The historical rank and industry rank for Chunghwa Precision Test Tech Co's Return-on-Tangible-Asset or its related term are showing as below:
ROCO:6510'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.38 Med: 10.53 Max: 27.54
Current: 8.27
During the past 13 years, Chunghwa Precision Test Tech Co's highest Return-on-Tangible-Asset was 27.54%. The lowest was 0.38%. And the median was 10.53%.
ROCO:6510's Return-on-Tangible-Asset is ranked better than 78.87% of 1013
companies
in the Semiconductors industry
Industry Median: 2.34
vs ROCO:6510: 8.27
Chunghwa Precision Test Tech Co Return-on-Tangible-Asset Historical Data
* 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.
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Chunghwa Precision Test Tech Co Return-on-Tangible-Asset Chart
Competitive Comparison of Chunghwa Precision Test Tech Co's Return-on-Tangible-Asset
For the Semiconductor Equipment & Materials subindustry, Chunghwa Precision Test Tech 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.
Chunghwa Precision Test Tech Co's Return-on-Tangible-Asset Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Chunghwa Precision Test Tech Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Chunghwa Precision Test Tech Co's Return-on-Tangible-Asset falls into.
* 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.
Chunghwa Precision Test Tech Co (ROCO:6510) 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 companys 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 companys 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.
Chunghwa Precision Test Tech Co Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Chunghwa Precision Test Tech Co's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Chunghwa Precision Test Tech Co Business Description
Chunghwa Precision Test Tech Co Ltd is engaged mainly in the testing of semiconductor components, the production of printed circuit boards, and the marketing of electronic products. The company earns revenue from the sale of goods, including semiconductor test components, printed circuit boards, and electronic products. It also earns revenue from the rendering of services such as designing and maintaining semiconductor components, printed circuit boards, and providing after-sales services. It generates maximum revenue from the sale of wafer test boards. Geographically, the company generates maximum revenue from Taiwan, followed by the United States, China, and other regions.
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