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Taseco Land Investment JSC (HSTC:TAL) ROE % : 54.15% (As of Dec. 2024)


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What is Taseco Land Investment JSC ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Taseco Land Investment JSC's annualized net income for the quarter that ended in Dec. 2024 was ₫1,889,806 Mil. Taseco Land Investment JSC's average Total Stockholders Equity over the quarter that ended in Dec. 2024 was ₫3,489,990 Mil. Therefore, Taseco Land Investment JSC's annualized ROE % for the quarter that ended in Dec. 2024 was 54.15%.

The historical rank and industry rank for Taseco Land Investment JSC's ROE % or its related term are showing as below:

HSTC:TAL' s ROE % Range Over the Past 10 Years
Min: 17.73   Med: 17.73   Max: 18.66
Current: 18.66

During the past 2 years, Taseco Land Investment JSC's highest ROE % was 18.66%. The lowest was 17.73%. And the median was 17.73%.

HSTC:TAL's ROE % is ranked better than
90.55% of 1767 companies
in the Real Estate industry
Industry Median: 3.23 vs HSTC:TAL: 18.66

Taseco Land Investment JSC ROE % Historical Data

The historical data trend for Taseco Land Investment JSC's ROE % 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.

Taseco Land Investment JSC ROE % Chart

Taseco Land Investment JSC Annual Data
Trend Dec23 Dec24
ROE %
- 17.73

Taseco Land Investment JSC Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
ROE % Get a 7-Day Free Trial - 0.75 -0.37 21.31 54.15

Competitive Comparison of Taseco Land Investment JSC's ROE %

For the Real Estate Services subindustry, Taseco Land Investment JSC's ROE %, along with its competitors' market caps and ROE % 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.


Taseco Land Investment JSC's ROE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Taseco Land Investment JSC's ROE % distribution charts can be found below:

* The bar in red indicates where Taseco Land Investment JSC's ROE % falls into.



Taseco Land Investment JSC ROE % Calculation

Taseco Land Investment JSC's annualized ROE % for the fiscal year that ended in Dec. 2024 is calculated as

ROE %=Net Income (A: Dec. 2024 )/( (Total Stockholders Equity (A: Dec. 2023 )+Total Stockholders Equity (A: Dec. 2024 ))/ count )
=657228.439/( (0+3707015.505)/ 1 )
=657228.439/3707015.505
=17.73 %

Taseco Land Investment JSC's annualized ROE % for the quarter that ended in Dec. 2024 is calculated as

ROE %=Net Income (Q: Dec. 2024 )/( (Total Stockholders Equity (Q: Sep. 2024 )+Total Stockholders Equity (Q: Dec. 2024 ))/ count )
=1889805.744/( (3272963.936+3707015.505)/ 2 )
=1889805.744/3489989.7205
=54.15 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.


Taseco Land Investment JSC  (HSTC:TAL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=1889805.744/3489989.7205
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1889805.744 / 1741087.376)*(1741087.376 / 9385172.1945)*(9385172.1945 / 3489989.7205)
=Net Margin %*Asset Turnover*Equity Multiplier
=108.54 %*0.1855*2.6892
=ROA %*Equity Multiplier
=20.13 %*2.6892
=54.15 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=1889805.744/3489989.7205
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1889805.744 / 1953239.604) * (1953239.604 / 62997.12) * (62997.12 / 1741087.376) * (1741087.376 / 9385172.1945) * (9385172.1945 / 3489989.7205)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9675 * 31.0052 * 3.62 % * 0.1855 * 2.6892
=54.15 %

Note: The net income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Taseco Land Investment JSC ROE % Related Terms

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Taseco Land Investment JSC Business Description

Traded in Other Exchanges
N/A
Address
Floor 01, Building NO2-T1, Xuan Tao Street, Diplomatic Corps Area, Xuan Tao Ward, Bac Tu Liem District, Hanoi, VNM
Taseco Land Investment JSC is a company whose main business activities are investing and trading in real estate, constructing civil works, leasing, trading in real estate management services and other related services. It has successfully implemented a series of high-quality real estate projects in major provinces and cities. Each project invested in by TASECO Land has a prime location and high profit opportunities. With outstanding construction quality, synchronous services and amenities, Taseco Land has been best meeting the requirements and expectations of customers.

Taseco Land Investment JSC Headlines