 Mil. Therefore, Cheil Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2016 was -6.53%.

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

XKRX:001300' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.53   Med: 9.55   Max: 22.84
Current: 18.52

During the past 3 years, Cheil Industries's highest Return-on-Tangible-Equity was 22.84%. The lowest was 2.53%. And the median was 9.55%.

XKRX:001300's Return-on-Tangible-Equity is not ranked
in the Chemicals industry.
Industry Median: 5.87 vs XKRX:001300: 18.52

Cheil Industries Return-on-Tangible-Equity Historical Data

The historical data trend for Cheil Industries'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.

Cheil Industries Return-on-Tangible-Equity Chart

Cheil Industries Annual Data
Trend Dec13 Dec14 Dec15
Return-on-Tangible-Equity
2.53 9.55 22.84

Cheil Industries Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only 4.04 -2.26 121.13 -20.27 -6.53

Competitive Comparison of Cheil Industries's Return-on-Tangible-Equity

For the Chemicals subindustry, Cheil Industries'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.


Cheil Industries's Return-on-Tangible-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cheil Industries's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Cheil Industries's Return-on-Tangible-Equity falls into.



Cheil Industries Return-on-Tangible-Equity Calculation

Cheil Industries's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=2361440.637/( (5081017.344+15595258.334 )/ 2 )
=2361440.637/10338137.839
=22.84 %

Cheil Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2016 )  (Q: Dec. 2015 )(Q: Mar. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2016 )  (Q: Dec. 2015 )(Q: Mar. 2016 )
=-993897.552/( (15595258.334+14856432.345)/ 2 )
=-993897.552/15225845.3395
=-6.53 %

* 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. 2016) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Cheil Industries  (XKRX:001300) 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.


Cheil Industries Return-on-Tangible-Equity Related Terms

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


Cheil Industries (XKRX:001300) Business Description

Traded in Other Exchanges
N/A
Address
Samsung C&T Corp was founded in 1938. The Company was formed from the merger of Samsung C&T Corporation ('Samsung C&T') and Cheil Industries Inc. The Company operates four business including engineering & construction, trading & investment, fashion and resort & construction. In the engineering & construction business it provides services including planning, design, purchasing, construction and management of buildings, civil infrastructure, power plants and housing & developments. The Company's trading & investment business includes trading of industrial commodities such as chemicals, steel and natural resources, and organizing projects such as power plant, renewable energy and infrastructure development. The Company also trades chemicals and industrial materials including fertilizer, mining chemicals, methanol and electronic materials, steel products including hot rolled steel, plate and automotive steel, and natural resources including coal and copper. It also operates palm plantation. The Company's fashion business is engaged in manufacturing and designing fashion products and offers brands including 8 Seconds, 10 Corso Como Seoul, Aann Demeulemeester, Beanpole Men, Beanpole Ladies, Beanpole Kids, Beanpole Golf, Beanpole Accessory, Beanpole Outdoor, Balmain, Beaker, Colombo, Comme Des Garcons, Galaxy, Giuseppe Zanotti, Kuho, Lansmere, Lebeige and Valextra. The Company's resort business is engaged in operating Everland & Caribbean Bay resorts and Golf Clubs; and also engaged in construction, plant, and landscaping businesses.

Cheil Industries (XKRX:001300) Headlines

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