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Koyo International (SGX:5OC) Return-on-Tangible-Asset : 0.04% (As of Dec. 2024)


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What is Koyo International 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. Koyo International's annualized Net Income for the quarter that ended in Dec. 2024 was S$0.02 Mil. Koyo International's average total tangible assets for the quarter that ended in Dec. 2024 was S$44.70 Mil. Therefore, Koyo International's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 0.04%.

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

SGX:5OC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -17.86   Med: 3.17   Max: 4.81
Current: 0.13

During the past 13 years, Koyo International's highest Return-on-Tangible-Asset was 4.81%. The lowest was -17.86%. And the median was 3.17%.

SGX:5OC's Return-on-Tangible-Asset is ranked worse than
73.36% of 1742 companies
in the Construction industry
Industry Median: 2.68 vs SGX:5OC: 0.13

Koyo International Return-on-Tangible-Asset Historical Data

The historical data trend for Koyo International'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.

Koyo International Return-on-Tangible-Asset Chart

Koyo International 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 4.46 -2.96 -17.86 3.68 0.12

Koyo International 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 -29.91 -15.02 20.81 0.22 0.04

Competitive Comparison of Koyo International's Return-on-Tangible-Asset

For the Engineering & Construction subindustry, Koyo International'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.


Koyo International's Return-on-Tangible-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Koyo International's Return-on-Tangible-Asset distribution charts can be found below:

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


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Koyo International Return-on-Tangible-Asset Calculation

Koyo International'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 )
=0.058/( (46.27+46.926)/ 2 )
=0.058/46.598
=0.12 %

Koyo International'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 )
=0.018/( (42.468+46.926)/ 2 )
=0.018/44.697
=0.04 %

* 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.


Koyo International  (SGX:5OC) 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.


Koyo International Return-on-Tangible-Asset Related Terms

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Koyo International Business Description

Traded in Other Exchanges
N/A
Address
53 Ubi Avenue 3, Number 02-16, Singapore, SGP, 408868
Koyo International Ltd is a Singapore-based investment holding company and is involved in the business of providing integrated mechanical and electrical engineering (M&E) services. The operating segments of the group are Mechanical Engineering, which designs and installs air-conditioning & mechanical ventilation, plumbing & sanitary installation, fire prevention, and protection systems as well as integrated systems; Electrical Engineering segment designs and install high & low tension electrical distribution systems, as well as communications, audio-visual, and securities systems; and Facilities Management segment provide maintenance, repair & replacement services for commercial buildings, hotels, schools, and university, and Investment holding segment.

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