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Vinacomin Quacontrol JSC (HSTC:VQC) Return-on-Tangible-Asset : 0.00% (As of . 20)


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What is Vinacomin Quacontrol 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. Vinacomin Quacontrol JSC's annualized Net Income for the quarter that ended in . 20 was ₫ Mil. Vinacomin Quacontrol JSC's average total tangible assets for the quarter that ended in . 20 was ₫ Mil. Therefore, Vinacomin Quacontrol JSC's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

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

HSTC:VQC's Return-on-Tangible-Asset is not ranked *
in the Business Services industry.
Industry Median: 3.725
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Vinacomin Quacontrol JSC Return-on-Tangible-Asset Historical Data

The historical data trend for Vinacomin Quacontrol 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.

Vinacomin Quacontrol JSC Return-on-Tangible-Asset Chart

Vinacomin Quacontrol JSC Annual Data
Trend
Return-on-Tangible-Asset

Vinacomin Quacontrol JSC Semi-Annual Data
Return-on-Tangible-Asset

Competitive Comparison of Vinacomin Quacontrol JSC's Return-on-Tangible-Asset

For the Specialty Business Services subindustry, Vinacomin Quacontrol 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.


Vinacomin Quacontrol JSC's Return-on-Tangible-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Vinacomin Quacontrol JSC's Return-on-Tangible-Asset distribution charts can be found below:

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


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Vinacomin Quacontrol JSC Return-on-Tangible-Asset Calculation

Vinacomin Quacontrol JSC's annualized Return-on-Tangible-Asset for the fiscal year that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+)/ )
=/
= %

Vinacomin Quacontrol JSC's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 (. 20) net income data.


Vinacomin Quacontrol JSC  (HSTC:VQC) 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.


Vinacomin Quacontrol JSC Return-on-Tangible-Asset Related Terms

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Vinacomin Quacontrol JSC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
55 Le Thanh Tong, Quang Ninh Province, Ha Long city, VNM
Vinacomin Quacontrol JSC is a coal product inspection organization in Vietnam. It provides the following services: coal quality assessment, quantity, and volume assessment; Inspection, analysis, and testing; Inspection and calibration of measuring equipment and instruments such as technical scales, commercial scales, thermometers, hydrometers, Consulting on investment in measuring equipment, checking the quality of coal products.

Vinacomin Quacontrol JSC Headlines

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