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Wellchange Holdings CoWCT +4.87%20 Return-on-Tangible-Asset is -147.35% as of Dec. 2025. GuruFocus rates WCT with a GF Score™ of 20/100. The stock has 5 warning signs investors should review. Among 2,893 Software companies, Wellchange Holdings Co ranks worse than 94.23% on this metric.
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. Wellchange Holdings Co's annualizedNet Income for the quarter that ended in Dec. 2025 was $-8.72 Mil. Wellchange Holdings Co's average total tangible assets for the quarter that ended in Dec. 2025 was $5.92 Mil. Therefore, Wellchange Holdings Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -147.35%.
The historical rank and industry rank for Wellchange Holdings Co's Return-on-Tangible-Asset or its related term are showing as below:
WCT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -174.56 Med: 12.4 Max: 67.6
Current: -174.56
During the past 5 years, Wellchange Holdings Co's highest Return-on-Tangible-Asset was 67.60%. The lowest was -174.56%. And the median was 12.40%.
WCT's Return-on-Tangible-Asset is ranked worse than 94.23% of 2893
companies
in the Software industry
Industry Median: 2.07
vs WCT: -174.56
Wellchange Holdings Co (NAS:WCT) 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.
Wellchange Holdings Co Return-on-Tangible-Asset Related Terms
Wellchange Holdings Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Wellchange Holdings 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.
Wellchange Holdings Co Return-on-Tangible-Asset Chart
WCT vs QGSI, FTFT, EHVVF: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Wellchange Holdings 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.
Wellchange Holdings Co Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Wellchange Holdings Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Wellchange Holdings 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -147.35% mean?
Wellchange Holdings Co (WCT) has a Return-on-Tangible-Asset of -147.35% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Wellchange Holdings Co and its competitors. According to the industry distribution chart, Wellchange Holdings Co ranks #2726 out of 2893 companies in the Software industry, placing it in the top 94.2%.
Is Wellchange Holdings Co's Return-on-Tangible-Asset too high?
Wellchange Holdings Co's current Return-on-Tangible-Asset is -147.35%. Based on the distribution chart, Wellchange Holdings Co ranks #2726 out of 2893 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Wellchange Holdings Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Wellchange Holdings Co's Return-on-Tangible-Asset compare to QGSI and FTFT?
According to the Software industry distribution chart, Wellchange Holdings Co ranks #2726 out of 2893 companies for Return-on-Tangible-Asset. This places Wellchange Holdings Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.07. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Software company?
The median Return-on-Tangible-Asset among Software companies is 2.07, based on 2,893 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Wellchange Holdings Co and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wellchange Holdings Co's current Return-on-Tangible-Asset is -147.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wellchange Holdings Co stock overvalued right now?
Wellchange Holdings Co (WCT) has a current Return-on-Tangible-Asset of -147.35%. The current Return-on-Tangible-Asset is -147.35%. Wellchange Holdings Co's overall GF Score™ is 20/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Wellchange Holdings Co (WCT), the current Return-on-Tangible-Asset is -147.35% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Wellchange Holdings Co Ltd is an enterprise software solution services provider. It provides software solutions, cloud-based software-as-a-service (SaaS) platforms, and white-label software design and development services. Geographically, the firm generates all of its revenue from Hong Kong. The firm derives the majority of its revenue from Customized software solutions, followed by White label software and Subscription services.
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