Pha Le Plastics Manufacturing and Technology JSC (STC:PLP) Return-on-Tangible-Asset: 0.00% (As of . 20)


What is Pha Le Plastics Manufacturing and Technology JSC Return-on-Tangible-Asset?

Pha Le Plastics Manufacturing and Technology JSC STC:PLP +3.39% Return-on-Tangible-Asset is 0.00% as of . 20. The stock has 1 warning sign investors should review. Among 1,608 Chemicals companies, Pha Le Plastics Manufacturing and Technology JSC ranks worse than 62188.99% on this metric.

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. Pha Le Plastics Manufacturing and Technology JSC's annualized Net Income for the quarter that ended in . 20 was ₫ Mil. Pha Le Plastics Manufacturing and Technology JSC's average total tangible assets for the quarter that ended in . 20 was ₫ Mil. Therefore, Pha Le Plastics Manufacturing and Technology JSC's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

The historical rank and industry rank for Pha Le Plastics Manufacturing and Technology JSC's Return-on-Tangible-Asset or its related term are showing as below:

STC:PLP's Return-on-Tangible-Asset is not ranked *
in the Chemicals industry.
Industry Median: 3.05
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Pha Le Plastics Manufacturing and Technology JSC  (STC:PLP) 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.

Pha Le Plastics Manufacturing and Technology JSC Return-on-Tangible-Asset Related Terms

Pha Le Plastics Manufacturing and Technology JSC Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Pha Le Plastics Manufacturing and Technology 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.

Pha Le Plastics Manufacturing and Technology JSC Return-on-Tangible-Asset Chart

Pha Le Plastics Manufacturing and Technology JSC Annual Data
Trend
Return-on-Tangible-Asset

Pha Le Plastics Manufacturing and Technology JSC Semi-Annual Data
Return-on-Tangible-Asset

Pha Le Plastics Manufacturing and Technology JSC Return-on-Tangible-Asset Competitor Comparison

For the Specialty Chemicals subindustry, Pha Le Plastics Manufacturing and Technology 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.

Pha Le Plastics Manufacturing and Technology JSC Return-on-Tangible-Asset vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Pha Le Plastics Manufacturing and Technology JSC's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Pha Le Plastics Manufacturing and Technology JSC's Return-on-Tangible-Asset falls into.


Pha Le Plastics Manufacturing and Technology JSC Return-on-Tangible-Asset Calculation

Pha Le Plastics Manufacturing and Technology JSC's annualized Return-on-Tangible-Asset for the fiscal year that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+)/ )
=/
= %

Pha Le Plastics Manufacturing and Technology JSC's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data.

What does a Return-on-Tangible-Asset of 0.00% mean?
Pha Le Plastics Manufacturing and Technology JSC (STC:PLP) has a Return-on-Tangible-Asset of 0.00% as of . 20. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Pha Le Plastics Manufacturing and Technology JSC and its competitors. According to the industry distribution chart, Pha Le Plastics Manufacturing and Technology JSC ranks #999999 out of 1608 companies in the Chemicals industry.
Is Pha Le Plastics Manufacturing and Technology JSC's Return-on-Tangible-Asset too high?
Pha Le Plastics Manufacturing and Technology JSC's current Return-on-Tangible-Asset is 0.00%. Based on the distribution chart, Pha Le Plastics Manufacturing and Technology JSC ranks #999999 out of 1608 companies in the Chemicals industry, which is in the bottom quartile relative to peers.
How does Pha Le Plastics Manufacturing and Technology JSC's Return-on-Tangible-Asset compare to competitors?
According to the Chemicals industry distribution chart, Pha Le Plastics Manufacturing and Technology JSC ranks #999999 out of 1608 companies for Return-on-Tangible-Asset. This places Pha Le Plastics Manufacturing and Technology JSC in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.05. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.05, based on 1,608 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Pha Le Plastics Manufacturing and Technology JSC and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pha Le Plastics Manufacturing and Technology JSC's current Return-on-Tangible-Asset is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pha Le Plastics Manufacturing and Technology JSC stock overvalued right now?
Pha Le Plastics Manufacturing and Technology JSC (STC:PLP) has a current Return-on-Tangible-Asset of 0.00%. The current Return-on-Tangible-Asset is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Pha Le Plastics Manufacturing and Technology JSC (STC:PLP), the current Return-on-Tangible-Asset is 0.00% as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Pha Le Plastics Manufacturing and Technology JSC Business Description

Address Lands for Industrial Zone CN4.3, MP Dinh Vu Economic Zone in Dinh Vu - Cat Hai, Dong Hai Ward 2, Hai An District, Haiphong, VNM
Pha Le Plastics Manufacturing and Technology JSC is engaged in the manufacturing of plastic filler additives, stone powder, and limestone. Its products include SPC Neo Floor technology stone floor, molding with SPC Technology, filler material, CACO3 stone, CACO3 stone powder, Limestone, and White Masterbatch. The company generates majority of its revenue domestically.