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Nexg Bhd (XKLS:5216) Return-on-Tangible-Asset : 36.29% (As of Mar. 2025)


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What is Nexg 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. Nexg Bhd's annualized Net Income for the quarter that ended in Mar. 2025 was RM175.2 Mil. Nexg Bhd's average total tangible assets for the quarter that ended in Mar. 2025 was RM482.9 Mil. Therefore, Nexg Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 36.29%.

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

XKLS:5216' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.23   Med: 16.07   Max: 24.95
Current: 24.95

During the past 13 years, Nexg Bhd's highest Return-on-Tangible-Asset was 24.95%. The lowest was 2.23%. And the median was 16.07%.

XKLS:5216's Return-on-Tangible-Asset is ranked better than
98.98% of 2455 companies
in the Hardware industry
Industry Median: 2.49 vs XKLS:5216: 24.95

Nexg Bhd Return-on-Tangible-Asset Historical Data

The historical data trend for Nexg 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.

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Nexg Bhd Return-on-Tangible-Asset Chart

Nexg 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 2.23 3.03 18.22 20.00 24.18

Nexg 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 33.70 23.81 16.08 23.50 36.29

Competitive Comparison of Nexg Bhd's Return-on-Tangible-Asset

For the Computer Hardware subindustry, Nexg 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.


Nexg Bhd's Return-on-Tangible-Asset Distribution in the Hardware Industry

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

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


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Nexg Bhd Return-on-Tangible-Asset Calculation

Nexg 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 )
=115.549/( (465.228+490.353)/ 2 )
=115.549/477.7905
=24.18 %

Nexg 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 )
=175.232/( (475.382+490.353)/ 2 )
=175.232/482.8675
=36.29 %

* 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.


Nexg Bhd  (XKLS:5216) 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.


Nexg Bhd Return-on-Tangible-Asset Related Terms

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


Nexg Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
Bangunan Setia 1, Level 6, No. 15, Damansara Heights, Lorong Dungun, Kuala Lumpur, MYS, 50490
Nexg Bhd formerly Datasonic Group Bhd functions in the computer technology field. The company's segments include Customised smart card solutions (CSCS), Manufacturing (MA), and Investment Holding (IH). The CSCS segment is engaged in the provision of large-scale customized software and hardware systems for secure identification (ID), total smart card solutions, and information and communications technology (ICT) project management. The MA segment is engaged in the manufacturing of cards and booklets. The IH segment is engaged in investment holding and the provision of management services to the group of companies. The company derives maximum revenue from the CSCS segment.

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