Jishan Bhd (XKLS:03040) Return-on-Tangible-Asset: 2.56% (As of Dec. 2025) — 57% Below Median

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.

XKLS:03040 Jishan Bhd XKLS:03040
30 GF Score
Price RM0.69
GF Value RM0.67
! 8 Warning Signs
View Full Analysis

What is Jishan Bhd Return-on-Tangible-Asset?

Jishan Bhd XKLS:03040 30 Return-on-Tangible-Asset is 2.56% as of Dec. 2025, which is 57% below its 10-year median of 6.00. GuruFocus rates XKLS:03040 with a GF Score™ of 30/100 and a GF Value™ of RM0.67. The stock has 8 warning signs investors should review.

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. Jishan Bhd's annualized Net Income for the quarter that ended in Dec. 2025 was RM4.7 Mil. Jishan Bhd's average total tangible assets for the quarter that ended in Dec. 2025 was RM183.1 Mil. Therefore, Jishan Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 2.56%.

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

XKLS:03040' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.62   Med: 6   Max: 8.08
Current: 3.64

During the past 6 years, Jishan Bhd's highest Return-on-Tangible-Asset was 8.08%. The lowest was 3.62%. And the median was 6.00%.

XKLS:03040's Return-on-Tangible-Asset is not ranked
in the Packaging & Containers industry.
Industry Median: 2.93 vs XKLS:03040: 3.64

Jishan Bhd  (XKLS:03040) 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.


Jishan Bhd Return-on-Tangible-Asset Related Terms


Jishan Bhd Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Jishan 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.

Jishan Bhd Return-on-Tangible-Asset Chart

Jishan Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial 8.08 6.55 4.63 6.00 3.62

Jishan Bhd Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.54 4.95 6.99 4.75 2.56

XKLS:03040 vs IP, SW, AMCR: Return-on-Tangible-Asset Comparison

For the Packaging & Containers subindustry, Jishan 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.


Jishan Bhd Return-on-Tangible-Asset vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Jishan Bhd's Return-on-Tangible-Asset distribution charts can be found below:

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


XKLS:03040
30GF Score
Jishan Bhd XKLS:03040
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jishan Bhd Return-on-Tangible-Asset Calculation

Jishan 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 )
=6.539/( (174.263+186.6)/ 2 )
=6.539/180.4315
=3.62 %

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=4.692/( (179.684+186.6)/ 2 )
=4.692/183.142
=2.56 %

* 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 two times the semi-annual (Dec. 2025) net income data.

What does a Return-on-Tangible-Asset of 2.56% mean?
Jishan Bhd (XKLS:03040) has a Return-on-Tangible-Asset of 2.56% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Jishan Bhd and its competitors. This is 57% below median its historical median of 6.00. Over the past decade, Jishan Bhd's Return-on-Tangible-Asset has ranged from 3.62 to 8.08.
Is Jishan Bhd's Return-on-Tangible-Asset too high?
Jishan Bhd's current Return-on-Tangible-Asset of 2.56% is 57% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.62 to a high of 8.08. The Packaging & Containers industry median Return-on-Tangible-Asset is 2.93. Jishan Bhd's value of 2.56% is 12.6% below this industry median. Overall, Jishan Bhd has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Jishan Bhd's Return-on-Tangible-Asset compare to IP and SW?
Jishan Bhd's Return-on-Tangible-Asset of 2.56% can be compared against companies in the Packaging & Containers industry. The industry median Return-on-Tangible-Asset is 2.93. Jishan Bhd's value of 2.56% is 12.6% below this benchmark. Historically, Jishan Bhd's own Return-on-Tangible-Asset has ranged from 3.62 to 8.08 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 2.93, Jishan Bhd has consistently been below the industry average. 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 Packaging & Containers company?
The median Return-on-Tangible-Asset among Packaging & Containers companies is 2.93, based on 401 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. Jishan Bhd's current Return-on-Tangible-Asset of 2.56% is 12.6% 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 Jishan Bhd and its competitors. For the Packaging & Containers industry, the median Return-on-Tangible-Asset is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jishan Bhd's current Return-on-Tangible-Asset is 2.56%, which is 57% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jishan Bhd stock overvalued right now?
Jishan Bhd (XKLS:03040) has a current Return-on-Tangible-Asset of 2.56%. The stock's GF Value™ is RM0.67, compared to a current price of RM0.69 — trading 3% above its estimated fair value. The current Return-on-Tangible-Asset is 2.56%, which is 57% below median its 10-year median of 6.00 and 12.6% below the Packaging & Containers industry median of 2.93. Jishan Bhd's overall GF Score™ is 30/100 with 8 warning signs to review. 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 Jishan Bhd (XKLS:03040), the current Return-on-Tangible-Asset is 2.56% as of Dec. 2025. 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.

Is Jishan Bhd (XKLS:03040) Overvalued in 2026?

Based on GuruFocus' analysis, Jishan Bhd stock appears to be overvalued. The current stock price of RM0.69 is trading 3% above its estimated GF Value™ of RM0.67.

Key valuation signals for XKLS:03040:

  • Return-on-Tangible-Asset: 2.56% (57% below median its 10-year median of 6.00)
  • GF Value™: RM0.67 vs. price of RM0.69 (3% above fair value)
  • GF Score™: 30/100 with 8 warning signs
  • Industry Position: 12.6% below the Packaging & Containers median

No single metric tells the full story. See the XKLS:03040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jishan Bhd Business Description

Address Jalan Bukit Panchor, Lot 20575, Nibong Tebal, PNG, MYS, 14300
Jishan Bhd is a packaging solution provider engaged in the manufacturing and trading of corrugated cartons and all kinds of paper and plastic packaging products. Its products include Paper Forming, Paper Packaging, Plastic Packaging, Ranpak - Protective Packaging, and Food Packaging. Geographically, the company derives a majority of its revenue from its customers in Malaysia and the rest from other regions.
30GF Score

Get the complete analysis for XKLS:03040

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.69
Price
RM0.67
GF Value