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Wonder Pets Enterprises (ROCO:6968) Return-on-Tangible-Asset : 5.83% (As of Mar. 2025)


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What is Wonder Pets Enterprises 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. Wonder Pets Enterprises's annualized Net Income for the quarter that ended in Mar. 2025 was NT$164 Mil. Wonder Pets Enterprises's average total tangible assets for the quarter that ended in Mar. 2025 was NT$2,804 Mil. Therefore, Wonder Pets Enterprises's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 5.83%.

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

ROCO:6968' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.84   Med: 3.64   Max: 4.52
Current: 3.93

During the past 5 years, Wonder Pets Enterprises's highest Return-on-Tangible-Asset was 4.52%. The lowest was 0.84%. And the median was 3.64%.

ROCO:6968's Return-on-Tangible-Asset is ranked better than
51.76% of 1934 companies
in the Consumer Packaged Goods industry
Industry Median: 3.62 vs ROCO:6968: 3.93

Wonder Pets Enterprises Return-on-Tangible-Asset Historical Data

The historical data trend for Wonder Pets Enterprises'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.

Wonder Pets Enterprises Return-on-Tangible-Asset Chart

Wonder Pets Enterprises Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
0.84 4.52 3.48 3.64 3.88

Wonder Pets Enterprises Quarterly Data
Dec20 Dec21 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 6.18 3.23 1.33 5.00 5.83

Competitive Comparison of Wonder Pets Enterprises's Return-on-Tangible-Asset

For the Packaged Foods subindustry, Wonder Pets Enterprises'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.


Wonder Pets Enterprises's Return-on-Tangible-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Wonder Pets Enterprises's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Wonder Pets Enterprises's Return-on-Tangible-Asset falls into.


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Wonder Pets Enterprises Return-on-Tangible-Asset Calculation

Wonder Pets Enterprises'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 )
=100.827/( (2359.384+2843.976)/ 2 )
=100.827/2601.68
=3.88 %

Wonder Pets Enterprises'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 )
=163.532/( (2843.976+2764.503)/ 2 )
=163.532/2804.2395
=5.83 %

* 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.


Wonder Pets Enterprises  (ROCO:6968) 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.


Wonder Pets Enterprises Return-on-Tangible-Asset Related Terms

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Wonder Pets Enterprises Business Description

Traded in Other Exchanges
N/A
Address
4 F.-3, No. 23, Sector 1, Chang'an East Road, Zhongshan District, Taipei, TWN, 104403
Wonder Pets Enterprises Corp is a company providing pet products, channels, and services. The company under various brand names through which it sells its products such as pet park, Kaido pet, fur kids market and Cat and Dog Captain.

Wonder Pets Enterprises Headlines

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