What is MS Group Holdings 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. MS Group Holdings's annualized net income for the quarter that ended in Dec. 2023 was HK$14.4 Mil. MS Group Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2023 was HK$205.1 Mil. Therefore, MS Group Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 7.04%.
The historical rank and industry rank for MS Group Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:01451'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.45 Med: 8 Max: 66.7
Current: 7.9
During the past 9 years, MS Group Holdings's highest Return-on-Tangible-Equity was 66.70%. The lowest was -2.45%. And the median was 8.00%.
HKSE:01451's Return-on-Tangible-Equity is ranked better than 52.79% of 377
companies
in the Packaging & Containers industry
Industry Median: 7.28
vs HKSE:01451: 7.90
MS Group Holdings Return-on-Tangible-Equity Historical Data
The historical data trend for MS Group Holdings'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.
Competitive Comparison of MS Group Holdings's Return-on-Tangible-Equity
For the Packaging & Containers subindustry, MS Group Holdings'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.
MS Group Holdings's Return-on-Tangible-Equity Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, MS Group Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where MS Group Holdings's Return-on-Tangible-Equity falls into.
MS Group Holdings Return-on-Tangible-Equity Calculation
MS Group Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* 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 two times the semi-annual (Dec. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
MS Group Holdings (HKSE:01451) 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.
MS Group Holdings Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of MS Group Holdings's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
MS Group Holdings (HKSE:01451) Business Description
MS Group Holdings Ltd produces and sells plastic bottles and baby feeding accessories. Its operating segments are the OEM business which comprises the production and sales of plastic bottles and cups for infants and toddlers and plastic sports bottles on an OEM basis predominately for the overseas markets; and the Yo Yo Monkey Business, which comprises the production and sales of infant and toddler products, particularly plastic bottles and cups, under the brand developed by the Group and known as Yo Yo Monkey, principally for the PRC market, and the majority of the revenue comes from the OEM business. Its revenue is mainly derived from the United States of America; also has a presence in the Netherlands, Italy, the PRC, and other countries.
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