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Zen Tech International Bhd (XKLS:0094) Return-on-Tangible-Asset : -9.40% (As of Mar. 2025)


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What is Zen Tech International 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. Zen Tech International Bhd's annualized Net Income for the quarter that ended in Mar. 2025 was RM-6.92 Mil. Zen Tech International Bhd's average total tangible assets for the quarter that ended in Mar. 2025 was RM73.64 Mil. Therefore, Zen Tech International Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was -9.40%.

The historical rank and industry rank for Zen Tech International Bhd's Return-on-Tangible-Asset or its related term are showing as below:

XKLS:0094' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -67.27   Med: -22.14   Max: 2.2
Current: -15.03

During the past 13 years, Zen Tech International Bhd's highest Return-on-Tangible-Asset was 2.20%. The lowest was -67.27%. And the median was -22.14%.

XKLS:0094's Return-on-Tangible-Asset is ranked worse than
64.71% of 867 companies
in the Medical Devices & Instruments industry
Industry Median: -1 vs XKLS:0094: -15.03

Zen Tech International Bhd Return-on-Tangible-Asset Historical Data

The historical data trend for Zen Tech International 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.

Zen Tech International Bhd Return-on-Tangible-Asset Chart

Zen Tech International Bhd Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jun22 Jun23 Jun24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.22 -67.27 -21.06 -41.25 -14.25

Zen Tech International Bhd Quarterly Data
Oct19 Apr20 Jul20 Oct20 Apr21 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 -4.43 -38.51 -8.00 -3.45 -9.40

Competitive Comparison of Zen Tech International Bhd's Return-on-Tangible-Asset

For the Medical Instruments & Supplies subindustry, Zen Tech International 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.


Zen Tech International Bhd's Return-on-Tangible-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zen Tech International Bhd's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Zen Tech International Bhd's Return-on-Tangible-Asset falls into.


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Zen Tech International Bhd Return-on-Tangible-Asset Calculation

Zen Tech International Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-10.281/( (69.636+74.677)/ 2 )
=-10.281/72.1565
=-14.25 %

Zen Tech International 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 )
=-6.924/( (72.223+75.062)/ 2 )
=-6.924/73.6425
=-9.40 %

* 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.


Zen Tech International Bhd  (XKLS:0094) 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.


Zen Tech International Bhd Return-on-Tangible-Asset Related Terms

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Zen Tech International Bhd Business Description

Traded in Other Exchanges
N/A
Address
53-6 The Boulevard, Mid Valley City, Unit No., Lingkaran Syed Putra, Kuala Lumpur, SGR, MYS, 59200
Zen Tech International Bhd is a is Malaysia-based investment holding company. The company and its subsidiaries are predominantly engaged in software development, system integration, IT management consulting, and other related professional services. segments, The company operates in three business segments namely, the E-Commerce, which comprises of software development and system integration solutions; the Gloves segment, which comprises the manufacturing of rubber gloves, and the Corporate segment, which comprises of investment holdings and other related services. Substantial portion of its overall revenue is generated from the Gloves segment and majority of its revenue is generated from the Malaysian market.

Zen Tech International Bhd Headlines

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