The historical rank and industry rank for WebX International Holdings Co's Return-on-Tangible-Asset or its related term are showing as below:
HKSE:08521'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -15.15 Med: 10.54 Max: 36.42
Current: 2.3
During the past 10 years, WebX International Holdings Co's highest Return-on-Tangible-Asset was 36.42%. The lowest was -15.15%. And the median was 10.54%.
HKSE:08521's Return-on-Tangible-Asset is ranked better than 51.04% of 1062
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.21
vs HKSE:08521: 2.30
WebX International Holdings 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.
* Premium members only.
WebX International Holdings Co Return-on-Tangible-Asset Chart
Competitive Comparison of WebX International Holdings Co's Return-on-Tangible-Asset
For the Textile Manufacturing subindustry, WebX International Holdings 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.
WebX International Holdings Co's Return-on-Tangible-Asset Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, WebX International Holdings Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where WebX International Holdings 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 four times the quarterly (Dec. 2024) net income data.
WebX International Holdings Co (HKSE:08521) 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.
WebX International Holdings Co Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of WebX International Holdings Co's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
WebX International Holdings Co Business Description
WebX International Holdings Co Ltd formerly ST International Holdings Co Ltd is a company that operates in the functional knitted fabrics industry in China. Their main focus is designing functional knitted fabrics and sourcing synthetic fibers and yarns as raw materials. The company is engaged third-party factories for the production process which includes yarn spinning, knitting, and dyeing. The products are sold directly to lingerie and apparel brand owners, sourcing agents, and garment manufacturers. The company has two reportable segments which include Sales of functional knitted fabrics, apparel, and yarns; and Cloud-based computing and internet traffic services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:08521 has been successfully added to your 