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JMicron Technology (ROCO:4925) Return-on-Tangible-Asset : 6.90% (As of Dec. 2024)


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What is JMicron Technology 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. JMicron Technology's annualized Net Income for the quarter that ended in Dec. 2024 was NT$110.5 Mil. JMicron Technology's average total tangible assets for the quarter that ended in Dec. 2024 was NT$1,601.0 Mil. Therefore, JMicron Technology's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 6.90%.

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

ROCO:4925' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.94   Med: 1.44   Max: 12.43
Current: 1.12

During the past 13 years, JMicron Technology's highest Return-on-Tangible-Asset was 12.43%. The lowest was -8.94%. And the median was 1.44%.

ROCO:4925's Return-on-Tangible-Asset is ranked worse than
56.66% of 1013 companies
in the Semiconductors industry
Industry Median: 2.34 vs ROCO:4925: 1.12

JMicron Technology Return-on-Tangible-Asset Historical Data

The historical data trend for JMicron Technology'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.

JMicron Technology Return-on-Tangible-Asset Chart

JMicron Technology 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 1.89 12.43 -8.94 -8.37 1.10

JMicron Technology Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 -26.15 -27.48 8.84 -4.90 6.90

Competitive Comparison of JMicron Technology's Return-on-Tangible-Asset

For the Semiconductors subindustry, JMicron Technology'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.


JMicron Technology's Return-on-Tangible-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, JMicron Technology's Return-on-Tangible-Asset distribution charts can be found below:

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


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JMicron Technology Return-on-Tangible-Asset Calculation

JMicron Technology'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 )
=17.76/( (1536.33+1679.996)/ 2 )
=17.76/1608.163
=1.10 %

JMicron Technology'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 )
=110.466/( (1521.999+1679.996)/ 2 )
=110.466/1600.9975
=6.90 %

* 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.


JMicron Technology  (ROCO:4925) 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.


JMicron Technology Return-on-Tangible-Asset Related Terms

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JMicron Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 13, Chuangxin 1st Road, 1st Floor, Hsinchu Science Park, Hsinchu, TWN
JMicron Technology Corp operates as a fabless IC company that specializes in designing high-speed data and signal interfaces. It offers bridge controller series that offers a range of high-speed and super-speed FireWire and SATAII/III interfaces for data storage applications.

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