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Winstar Display Co (TPE:6916) Return-on-Tangible-Asset : 0.14% (As of Mar. 2025)


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What is Winstar Display 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. Winstar Display Co's annualized Net Income for the quarter that ended in Mar. 2025 was NT$3 Mil. Winstar Display Co's average total tangible assets for the quarter that ended in Mar. 2025 was NT$2,485 Mil. Therefore, Winstar Display Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 0.14%.

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

TPE:6916' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.46   Med: 2.23   Max: 12.92
Current: 1.19

During the past 6 years, Winstar Display Co's highest Return-on-Tangible-Asset was 12.92%. The lowest was -1.46%. And the median was 2.23%.

TPE:6916's Return-on-Tangible-Asset is ranked worse than
58.27% of 2456 companies
in the Hardware industry
Industry Median: 2.49 vs TPE:6916: 1.19

Winstar Display Co Return-on-Tangible-Asset Historical Data

The historical data trend for Winstar Display 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.

Winstar Display Co Return-on-Tangible-Asset Chart

Winstar Display Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial 0.18 3.13 12.92 3.47 1.33

Winstar Display Co Quarterly Data
Dec19 Dec20 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 0.55 0.11 1.89 2.64 0.14

Competitive Comparison of Winstar Display Co's Return-on-Tangible-Asset

For the Electronic Components subindustry, Winstar Display 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.


Winstar Display Co's Return-on-Tangible-Asset Distribution in the Hardware Industry

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

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


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Winstar Display Co Return-on-Tangible-Asset Calculation

Winstar Display 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 )
=31.709/( (2297.572+2476.505)/ 2 )
=31.709/2387.0385
=1.33 %

Winstar Display 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 )
=3.44/( (2476.505+2492.732)/ 2 )
=3.44/2484.6185
=0.14 %

* 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.


Winstar Display Co  (TPE:6916) 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.


Winstar Display Co Return-on-Tangible-Asset Related Terms

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Winstar Display Co Business Description

Traded in Other Exchanges
N/A
Address
No. 43, Keya Road, 2nd Floor, Daya District, Taichung City, TWN, 428
Winstar Display Co Ltd engages in the manufacturing and development of Industrial LCD Displays including monochrome, various display modules, and System Integrated Solutions. It offers a wide range of standard and total/semi-custom design LCD module displays and PMOLED display modules. The company's operating revenue mainly comes from the production and sales of LCD modules and OLED display modules. Its LCM modules product lines include monochrome TN/STN/FSTN character module LCD and graphic LCD modules, COG LCD, FSC-LCD, VATN LCM module. The company's reportable segments consist of Domestic operations, covering production and sales within the domestic region; Asian operations, encompassing production and sales in Asia; and Others, comprising sales in additional areas.

Winstar Display Co Headlines

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