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Land & General Bhd (XKLS:3174) Return-on-Tangible-Asset : 6.11% (As of Mar. 2025)


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What is Land & General 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. Land & General Bhd's annualized Net Income for the quarter that ended in Mar. 2025 was RM105.6 Mil. Land & General Bhd's average total tangible assets for the quarter that ended in Mar. 2025 was RM1,728.1 Mil. Therefore, Land & General Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 6.11%.

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

XKLS:3174' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.96   Med: 2.01   Max: 8.9
Current: 2.12

During the past 13 years, Land & General Bhd's highest Return-on-Tangible-Asset was 8.90%. The lowest was 0.96%. And the median was 2.01%.

XKLS:3174's Return-on-Tangible-Asset is ranked better than
57.1% of 1802 companies
in the Real Estate industry
Industry Median: 1.405 vs XKLS:3174: 2.12

Land & General Bhd Return-on-Tangible-Asset Historical Data

The historical data trend for Land & General 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.

Land & General Bhd Return-on-Tangible-Asset Chart

Land & General Bhd Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.90 1.21 1.63 1.38 2.11

Land & General Bhd Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 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 -0.69 0.96 0.51 0.86 6.11

Competitive Comparison of Land & General Bhd's Return-on-Tangible-Asset

For the Real Estate - Development subindustry, Land & General 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.


Land & General Bhd's Return-on-Tangible-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Land & General Bhd's Return-on-Tangible-Asset distribution charts can be found below:

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


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Land & General Bhd Return-on-Tangible-Asset Calculation

Land & General Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=36.366/( (1704.651+1740.109)/ 2 )
=36.366/1722.38
=2.11 %

Land & General 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 )
=105.564/( (1716.172+1740.109)/ 2 )
=105.564/1728.1405
=6.11 %

* 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.


Land & General Bhd  (XKLS:3174) 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.


Land & General Bhd Return-on-Tangible-Asset Related Terms

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Land & General Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Cempaka SD 12/5, 8trium, Level 21, Menara 1, Bandar Sri Damansara, Kuala Lumpur, SGR, MYS, 52200
Land & General Bhd is an investment holding, leasing of assets, and provision of management services. Its operating segment includes Property Development; Education; and Others. It generates maximum revenue from the Property development segment which engaged in the development of residential and commercial properties. The Education segment is engaged in the operation of co-education schooling from kindergarten to secondary education. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in Australia.

Land & General Bhd Headlines

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