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The historical rank and industry rank for Voyah Automobile Technology Co's Return-on-Tangible-Asset or its related term are showing as below:
HKSE:07489'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.69 Med: -0.54 Max: 4.08
Current: 4.08
During the past 3 years, Voyah Automobile Technology Co's highest Return-on-Tangible-Asset was 4.08%. The lowest was -9.69%. And the median was -0.54%.
HKSE:07489's Return-on-Tangible-Asset is ranked better than 56.25% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 3.35
vs HKSE:07489: 4.08
Voyah Automobile Technology Co (HKSE:07489) 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.
Voyah Automobile Technology Co Return-on-Tangible-Asset Related Terms
Voyah Automobile Technology Co 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.
Voyah Automobile Technology Co Return-on-Tangible-Asset Chart
Voyah Automobile Technology Co Annual Data
Trend
Dec22
Dec23
Dec24
Return-on-Tangible-Asset
-15.70
-11.65
-0.55
Voyah Automobile Technology Co Semi-Annual Data
Dec22
Dec23
Dec24
Return-on-Tangible-Asset
-15.70
-11.65
-0.55
HKSE:07489 vs TSLA, GM, F: Return-on-Tangible-Asset Comparison
For the Auto Manufacturers subindustry, Voyah Automobile Technology Co'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.
Voyah Automobile Technology Co Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Voyah Automobile Technology Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Voyah Automobile Technology Co'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 one times the annual (Dec. 2024) net income data.
What does a Return-on-Tangible-Asset of -0.55% mean?
Voyah Automobile Technology Co (HKSE:07489) has a Return-on-Tangible-Asset of -0.55% as of Dec. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Voyah Automobile Technology Co and its competitors. According to the industry distribution chart, Voyah Automobile Technology Co ranks #585 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 43.8%.
Is Voyah Automobile Technology Co's Return-on-Tangible-Asset too high?
Voyah Automobile Technology Co's current Return-on-Tangible-Asset is -0.55%. Based on the distribution chart, Voyah Automobile Technology Co ranks #585 out of 1337 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Voyah Automobile Technology Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Voyah Automobile Technology Co's Return-on-Tangible-Asset compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Voyah Automobile Technology Co ranks #585 out of 1337 companies for Return-on-Tangible-Asset. This puts Voyah Automobile Technology Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.35. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.35, based on 1,337 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Voyah Automobile Technology Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voyah Automobile Technology Co's current Return-on-Tangible-Asset is -0.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voyah Automobile Technology Co stock overvalued right now?
Voyah Automobile Technology Co (HKSE:07489) has a current Return-on-Tangible-Asset of -0.55%. The current Return-on-Tangible-Asset is -0.55%. Voyah Automobile Technology Co's overall GF Score™ is 12/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Voyah Automobile Technology Co (HKSE:07489), the current Return-on-Tangible-Asset is -0.55% as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Voyah Automobile Technology Co Ltd is an intelligent NEV brand under DFM, one of the Chinese vast central state-owned automobile groups. The group designs, develops, and sells premium NEVs, epitomizing the leap from manufacturing to smart manufacturing among Chinese brands. Drawing on the DFG's automotive manufacturing heritage, it achieves breakthroughs in safety, battery-motor-control systems, and smart technologies. The group focused on the premium segment in China's NEV market. It has launched five NEV series, such as the VOYAH FREE series, a mid-to large-sized SUV; the VOYAH DREAM series, which is a flagship luxury MPV; the VOYAH PASSION series, a flagship sedan; the VOYAH COURAGE series, a mid-sized SUV; and the VOYAH TAISHAN series, a flagship six-seat full-size SUV.
12GF Score
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