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Khon Kaen Sugar Industry PCL (BKK:KSL-F) Return-on-Tangible-Equity : 9.62% (As of Jan. 2024)


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What is Khon Kaen Sugar Industry PCL 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. Khon Kaen Sugar Industry PCL's annualized net income for the quarter that ended in Jan. 2024 was ฿2,051 Mil. Khon Kaen Sugar Industry PCL's average shareholder tangible equity for the quarter that ended in Jan. 2024 was ฿21,332 Mil. Therefore, Khon Kaen Sugar Industry PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was 9.62%.

The historical rank and industry rank for Khon Kaen Sugar Industry PCL's Return-on-Tangible-Equity or its related term are showing as below:

BKK:KSL-F' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.44   Med: 5.54   Max: 13
Current: 4.17

During the past 13 years, Khon Kaen Sugar Industry PCL's highest Return-on-Tangible-Equity was 13.00%. The lowest was -0.44%. And the median was 5.54%.

BKK:KSL-F's Return-on-Tangible-Equity is ranked worse than
61.1% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 7.72 vs BKK:KSL-F: 4.17

Khon Kaen Sugar Industry PCL Return-on-Tangible-Equity Historical Data

The historical data trend for Khon Kaen Sugar Industry PCL'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.

Khon Kaen Sugar Industry PCL Return-on-Tangible-Equity Chart

Khon Kaen Sugar Industry PCL Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.47 -0.44 3.20 6.54 4.31

Khon Kaen Sugar Industry PCL Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 10.22 8.03 -3.19 2.14 9.62

Competitive Comparison of Khon Kaen Sugar Industry PCL's Return-on-Tangible-Equity

For the Confectioners subindustry, Khon Kaen Sugar Industry PCL'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.


Khon Kaen Sugar Industry PCL's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Khon Kaen Sugar Industry PCL's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Khon Kaen Sugar Industry PCL's Return-on-Tangible-Equity falls into.



Khon Kaen Sugar Industry PCL Return-on-Tangible-Equity Calculation

Khon Kaen Sugar Industry PCL's annualized Return-on-Tangible-Equity for the fiscal year that ended in Oct. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Oct. 2023 )  (A: Oct. 2022 )(A: Oct. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Oct. 2023 )  (A: Oct. 2022 )(A: Oct. 2023 )
=903.587/( (20868.397+21077.041 )/ 2 )
=903.587/20972.719
=4.31 %

Khon Kaen Sugar Industry PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=2051.436/( (21077.041+21587.784)/ 2 )
=2051.436/21332.4125
=9.62 %

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


Khon Kaen Sugar Industry PCL  (BKK:KSL-F) 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.


Khon Kaen Sugar Industry PCL Return-on-Tangible-Equity Related Terms

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Khon Kaen Sugar Industry PCL (BKK:KSL-F) Business Description

Traded in Other Exchanges
Address
Sriayudahya Road, No. 503 K.S.L. Tower, 9th Floor, Thanon Phaya Thai Sub-District, Ratchathewi District, Bangkok, THA, 10400
Khon Kaen Sugar Industry PCL manufactures and distributes sugar and molasses in Thailand. It also sells the byproducts of its sugar production, including ethanol that it sells to oil companies and electricity that it sells to the Electricity Generating Authority of Thailand, which has a monopoly in Thailand's electrical energy market and is the country's power producer. The company has three operating segments - Manufacture and Distribution of Sugar and Molasses, Manufacture and Sale of Electricity, and Real Estate Rental. The company generates the majority of its revenue from the Manufacture and Distribution of Sugar and Molasses. In addition to Thailand, the company sells its products in Laos and Cambodia.

Khon Kaen Sugar Industry PCL (BKK:KSL-F) Headlines

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