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LDDD (Longduoduo Co) Return-on-Tangible-Asset : -20.64% (As of Mar. 2025)


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What is Longduoduo Co 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. Longduoduo Co's annualized Net Income for the quarter that ended in Mar. 2025 was $-0.44 Mil. Longduoduo Co's average total tangible assets for the quarter that ended in Mar. 2025 was $2.11 Mil. Therefore, Longduoduo Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was -20.64%.

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

LDDD' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1336.36   Med: -33.87   Max: 70.86
Current: 29.05

During the past 4 years, Longduoduo Co's highest Return-on-Tangible-Asset was 70.86%. The lowest was -1336.36%. And the median was -33.87%.

LDDD's Return-on-Tangible-Asset is ranked better than
95.93% of 221 companies
in the Medical Diagnostics & Research industry
Industry Median: -4.07 vs LDDD: 29.05

Longduoduo Co Return-on-Tangible-Asset Historical Data

The historical data trend for Longduoduo Co'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.

Longduoduo Co Return-on-Tangible-Asset Chart

Longduoduo Co Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Asset
-64.01 -1,336.36 -3.73 70.86

Longduoduo Co Quarterly Data
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 72.79 54.03 -12.27 96.37 -20.64

Competitive Comparison of Longduoduo Co's Return-on-Tangible-Asset

For the Diagnostics & Research subindustry, Longduoduo 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.


Longduoduo Co's Return-on-Tangible-Asset Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Longduoduo Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Longduoduo Co's Return-on-Tangible-Asset falls into.


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Longduoduo Co Return-on-Tangible-Asset Calculation

Longduoduo Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=1.255/( (1.479+2.063)/ 2 )
=1.255/1.771
=70.86 %

Longduoduo Co'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 )
=-0.436/( (2.199+2.025)/ 2 )
=-0.436/2.112
=-20.64 %

* 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.


Longduoduo Co  (OTCPK:LDDD) 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.


Longduoduo Co Return-on-Tangible-Asset Related Terms

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Longduoduo Co Business Description

Traded in Other Exchanges
N/A
Address
G3-5-8016, Ruyi Headquarters Base, Hohhot Economic Development Zone, Inner Mongolia, Shui’an, CHN, 010000
Longduoduo Co Ltd through its operating subsidiaries engaged in the business of providing preventive healthcare solutions. It provides a wide range of comprehensive preventive healthcare services including disease screening, healthcare treatments, healthcare products, and other services. The company mainly focuses on the prevention of myocardial infarction, cerebral infarction, hemiplegia, and cardiovascular and cerebrovascular diseases. The company's revenues are generated from its customers in the People's Republic of China.

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