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Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) Return-on-Tangible-Asset : 3.62% (As of Mar. 2025)


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What is Vietnam Manufacturing and Export Processing (Holdings) 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. Vietnam Manufacturing and Export Processing (Holdings)'s annualized Net Income for the quarter that ended in Mar. 2025 was NT$123 Mil. Vietnam Manufacturing and Export Processing (Holdings)'s average total tangible assets for the quarter that ended in Mar. 2025 was NT$3,395 Mil. Therefore, Vietnam Manufacturing and Export Processing (Holdings)'s annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 3.62%.

The historical rank and industry rank for Vietnam Manufacturing and Export Processing (Holdings)'s Return-on-Tangible-Asset or its related term are showing as below:

TPE:9110' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -30.24   Med: -4.59   Max: 1.45
Current: -1.31

During the past 13 years, Vietnam Manufacturing and Export Processing (Holdings)'s highest Return-on-Tangible-Asset was 1.45%. The lowest was -30.24%. And the median was -4.59%.

TPE:9110's Return-on-Tangible-Asset is ranked worse than
79.91% of 1324 companies
in the Vehicles & Parts industry
Industry Median: 3.06 vs TPE:9110: -1.31

Vietnam Manufacturing and Export Processing (Holdings) Return-on-Tangible-Asset Historical Data

The historical data trend for Vietnam Manufacturing and Export Processing (Holdings)'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.

Vietnam Manufacturing and Export Processing (Holdings) Return-on-Tangible-Asset Chart

Vietnam Manufacturing and Export Processing (Holdings) 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 -6.49 -5.00 -0.17 1.46 -3.75

Vietnam Manufacturing and Export Processing (Holdings) Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 -6.00 -3.40 2.02 -7.62 3.62

Competitive Comparison of Vietnam Manufacturing and Export Processing (Holdings)'s Return-on-Tangible-Asset

For the Recreational Vehicles subindustry, Vietnam Manufacturing and Export Processing (Holdings)'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.


Vietnam Manufacturing and Export Processing (Holdings)'s Return-on-Tangible-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Vietnam Manufacturing and Export Processing (Holdings)'s Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Vietnam Manufacturing and Export Processing (Holdings)'s Return-on-Tangible-Asset falls into.


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Vietnam Manufacturing and Export Processing (Holdings) Return-on-Tangible-Asset Calculation

Vietnam Manufacturing and Export Processing (Holdings)'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 )
=-125.216/( (3315.94+3366.815)/ 2 )
=-125.216/3341.3775
=-3.75 %

Vietnam Manufacturing and Export Processing (Holdings)'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 )
=122.812/( (3366.815+3422.594)/ 2 )
=122.812/3394.7045
=3.62 %

* 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.


Vietnam Manufacturing and Export Processing (Holdings)  (TPE:9110) 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.


Vietnam Manufacturing and Export Processing (Holdings) Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Vietnam Manufacturing and Export Processing (Holdings)'s Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Vietnam Manufacturing and Export Processing (Holdings) Business Description

Traded in Other Exchanges
Address
Section 5, Tam Hiep Ward, Dong Nai, Bien Hoa, VNM
Vietnam Manufacturing and Export Processing (Holdings) Ltd is engaged in manufacturing and sales of motorbikes, and related spare parts and engines. Its segments include Manufacturing and sale of motorbikes segment that includes motorbikes manufactured for the Vietnamese market and exports it to other countries including Malaysia, the Philippines, Thailand, Italy, Greece, United Arab Emirates and Singapore; and Manufacturing and sale of spare parts and engines segment manufactures engines for use in the group's motorbikes, while the group also exports engines to third parties. It manufactures parts for use in repair servicing and product assembly. Geographically, it operates in Vietnam, Malaysia, Philippines, United Arab Emirates, Greece, Thailand, Italy, Singapore, and Other Countries.

Vietnam Manufacturing and Export Processing (Holdings) Headlines

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