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NWGL (Nature Wood Group) Return-on-Tangible-Asset : -60.05% (As of Dec. 2024)


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What is Nature Wood Group 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. Nature Wood Group's annualized Net Income for the quarter that ended in Dec. 2024 was $-16.99 Mil. Nature Wood Group's average total tangible assets for the quarter that ended in Dec. 2024 was $28.29 Mil. Therefore, Nature Wood Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -60.05%.

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

NWGL' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -29.74   Med: -2.81   Max: 10.27
Current: -28.97

During the past 5 years, Nature Wood Group's highest Return-on-Tangible-Asset was 10.27%. The lowest was -29.74%. And the median was -2.81%.

NWGL's Return-on-Tangible-Asset is ranked worse than
98.63% of 291 companies
in the Forest Products industry
Industry Median: 1.13 vs NWGL: -28.97

Nature Wood Group Return-on-Tangible-Asset Historical Data

The historical data trend for Nature Wood Group'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.

Nature Wood Group Return-on-Tangible-Asset Chart

Nature Wood Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
-2.81 3.09 10.27 -28.91 -29.74

Nature Wood Group Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Return-on-Tangible-Asset Get a 7-Day Free Trial 4.14 -4.43 -58.06 -1.44 -60.05

Competitive Comparison of Nature Wood Group's Return-on-Tangible-Asset

For the Lumber & Wood Production subindustry, Nature Wood Group'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.


Nature Wood Group's Return-on-Tangible-Asset Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nature Wood Group's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Nature Wood Group's Return-on-Tangible-Asset falls into.


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Nature Wood Group Return-on-Tangible-Asset Calculation

Nature Wood Group'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 )
=-8.729/( (33.804+24.889)/ 2 )
=-8.729/29.3465
=-29.74 %

Nature Wood Group'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: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=-16.988/( (31.691+24.889)/ 2 )
=-16.988/28.29
=-60.05 %

* 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 two times the semi-annual (Dec. 2024) net income data.


Nature Wood Group  (NAS:NWGL) 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.


Nature Wood Group Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Nature Wood Group's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Nature Wood Group Business Description

Traded in Other Exchanges
N/A
Address
Avenida da Amizade No. 1287, Chong Fok Centro Comercial 13 E, Macau S.A.R., MAC
Nature Wood Group Ltd is a vertically-integrated forestry company that focuses on FSC business operations. It produces various products, including logs, decking, flooring, sawn timber, recycled charcoal, synthesized charcoal, machine-made charcoal, and essential oils. The Group owns natural forest concessions and cutting rights for exploiting timbers on parcels of land in Peru. The Group is organized into two operating divisions; Direct Purchase and Original Design Manufacturer (ODM) Services, and Manufacturing segments. The Direct Purchase and ODM Segment that derives the majority of revenue engages in the business of sourcing live wood and owning designed designs on wood products for sales to end customers. Geographically, the company generates a majority of its revenue from China.