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PT Jaya Konstruksi Manggala Pratama Tbk (ISX:JKON) Return-on-Tangible-Equity : 0.13% (As of Mar. 2024)


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What is PT Jaya Konstruksi Manggala Pratama Tbk 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. PT Jaya Konstruksi Manggala Pratama Tbk's annualized net income for the quarter that ended in Mar. 2024 was Rp4,025 Mil. PT Jaya Konstruksi Manggala Pratama Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2024 was Rp2,988,122 Mil. Therefore, PT Jaya Konstruksi Manggala Pratama Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 0.13%.

The historical rank and industry rank for PT Jaya Konstruksi Manggala Pratama Tbk's Return-on-Tangible-Equity or its related term are showing as below:

ISX:JKON' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.46   Med: 9.64   Max: 16.29
Current: 7.95

During the past 13 years, PT Jaya Konstruksi Manggala Pratama Tbk's highest Return-on-Tangible-Equity was 16.29%. The lowest was -1.46%. And the median was 9.64%.

ISX:JKON's Return-on-Tangible-Equity is ranked better than
52.55% of 510 companies
in the Conglomerates industry
Industry Median: 7.26 vs ISX:JKON: 7.95

PT Jaya Konstruksi Manggala Pratama Tbk Return-on-Tangible-Equity Historical Data

The historical data trend for PT Jaya Konstruksi Manggala Pratama Tbk'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.

PT Jaya Konstruksi Manggala Pratama Tbk Return-on-Tangible-Equity Chart

PT Jaya Konstruksi Manggala Pratama Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.77 2.02 -1.46 7.46 8.21

PT Jaya Konstruksi Manggala Pratama Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.30 2.48 8.80 20.46 0.13

Competitive Comparison of PT Jaya Konstruksi Manggala Pratama Tbk's Return-on-Tangible-Equity

For the Conglomerates subindustry, PT Jaya Konstruksi Manggala Pratama Tbk'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.


PT Jaya Konstruksi Manggala Pratama Tbk's Return-on-Tangible-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, PT Jaya Konstruksi Manggala Pratama Tbk's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PT Jaya Konstruksi Manggala Pratama Tbk's Return-on-Tangible-Equity falls into.



PT Jaya Konstruksi Manggala Pratama Tbk Return-on-Tangible-Equity Calculation

PT Jaya Konstruksi Manggala Pratama Tbk'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 )
=237474.807/( (2797581.362+2985869.777 )/ 2 )
=237474.807/2891725.5695
=8.21 %

PT Jaya Konstruksi Manggala Pratama Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=4025.068/( (2985869.777+2990374.071)/ 2 )
=4025.068/2988121.924
=0.13 %

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


PT Jaya Konstruksi Manggala Pratama Tbk  (ISX:JKON) 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.


PT Jaya Konstruksi Manggala Pratama Tbk Return-on-Tangible-Equity Related Terms

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PT Jaya Konstruksi Manggala Pratama Tbk (ISX:JKON) Business Description

Traded in Other Exchanges
N/A
Address
Kantor Taman Bintaro Jaya Gedung B, Jalan Bintaro Raya, Jakarta, IDN, 12330
PT Jaya Konstruksi Manggala Pratama Tbk is an Indonesian infrastructure development company that is engaged in the infrastructure and building construction sector, asphalt, and liquefied petroleum gas trading, precast concrete manufacturing, and specialized mechanical and electrical engineering and maintenance services. The company delivers construction, engineering, and maintenance services for hotels, malls, apartments, and office buildings in Indonesia and overseas. It manages its business in segments namely construction, Gas trading, asphalt trading, manufacturing concrete, handling equipment, the charter of vessels, and Others. The company earns most of its revenue from its construction business in Indonesia.

PT Jaya Konstruksi Manggala Pratama Tbk (ISX:JKON) Headlines

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