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King Slide Works Co (TPE:2059) Return-on-Tangible-Asset : 35.97% (As of Mar. 2025)


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What is King Slide Works 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. King Slide Works Co's annualized Net Income for the quarter that ended in Mar. 2025 was NT$10,046 Mil. King Slide Works Co's average total tangible assets for the quarter that ended in Mar. 2025 was NT$27,926 Mil. Therefore, King Slide Works Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 35.97%.

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

TPE:2059' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.93   Med: 15.4   Max: 29.11
Current: 29.11

During the past 13 years, King Slide Works Co's highest Return-on-Tangible-Asset was 29.11%. The lowest was 8.93%. And the median was 15.40%.

TPE:2059's Return-on-Tangible-Asset is ranked better than
99.08% of 437 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.95 vs TPE:2059: 29.11

King Slide Works Co Return-on-Tangible-Asset Historical Data

The historical data trend for King Slide Works 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.

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King Slide Works Co Return-on-Tangible-Asset Chart

King Slide Works 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 8.93 14.39 23.40 13.59 26.17

King Slide Works 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 25.94 25.44 19.67 34.62 35.97

Competitive Comparison of King Slide Works Co's Return-on-Tangible-Asset

For the Furnishings, Fixtures & Appliances subindustry, King Slide Works 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.


King Slide Works Co's Return-on-Tangible-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, King Slide Works Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where King Slide Works Co's Return-on-Tangible-Asset falls into.


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King Slide Works Co Return-on-Tangible-Asset Calculation

King Slide Works 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 )
=6155.584/( (20577.873+26470.182)/ 2 )
=6155.584/23524.0275
=26.17 %

King Slide Works 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 )
=10045.896/( (26470.182+29381.729)/ 2 )
=10045.896/27925.9555
=35.97 %

* 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.


King Slide Works Co  (TPE:2059) 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.


King Slide Works Co Return-on-Tangible-Asset Related Terms

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King Slide Works Co Business Description

Traded in Other Exchanges
N/A
Address
No. 299, Shun An Road, Lu Zhu District, Kaohsiung, TWN, 82150
King Slide Works Co Ltd is a Taiwan-based company that mainly designs, manufactures, and sells the following products; Rail kits for cloud computing servers and data devices, and Furniture, wooden kitchen accessories, slides, and molds. Its reportable segments are; King Slide Works Co., Ltd which mainly manufactures, processes, and sells rail kits for computer and network communication equipment, furniture accessories, slides, and molds; King Slide Technology Co., Ltd segment which is mainly engaged in R&D, designs and sells the rail kits for servers and network communication equipment; and the others segment. Geographically, the company generates maximum revenue from the United States of America and the rest from Taiwan, China, and other regions.

King Slide Works Co Headlines

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