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Hong Seng Consolidated Bhd (XKLS:0041) Return-on-Tangible-Asset : 6.99% (As of Mar. 2025)


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What is Hong Seng Consolidated Bhd 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. Hong Seng Consolidated Bhd's annualized Net Income for the quarter that ended in Mar. 2025 was RM24.36 Mil. Hong Seng Consolidated Bhd's average total tangible assets for the quarter that ended in Mar. 2025 was RM348.56 Mil. Therefore, Hong Seng Consolidated Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 6.99%.

The historical rank and industry rank for Hong Seng Consolidated Bhd's Return-on-Tangible-Asset or its related term are showing as below:

XKLS:0041' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -57.36   Med: 3.43   Max: 39.56
Current: 3.8

During the past 13 years, Hong Seng Consolidated Bhd's highest Return-on-Tangible-Asset was 39.56%. The lowest was -57.36%. And the median was 3.43%.

XKLS:0041's Return-on-Tangible-Asset is ranked better than
64.26% of 582 companies
in the Conglomerates industry
Industry Median: 2.42 vs XKLS:0041: 3.80

Hong Seng Consolidated Bhd Return-on-Tangible-Asset Historical Data

The historical data trend for Hong Seng Consolidated Bhd'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.

Hong Seng Consolidated Bhd Return-on-Tangible-Asset Chart

Hong Seng Consolidated Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Mar19 Mar20 Sep22 Dec23 Mar25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -57.36 -17.80 39.56 - 3.43

Hong Seng Consolidated Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 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 -7.72 1.74 -1.72 8.00 6.99

Competitive Comparison of Hong Seng Consolidated Bhd's Return-on-Tangible-Asset

For the Conglomerates subindustry, Hong Seng Consolidated Bhd'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.


Hong Seng Consolidated Bhd's Return-on-Tangible-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hong Seng Consolidated Bhd's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Hong Seng Consolidated Bhd's Return-on-Tangible-Asset falls into.


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Hong Seng Consolidated Bhd Return-on-Tangible-Asset Calculation

Hong Seng Consolidated Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2025 )  (A: Dec. 2023 )(A: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2025 )  (A: Dec. 2023 )(A: Mar. 2025 )
=12.896/( (398.966+353.205)/ 2 )
=12.896/376.0855
=3.43 %

Hong Seng Consolidated Bhd'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 )
=24.36/( (343.908+353.205)/ 2 )
=24.36/348.5565
=6.99 %

* 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.


Hong Seng Consolidated Bhd  (XKLS:0041) 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.


Hong Seng Consolidated Bhd Return-on-Tangible-Asset Related Terms

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


Hong Seng Consolidated Bhd Business Description

Traded in Other Exchanges
N/A
Address
C-01-3, Block C Plaza Glomac, No 6, Jalan SS7/19, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301
Hong Seng Consolidated Bhd is operating as an investment holding company. The company operates in five operating segments. The healthcare segment consists of a medical diagnostic and research laboratory and wholesale of pharmaceutical and medical goods; the Financial services include Moneylending; the Gloves segment consists of Manufacturing and trading of rubber gloves; The Search and advertising segment includes Developer and provider of online presence and advertising solutions and operator of search platforms; publishing business directory journals, and database marketing; The others segment includes, Investment holding, development and provision of software solutions companies, and the others. The majority of the revenue is derived from the healthcare segment.

Hong Seng Consolidated Bhd Headlines

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