The historical rank and industry rank for Min Aik Precision Industrial Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:4545'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.9 Med: 2.75 Max: 19.27
Current: 5.23
During the past 13 years, Min Aik Precision Industrial Co's highest Return-on-Tangible-Asset was 19.27%. The lowest was -1.90%. And the median was 2.75%.
TPE:4545's Return-on-Tangible-Asset is ranked better than 63.18% of 3028
companies
in the Industrial Products industry
Industry Median: 3.295
vs TPE:4545: 5.23
Min Aik Precision Industrial Co Return-on-Tangible-Asset Historical Data
* 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.
Min Aik Precision Industrial Co Return-on-Tangible-Asset Chart
Competitive Comparison of Min Aik Precision Industrial Co's Return-on-Tangible-Asset
For the Metal Fabrication subindustry, Min Aik Precision Industrial 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.
Min Aik Precision Industrial Co's Return-on-Tangible-Asset Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Min Aik Precision Industrial Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Min Aik Precision Industrial Co's Return-on-Tangible-Asset falls into.
* 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.
Min Aik Precision Industrial Co (TPE:4545) 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 companys 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 companys 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.
Min Aik Precision Industrial Co Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Min Aik Precision Industrial Co's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Min Aik Precision Industrial Co Business Description
Min Aik Precision Industrial Co Ltd is engaged in the processing and manufacturing of electroplating of aluminum and copper products, precision stamping components, and electroless nickel plating. It has three reportable segments: the Company, MAPP, and AMO. The company which generates key revenue, engages mainly in the development, design, and manufacture of precise components. MAPP engages mainly in the development and manufacture of medical plastic injection and molding. AMO engages mainly in the development, manufacture, and selling of automatic machines. Geographically, it derives a majority of its revenue from Singapore and Malaysia and the rest from China, Taiwan, Ireland, Thailand, and other countries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TPE:4545 has been successfully added to your 