GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Petroleum Equipment Assembly And Metal Structure JSC (HSTC:PXS) » Definitions » Return-on-Tangible-Asset

Petroleum Equipment Assembly And Metal Structure JSC (HSTC:PXS) Return-on-Tangible-Asset : 2.83% (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Petroleum Equipment Assembly And Metal Structure JSC 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. Petroleum Equipment Assembly And Metal Structure JSC's annualized Net Income for the quarter that ended in Dec. 2024 was ₫23,039 Mil. Petroleum Equipment Assembly And Metal Structure JSC's average total tangible assets for the quarter that ended in Dec. 2024 was ₫813,777 Mil. Therefore, Petroleum Equipment Assembly And Metal Structure JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 2.83%.

The historical rank and industry rank for Petroleum Equipment Assembly And Metal Structure JSC's Return-on-Tangible-Asset or its related term are showing as below:

HSTC:PXS' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -19.28   Med: 0.08   Max: 6.45
Current: 1.21

During the past 13 years, Petroleum Equipment Assembly And Metal Structure JSC's highest Return-on-Tangible-Asset was 6.45%. The lowest was -19.28%. And the median was 0.08%.

HSTC:PXS's Return-on-Tangible-Asset is ranked worse than
62.99% of 1743 companies
in the Construction industry
Industry Median: 2.71 vs HSTC:PXS: 1.21

Petroleum Equipment Assembly And Metal Structure JSC Return-on-Tangible-Asset Historical Data

The historical data trend for Petroleum Equipment Assembly And Metal Structure JSC'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.

Petroleum Equipment Assembly And Metal Structure JSC Return-on-Tangible-Asset Chart

Petroleum Equipment Assembly And Metal Structure JSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.10 -5.86 -17.04 1.21

Petroleum Equipment Assembly And Metal Structure JSC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -5.12 0.63 0.69 0.71 2.83

Competitive Comparison of Petroleum Equipment Assembly And Metal Structure JSC's Return-on-Tangible-Asset

For the Engineering & Construction subindustry, Petroleum Equipment Assembly And Metal Structure JSC'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.


Petroleum Equipment Assembly And Metal Structure JSC's Return-on-Tangible-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Petroleum Equipment Assembly And Metal Structure JSC's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Petroleum Equipment Assembly And Metal Structure JSC's Return-on-Tangible-Asset falls into.


;
;

Petroleum Equipment Assembly And Metal Structure JSC Return-on-Tangible-Asset Calculation

Petroleum Equipment Assembly And Metal Structure JSC's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=9952.888/( (810238.373+828313.596)/ 2 )
=9952.888/819275.9845
=1.21 %

Petroleum Equipment Assembly And Metal Structure JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=23039.056/( (799239.638+828313.596)/ 2 )
=23039.056/813776.617
=2.83 %

* 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.


Petroleum Equipment Assembly And Metal Structure JSC  (HSTC:PXS) 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.


Petroleum Equipment Assembly And Metal Structure JSC Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Petroleum Equipment Assembly And Metal Structure JSC's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Petroleum Equipment Assembly And Metal Structure JSC Business Description

Traded in Other Exchanges
N/A
Address
02, Nguyen Huu Canh Street, Ward Thang Nhat, Vung Tau City, VNM
Petroleum Equipment Assembly And Metal Structure JSC is a Vietnam based EPC contractor. It is specialized in providing EPC services for pipeline, piping, storage tank, thermal power plant, refinery and petrochemical plant, gas processing plant and for projects of oil and gas industry. The other activities of the organization cover providing EPC/EPCIC services for offshore projects in oil and gas industry; providing EPC services for process skids and equipment for oil and gas projects; and offering electrical and instrumentation services for oil and gas project.