Latest ROE for Tung Mung Development , Ltd.: -9.6% — see history and peer comparisons.
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Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Tung Mung Development , Ltd.'s return on equity stands at -9.6%. That is below the Materials sector average of 30.68%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Tung Mung Development , Ltd. sits lower the Materials benchmark (30.68%) with a ROE of -9.6%. That is roughly 131.3% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
A ROE of -9.6% for Tung Mung Development , Ltd. means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.
The history chart shows how Tung Mung Development , Ltd.'s ROE evolved across reporting periods, while the comparison chart places 1480.TWO next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.
Yes — within Materials, ROE is commonly used to spot outliers. Tung Mung Development , Ltd.'s reading of -9.6% (sector avg 30.68%) is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.