The historical rank and industry rank for Apollo Future Mobility Group's Return-on-Tangible-Asset or its related term are showing as below:
ALFMF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -67.84 Med: -17.42 Max: -2.18
Current: -67.03
During the past 13 years, Apollo Future Mobility Group's highest Return-on-Tangible-Asset was -2.18%. The lowest was -67.84%. And the median was -17.42%.
ALFMF's Return-on-Tangible-Asset is ranked worse than 97.69% of 1126
companies
in the Retail - Cyclical industry
Industry Median: 2.355
vs ALFMF: -67.03
Apollo Future Mobility Group Return-on-Tangible-Asset Historical Data
* 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.
Apollo Future Mobility Group Return-on-Tangible-Asset Chart
Competitive Comparison of Apollo Future Mobility Group's Return-on-Tangible-Asset
For the Luxury Goods subindustry, Apollo Future Mobility Group's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Apollo Future Mobility Group's Return-on-Tangible-Asset Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Apollo Future Mobility Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Apollo Future Mobility Group's Return-on-Tangible-Asset falls into.
* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2024) net income data.
Apollo Future Mobility Group (OTCPK:ALFMF) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Apollo Future Mobility Group Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Apollo Future Mobility Group's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Apollo Future Mobility Group Ltd is an investment holding company. It operates in three segments. The Mobility technology solutions segment engages in designing, developing, manufacturing, and selling high-performance hypercars and provision of mobility technology solutions. The Jewellery products, watches and other commodities segment focuses on the retailing and wholesale of jewellery products and watches. The Money Lending segment provides loan finance. The Majority of revenue is derived from Jewellery products, watches, and other commodities segments. Geographically Mainland China accounts for the majority of revenue. Company operates in Mainland China, Japan, PRC, and Germany.
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