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QTCG PCL (BKK:QTCG) Return-on-Tangible-Equity : 0.00% (As of Dec. 2022)


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What is QTCG 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. QTCG PCL's annualized net income for the quarter that ended in Dec. 2022 was ฿ Mil. QTCG PCL's average shareholder tangible equity for the quarter that ended in Dec. 2022 was ฿ Mil. Therefore, QTCG PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 was %.

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

During the past 2 years, QTCG PCL's highest Return-on-Tangible-Equity was 70.59%. The lowest was 0.00%. And the median was 40.38%.

BKK:QTCG's Return-on-Tangible-Equity is not ranked *
in the Construction industry.
Industry Median: 7.855
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

QTCG PCL Return-on-Tangible-Equity Historical Data

The historical data trend for QTCG 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.

QTCG PCL Return-on-Tangible-Equity Chart

QTCG PCL Annual Data
Trend Dec22 Dec23
Return-on-Tangible-Equity
70.59 10.17

QTCG PCL Quarterly Data
Dec22 Dec23
Return-on-Tangible-Equity - -

Competitive Comparison of QTCG PCL's Return-on-Tangible-Equity

For the Engineering & Construction subindustry, QTCG 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.


QTCG PCL's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, QTCG PCL's Return-on-Tangible-Equity distribution charts can be found below:

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



QTCG PCL Return-on-Tangible-Equity Calculation

QTCG PCL'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 )
=22.022/( (143.568+289.528 )/ 2 )
=22.022/216.548
=10.17 %

QTCG PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2022 )  (Q: . 20 )(Q: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2022 )  (Q: . 20 )(Q: Dec. 2022 )
=/( (+)/ )
=/
= %

* 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. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


QTCG PCL  (BKK:QTCG) 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.


QTCG PCL Return-on-Tangible-Equity Related Terms

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


QTCG PCL (BKK:QTCG) Business Description

Industry
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 42 Soi Ramkhamhaeng 187, Intersection 2, Minburi Subdistrict, Minburi District, Bangkok, THA, 10510
QTCG PCL is engaged in contracting and installation services for systems engineering. Its services consists of electrical communication systems, air conditioning and ventilation systems. Sanitary system and conducts business related to asset management from purchasing or receiving transfer of debtors from financial institutions, including primary insurance of debtors. The company as two segments Construction segment and asset management segment. Key revenue is generated from Construction segment.

QTCG PCL (BKK:QTCG) Headlines

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