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Fadu (XKRX:440110) Return-on-Tangible-Equity : -46.46% (As of Dec. 2023)


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What is Fadu 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. Fadu's annualized net income for the quarter that ended in Dec. 2023 was ₩-91,829 Mil. Fadu's average shareholder tangible equity for the quarter that ended in Dec. 2023 was ₩197,663 Mil. Therefore, Fadu's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -46.46%.

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

XKRX:440110' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -50.5   Med: -50.5   Max: -34.21
Current: -34.21

During the past 4 years, Fadu's highest Return-on-Tangible-Equity was -34.21%. The lowest was -50.50%. And the median was -50.50%.

XKRX:440110's Return-on-Tangible-Equity is ranked worse than
90.11% of 961 companies
in the Semiconductors industry
Industry Median: 5.23 vs XKRX:440110: -34.21

Fadu Return-on-Tangible-Equity Historical Data

The historical data trend for Fadu'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.

Fadu Return-on-Tangible-Equity Chart

Fadu Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
- - - -50.50

Fadu Quarterly Data
Mar22 Sep22 Dec22 Mar23 Sep23 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial - 38.53 -36.79 -44.24 -46.46

Competitive Comparison of Fadu's Return-on-Tangible-Equity

For the Semiconductors subindustry, Fadu'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.


Fadu's Return-on-Tangible-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Fadu's Return-on-Tangible-Equity distribution charts can be found below:

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



Fadu Return-on-Tangible-Equity Calculation

Fadu'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 )
=-56696.963/( (40415.177+184141.117 )/ 2 )
=-56696.963/112278.147
=-50.50 %

Fadu's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-91828.748/( (211184.333+184141.117)/ 2 )
=-91828.748/197662.725
=-46.46 %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Fadu  (XKRX:440110) 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.


Fadu Return-on-Tangible-Equity Related Terms

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


Fadu (XKRX:440110) Business Description

Industry
Traded in Other Exchanges
N/A
Address
16th, 17th Floor, 343 Hakdong-ro, Gangnam-gu, Seoul, KOR, 06060
Fadu Inc is a fabless semiconductor company innovating Flash storage technology and the Flash storage supply chain. The company is developing a revolutionary Flash Controller architecture for SSDs that meets the explosively diversifying data demands placed on enterprise datacenters.

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