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World Fitness Services (TPE:2762) Return-on-Tangible-Equity : 7.35% (As of Mar. 2025)


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What is World Fitness Services Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. World Fitness Services's annualized net income for the quarter that ended in Mar. 2025 was NT$197 Mil. World Fitness Services's average shareholder tangible equity for the quarter that ended in Mar. 2025 was NT$2,682 Mil. Therefore, World Fitness Services's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 7.35%.

The historical rank and industry rank for World Fitness Services's Return-on-Tangible-Equity or its related term are showing as below:

TPE:2762' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.88   Med: 13   Max: 14.97
Current: 9.8

During the past 5 years, World Fitness Services's highest Return-on-Tangible-Equity was 14.97%. The lowest was 2.88%. And the median was 13.00%.

TPE:2762's Return-on-Tangible-Equity is ranked better than
55.88% of 757 companies
in the Travel & Leisure industry
Industry Median: 7.61 vs TPE:2762: 9.80

World Fitness Services Return-on-Tangible-Equity Historical Data

The historical data trend for World Fitness Services's Return-on-Tangible-Equity 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.

World Fitness Services Return-on-Tangible-Equity Chart

World Fitness Services Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Negative Tangible Equity 2.88 11.57 14.97 14.43

World Fitness Services Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.64 15.24 7.74 8.15 7.35

Competitive Comparison of World Fitness Services's Return-on-Tangible-Equity

For the Leisure subindustry, World Fitness Services's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


World Fitness Services's Return-on-Tangible-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, World Fitness Services's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where World Fitness Services's Return-on-Tangible-Equity falls into.


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World Fitness Services Return-on-Tangible-Equity Calculation

World Fitness Services's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=351.795/( (2196.993+2678.126 )/ 2 )
=351.795/2437.5595
=14.43 %

World Fitness Services's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=197.124/( (2678.126+2686.27)/ 2 )
=197.124/2682.198
=7.35 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.


World Fitness Services  (TPE:2762) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


World Fitness Services Return-on-Tangible-Equity Related Terms

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World Fitness Services Business Description

Traded in Other Exchanges
N/A
Address
36th Floor, No. 402, Shizheng Road, Xitun District, Taichung, TWN
World Fitness Services Ltd. is a Cayman Islands-based company, which operates World Gym. World Gym is a chain of fitness centers in Taiwan and is a fitness club. It offers a variety of sports and dance classes. Its fitness and relaxation areas in Taipei, Keelung, Taoyuan, Hsinchu, Miaoli, Taichung, Changhua, Nantou, Yunlin, Chiayi, Tainan, Kaohsiung, Pingtung, Yilan and Hualien. The Company also owns and operates approximately 130 World Gym fitness centers in Taiwan. Revenue comes from the sales of fitness consumables.

World Fitness Services Headlines

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