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NHN KCP (XKRX:060250) Return-on-Tangible-Asset : 10.14% (As of Mar. 2024)


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What is NHN KCP 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. NHN KCP's annualized Net Income for the quarter that ended in Mar. 2024 was ₩50,349 Mil. NHN KCP's average total tangible assets for the quarter that ended in Mar. 2024 was ₩496,628 Mil. Therefore, NHN KCP's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was 10.14%.

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

XKRX:060250' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.61   Med: 7.5   Max: 8.94
Current: 8.27

During the past 13 years, NHN KCP's highest Return-on-Tangible-Asset was 8.94%. The lowest was 5.61%. And the median was 7.50%.

XKRX:060250's Return-on-Tangible-Asset is ranked better than
73.62% of 2824 companies
in the Software industry
Industry Median: 1.295 vs XKRX:060250: 8.27

NHN KCP Return-on-Tangible-Asset Historical Data

The historical data trend for NHN KCP'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.

NHN KCP Return-on-Tangible-Asset Chart

NHN KCP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.56 8.94 7.90 8.08 7.23

NHN KCP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.11 8.24 7.54 7.02 10.14

Competitive Comparison of NHN KCP's Return-on-Tangible-Asset

For the Software - Infrastructure subindustry, NHN KCP'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.


NHN KCP's Return-on-Tangible-Asset Distribution in the Software Industry

For the Software industry and Technology sector, NHN KCP's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where NHN KCP's Return-on-Tangible-Asset falls into.



NHN KCP Return-on-Tangible-Asset Calculation

NHN KCP's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=35285.287/( (460912.409+515812.638)/ 2 )
=35285.287/488362.5235
=7.23 %

NHN KCP's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=50348.516/( (515812.638+477442.978)/ 2 )
=50348.516/496627.808
=10.14 %

* 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. 2024) net income data.


NHN KCP  (XKRX:060250) 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.


NHN KCP Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of NHN KCP's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


NHN KCP (XKRX:060250) Business Description

Industry
Traded in Other Exchanges
N/A
Address
170-5, Guro-dong, Guro-gu, Seoul, KOR, 152-050
NHN KCP Corp is engaged in the online payment business. NHN KCP organizes its business operations into four segments: Payment Gateway Service, VAN Service, Smart Service, and Additional Services. Payment Gateway Service comprises general payments, periodic accounting, electronic payments by ARS. VAN Service includes online payment processing by credit card, IC card, and points card. Smart Service consists payment service by smart devices. Its additional services comprised mobile phone authentication service and mobile student ID. The company is one of the principal market share holders in the internet shopping mall transactions and the online VAN services in Korea.

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