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Wan Hai Lines (TPE:2615) Return-on-Tangible-Asset : 8.35% (As of Mar. 2025)


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What is Wan Hai Lines 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. Wan Hai Lines's annualized Net Income for the quarter that ended in Mar. 2025 was NT$34,928 Mil. Wan Hai Lines's average total tangible assets for the quarter that ended in Mar. 2025 was NT$418,289 Mil. Therefore, Wan Hai Lines's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 8.35%.

The historical rank and industry rank for Wan Hai Lines's Return-on-Tangible-Asset or its related term are showing as below:

TPE:2615' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.66   Med: 4.56   Max: 56.45
Current: 13.22

During the past 13 years, Wan Hai Lines's highest Return-on-Tangible-Asset was 56.45%. The lowest was -1.66%. And the median was 4.56%.

TPE:2615's Return-on-Tangible-Asset is ranked better than
88.94% of 1004 companies
in the Transportation industry
Industry Median: 3.975 vs TPE:2615: 13.22

Wan Hai Lines Return-on-Tangible-Asset Historical Data

The historical data trend for Wan Hai Lines'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.

Wan Hai Lines Return-on-Tangible-Asset Chart

Wan Hai Lines 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 11.55 56.45 29.89 -1.66 12.75

Wan Hai Lines 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 5.41 12.83 19.41 12.77 8.35

Competitive Comparison of Wan Hai Lines's Return-on-Tangible-Asset

For the Marine Shipping subindustry, Wan Hai Lines'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.


Wan Hai Lines's Return-on-Tangible-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Wan Hai Lines's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Wan Hai Lines's Return-on-Tangible-Asset falls into.


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Wan Hai Lines Return-on-Tangible-Asset Calculation

Wan Hai Lines'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 )
=47408.57/( (332523.27+411175.931)/ 2 )
=47408.57/371849.6005
=12.75 %

Wan Hai Lines'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 )
=34927.724/( (411175.931+425401.768)/ 2 )
=34927.724/418288.8495
=8.35 %

* 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.


Wan Hai Lines  (TPE:2615) 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.


Wan Hai Lines Return-on-Tangible-Asset Related Terms

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Wan Hai Lines Business Description

Traded in Other Exchanges
N/A
Address
136, Sung Chiang Road, 10th Floor, Taipei, TWN
Wan Hai Lines Ltd is a transportation and logistics company domiciled in Taiwan. The company develops and operates terminals, container yards, and warehouses, and provides container shipping services through its fleet of vessels. Besides, the company constructs and maintains cargo containers, provides container loading and unloading services, and constructs and maintains ships. The company generates the majority of its revenue from Freight, Rentals, followed by WHL Terminals and Other services in geographical regions that include Asia, followed by India, the Middle East, and the Red Sea.

Wan Hai Lines Headlines

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