A Cuong Mineral Group JSC (HSTC:ACM) Return-on-Tangible-Equity : 0.00% (As of . 20)

View and export this data going back to 2015. Start your Free Trial

What is A Cuong Mineral Group JSC 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. A Cuong Mineral Group JSC's annualized net income for the quarter that ended in . 20 was ₫ Mil. A Cuong Mineral Group JSC's average shareholder tangible equity for the quarter that ended in . 20 was ₫ Mil. Therefore, A Cuong Mineral Group JSC's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for A Cuong Mineral Group JSC's Return-on-Tangible-Equity or its related term are showing as below:

HSTC:ACM's Return-on-Tangible-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: -16.39
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

A Cuong Mineral Group JSC Return-on-Tangible-Equity Historical Data

The historical data trend for A Cuong Mineral Group JSC'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.

A Cuong Mineral Group JSC Return-on-Tangible-Equity Chart

A Cuong Mineral Group JSC Annual Data

Trend

Return-on-Tangible-Equity

A Cuong Mineral Group JSC Quarterly Data

Return-on-Tangible-Equity

Competitive Comparison of A Cuong Mineral Group JSC's Return-on-Tangible-Equity

For the Other Industrial Metals & Mining subindustry, A Cuong Mineral Group JSC'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.

A Cuong Mineral Group JSC's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, A Cuong Mineral Group JSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where A Cuong Mineral Group JSC's Return-on-Tangible-Equity falls into.

A Cuong Mineral Group JSC Return-on-Tangible-Equity Calculation

A Cuong Mineral Group JSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

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

A Cuong Mineral Group JSC's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

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

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

A Cuong Mineral Group JSC (HSTC:ACM) 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.

A Cuong Mineral Group JSC Return-on-Tangible-Equity Related Terms

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

A Cuong Mineral Group JSC (HSTC:ACM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » A Cuong Mineral Group JSC (HSTC:ACM) » Definitions » Return-on-Tangible-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Goc Gao Village, Cam Dan Ward, Son Dong District, Bac Giang, VNM

Website

http://www.acuonggroup.vn

A Cuong Mineral Group JSC is a Vietnam based company. It is engaged in mining and wholesaling of minerals and coal. The company's projects portfolio includes copper mining project, coal mining project, and silver mining project. Its business activities include copper ore extracting, smelting and refining; copper sheet manufacturing, and coal mining and processing.