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Poco Holdings Co (SZSE:300811) Return-on-Tangible-Asset : 9.19% (As of Mar. 2025)


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What is Poco 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. Poco Holdings Co's annualized Net Income for the quarter that ended in Mar. 2025 was ¥295 Mil. Poco Holdings Co's average total tangible assets for the quarter that ended in Mar. 2025 was ¥3,212 Mil. Therefore, Poco Holdings Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 9.19%.

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

SZSE:300811' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 10.71   Med: 12.92   Max: 21.99
Current: 13.06

During the past 11 years, Poco Holdings Co's highest Return-on-Tangible-Asset was 21.99%. The lowest was 10.71%. And the median was 12.92%.

SZSE:300811's Return-on-Tangible-Asset is ranked better than
93% of 2456 companies
in the Hardware industry
Industry Median: 2.49 vs SZSE:300811: 13.06

Poco Holdings Co Return-on-Tangible-Asset Historical Data

The historical data trend for Poco 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.

Poco Holdings Co Return-on-Tangible-Asset Chart

Poco 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 10.86 10.71 11.37 10.93 13.70

Poco Holdings 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 11.41 17.28 14.75 12.31 9.19

Competitive Comparison of Poco Holdings Co's Return-on-Tangible-Asset

For the Electronic Components subindustry, Poco 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.


Poco Holdings Co's Return-on-Tangible-Asset Distribution in the Hardware Industry

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

* The bar in red indicates where Poco Holdings Co's Return-on-Tangible-Asset falls into.


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Poco Holdings Co Return-on-Tangible-Asset Calculation

Poco 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 )
=375.722/( (2465.041+3018.762)/ 2 )
=375.722/2741.9015
=13.70 %

Poco Holdings 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 )
=295.056/( (3018.762+3405.831)/ 2 )
=295.056/3212.2965
=9.19 %

* 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.


Poco Holdings Co  (SZSE:300811) 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.


Poco Holdings Co Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Poco Holdings Co's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Poco Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
No 28, Langshan Road, 3rd Floor, Building 2, Room 301-306, Northern District of High Technology Industry Park, Nanshan District, Shenzhen, CHN
Poco Holdings Co Ltd is engaged in production and sales of alloy powder. The company manufactures magnetic materials, inductors, chip inductors, coils, magnetic electronic components and related equipment; stainless steel powder, steel alloy powder, iron powder, copper powder, aluminum powder, special metal alloy powder.
Executives
Du Jiang Hua Director
Luo Zhi Min Directors, executives
Ruan Jia Lin Directors, Directors, and Executives
Guo Xiong Zhi Directors, executives
You Xin Executives
Li Zheng Ping Securities Affairs Representative

Poco Holdings Co Headlines

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