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Ilwoul GML Co (XKRX:178780) Return-on-Tangible-Equity : -3.13% (As of Mar. 2024)


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What is Ilwoul GML 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. Ilwoul GML Co's annualized net income for the quarter that ended in Mar. 2024 was ₩-425 Mil. Ilwoul GML Co's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₩13,566 Mil. Therefore, Ilwoul GML Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -3.13%.

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

XKRX:178780' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -209.34   Med: -58.09   Max: 17.83
Current: -31.04

During the past 10 years, Ilwoul GML Co's highest Return-on-Tangible-Equity was 17.83%. The lowest was -209.34%. And the median was -58.09%.

XKRX:178780's Return-on-Tangible-Equity is not ranked
in the Hardware industry.
Industry Median: 5.37 vs XKRX:178780: -31.04

Ilwoul GML Co Return-on-Tangible-Equity Historical Data

The historical data trend for Ilwoul GML 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.

Ilwoul GML Co Return-on-Tangible-Equity Chart

Ilwoul GML 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 -14.96 -88.58 -69.16 -49.38 -66.79

Ilwoul GML Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 -49.11 7.27 2.46 -135.48 -3.13

Competitive Comparison of Ilwoul GML Co's Return-on-Tangible-Equity

For the Electronic Components subindustry, Ilwoul GML 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.


Ilwoul GML Co's Return-on-Tangible-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ilwoul GML Co's Return-on-Tangible-Equity distribution charts can be found below:

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



Ilwoul GML Co Return-on-Tangible-Equity Calculation

Ilwoul GML 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 )
=-6577.476/( (6316.916+13378.937 )/ 2 )
=-6577.476/9847.9265
=-66.79 %

Ilwoul GML Co'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 )
=-425.236/( (13378.937+13752.871)/ 2 )
=-425.236/13565.904
=-3.13 %

* 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.


Ilwoul GML Co  (XKRX:178780) 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.


Ilwoul GML Co Return-on-Tangible-Equity Related Terms

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Ilwoul GML Co (XKRX:178780) Business Description

Traded in Other Exchanges
N/A
Address
1034, Cheonho-daero, 8th Floor, Top Medical Center, Gangdong-gu, Seoul, KOR
Ilwoul GML Co Ltd is engaged in providing different businesses and services, and are divided into electronic parts manufacturing business and eco-energy business. The Manufacturing division engages in Medical device parts injection, mold, overseas fashion, miscellaneous goods, etc and distribution business. The Eco Energy Division is engaged in Waste oil refinery and oil wholesale and retail.

Ilwoul GML Co (XKRX:178780) Headlines

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