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Meta Bright Group Bhd (XKLS:2097) Return-on-Tangible-Asset : 0.34% (As of Mar. 2025)


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What is Meta Bright Group 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. Meta Bright Group Bhd's annualized Net Income for the quarter that ended in Mar. 2025 was RM1.8 Mil. Meta Bright Group Bhd's average total tangible assets for the quarter that ended in Mar. 2025 was RM528.8 Mil. Therefore, Meta Bright Group Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 0.34%.

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

XKLS:2097' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.62   Med: 1.64   Max: 3.09
Current: 2.88

During the past 13 years, Meta Bright Group Bhd's highest Return-on-Tangible-Asset was 3.09%. The lowest was -4.62%. And the median was 1.64%.

XKLS:2097's Return-on-Tangible-Asset is ranked better than
53.52% of 839 companies
in the Travel & Leisure industry
Industry Median: 2.3 vs XKLS:2097: 2.88

Meta Bright Group Bhd Return-on-Tangible-Asset Historical Data

The historical data trend for Meta Bright Group 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.

Meta Bright Group Bhd Return-on-Tangible-Asset Chart

Meta Bright Group Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun22 Jun23 Jun24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.55 -4.62 1.58 3.09 2.58

Meta Bright Group Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Mar21 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 0.30 6.29 3.38 1.69 0.34

Competitive Comparison of Meta Bright Group Bhd's Return-on-Tangible-Asset

For the Lodging subindustry, Meta Bright Group 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.


Meta Bright Group Bhd's Return-on-Tangible-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Meta Bright Group Bhd's Return-on-Tangible-Asset distribution charts can be found below:

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


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Meta Bright Group Bhd Return-on-Tangible-Asset Calculation

Meta Bright Group 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 )
=10.622/( (319.403+505.432)/ 2 )
=10.622/412.4175
=2.58 %

Meta Bright Group 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 )
=1.788/( (527.841+529.751)/ 2 )
=1.788/528.796
=0.34 %

* 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.


Meta Bright Group Bhd  (XKLS:2097) 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.


Meta Bright Group Bhd Return-on-Tangible-Asset Related Terms

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Meta Bright Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lingkaran SV, Sunway Velocity, V06-07-03A, Signature 2, Wilayah Persekutuan, Kuala Lumpur, MYS, 55100
Meta Bright Group Bhd is a Malaysia-based investment holding company. The business activity of the firm is operated in Investment holding; Leasing and financing; Hospitality; Investment properties; Property development; Building materials and related services; and Energy divisions. It generates maximum revenue from the Building materials and related services segment which is involved in manufacturing and supplying ready-mixed concrete, quarry products, cement, and other building materials. Geographically, the company derives its maximum revenue from Malaysia and the rest from Australia.

Meta Bright Group Bhd Headlines

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