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SBC (SBC Medical Group Holdings) Return-on-Tangible-Asset : 31.96% (As of Mar. 2025)


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What is SBC Medical Group Holdings 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. SBC Medical Group Holdings's annualized Net Income for the quarter that ended in Mar. 2025 was $86.0 Mil. SBC Medical Group Holdings's average total tangible assets for the quarter that ended in Mar. 2025 was $269.1 Mil. Therefore, SBC Medical Group Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 31.96%.

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

SBC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.95   Med: 17.5   Max: 18.82
Current: 18.76

During the past 3 years, SBC Medical Group Holdings's highest Return-on-Tangible-Asset was 18.82%. The lowest was 2.95%. And the median was 17.50%.

SBC's Return-on-Tangible-Asset is ranked better than
92.33% of 1082 companies
in the Business Services industry
Industry Median: 3.67 vs SBC: 18.76

SBC Medical Group Holdings Return-on-Tangible-Asset Historical Data

The historical data trend for SBC Medical Group Holdings'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.

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SBC Medical Group Holdings Return-on-Tangible-Asset Chart

SBC Medical Group Holdings Annual Data
Trend Dec22 Dec23 Dec24
Return-on-Tangible-Asset
2.95 17.50 18.82

SBC Medical Group Holdings Quarterly Data
Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial 31.86 31.16 4.41 9.75 31.96

Competitive Comparison of SBC Medical Group Holdings's Return-on-Tangible-Asset

For the Consulting Services subindustry, SBC Medical Group Holdings'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.


SBC Medical Group Holdings's Return-on-Tangible-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SBC Medical Group Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where SBC Medical Group Holdings's Return-on-Tangible-Asset falls into.


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SBC Medical Group Holdings Return-on-Tangible-Asset Calculation

SBC Medical Group Holdings'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 )
=46.614/( (235.475+259.879)/ 2 )
=46.614/247.677
=18.82 %

SBC Medical Group Holdings'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 )
=86.008/( (259.879+278.282)/ 2 )
=86.008/269.0805
=31.96 %

* 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.


SBC Medical Group Holdings  (NAS:SBC) 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.


SBC Medical Group Holdings Return-on-Tangible-Asset Related Terms

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SBC Medical Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
200 Spectrum Center Drive, Suite 300, Irvine, CA, USA, 163-1303
SBC Medical Group Holdings Inc is a management company that provides management services to cosmetic treatment centers mainly in Japan. It is focused on providing comprehensive management services to franchisee clinics, including but not limited to advertising and marketing needs across various platforms (such as social media networks), staff management (such as recruitment and training), booking reservations for franchisee clinic customers, assistance with franchisee employee housing rentals and facility rentals, construction and design of franchisee clinics, medical equipment and medical consumables procurement (resale). Company provide management services to a total of One hundred fifty eight franchisee treatment centers under the brand name Shonan Beauty Clinic located in Japan.