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PT Soechi Lines Tbk (ISX:SOCI) Return-on-Tangible-Asset : 1.94% (As of Mar. 2025)


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What is PT Soechi Lines Tbk 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. PT Soechi Lines Tbk's annualized Net Income for the quarter that ended in Mar. 2025 was Rp193,079 Mil. PT Soechi Lines Tbk's average total tangible assets for the quarter that ended in Mar. 2025 was Rp9,970,290 Mil. Therefore, PT Soechi Lines Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 1.94%.

The historical rank and industry rank for PT Soechi Lines Tbk's Return-on-Tangible-Asset or its related term are showing as below:

ISX:SOCI' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.85   Med: 2.55   Max: 9
Current: 2.75

During the past 12 years, PT Soechi Lines Tbk's highest Return-on-Tangible-Asset was 9.00%. The lowest was 0.85%. And the median was 2.55%.

ISX:SOCI's Return-on-Tangible-Asset is ranked worse than
60.46% of 1004 companies
in the Transportation industry
Industry Median: 3.975 vs ISX:SOCI: 2.75

PT Soechi Lines Tbk Return-on-Tangible-Asset Historical Data

The historical data trend for PT Soechi Lines Tbk'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.

PT Soechi Lines Tbk Return-on-Tangible-Asset Chart

PT Soechi Lines Tbk 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 4.07 0.85 1.07 1.44 2.89

PT Soechi Lines Tbk Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.38 3.98 1.80 3.35 1.94

Competitive Comparison of PT Soechi Lines Tbk's Return-on-Tangible-Asset

For the Marine Shipping subindustry, PT Soechi Lines Tbk'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.


PT Soechi Lines Tbk's Return-on-Tangible-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Soechi Lines Tbk's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where PT Soechi Lines Tbk's Return-on-Tangible-Asset falls into.


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PT Soechi Lines Tbk Return-on-Tangible-Asset Calculation

PT Soechi Lines Tbk'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 )
=274693.556/( (9375915.399+9664498.624)/ 2 )
=274693.556/9520207.0115
=2.89 %

PT Soechi Lines Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=193079.188/( (9664498.624+10276081.5)/ 2 )
=193079.188/9970290.062
=1.94 %

* 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 (Mar. 2025) net income data.


PT Soechi Lines Tbk  (ISX:SOCI) 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.


PT Soechi Lines Tbk Return-on-Tangible-Asset Related Terms

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PT Soechi Lines Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jend Sudirman Kav. 86, Sahid Sudirman Center 51st Floor, Jakarta Pusat, Jakarta, IDN, 10220
PT Soechi Lines Tbk is an Indonesian shipping services provider. The company, through its subsidiaries, provides marine transportation services to supply chain lines of oil and gas companies. It is also engaged in other management consulting services, business, and brokerage services. Its services flow through two segments, the Shipping business segment in which the Company charters out its various types of tanker vessels of various sizes to oil and gas companies and chemical companies operating in Indonesia, and the Shipyard business segment in which the Company provides shipbuilding services as well as ship dry docking and repair and maintenance services to various ship owners mainly in Indonesia.

PT Soechi Lines Tbk Headlines

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