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Victory Giant Technology (HuiZhou)Co (SZSE:300476) Return-on-Tangible-Asset : 20.36% (As of Mar. 2025)


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What is Victory Giant Technology (HuiZhou)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. Victory Giant Technology (HuiZhou)Co's annualized Net Income for the quarter that ended in Mar. 2025 was ¥3,683 Mil. Victory Giant Technology (HuiZhou)Co's average total tangible assets for the quarter that ended in Mar. 2025 was ¥18,083 Mil. Therefore, Victory Giant Technology (HuiZhou)Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 20.36%.

The historical rank and industry rank for Victory Giant Technology (HuiZhou)Co's Return-on-Tangible-Asset or its related term are showing as below:

SZSE:300476' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.54   Med: 7.29   Max: 11.31
Current: 11.31

During the past 13 years, Victory Giant Technology (HuiZhou)Co's highest Return-on-Tangible-Asset was 11.31%. The lowest was 4.54%. And the median was 7.29%.

SZSE:300476's Return-on-Tangible-Asset is ranked better than
90.13% of 2452 companies
in the Hardware industry
Industry Median: 2.51 vs SZSE:300476: 11.31

Victory Giant Technology (HuiZhou)Co Return-on-Tangible-Asset Historical Data

The historical data trend for Victory Giant Technology (HuiZhou)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.

Victory Giant Technology (HuiZhou)Co Return-on-Tangible-Asset Chart

Victory Giant Technology (HuiZhou)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 6.24 5.84 5.77 4.54 7.07

Victory Giant Technology (HuiZhou)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 5.48 6.57 7.85 9.42 20.36

Competitive Comparison of Victory Giant Technology (HuiZhou)Co's Return-on-Tangible-Asset

For the Electronic Components subindustry, Victory Giant Technology (HuiZhou)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.


Victory Giant Technology (HuiZhou)Co's Return-on-Tangible-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Victory Giant Technology (HuiZhou)Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Victory Giant Technology (HuiZhou)Co's Return-on-Tangible-Asset falls into.


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Victory Giant Technology (HuiZhou)Co Return-on-Tangible-Asset Calculation

Victory Giant Technology (HuiZhou)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 )
=1154.431/( (15467.352+17202.097)/ 2 )
=1154.431/16334.7245
=7.07 %

Victory Giant Technology (HuiZhou)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 )
=3682.588/( (17202.097+18963.766)/ 2 )
=3682.588/18082.9315
=20.36 %

* 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.


Victory Giant Technology (HuiZhou)Co  (SZSE:300476) 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.


Victory Giant Technology (HuiZhou)Co Return-on-Tangible-Asset Related Terms

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Victory Giant Technology (HuiZhou)Co Business Description

Traded in Other Exchanges
N/A
Address
Xingcheng Science and Technology Park, Xinqiao Village, Danshui Town, Huiyang District, Huizhou, Guangdong, CHN, 516211
Victory Giant Technology (HuiZhou)Co Ltd is a China-based company principally engaged in the research and development, manufacture and sale of printed circuit boards (PCBs). The company products are widely used in LED displays, server, communications, medical equipment, new energy vehicles, computer peripherals and other fields. The Company's main products include double-sided PCBs and continuous layer PCBs.
Executives
Liu Hui Independent director
Zhu Guo Qiang Executives
Zhao Qi Xiang Directors, executives
Chen Yong Directors, executives
Zhou Zong Hua Supervisors
Wang Yun Supervisors
Li Qi Liang Securities Affairs Representative
Wei Jun Yi Supervisors
Liu Chun Lan Director
Xiong Hou You Supervisors
Chen Tao Directors, executives
He Lian Qi Directors, executives

Victory Giant Technology (HuiZhou)Co Headlines

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