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FNGR (FingerMotion) Return-on-Tangible-Asset : -1.07% (As of Feb. 2025)


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What is FingerMotion 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. FingerMotion's annualized Net Income for the quarter that ended in Feb. 2025 was $-0.43 Mil. FingerMotion's average total tangible assets for the quarter that ended in Feb. 2025 was $40.37 Mil. Therefore, FingerMotion's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2025 was -1.07%.

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

FNGR' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -866.67   Med: -57.5   Max: -15.21
Current: -16.43

During the past 12 years, FingerMotion's highest Return-on-Tangible-Asset was -15.21%. The lowest was -866.67%. And the median was -57.50%.

FNGR's Return-on-Tangible-Asset is ranked worse than
88.89% of 378 companies
in the Telecommunication Services industry
Industry Median: 3.15 vs FNGR: -16.43

FingerMotion Return-on-Tangible-Asset Historical Data

The historical data trend for FingerMotion'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.

FingerMotion Return-on-Tangible-Asset Chart

FingerMotion Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -67.12 -56.74 -54.40 -21.24 -15.21

FingerMotion Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 -10.42 -29.64 -23.92 -21.40 -1.07

Competitive Comparison of FingerMotion's Return-on-Tangible-Asset

For the Telecom Services subindustry, FingerMotion'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.


FingerMotion's Return-on-Tangible-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, FingerMotion's Return-on-Tangible-Asset distribution charts can be found below:

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


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FingerMotion Return-on-Tangible-Asset Calculation

FingerMotion's annualized Return-on-Tangible-Asset for the fiscal year that ended in Feb. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Feb. 2025 )  (A: Feb. 2024 )(A: Feb. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Feb. 2025 )  (A: Feb. 2024 )(A: Feb. 2025 )
=-5.113/( (18.416+48.81)/ 2 )
=-5.113/33.613
=-15.21 %

FingerMotion's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2025 )  (Q: Nov. 2024 )(Q: Feb. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2025 )  (Q: Nov. 2024 )(Q: Feb. 2025 )
=-0.432/( (31.927+48.81)/ 2 )
=-0.432/40.3685
=-1.07 %

* 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 (Feb. 2025) net income data.


FingerMotion  (NAS:FNGR) 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.


FingerMotion Return-on-Tangible-Asset Related Terms

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


FingerMotion Business Description

Traded in Other Exchanges
N/A
Address
111 Somerset Road, Level 3, Singapore, SGP, 238164
FingerMotion Inc is engaged in the provision of mobile payment and recharge services in the Chinese market. The company business line includes Telecommunications Products and Services; Value Added Products and Services; Short Message Services (SMS) and Multimedia Messaging Services (MMS); a Rich Communication Services (RCS) platform; Big Data Insights; and a Video Games Division (inactive). It principally earns revenue by providing mobile payment and recharge services to customers of telecommunications companies in China.
Executives
Yew Poh Leong director 61 SPRINGSIDE VIEW, SINGAPORE U0 786060
Martin Chung-wen Shen officer: CEO and CFO 1322 W. KING EDWARD AVE., VANCOUVER A1 V6H 1Z9
Chee Ming Cheong 10 percent owner UNIT A 19/F TIMES MEDIA CENTRE, 133 WAN CHAI ROAD, WAN CHAI K3 --
Eng Ho Ng director 159 JALAN KAMPONG CHANTEK, SINGAPORE U0 587887
Yew Hon Lee officer: Chief Financial Officer NO 5, JALAN BRP 3/3C, SUNWAY RAHMAN PUTR, SEKSYEN U20, SHAH ALAM., SELANGOR N8 40160
Yang Yeat Choe 10 percent owner 6-9-1 V SQUARE PJ CITY CENTRE, JALAN UTARA, PETALING JAYA, SELANGOR N8 46200
Chan Michael K H director 15-07, 70 BAYSHORE ROAD, COSTA DEL SOL U0 469987
Charles Thomas Mcmillen director 1103 SOUTH CAROLINA AVENUE, WASHINGTON DC 20003
Hsien Loong Wong director, 10 percent owner, officer: CEO, CFO, and Director 6 WINDSOR PARK HILL, SINGAPORE U0 574198
Michael Thomas Brigante director, 10 percent owner, officer: CEO, President, CFO 17 DANIEL DRIVE, HILLSBOROUGH NJ 08844