GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fenbo Holdings Ltd (NAS:FEBO) » Definitions » Return-on-Tangible-Asset

FEBO (Fenbo Holdings) Return-on-Tangible-Asset : 0.00% (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Fenbo Holdings 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. Fenbo Holdings's annualized Net Income for the quarter that ended in Dec. 2023 was $0.00 Mil. Fenbo Holdings's average total tangible assets for the quarter that ended in Dec. 2023 was $11.78 Mil. Therefore, Fenbo Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was 0.00%.

The historical rank and industry rank for Fenbo Holdings's Return-on-Tangible-Asset or its related term are showing as below:

FEBO' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.59   Med: 2.48   Max: 10.7
Current: 10.7

During the past 4 years, Fenbo Holdings's highest Return-on-Tangible-Asset was 10.70%. The lowest was -1.59%. And the median was 2.48%.

FEBO's Return-on-Tangible-Asset is ranked better than
89.79% of 2479 companies
in the Hardware industry
Industry Median: 2.56 vs FEBO: 10.70

Fenbo Holdings Return-on-Tangible-Asset Historical Data

The historical data trend for Fenbo Holdings'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.

Fenbo Holdings Return-on-Tangible-Asset Chart

Fenbo Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
4.12 0.83 9.95 -1.59

Fenbo Holdings Quarterly Data
Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
Return-on-Tangible-Asset Get a 7-Day Free Trial - -4.85 51.31 - -

Competitive Comparison of Fenbo Holdings's Return-on-Tangible-Asset

For the Consumer Electronics subindustry, Fenbo Holdings'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.


Fenbo Holdings's Return-on-Tangible-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fenbo Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Fenbo Holdings's Return-on-Tangible-Asset falls into.



Fenbo Holdings Return-on-Tangible-Asset Calculation

Fenbo Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-0.187/( (10.267+13.186)/ 2 )
=-0.187/11.7265
=-1.59 %

Fenbo Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=0/( (10.38+13.186)/ 2 )
=0/11.783
=0.00 %

* 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 (Dec. 2023) net income data.


Fenbo Holdings  (NAS:FEBO) 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.


Fenbo Holdings Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Fenbo Holdings's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Fenbo Holdings Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Unit J, 19/F, World Tech Centre, 95 How Ming Street, Kwun Tong, Kowloon, HKG
Fenbo Holdings Ltd is a company engaged in producing premium personal care electric appliances principally electrical hair styling products such as straighteners, curlers, trimmers, etc. and toys products to overseas markets. They manufacture and sell products such as Straightener, Mini Straightener and Curling Iron.