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Dynafront Holdings Bhd (XKLS:03046) Return-on-Tangible-Asset : 8.39% (As of Dec. 2024)


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What is Dynafront 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. Dynafront Holdings Bhd's annualized Net Income for the quarter that ended in Dec. 2024 was RM1.96 Mil. Dynafront Holdings Bhd's average total tangible assets for the quarter that ended in Dec. 2024 was RM23.40 Mil. Therefore, Dynafront Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 8.39%.

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

XKLS:03046' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.43   Med: 8.53   Max: 12.67
Current: 7.68

During the past 6 years, Dynafront Holdings Bhd's highest Return-on-Tangible-Asset was 12.67%. The lowest was 4.43%. And the median was 8.53%.

XKLS:03046's Return-on-Tangible-Asset is not ranked
in the Software industry.
Industry Median: 1.88 vs XKLS:03046: 7.68

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

The historical data trend for Dynafront 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.

Dynafront Holdings Bhd Return-on-Tangible-Asset Chart

Dynafront Holdings Bhd Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Asset
Get a 7-Day Free Trial 9.27 4.43 9.89 12.67 7.79

Dynafront Holdings Bhd Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.70 10.88 8.96 6.87 8.39

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

For the Software - Application subindustry, Dynafront 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.


Dynafront Holdings Bhd's Return-on-Tangible-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Dynafront Holdings Bhd's Return-on-Tangible-Asset distribution charts can be found below:

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


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Dynafront Holdings Bhd Return-on-Tangible-Asset Calculation

Dynafront Holdings 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 )
=1.807/( (22.724+23.672)/ 2 )
=1.807/23.198
=7.79 %

Dynafront Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=1.962/( (23.672+23.123)/ 2 )
=1.962/23.3975
=8.39 %

* 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. 2024) net income data.


Dynafront Holdings Bhd  (XKLS:03046) 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.


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

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Dynafront Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
338 Jalan Tun Razak, Block C, C-8-1, 8th Floor, Corporate Office Tower, KL Trillion, Wilayah Persekutuan, Kuala Lumpur, MYS, 50400
Dynafront Holdings Bhd is a life insurance software solutions provider. It is principally involved in the provision of proprietary software, managed services as well as other technology solutions and consulting services for life insurance companies, Takaful operators, as well as independent corporate life insurance agencies. Geographically, the company derives its maximum revenue from its customers in Indonesia followed by Malaysia, Thailand, Philippines, and Hong Kong.

Dynafront Holdings Bhd Headlines

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