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Sany Heavy Equipment International Holdings Co (STU:YXS) Return-on-Tangible-Asset : -3.09% (As of Dec. 2024)


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What is Sany Heavy Equipment International Holdings Co 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. Sany Heavy Equipment International Holdings Co's annualized Net Income for the quarter that ended in Dec. 2024 was €-151 Mil. Sany Heavy Equipment International Holdings Co's average total tangible assets for the quarter that ended in Dec. 2024 was €4,893 Mil. Therefore, Sany Heavy Equipment International Holdings Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -3.09%.

The historical rank and industry rank for Sany Heavy Equipment International Holdings Co's Return-on-Tangible-Asset or its related term are showing as below:

STU:YXS' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.48   Med: 6.17   Max: 7.34
Current: 3.59

During the past 13 years, Sany Heavy Equipment International Holdings Co's highest Return-on-Tangible-Asset was 7.34%. The lowest was -6.48%. And the median was 6.17%.

STU:YXS's Return-on-Tangible-Asset is ranked worse than
52.13% of 211 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 3.88 vs STU:YXS: 3.59

Sany Heavy Equipment International Holdings Co Return-on-Tangible-Asset Historical Data

The historical data trend for Sany Heavy Equipment International Holdings Co'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.

Sany Heavy Equipment International Holdings Co Return-on-Tangible-Asset Chart

Sany Heavy Equipment International Holdings Co 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 6.73 7.32 7.58 6.87 3.26

Sany Heavy Equipment International Holdings Co Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 6.61 6.03 4.14 -3.09 6.63

Competitive Comparison of Sany Heavy Equipment International Holdings Co's Return-on-Tangible-Asset

For the Farm & Heavy Construction Machinery subindustry, Sany Heavy Equipment International Holdings Co'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.


Sany Heavy Equipment International Holdings Co's Return-on-Tangible-Asset Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sany Heavy Equipment International Holdings Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Sany Heavy Equipment International Holdings Co's Return-on-Tangible-Asset falls into.


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Sany Heavy Equipment International Holdings Co Return-on-Tangible-Asset Calculation

Sany Heavy Equipment International Holdings Co'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 )
=144.496/( (3983.568+4893.321)/ 2 )
=144.496/4438.4445
=3.26 %

Sany Heavy Equipment International Holdings Co'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: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=-151.244/( (0+4893.321)/ 1 )
=-151.244/4893.321
=-3.09 %

* 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 (Dec. 2024) net income data.


Sany Heavy Equipment International Holdings Co  (STU:YXS) 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.


Sany Heavy Equipment International Holdings Co Return-on-Tangible-Asset Related Terms

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Sany Heavy Equipment International Holdings Co Business Description

Traded in Other Exchanges
Address
No. 25, 16 Kaifa Road, Shenyang Economic and Technological Development Area, Liaoning Province, Shenyang, CHN, 110000
Sany Heavy Equipment International Holdings Co Ltd is a China-based investment holding company. The Mining Equipment segment produces and sells coal machinery, non-coal mining, mining vehicles, robots, smart mining products, and accessories. The Logistics Equipment segment produces and sells container equipment, material equipment, general equipment, and accessories. The oil & gas equipment segment engages in the production and sale of fracturing units and spare parts for oil & gas fields, and the provision of oil & gas field cementing and, the emerging industry equipment segment mainly engages in the production and sale of li-ion battery manufacturing equipment, power exchange stations, li-ion batteries, electricity, power station project products and the provision of related services.

Sany Heavy Equipment International Holdings Co Headlines

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