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Steel Hawk Bhd (XKLS:0320) Return-on-Tangible-Asset : 33.66% (As of Mar. 2025)


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What is Steel Hawk 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. Steel Hawk Bhd's annualized Net Income for the quarter that ended in Mar. 2025 was RM32.7 Mil. Steel Hawk Bhd's average total tangible assets for the quarter that ended in Mar. 2025 was RM97.1 Mil. Therefore, Steel Hawk Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 33.66%.

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

XKLS:0320' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.39   Med: 17.27   Max: 28.71
Current: 20.54

During the past 6 years, Steel Hawk Bhd's highest Return-on-Tangible-Asset was 28.71%. The lowest was 4.39%. And the median was 17.27%.

XKLS:0320's Return-on-Tangible-Asset is ranked better than
95.48% of 1063 companies
in the Oil & Gas industry
Industry Median: 2.19 vs XKLS:0320: 20.54

Steel Hawk Bhd Return-on-Tangible-Asset Historical Data

The historical data trend for Steel Hawk 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.

Steel Hawk Bhd Return-on-Tangible-Asset Chart

Steel Hawk Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial 28.71 15.82 19.87 15.36 18.71

Steel Hawk Bhd Quarterly Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 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 25.03 17.20 15.34 17.62 33.66

Competitive Comparison of Steel Hawk Bhd's Return-on-Tangible-Asset

For the Oil & Gas Midstream subindustry, Steel Hawk 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.


Steel Hawk Bhd's Return-on-Tangible-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Steel Hawk Bhd's Return-on-Tangible-Asset distribution charts can be found below:

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


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Steel Hawk Bhd Return-on-Tangible-Asset Calculation

Steel Hawk 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 )
=12.652/( (51.687+83.588)/ 2 )
=12.652/67.6375
=18.71 %

Steel Hawk 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 )
=32.68/( (83.588+110.604)/ 2 )
=32.68/97.096
=33.66 %

* 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.


Steel Hawk Bhd  (XKLS:0320) 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.


Steel Hawk Bhd Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Steel Hawk Bhd's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Steel Hawk Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan PJU 1/37, Block H, 23-2 & 25-2, Dataran Prima, Petaling Jaya, SGR, MYS, 47301
Steel Hawk Bhd is engaged in providing technical and engineering support services in the Oil and Gas Industry in Malaysia. It specializes in the installation, repair, refurbishment and replacement, and supply of oilfield equipment such as pig trap systems, fire-rated doors, or oil spill recovery equipment in topside oil and gas facilities. The company is also involved in providing engineering, procurement, construction, and commissioning (EPCC) services for chemical injection skids and maintenance of topside oil and gas facilities. Its reportable segments are the I&M of oilfield equipment, Supply of oilfield equipment, and EPCC services and facilities improvement and maintenance, which generate maximum revenue. Geographically, it derives key revenue from its customers within Malaysia.

Steel Hawk Bhd Headlines

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