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Investment and Industrial Development JSC (STC:BCM) Return-on-Tangible-Asset : 2.43% (As of Mar. 2025)


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What is Investment and Industrial Development JSC 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. Investment and Industrial Development JSC's annualized Net Income for the quarter that ended in Mar. 2025 was ₫1,433,063 Mil. Investment and Industrial Development JSC's average total tangible assets for the quarter that ended in Mar. 2025 was ₫58,903,017 Mil. Therefore, Investment and Industrial Development JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 2.43%.

The historical rank and industry rank for Investment and Industrial Development JSC's Return-on-Tangible-Asset or its related term are showing as below:

STC:BCM' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.97   Med: 4.23   Max: 5.73
Current: 4.37

During the past 6 years, Investment and Industrial Development JSC's highest Return-on-Tangible-Asset was 5.73%. The lowest was 2.97%. And the median was 4.23%.

STC:BCM's Return-on-Tangible-Asset is ranked better than
62.03% of 1738 companies
in the Construction industry
Industry Median: 2.695 vs STC:BCM: 4.37

Investment and Industrial Development JSC Return-on-Tangible-Asset Historical Data

The historical data trend for Investment and Industrial Development JSC'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.

Investment and Industrial Development JSC Return-on-Tangible-Asset Chart

Investment and Industrial Development JSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial 4.54 2.97 3.51 4.78 3.91

Investment and Industrial Development JSC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.88 2.80 2.52 9.70 2.43

Competitive Comparison of Investment and Industrial Development JSC's Return-on-Tangible-Asset

For the Engineering & Construction subindustry, Investment and Industrial Development JSC'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.


Investment and Industrial Development JSC's Return-on-Tangible-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Investment and Industrial Development JSC's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Investment and Industrial Development JSC's Return-on-Tangible-Asset falls into.


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Investment and Industrial Development JSC Return-on-Tangible-Asset Calculation

Investment and Industrial Development JSC'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 )
=2187091.169/( (53268268.316+58638920.682)/ 2 )
=2187091.169/55953594.499
=3.91 %

Investment and Industrial Development JSC'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 )
=1433062.752/( (58638920.682+59167113.234)/ 2 )
=1433062.752/58903016.958
=2.43 %

* 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.


Investment and Industrial Development JSC  (STC:BCM) 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.


Investment and Industrial Development JSC Return-on-Tangible-Asset Related Terms

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Investment and Industrial Development JSC Business Description

Traded in Other Exchanges
N/A
Address
08 Hung Vuog street, Hoa Phu ward, Binh Duong provicne, Thu Dau Mot city, VNM
Investment and Industrial Development JSC is a developer of industrial, urban and transportation infrastructure in Vietnam. The company is mainly engaged in investment and construction of industrial zone, residential area, urban area and transportation infrastructure.

Investment and Industrial Development JSC Headlines