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Wireless Power Amplifier Module (XKRX:332570) Return-on-Tangible-Equity : 6.20% (As of Mar. 2024)


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What is Wireless Power Amplifier Module 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. Wireless Power Amplifier Module's annualized net income for the quarter that ended in Mar. 2024 was ₩5,149 Mil. Wireless Power Amplifier Module's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₩83,019 Mil. Therefore, Wireless Power Amplifier Module's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 6.20%.

The historical rank and industry rank for Wireless Power Amplifier Module's Return-on-Tangible-Equity or its related term are showing as below:

XKRX:332570' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.81   Med: 17.78   Max: 28.67
Current: 18.5

During the past 7 years, Wireless Power Amplifier Module's highest Return-on-Tangible-Equity was 28.67%. The lowest was -13.81%. And the median was 17.78%.

XKRX:332570's Return-on-Tangible-Equity is ranked better than
85.12% of 2359 companies
in the Hardware industry
Industry Median: 5.36 vs XKRX:332570: 18.50

Wireless Power Amplifier Module Return-on-Tangible-Equity Historical Data

The historical data trend for Wireless Power Amplifier Module'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.

Wireless Power Amplifier Module Return-on-Tangible-Equity Chart

Wireless Power Amplifier Module Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 28.67 13.09 -8.14 -13.81 27.33

Wireless Power Amplifier Module Quarterly Data
Mar19 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 44.70 -17.79 8.42 74.71 6.20

Competitive Comparison of Wireless Power Amplifier Module's Return-on-Tangible-Equity

For the Communication Equipment subindustry, Wireless Power Amplifier Module'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.


Wireless Power Amplifier Module's Return-on-Tangible-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wireless Power Amplifier Module's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Wireless Power Amplifier Module's Return-on-Tangible-Equity falls into.



Wireless Power Amplifier Module Return-on-Tangible-Equity Calculation

Wireless Power Amplifier Module'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 )
=19292.838/( (61132.234+80043.392 )/ 2 )
=19292.838/70587.813
=27.33 %

Wireless Power Amplifier Module'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 )
=5149.336/( (80043.392+85994.431)/ 2 )
=5149.336/83018.9115
=6.20 %

* 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.


Wireless Power Amplifier Module  (XKRX:332570) 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.


Wireless Power Amplifier Module Return-on-Tangible-Equity Related Terms

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Wireless Power Amplifier Module (XKRX:332570) Business Description

Traded in Other Exchanges
N/A
Address
705, Sampyeong-dong 618, Bundang, Gyeonggi, Woolim W-City, Seongnam, KOR, 13486
Wireless Power Amplifier Module Inc is engaged in the business of providing a variety of power amplifier modules for low power consumption mobile system.The product portfolio includes WiMax application, LTE application, and WCDMA application.

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