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Prolintas Infra Business Trust (XKLS:5320) Return-on-Tangible-Asset : 1.56% (As of Mar. 2025)


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What is Prolintas Infra Business Trust 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. Prolintas Infra Business Trust's annualized Net Income for the quarter that ended in Mar. 2025 was RM14.2 Mil. Prolintas Infra Business Trust's average total tangible assets for the quarter that ended in Mar. 2025 was RM911.9 Mil. Therefore, Prolintas Infra Business Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 1.56%.

The historical rank and industry rank for Prolintas Infra Business Trust's Return-on-Tangible-Asset or its related term are showing as below:

XKLS:5320' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.84   Med: 0.74   Max: 10.31
Current: 3.8

During the past 5 years, Prolintas Infra Business Trust's highest Return-on-Tangible-Asset was 10.31%. The lowest was -5.84%. And the median was 0.74%.

XKLS:5320's Return-on-Tangible-Asset is ranked better than
58.46% of 1738 companies
in the Construction industry
Industry Median: 2.695 vs XKLS:5320: 3.80

Prolintas Infra Business Trust Return-on-Tangible-Asset Historical Data

The historical data trend for Prolintas Infra Business Trust'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.

Prolintas Infra Business Trust Return-on-Tangible-Asset Chart

Prolintas Infra Business Trust Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
0.74 10.31 -0.80 -5.84 2.31

Prolintas Infra Business Trust Quarterly Data
Dec20 Dec21 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 0.98 2.58 7.64 3.69 1.56

Competitive Comparison of Prolintas Infra Business Trust's Return-on-Tangible-Asset

For the Infrastructure Operations subindustry, Prolintas Infra Business Trust'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.


Prolintas Infra Business Trust's Return-on-Tangible-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Prolintas Infra Business Trust's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Prolintas Infra Business Trust's Return-on-Tangible-Asset falls into.


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Prolintas Infra Business Trust Return-on-Tangible-Asset Calculation

Prolintas Infra Business Trust'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 )
=26.567/( (1106.778+1191.615)/ 2 )
=26.567/1149.1965
=2.31 %

Prolintas Infra Business Trust'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 )
=14.248/( (1191.615+632.148)/ 2 )
=14.248/911.8815
=1.56 %

* 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.


Prolintas Infra Business Trust  (XKLS:5320) 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.


Prolintas Infra Business Trust Return-on-Tangible-Asset Related Terms

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Prolintas Infra Business Trust Business Description

Traded in Other Exchanges
N/A
Address
201-A, Jalan Tun Razak, 12th Floor, Menara PNB, Wilayah Persekutuan, Kuala Lumpur, MYS, 50400
Prolintas Infra Business Trust, through its subsidiaries, is predominantly involved in the toll collection, construction, operation, and maintenance of the Highways. Its objective is to deliver stable and sustainable distributions to its unitholders by optimising the cash flows generated from its portfolio of matured highway assets. The trust group manages several highways in Malaysia, including Ampang-Kuala Lumpur Elevated Highway (AKLEH), Guthrie Corridor Expressway (GCE), Lebuhraya Kemuning-Shah Alam (LKSA), and Sistem Lingkaran Lebuhraya Kajang (SILK). In addition, it develops and provides ancillary facilities that complement the highways' operations to enhance the experience and convenience of road users.

Prolintas Infra Business Trust Headlines

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