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IS Dongseo Co (XKRX:010780) Return-on-Tangible-Equity : 7.42% (As of Jun. 2024)


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What is IS Dongseo Co 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. IS Dongseo Co's annualized net income for the quarter that ended in Jun. 2024 was ₩90,841 Mil. IS Dongseo Co's average shareholder tangible equity for the quarter that ended in Jun. 2024 was ₩1,224,672 Mil. Therefore, IS Dongseo Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was 7.42%.

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

XKRX:010780' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.56   Med: 15.28   Max: 29.46
Current: 3.56

During the past 13 years, IS Dongseo Co's highest Return-on-Tangible-Equity was 29.46%. The lowest was 3.56%. And the median was 15.28%.

XKRX:010780's Return-on-Tangible-Equity is ranked worse than
65.16% of 1633 companies
in the Construction industry
Industry Median: 7.98 vs XKRX:010780: 3.56

IS Dongseo Co Return-on-Tangible-Equity Historical Data

The historical data trend for IS Dongseo Co'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.

IS Dongseo Co Return-on-Tangible-Equity Chart

IS Dongseo Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.53 12.40 9.95 17.20 13.36

IS Dongseo Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 12.48 9.32 -13.18 10.87 7.42

Competitive Comparison of IS Dongseo Co's Return-on-Tangible-Equity

For the Engineering & Construction subindustry, IS Dongseo Co'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.


IS Dongseo Co's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, IS Dongseo Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where IS Dongseo Co's Return-on-Tangible-Equity falls into.



IS Dongseo Co Return-on-Tangible-Equity Calculation

IS Dongseo Co'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 )
=161141.056/( (1186376.511+1225688.678 )/ 2 )
=161141.056/1206032.5945
=13.36 %

IS Dongseo Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=90840.512/( (1211540.455+1237804.058)/ 2 )
=90840.512/1224672.2565
=7.42 %

* 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 (Jun. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


IS Dongseo Co  (XKRX:010780) 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.


IS Dongseo Co Return-on-Tangible-Equity Related Terms

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IS Dongseo Co Business Description

Traded in Other Exchanges
N/A
Address
Youngdongdae 741, Gangnam-gu, Seoul, KOR, 135-763
IS Dongseo Co Ltd is engaged in the construction industry in Korea. Its core business comprises manufacturing ceramic-based products such as sanitary wares, faucets, lavatories, urinals and bidets and tiles including floor tiles, stairway tiles, and exterior tiles. The company also develops apartments, villas, schools, museums, leisure facilities, and residential-commercial complexes. The company operates in three divisions namely, the Construction division, Concrete Division, and Inus Division.

IS Dongseo Co Headlines

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