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Insas Bhd (XKLS:3379PA.PFD) ROA % : 3.11% (As of Dec. 2023)


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What is Insas Bhd ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Insas Bhd's annualized Net Income for the quarter that ended in Dec. 2023 was RM95.70 Mil. Insas Bhd's average Total Assets over the quarter that ended in Dec. 2023 was RM3,077.40 Mil. Therefore, Insas Bhd's annualized ROA % for the quarter that ended in Dec. 2023 was 3.11%.

The historical rank and industry rank for Insas Bhd's ROA % or its related term are showing as below:

XKLS:3379PA.PFD' s ROA % Range Over the Past 10 Years
Min: 0.65   Med: 4.71   Max: 10.88
Current: 3.48

During the past 13 years, Insas Bhd's highest ROA % was 10.88%. The lowest was 0.65%. And the median was 4.71%.

XKLS:3379PA.PFD's ROA % is ranked better than
65.26% of 806 companies
in the Capital Markets industry
Industry Median: 1.4 vs XKLS:3379PA.PFD: 3.48

Insas Bhd ROA % Historical Data

The historical data trend for Insas Bhd's ROA % 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.

Insas Bhd ROA % Chart

Insas Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.59 0.65 10.88 8.31 4.28

Insas Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROA % 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 7.02 3.65 4.63 2.61 3.11

Competitive Comparison of Insas Bhd's ROA %

For the Capital Markets subindustry, Insas Bhd's ROA %, along with its competitors' market caps and ROA % 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.


Insas Bhd's ROA % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Insas Bhd's ROA % distribution charts can be found below:

* The bar in red indicates where Insas Bhd's ROA % falls into.



Insas Bhd ROA % Calculation

Insas Bhd's annualized ROA % for the fiscal year that ended in Jun. 2023 is calculated as:

ROA %=Net Income (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=122.754/( (2700.699+3031.362)/ 2 )
=122.754/2866.0305
=4.28 %

Insas Bhd's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=95.696/( (3039.73+3115.075)/ 2 )
=95.696/3077.4025
=3.11 %

* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Dec. 2023) net income data. ROA % is displayed in the 30-year financial page.


Insas Bhd  (XKLS:3379PA.PFD) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=95.696/3077.4025
=(Net Income / Revenue)*(Revenue / Total Assets)
=(95.696 / 241.876)*(241.876 / 3077.4025)
=Net Margin %*Asset Turnover
=39.56 %*0.0786
=3.11 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* 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.


Be Aware

Like ROE, ROA % 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. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Insas Bhd ROA % Related Terms

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Insas Bhd (XKLS:3379PA.PFD) Business Description

Traded in Other Exchanges
Address
The Gardens South Tower, Suite 23.02, Level 23, Mid Valley City, Lingkaran Syed Putra, Kuala Lumpur, MYS, 59200
Insas Bhd is engaged in several business divisions, which include stockbroking, provisioning of corporate finance and advisory services and structured finance, investment holding and trading, Technology and IT-related services, manufacturing and distribution of consumer products and services, retail trading and car rental. It is also engaged in property investment and development. Geographically the company operates in Malaysia, Singapore and other countries, while it's Investment holding and trading segment earns the majority of revenue for the company.

Insas Bhd (XKLS:3379PA.PFD) Headlines

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