What is Universe Printshop 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. Universe Printshop Holdings's annualizedNet Income for the quarter that ended in Sep. 2024 was HK$0.00 Mil. Universe Printshop Holdings's average total tangible assets for the quarter that ended in Sep. 2024 was HK$91.96 Mil. Therefore, Universe Printshop Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 was 0.00%.
The historical rank and industry rank for Universe Printshop Holdings's Return-on-Tangible-Asset or its related term are showing as below:
HKSE:08448'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -67.31 Med: -11.48 Max: 11.82
Current: -11.9
During the past 9 years, Universe Printshop Holdings's highest Return-on-Tangible-Asset was 11.82%. The lowest was -67.31%. And the median was -11.48%.
HKSE:08448's Return-on-Tangible-Asset is ranked worse than 88.56% of 1066
companies
in the Business Services industry
Industry Median: 3.93
vs HKSE:08448: -11.90
Universe Printshop Holdings 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.
Competitive Comparison of Universe Printshop Holdings's Return-on-Tangible-Asset
For the Specialty Business Services subindustry, Universe Printshop 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.
Universe Printshop Holdings's Return-on-Tangible-Asset Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Universe Printshop Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Universe Printshop Holdings'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 four times the quarterly (Sep. 2024) net income data.
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.
Universe Printshop Holdings Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Universe Printshop Holdings's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Universe Printshop Holdings Ltd is engaged in provision of general printing services and trading of printing products. Its services include offset printing, ink-jet printing, toner-based digital printing and Other printing related products It also provides services to the customers, which include the production of other printing-related products such as pre-ink stamps, plastic name cards, printed eco-bags, and printed plastic folders. It operates through four segments: Offset printing, Toner-based digital printing, Ink-jet printing, and Other printing-related products. The majority of its revenue comes from Offset printing. All of its revenue come from Hong Kong.
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