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Mclean Technologies Bhd (XKLS:0167) Return-on-Tangible-Asset : 20.08% (As of Mar. 2025)


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What is Mclean Technologies 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. Mclean Technologies Bhd's annualized Net Income for the quarter that ended in Mar. 2025 was RM12.21 Mil. Mclean Technologies Bhd's average total tangible assets for the quarter that ended in Mar. 2025 was RM60.80 Mil. Therefore, Mclean Technologies Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 20.08%.

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

XKLS:0167' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -14.55   Med: -4.81   Max: 17.36
Current: 17.36

During the past 13 years, Mclean Technologies Bhd's highest Return-on-Tangible-Asset was 17.36%. The lowest was -14.55%. And the median was -4.81%.

XKLS:0167's Return-on-Tangible-Asset is ranked better than
91.31% of 1082 companies
in the Business Services industry
Industry Median: 3.69 vs XKLS:0167: 17.36

Mclean Technologies Bhd Return-on-Tangible-Asset Historical Data

The historical data trend for Mclean Technologies 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.

Mclean Technologies Bhd Return-on-Tangible-Asset Chart

Mclean Technologies Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.21 -14.55 -5.95 -9.33 13.09

Mclean Technologies Bhd Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 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 2.20 9.17 9.53 29.52 20.08

Competitive Comparison of Mclean Technologies Bhd's Return-on-Tangible-Asset

For the Specialty Business Services subindustry, Mclean Technologies 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.


Mclean Technologies Bhd's Return-on-Tangible-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mclean Technologies Bhd's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Mclean Technologies Bhd's Return-on-Tangible-Asset falls into.


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Mclean Technologies Bhd Return-on-Tangible-Asset Calculation

Mclean Technologies Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=6.24/( (42.96+52.381)/ 2 )
=6.24/47.6705
=13.09 %

Mclean Technologies 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 )
=12.212/( (52.381+69.226)/ 2 )
=12.212/60.8035
=20.08 %

* 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.


Mclean Technologies Bhd  (XKLS:0167) 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.


Mclean Technologies Bhd Return-on-Tangible-Asset Related Terms

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Mclean Technologies Bhd Business Description

Traded in Other Exchanges
N/A
Address
No.1, Medan Syed Putra Utara, B-21-1, Level 21, Tower B, Northpoint Mid Valley City, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
Mclean Technologies Bhd is an investment holding company operating through its subsidiaries. It specializes in surface finishing for metal parts used in electrical and electronic industries, along with precision cleaning and cleanroom assembly services. The company has two main segments: Surface Treatment and Precision Cleaning, and Other. The Surface Treatment and Precision Cleaning segment, which generates the bulk of its revenue, focuses on services for the hard disk drive and consumer electronics industries. Geographically, Mclean operates in Malaysia, Singapore, China, and other international markets. Revenue of the company represents invoiced sales to customers for precision cleaning of plastic and metal components, clean bulk packing services, surface treatments.

Mclean Technologies Bhd Headlines

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