GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Young Hwa Tech Co Ltd (XKRX:265560) » Definitions » Return-on-Tangible-Asset

Young Hwa Tech Co (XKRX:265560) Return-on-Tangible-Asset : 10.88% (As of Mar. 2025)


View and export this data going back to 2017. Start your Free Trial

What is Young Hwa Tech 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. Young Hwa Tech Co's annualized Net Income for the quarter that ended in Mar. 2025 was ₩11,531 Mil. Young Hwa Tech Co's average total tangible assets for the quarter that ended in Mar. 2025 was ₩105,997 Mil. Therefore, Young Hwa Tech Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 10.88%.

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

XKRX:265560' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.63   Med: 6.72   Max: 14.65
Current: 13.87

During the past 9 years, Young Hwa Tech Co's highest Return-on-Tangible-Asset was 14.65%. The lowest was -2.63%. And the median was 6.72%.

XKRX:265560's Return-on-Tangible-Asset is ranked better than
94.94% of 1325 companies
in the Vehicles & Parts industry
Industry Median: 3.05 vs XKRX:265560: 13.87

Young Hwa Tech Co Return-on-Tangible-Asset Historical Data

The historical data trend for Young Hwa Tech 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.

Young Hwa Tech Co Return-on-Tangible-Asset Chart

Young Hwa Tech Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only 0.75 4.12 6.72 7.37 14.65

Young Hwa Tech Co 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 13.19 17.89 10.55 16.17 10.88

Competitive Comparison of Young Hwa Tech Co's Return-on-Tangible-Asset

For the Auto Parts subindustry, Young Hwa Tech 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.


Young Hwa Tech Co's Return-on-Tangible-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Young Hwa Tech Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Young Hwa Tech Co's Return-on-Tangible-Asset falls into.


;
;

Young Hwa Tech Co Return-on-Tangible-Asset Calculation

Young Hwa Tech 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 )
=14023.169/( (85276.011+106198.726)/ 2 )
=14023.169/95737.3685
=14.65 %

Young Hwa Tech 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 )
=11530.612/( (106198.726+105796.085)/ 2 )
=11530.612/105997.4055
=10.88 %

* 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.


Young Hwa Tech Co  (XKRX:265560) 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.


Young Hwa Tech Co Return-on-Tangible-Asset Related Terms

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


Young Hwa Tech Co Business Description

Traded in Other Exchanges
N/A
Address
132, Asan valley-ro, Dunpo-myeon, Chungcheognam-do, Asan-Si, KOR
Young Hwa Tech Co Ltd designs, develops, manufactures and sells automobile electronic parts in Korea. Its products include Junction boxes, Ev and Hev components, Secondary battery components, Automotive electronics and Industrial power electronics.

Young Hwa Tech Co Headlines

No Headlines