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Shenzhen Sunway Communication Co (SZSE:300136) Return-on-Tangible-Asset : 2.68% (As of Mar. 2025)


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What is Shenzhen Sunway Communication 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. Shenzhen Sunway Communication Co's annualized Net Income for the quarter that ended in Mar. 2025 was ¥310 Mil. Shenzhen Sunway Communication Co's average total tangible assets for the quarter that ended in Mar. 2025 was ¥11,577 Mil. Therefore, Shenzhen Sunway Communication Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 2.68%.

The historical rank and industry rank for Shenzhen Sunway Communication Co's Return-on-Tangible-Asset or its related term are showing as below:

SZSE:300136' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.59   Med: 13.82   Max: 27.17
Current: 5

During the past 13 years, Shenzhen Sunway Communication Co's highest Return-on-Tangible-Asset was 27.17%. The lowest was 4.59%. And the median was 13.82%.

SZSE:300136's Return-on-Tangible-Asset is ranked better than
68.16% of 2456 companies
in the Hardware industry
Industry Median: 2.485 vs SZSE:300136: 5.00

Shenzhen Sunway Communication Co Return-on-Tangible-Asset Historical Data

The historical data trend for Shenzhen Sunway Communication 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.

Shenzhen Sunway Communication Co Return-on-Tangible-Asset Chart

Shenzhen Sunway Communication 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 11.39 4.69 5.78 4.59 5.70

Shenzhen Sunway Communication 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 5.25 1.75 11.06 4.26 2.68

Competitive Comparison of Shenzhen Sunway Communication Co's Return-on-Tangible-Asset

For the Electronic Components subindustry, Shenzhen Sunway Communication 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.


Shenzhen Sunway Communication Co's Return-on-Tangible-Asset Distribution in the Hardware Industry

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

* The bar in red indicates where Shenzhen Sunway Communication Co's Return-on-Tangible-Asset falls into.


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Shenzhen Sunway Communication Co Return-on-Tangible-Asset Calculation

Shenzhen Sunway Communication 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 )
=661.606/( (11433.509+11796.115)/ 2 )
=661.606/11614.812
=5.70 %

Shenzhen Sunway Communication 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 )
=309.968/( (11796.115+11357.805)/ 2 )
=309.968/11576.96
=2.68 %

* 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.


Shenzhen Sunway Communication Co  (SZSE:300136) 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.


Shenzhen Sunway Communication Co Return-on-Tangible-Asset Related Terms

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Shenzhen Sunway Communication Co Business Description

Traded in Other Exchanges
N/A
Address
Building 8&9, Changxing High-tech Industrial Park, Wan’an Road, Shajing Town, Bao’an District, Shenzhen, CHN, 518104
Shenzhen Sunway Communication Co Ltd is operating in the communication industry. The company is primarily focusing on the research and development, manufacturing, sales and marketing of the mobile terminal antennas and related modules, acoustic modules and connectors with high electromagnetic compatibility. Its products offering include mobile antenna, precision metal parts, MIM metal parts, acoustics and new materials products. Its products mainly apply to consumer electronic fields like smartphone/tablet PC, smart wearable devices, smart home/IoT and smart automobiles, and primarily expand the supporting capability towards industry, automobile, and military fields.
Executives
Peng Hao Directors, executives
Zuo Jian Bin Executives
Wu Hui Lin Directors, executives
Mao Da Dong Executives
Wang Ke Fu Supervisors
Wang Hong Bo Independent director
Yang Zhao Guo Director
Hu Shu Zhou Director
Xiang Li Ping Supervisors
Luo Chen Securities Affairs Representative
Wei Ji Jian Executives
Zhou Zhong Rong Executives
Yu Wei Director
Zhu Jie Executives
Li Ai Hua Supervisors

Shenzhen Sunway Communication Co Headlines

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