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Deo Ca Traffic Infrastructure Investment JSC (STC:HHV) Return-on-Tangible-Equity : 4.84% (As of Mar. 2024)


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What is Deo Ca Traffic Infrastructure Investment 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. Deo Ca Traffic Infrastructure Investment JSC's annualized net income for the quarter that ended in Mar. 2024 was ₫384,037 Mil. Deo Ca Traffic Infrastructure Investment JSC's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₫7,936,098 Mil. Therefore, Deo Ca Traffic Infrastructure Investment JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 4.84%.

The historical rank and industry rank for Deo Ca Traffic Infrastructure Investment JSC's Return-on-Tangible-Equity or its related term are showing as below:

STC:HHV' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.26   Med: 4.32   Max: 13.05
Current: 4.56

During the past 6 years, Deo Ca Traffic Infrastructure Investment JSC's highest Return-on-Tangible-Equity was 13.05%. The lowest was 2.26%. And the median was 4.32%.

STC:HHV's Return-on-Tangible-Equity is ranked worse than
61.48% of 1599 companies
in the Construction industry
Industry Median: 7.85 vs STC:HHV: 4.56

Deo Ca Traffic Infrastructure Investment JSC Return-on-Tangible-Equity Historical Data

The historical data trend for Deo Ca Traffic Infrastructure Investment 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.

Deo Ca Traffic Infrastructure Investment JSC Return-on-Tangible-Equity Chart

Deo Ca Traffic Infrastructure Investment JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 6.69 2.26 4.23 3.87 4.40

Deo Ca Traffic Infrastructure Investment JSC Quarterly Data
Dec18 Dec19 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 4.05 5.20 5.47 2.88 4.84

Competitive Comparison of Deo Ca Traffic Infrastructure Investment JSC's Return-on-Tangible-Equity

For the Infrastructure Operations subindustry, Deo Ca Traffic Infrastructure Investment 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.


Deo Ca Traffic Infrastructure Investment JSC's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Deo Ca Traffic Infrastructure Investment JSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Deo Ca Traffic Infrastructure Investment JSC's Return-on-Tangible-Equity falls into.



Deo Ca Traffic Infrastructure Investment JSC Return-on-Tangible-Equity Calculation

Deo Ca Traffic Infrastructure Investment JSC'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 )
=322122.857/( (7156841.669+7478140.619 )/ 2 )
=322122.857/7317491.144
=4.40 %

Deo Ca Traffic Infrastructure Investment JSC'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 )
=384037.228/( (7478140.619+8394056.019)/ 2 )
=384037.228/7936098.319
=4.84 %

* 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.


Deo Ca Traffic Infrastructure Investment JSC  (STC:HHV) 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.


Deo Ca Traffic Infrastructure Investment JSC Return-on-Tangible-Equity Related Terms

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Deo Ca Traffic Infrastructure Investment JSC (STC:HHV) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Km11+500 road leading south of Hai Van tunnel, Hoa Hiep Bac ward, Lien Chieu district, Da Nang City, VNM
Deo Ca Traffic Infrastructure Investment JSC is engaged in the management, exploitation, and maintenance of road tunnels; the management, operation, maintenance, and maintenance of assigned national highways.

Deo Ca Traffic Infrastructure Investment JSC (STC:HHV) Headlines

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