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Eastern Water Resources Development and Management PCL (BKK:EASTW) Return-on-Tangible-Asset : 0.09% (As of Mar. 2025)


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What is Eastern Water Resources Development and Management PCL Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Eastern Water Resources Development and Management PCL's annualized Net Income for the quarter that ended in Mar. 2025 was ฿25 Mil. Eastern Water Resources Development and Management PCL's average total tangible assets for the quarter that ended in Mar. 2025 was ฿27,423 Mil. Therefore, Eastern Water Resources Development and Management PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 0.09%.

The historical rank and industry rank for Eastern Water Resources Development and Management PCL's Return-on-Tangible-Asset or its related term are showing as below:

BKK:EASTW' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.17   Med: 5.75   Max: 10.85
Current: 0.28

During the past 13 years, Eastern Water Resources Development and Management PCL's highest Return-on-Tangible-Asset was 10.85%. The lowest was 0.17%. And the median was 5.75%.

BKK:EASTW's Return-on-Tangible-Asset is ranked worse than
83.2% of 500 companies
in the Utilities - Regulated industry
Industry Median: 3.21 vs BKK:EASTW: 0.28

Eastern Water Resources Development and Management PCL Return-on-Tangible-Asset Historical Data

The historical data trend for Eastern Water Resources Development and Management PCL's Return-on-Tangible-Asset 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.

Eastern Water Resources Development and Management PCL Return-on-Tangible-Asset Chart

Eastern Water Resources Development and Management PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.14 5.33 3.32 1.29 0.17

Eastern Water Resources Development and Management PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset 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 -0.33 1.08 -0.34 0.30 0.09

Competitive Comparison of Eastern Water Resources Development and Management PCL's Return-on-Tangible-Asset

For the Utilities - Regulated Water subindustry, Eastern Water Resources Development and Management PCL'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.


Eastern Water Resources Development and Management PCL's Return-on-Tangible-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Eastern Water Resources Development and Management PCL's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Eastern Water Resources Development and Management PCL's Return-on-Tangible-Asset falls into.


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Eastern Water Resources Development and Management PCL Return-on-Tangible-Asset Calculation

Eastern Water Resources Development and Management PCL's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=46.605/( (26340.691+27168.486)/ 2 )
=46.605/26754.5885
=0.17 %

Eastern Water Resources Development and Management PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=24.588/( (27168.486+27676.653)/ 2 )
=24.588/27422.5695
=0.09 %

* 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 four times the quarterly (Mar. 2025) net income data.


Eastern Water Resources Development and Management PCL  (BKK:EASTW) 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 company’s 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 company’s 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.


Eastern Water Resources Development and Management PCL Return-on-Tangible-Asset Related Terms

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Eastern Water Resources Development and Management PCL Business Description

Traded in Other Exchanges
Address
No. 1 Soi Vipavadeerangsit 5, Vipavadeerangsit Road, 23rd - 26th Floors, East Water Building, Jomphol Sub-district, Chatujak District, Bangkok, THA, 10900
Eastern Water Resources Development and Management PCL is a Thailand-based water utilities company. The business operations of the Company are development and management of the water distribution pipeline systems in the Eastern Seaboard area of Thailand, supply of raw water, production and supply of tap water. The segment of the business comprises of supply of raw water, production and supply of tap water, supply of industrial water business, waterworks management, and engineering services.

Eastern Water Resources Development and Management PCL Headlines

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