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Sunsea AIot Technology Co (SZSE:002313) Return-on-Tangible-Asset : -4.31% (As of Mar. 2025)


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What is Sunsea AIot Technology 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. Sunsea AIot Technology Co's annualized Net Income for the quarter that ended in Mar. 2025 was ¥-120 Mil. Sunsea AIot Technology Co's average total tangible assets for the quarter that ended in Mar. 2025 was ¥2,777 Mil. Therefore, Sunsea AIot Technology Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was -4.31%.

The historical rank and industry rank for Sunsea AIot Technology Co's Return-on-Tangible-Asset or its related term are showing as below:

SZSE:002313' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -24.34   Med: -1.69   Max: 2.41
Current: -5.21

During the past 13 years, Sunsea AIot Technology Co's highest Return-on-Tangible-Asset was 2.41%. The lowest was -24.34%. And the median was -1.69%.

SZSE:002313's Return-on-Tangible-Asset is ranked worse than
77.43% of 2455 companies
in the Hardware industry
Industry Median: 2.49 vs SZSE:002313: -5.21

Sunsea AIot Technology Co Return-on-Tangible-Asset Historical Data

The historical data trend for Sunsea AIot Technology 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.

Sunsea AIot Technology Co Return-on-Tangible-Asset Chart

Sunsea AIot Technology 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 -12.72 -2.70 -24.34 -9.99 -4.55

Sunsea AIot Technology Co 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 -1.18 -3.73 -5.34 -7.39 -4.31

Competitive Comparison of Sunsea AIot Technology Co's Return-on-Tangible-Asset

For the Communication Equipment subindustry, Sunsea AIot Technology 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.


Sunsea AIot Technology Co's Return-on-Tangible-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sunsea AIot Technology Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Sunsea AIot Technology Co's Return-on-Tangible-Asset falls into.


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Sunsea AIot Technology Co Return-on-Tangible-Asset Calculation

Sunsea AIot Technology 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 )
=-133.735/( (3078.997+2801.356)/ 2 )
=-133.735/2940.1765
=-4.55 %

Sunsea AIot Technology Co'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 )
=-119.764/( (2801.356+2753.38)/ 2 )
=-119.764/2777.368
=-4.31 %

* 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.


Sunsea AIot Technology Co  (SZSE:002313) 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.


Sunsea AIot Technology Co Return-on-Tangible-Asset Related Terms

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Sunsea AIot Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 198, Daxin Road, 17th Floor, Majialong Innovation Building, Nanshan District, Shenzhen, CHN, 518057
Sunsea AIot Technology Co Ltd is engaged in providing end-to-end Internet of Things (IoT) products and services to global customers. The group offers services to telecom operators, ICT equipment vendors, system integrators, and enterprise customers. The solution and products offered by the company includes IoT terminals, IoT cloud platforms, IoT multi-industry solutions, communications network infrastructure and communications services. geographically it holds research and development centers in China major cities such as Shenzhen, Shanghai and Xi'an, and has sales outlets in domestic capital cities and in Sweden, Italy, Thailand, and other countries.
Executives
Luo Xiao Yan Executives
Yuan Shu Executives
Fang Ling Ling Securities Affairs Representative
Peng Jian Director
He Mei Qin Executives
Li Wei Directors, Directors, and Executives
Liu Ping Director
Meng Xiang Yun Supervisors
Wu Yong Ping Secretary, Director
Chen Xu Hong Director
Dong Wei Independent director
Zhou Zhan Hong Director
Wang Yan Supervisors

Sunsea AIot Technology Co Headlines

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