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Siam Steel International PCL (BKK:SIAM) Return-on-Tangible-Asset : -0.19% (As of Mar. 2025)


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What is Siam Steel International 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. Siam Steel International PCL's annualized Net Income for the quarter that ended in Mar. 2025 was ฿-7 Mil. Siam Steel International PCL's average total tangible assets for the quarter that ended in Mar. 2025 was ฿3,477 Mil. Therefore, Siam Steel International PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was -0.19%.

The historical rank and industry rank for Siam Steel International PCL's Return-on-Tangible-Asset or its related term are showing as below:

BKK:SIAM' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.77   Med: -0.56   Max: 5.57
Current: -1.98

During the past 13 years, Siam Steel International PCL's highest Return-on-Tangible-Asset was 5.57%. The lowest was -2.77%. And the median was -0.56%.

BKK:SIAM's Return-on-Tangible-Asset is ranked worse than
75.51% of 437 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.95 vs BKK:SIAM: -1.98

Siam Steel International PCL Return-on-Tangible-Asset Historical Data

The historical data trend for Siam Steel International 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.

Siam Steel International PCL Return-on-Tangible-Asset Chart

Siam Steel International PCL Annual Data
Trend Jun15 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 3.46 -0.14 -1.54 0.99 -2.77

Siam Steel International 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 -3.57 -6.93 1.05 -1.78 -0.19

Competitive Comparison of Siam Steel International PCL's Return-on-Tangible-Asset

For the Furnishings, Fixtures & Appliances subindustry, Siam Steel International 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.


Siam Steel International PCL's Return-on-Tangible-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Siam Steel International PCL's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Siam Steel International PCL's Return-on-Tangible-Asset falls into.


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Siam Steel International PCL Return-on-Tangible-Asset Calculation

Siam Steel International 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 )
=-98.79/( (3626.317+3497.757)/ 2 )
=-98.79/3562.037
=-2.77 %

Siam Steel International 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 )
=-6.772/( (3497.757+3456.29)/ 2 )
=-6.772/3477.0235
=-0.19 %

* 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.


Siam Steel International PCL  (BKK:SIAM) 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.


Siam Steel International PCL Return-on-Tangible-Asset Related Terms

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Siam Steel International PCL Business Description

Traded in Other Exchanges
N/A
Address
51 Moo 2, Poochao Road, Bangyaprak, Phrapradaeng, Samuthprakarn, THA, 10130
Siam Steel International PCL is engaged in the manufacture and sales of steel office equipment and furniture and furniture parts, construction services, and alternative energy sector. The furniture includes movable and built-in wooden furniture distributed under the brand names Lucky, Kingdom, Okamura, Chitose, Siam Steel, and Pilot. The firm's products comprise Desks and tables, Cabinets, Lockers and combine furniture systems, Chairs, Safes, Partitions, Shelving systems, and others, such as Bleachers and Folding states. Its operating segments are furniture, revenue from construction work, and energy, of which key revenue is derived from the furniture segment.

Siam Steel International PCL Headlines

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