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World Known MFG (Cayman) (TPE:4581) Return-on-Tangible-Asset : 10.39% (As of Mar. 2025)


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What is World Known MFG (Cayman) 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. World Known MFG (Cayman)'s annualized Net Income for the quarter that ended in Mar. 2025 was NT$194 Mil. World Known MFG (Cayman)'s average total tangible assets for the quarter that ended in Mar. 2025 was NT$1,865 Mil. Therefore, World Known MFG (Cayman)'s annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 10.39%.

The historical rank and industry rank for World Known MFG (Cayman)'s Return-on-Tangible-Asset or its related term are showing as below:

TPE:4581' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.57   Med: 8.39   Max: 13.5
Current: 9.75

During the past 8 years, World Known MFG (Cayman)'s highest Return-on-Tangible-Asset was 13.50%. The lowest was 5.57%. And the median was 8.39%.

TPE:4581's Return-on-Tangible-Asset is ranked better than
85.8% of 1324 companies
in the Vehicles & Parts industry
Industry Median: 3.06 vs TPE:4581: 9.75

World Known MFG (Cayman) Return-on-Tangible-Asset Historical Data

The historical data trend for World Known MFG (Cayman)'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.

World Known MFG (Cayman) Return-on-Tangible-Asset Chart

World Known MFG (Cayman) Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial 5.57 6.03 7.57 12.03 9.59

World Known MFG (Cayman) 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 9.38 9.88 8.18 10.75 10.39

Competitive Comparison of World Known MFG (Cayman)'s Return-on-Tangible-Asset

For the Auto Parts subindustry, World Known MFG (Cayman)'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.


World Known MFG (Cayman)'s Return-on-Tangible-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, World Known MFG (Cayman)'s Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where World Known MFG (Cayman)'s Return-on-Tangible-Asset falls into.


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World Known MFG (Cayman) Return-on-Tangible-Asset Calculation

World Known MFG (Cayman)'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 )
=170.194/( (1747.779+1801.518)/ 2 )
=170.194/1774.6485
=9.59 %

World Known MFG (Cayman)'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 )
=193.664/( (1801.518+1928.056)/ 2 )
=193.664/1864.787
=10.39 %

* 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.


World Known MFG (Cayman)  (TPE:4581) 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.


World Known MFG (Cayman) Return-on-Tangible-Asset Related Terms

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World Known MFG (Cayman) Business Description

Traded in Other Exchanges
N/A
Address
Oleander Way, 802 West Bay Road, The Grand Pavilion Commercial Centre, P.O. Box 32052, Grand Cayman, CYM, KYI-1208
World Known MFG (Cayman) Ltd is primarily involved in the manufacturing and selling the energy-saving and carbon-reducing parts of commercial vehicle engines, ADB calipers, rear panels of brake pads, bend pipes and accessories of turbocharger, cases of flywheels, cases of swing arms, exhaust manifolds, braces, core shafts, parts for braking system of wind power generator and processed products of machinery parts for various industries. The majority of the revenue is generated from the sale of Automotive parts. The company's geographical segments include America, Asia, and other countries. The company's segment consists of the precision casting processing department, offering products and managing related technologies and marketing strategies.

World Known MFG (Cayman) Headlines

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