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Cabnet Holdings Bhd (XKLS:0191) Return-on-Tangible-Asset : -0.84% (As of Feb. 2025)


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What is Cabnet Holdings 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. Cabnet Holdings Bhd's annualized Net Income for the quarter that ended in Feb. 2025 was RM-1.0 Mil. Cabnet Holdings Bhd's average total tangible assets for the quarter that ended in Feb. 2025 was RM118.2 Mil. Therefore, Cabnet Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2025 was -0.84%.

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

XKLS:0191' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.4   Med: 5.99   Max: 20.69
Current: 1.86

During the past 10 years, Cabnet Holdings Bhd's highest Return-on-Tangible-Asset was 20.69%. The lowest was -6.40%. And the median was 5.99%.

XKLS:0191's Return-on-Tangible-Asset is ranked worse than
57.69% of 1742 companies
in the Construction industry
Industry Median: 2.68 vs XKLS:0191: 1.86

Cabnet Holdings Bhd Return-on-Tangible-Asset Historical Data

The historical data trend for Cabnet 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.

* Premium members only.

Cabnet Holdings Bhd Return-on-Tangible-Asset Chart

Cabnet Holdings Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Feb24 Feb25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.64 -6.40 1.55 3.27 1.87

Cabnet Holdings Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 1.44 4.03 0.97 3.11 -0.84

Competitive Comparison of Cabnet Holdings Bhd's Return-on-Tangible-Asset

For the Engineering & Construction subindustry, Cabnet 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.


Cabnet Holdings Bhd's Return-on-Tangible-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Cabnet Holdings Bhd's Return-on-Tangible-Asset distribution charts can be found below:

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


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Cabnet Holdings Bhd Return-on-Tangible-Asset Calculation

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Feb. 2025 )  (A: Feb. 2024 )(A: Feb. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Feb. 2025 )  (A: Feb. 2024 )(A: Feb. 2025 )
=2.308/( (127.595+119.102)/ 2 )
=2.308/123.3485
=1.87 %

Cabnet Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2025 )  (Q: Nov. 2024 )(Q: Feb. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2025 )  (Q: Nov. 2024 )(Q: Feb. 2025 )
=-0.996/( (117.312+119.102)/ 2 )
=-0.996/118.207
=-0.84 %

* 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 (Feb. 2025) net income data.


Cabnet Holdings Bhd  (XKLS:0191) 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.


Cabnet Holdings Bhd Return-on-Tangible-Asset Related Terms

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Cabnet Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 18 (PLO 184) Jalan Angkasa Mas 6, Kawasan Perindustrian Tebrau II, Johor Bahru, MYS, 81100
Cabnet Holdings Bhd is a company principally involved in the provision of building management solutions. The company is engaged in the provision of mechanical works, electrical works, Structured Cabling works; ELV Systems, and Information Technology Services. Structured Cabling includes Network System Design and Installation; Cable Testing, Labelling, and Certification; Fiber Optics Installation and Termination and Professional Cable Installation and Termination. ELV Systems includes an Access Control System; CCTV System; Cabinet Integrated Security Solution; Intercom System; SMATV/MATV, and PA System. The IT Services include Server Virtualization; Data Centre Solutions; Enterprise Messaging solutions and others.

Cabnet Holdings Bhd Headlines

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