Asia Poly Holdings Bhd (XKLS:0105) Return-on-Tangible-Asset: 0.56% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Asia Poly Holdings Bhd Return-on-Tangible-Asset?

Asia Poly Holdings Bhd XKLS:0105 Return-on-Tangible-Asset is 0.56% as of Mar. 2026. The stock has 6 warning signs investors should review. Among 1,612 Chemicals companies, Asia Poly Holdings Bhd ranks worse than 67.8% on this metric.

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. Asia Poly Holdings Bhd's annualized Net Income for the quarter that ended in Mar. 2026 was RM1.12 Mil. Asia Poly Holdings Bhd's average total tangible assets for the quarter that ended in Mar. 2026 was RM199.81 Mil. Therefore, Asia Poly Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.56%.

The historical rank and industry rank for Asia Poly Holdings Bhd's Return-on-Tangible-Asset or its related term are showing as below:

XKLS:0105' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.25   Med: -3.16   Max: 10.44
Current: 0.61

During the past 13 years, Asia Poly Holdings Bhd's highest Return-on-Tangible-Asset was 10.44%. The lowest was -5.25%. And the median was -3.16%.

XKLS:0105's Return-on-Tangible-Asset is ranked worse than
67.8% of 1612 companies
in the Chemicals industry
Industry Median: 3.075 vs XKLS:0105: 0.61

Asia Poly Holdings Bhd  (XKLS:0105) 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.


Asia Poly Holdings Bhd Return-on-Tangible-Asset Related Terms


Asia Poly Holdings Bhd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Asia Poly Holdings 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.

Asia Poly Holdings Bhd Return-on-Tangible-Asset Chart

Asia Poly Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.67 -4.24 -4.30 -5.25 0.40

Asia Poly Holdings Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.23 -1.64 0.74 2.78 0.56

XKLS:0105 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison

For the Specialty Chemicals subindustry, Asia Poly Holdings 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.


Asia Poly Holdings Bhd Return-on-Tangible-Asset vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asia Poly Holdings Bhd's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Asia Poly Holdings Bhd's Return-on-Tangible-Asset falls into.



Asia Poly Holdings Bhd Return-on-Tangible-Asset Calculation

Asia Poly Holdings Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=0.819/( (206.268+201.869)/ 2 )
=0.819/204.0685
=0.40 %

Asia Poly Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1.116/( (201.869+197.754)/ 2 )
=1.116/199.8115
=0.56 %

* 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. 2026) net income data.

What does a Return-on-Tangible-Asset of 0.56% mean?
Asia Poly Holdings Bhd (XKLS:0105) has a Return-on-Tangible-Asset of 0.56% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Asia Poly Holdings Bhd and its competitors. According to the industry distribution chart, Asia Poly Holdings Bhd ranks #1093 out of 1612 companies in the Chemicals industry, placing it in the top 67.8%.
Is Asia Poly Holdings Bhd's Return-on-Tangible-Asset too high?
Asia Poly Holdings Bhd's current Return-on-Tangible-Asset is 0.56%. The Chemicals industry median Return-on-Tangible-Asset is 3.08. Asia Poly Holdings Bhd's value of 0.56% is 81.8% below this industry median. Based on the distribution chart, Asia Poly Holdings Bhd ranks #1093 out of 1612 companies in the Chemicals industry, which is below the industry midpoint.
How does Asia Poly Holdings Bhd's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Asia Poly Holdings Bhd ranks #1093 out of 1612 companies for Return-on-Tangible-Asset. This places Asia Poly Holdings Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.08. Asia Poly Holdings Bhd's value of 0.56% is 81.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.08, based on 1,612 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asia Poly Holdings Bhd's current Return-on-Tangible-Asset of 0.56% is 81.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Asia Poly Holdings Bhd and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Poly Holdings Bhd's current Return-on-Tangible-Asset is 0.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Poly Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Asia Poly Holdings Bhd (XKLS:0105) is currently considered Fairly Valued. The stock's GF Value™ is RM0.07, compared to a current price of RM0.07 — trading right at its estimated fair value. The current Return-on-Tangible-Asset is 0.56% and 81.8% below the Chemicals industry median of 3.08. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Asia Poly Holdings Bhd (XKLS:0105), the current Return-on-Tangible-Asset is 0.56% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Asia Poly Holdings Bhd Business Description

Address Jalan PJU 1A/7A Ara Damansara, PJU 1A, E-G-3A, Block E, Oasis Square No.2, Selangor Darul Ehsan, Petaling Jaya, SGR, MYS, 47301
Asia Poly Holdings Bhd is engaged in the business of investment holding. Through its subsidiary, it is engaged in the manufacturing and selling of acrylic products (acrylic sheets and acrylic blocks) in various types and sizes. It manufactures a wide range of cast acrylic sheet products, which are available in various specifications such as clear, tinted, opaque, and fluorescent. Its segments are Investment holdings, including Investment holding company; Manufacturing consists of Manufacturing of cast acrylic products; Property development provides Property development; Renewable energy offers Renewable energy from biogas plant; and Others - Others not reported in the above segments. Geographically, it operates in Malaysia, Europe, India, the Middle East, the United States, and Others.