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Wens Foodstuff Group Co (SZSE:300498) Return-on-Tangible-Asset : 8.62% (As of Mar. 2025)


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What is Wens Foodstuff Group 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. Wens Foodstuff Group Co's annualized Net Income for the quarter that ended in Mar. 2025 was ¥8,006 Mil. Wens Foodstuff Group Co's average total tangible assets for the quarter that ended in Mar. 2025 was ¥92,874 Mil. Therefore, Wens Foodstuff Group Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 8.62%.

The historical rank and industry rank for Wens Foodstuff Group Co's Return-on-Tangible-Asset or its related term are showing as below:

SZSE:300498' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -14.93   Med: 10.02   Max: 32.56
Current: 13.57

During the past 13 years, Wens Foodstuff Group Co's highest Return-on-Tangible-Asset was 32.56%. The lowest was -14.93%. And the median was 10.02%.

SZSE:300498's Return-on-Tangible-Asset is ranked better than
88.99% of 1934 companies
in the Consumer Packaged Goods industry
Industry Median: 3.64 vs SZSE:300498: 13.57

Wens Foodstuff Group Co Return-on-Tangible-Asset Historical Data

The historical data trend for Wens Foodstuff Group 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.

Wens Foodstuff Group Co Return-on-Tangible-Asset Chart

Wens Foodstuff Group 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 9.98 -14.93 5.54 -6.82 10.06

Wens Foodstuff Group 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 -5.37 11.27 22.49 12.26 8.62

Competitive Comparison of Wens Foodstuff Group Co's Return-on-Tangible-Asset

For the Farm Products subindustry, Wens Foodstuff Group 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.


Wens Foodstuff Group Co's Return-on-Tangible-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Wens Foodstuff Group Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Wens Foodstuff Group Co's Return-on-Tangible-Asset falls into.


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Wens Foodstuff Group Co Return-on-Tangible-Asset Calculation

Wens Foodstuff Group 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 )
=9230.419/( (91224.074+92288.344)/ 2 )
=9230.419/91756.209
=10.06 %

Wens Foodstuff Group 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 )
=8005.624/( (92288.344+93460.315)/ 2 )
=8005.624/92874.3295
=8.62 %

* 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.


Wens Foodstuff Group Co  (SZSE:300498) 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.


Wens Foodstuff Group Co Return-on-Tangible-Asset Related Terms

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Wens Foodstuff Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Dongdi North Road, Xincheng Town, Xinxing County, Guangdong Province, Yunfu, CHN, 527400
Wens Foodstuff Group Co Ltd operates as a livestock and poultry farming company in China. The company offers fresh meat products and processed products, including chicken, pig, duck, milk, egg, cooked chicken, deep-sea fish, sheep, pigeons, and other products. It also provides raw milk; and finished milk, such as pasteurized milk, fermented milk, sterilized milk, milk-containing beverages, and other various categories of products.
Executives
Mei Jin Fang Directors, executives
Lin Jian Xing Executives
Liang Zhi Xiong Directors, executives
Zhang Xiang Bin Executives
Li Shao Song Directors, executives
Zhao Liang Director
Qin Kai Tian Director
Chen Xiao Jian Executives
Wen Peng Cheng Director
Chen Feng Executives
Yan Ju Ran Director
Wen Xiao Qiong Directors, executives
Luo Xu Fang Executives
Yan Ju Neng Director
Chen Rui Ai Executives

Wens Foodstuff Group Co Headlines

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