GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Poh Kong Holdings Bhd (XKLS:5080) » Definitions » Return-on-Tangible-Asset

Poh Kong Holdings Bhd (XKLS:5080) Return-on-Tangible-Asset : 10.28% (As of Jan. 2025)


View and export this data going back to 2004. Start your Free Trial

What is Poh Kong 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. Poh Kong Holdings Bhd's annualized Net Income for the quarter that ended in Jan. 2025 was RM118 Mil. Poh Kong Holdings Bhd's average total tangible assets for the quarter that ended in Jan. 2025 was RM1,151 Mil. Therefore, Poh Kong Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2025 was 10.28%.

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

XKLS:5080' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.49   Med: 3.57   Max: 11.18
Current: 10.78

During the past 13 years, Poh Kong Holdings Bhd's highest Return-on-Tangible-Asset was 11.18%. The lowest was 1.49%. And the median was 3.57%.

XKLS:5080's Return-on-Tangible-Asset is ranked better than
86.94% of 1126 companies
in the Retail - Cyclical industry
Industry Median: 2.39 vs XKLS:5080: 10.78

Poh Kong Holdings Bhd Return-on-Tangible-Asset Historical Data

The historical data trend for Poh Kong 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.

Poh Kong Holdings Bhd Return-on-Tangible-Asset Chart

Poh Kong Holdings Bhd Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.10 4.60 10.93 8.34 11.18

Poh Kong Holdings Bhd Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 10.44 17.31 8.06 7.77 10.28

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

For the Luxury Goods subindustry, Poh Kong 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.


Poh Kong Holdings Bhd's Return-on-Tangible-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Poh Kong Holdings Bhd's Return-on-Tangible-Asset distribution charts can be found below:

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


;
;

Poh Kong Holdings Bhd Return-on-Tangible-Asset Calculation

Poh Kong Holdings Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jul. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jul. 2024 )  (A: Jul. 2023 )(A: Jul. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jul. 2024 )  (A: Jul. 2023 )(A: Jul. 2024 )
=116.924/( (999.429+1091.339)/ 2 )
=116.924/1045.384
=11.18 %

Poh Kong Holdings Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jan. 2025 )  (Q: Oct. 2024 )(Q: Jan. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jan. 2025 )  (Q: Oct. 2024 )(Q: Jan. 2025 )
=118.4/( (1106.364+1196.471)/ 2 )
=118.4/1151.4175
=10.28 %

* 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 (Jan. 2025) net income data.


Poh Kong Holdings Bhd  (XKLS:5080) 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.


Poh Kong Holdings Bhd Return-on-Tangible-Asset Related Terms

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


Poh Kong Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 16-20, Jalan 52/4, Darul Ehsan, Petaling Jaya, SGR, MYS, 46200
Poh Kong Holdings Bhd is in the business of investment holding and the provision of management services. The company and its subsidiaries are engaged in manufacturing, trading, supplying, and retailing gold, gold-related jewelry, and gems. The company operates in two business segments which include Trading, Manufacturing, and others. The Trading segment involves the supply and retail of jewelry, precious stones, gold ornaments, and gold bullion. Its Manufacturing segment consists of jewelry dealers, precious stones, semi-precious stones, and gold ornaments.

Poh Kong Holdings Bhd Headlines

No Headlines