GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Truong Phu JSC (HSTC:TGP) » Definitions » ROE %

Truong Phu JSC (HSTC:TGP) ROE % : 0.00% (As of . 20)


View and export this data going back to 2009. Start your Free Trial

What is Truong Phu JSC ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Truong Phu JSC's annualized net income for the quarter that ended in . 20 was ₫ Mil. Truong Phu JSC's average Total Stockholders Equity over the quarter that ended in . 20 was ₫ Mil. Therefore, Truong Phu JSC's annualized ROE % for the quarter that ended in . 20 was %.

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

HSTC:TGP's ROE % is not ranked *
in the Industrial Products industry.
Industry Median: 6.26
* Ranked among companies with meaningful ROE % only.

Truong Phu JSC ROE % Historical Data

The historical data trend for Truong Phu 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.

Truong Phu JSC ROE % Chart

Truong Phu JSC Annual Data
Trend
ROE %

Truong Phu JSC Semi-Annual Data
ROE %

Competitive Comparison of Truong Phu JSC's ROE %

For the Electrical Equipment & Parts subindustry, Truong Phu 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.


Truong Phu JSC's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Truong Phu JSC's ROE % distribution charts can be found below:

* The bar in red indicates where Truong Phu JSC's ROE % falls into.



Truong Phu JSC ROE % Calculation

Truong Phu JSC's annualized ROE % for the fiscal year that ended in . 20 is calculated as

ROE %=Net Income (A: . 20 )/( (Total Stockholders Equity (A: . 20 )+Total Stockholders Equity (A: . 20 ))/ count )
=/( (+)/ )
=/
= %

Truong Phu JSC's annualized ROE % for the quarter that ended in . 20 is calculated as

ROE %=Net Income (Q: . 20 )/( (Total Stockholders Equity (Q: . 20 )+Total Stockholders Equity (Q: . 20 ))/ count )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Truong Phu JSC  (HSTC:TGP) 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: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*( / )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

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: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= ( / ) * ( / ) * ( / ) * ( / ) * ( / )
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= * * % * *
= %

Note: The net income data used here is one times the annual (. 20) net income data. The Revenue data used here is one times the annual (. 20) 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.


Truong Phu JSC ROE % Related Terms

Thank you for viewing the detailed overview of Truong Phu JSC's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Truong Phu JSC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Lot A2 Phuc Dien Industrial Park, Cam Phuc Commune, Cam Giang District, Hai Duong Province, Hai Duong, VNM
Truong Phu JSC is engaged in producing and selling cables. The company products include Low Voltage Power Cable; Coaxial Cable; Lan Network Cable; Electrical Engineering Round Copper Wire and others.