Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
SkyeChip BhdXKLS:5357 +7.62%22 Return-on-Tangible-Asset is 34.24% as of Mar. 2025, which is 19% below its 10-year median of 42.49. GuruFocus rates XKLS:5357 with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 1,029 Semiconductors companies, SkyeChip Bhd ranks better than 98.25% on this metric.
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. SkyeChip Bhd's annualizedNet Income for the quarter that ended in Mar. 2025 was RM35.9 Mil. SkyeChip Bhd's average total tangible assets for the quarter that ended in Mar. 2025 was RM105.0 Mil. Therefore, SkyeChip Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 34.24%.
The historical rank and industry rank for SkyeChip Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:5357'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 34.24 Med: 42.49 Max: 45
Current: 34.24
During the past 3 years, SkyeChip Bhd's highest Return-on-Tangible-Asset was 45.00%. The lowest was 34.24%. And the median was 42.49%.
XKLS:5357's Return-on-Tangible-Asset is ranked better than 98.25% of 1029
companies
in the Semiconductors industry
Industry Median: 2.84
vs XKLS:5357: 34.24
SkyeChip Bhd (XKLS:5357) 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 companys 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 companys 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.
SkyeChip Bhd Return-on-Tangible-Asset Related Terms
SkyeChip Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for SkyeChip 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.
SkyeChip Bhd Return-on-Tangible-Asset Chart
SkyeChip Bhd Annual Data
Trend
Mar23
Mar24
Mar25
Return-on-Tangible-Asset
42.49
45.00
34.24
SkyeChip Bhd Semi-Annual Data
Mar23
Mar24
Mar25
Return-on-Tangible-Asset
42.49
45.00
34.24
XKLS:5357 vs NVDA, AVGO, MU: Return-on-Tangible-Asset Comparison
For the Semiconductors subindustry, SkyeChip 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.
SkyeChip Bhd Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, SkyeChip Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where SkyeChip Bhd's Return-on-Tangible-Asset falls into.
* 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 one times the annual (Mar. 2025) net income data.
What does a Return-on-Tangible-Asset of 34.24% mean?
SkyeChip Bhd (XKLS:5357) has a Return-on-Tangible-Asset of 34.24% as of Mar. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on SkyeChip Bhd and its competitors. This is 19% below median its historical median of 42.49. Over the past decade, SkyeChip Bhd's Return-on-Tangible-Asset has ranged from 34.24 to 45.00. According to the industry distribution chart, SkyeChip Bhd ranks #18 out of 1029 companies in the Semiconductors industry, placing it in the top 1.7%.
Is SkyeChip Bhd's Return-on-Tangible-Asset too high?
SkyeChip Bhd's current Return-on-Tangible-Asset of 34.24% is 19% below median its 10-year median of 42.49. Over the past 10 years, this metric has ranged from a low of 34.24 to a high of 45.00. The Semiconductors industry median Return-on-Tangible-Asset is 2.84. SkyeChip Bhd's value of 34.24% is 1105.6% above this industry median. Based on the distribution chart, SkyeChip Bhd ranks #18 out of 1029 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, SkyeChip Bhd has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does SkyeChip Bhd's Return-on-Tangible-Asset compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, SkyeChip Bhd ranks #18 out of 1029 companies for Return-on-Tangible-Asset. This places SkyeChip Bhd in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.84. SkyeChip Bhd's value of 34.24% is 1105.6% above this benchmark. Historically, SkyeChip Bhd's own Return-on-Tangible-Asset has ranged from 34.24 to 45.00 over the past decade. While the company's 10-year median is 42.49 vs. the industry median of 2.84, SkyeChip Bhd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.84, based on 1,029 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SkyeChip Bhd's current Return-on-Tangible-Asset of 34.24% is 1105.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on SkyeChip Bhd and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SkyeChip Bhd's current Return-on-Tangible-Asset is 34.24%, which is 19% below median its own 10-year median of 42.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SkyeChip Bhd stock overvalued right now?
SkyeChip Bhd (XKLS:5357) has a current Return-on-Tangible-Asset of 34.24%. The current Return-on-Tangible-Asset is 34.24%, which is 19% below median its 10-year median of 42.49 and 1105.6% above the Semiconductors industry median of 2.84. SkyeChip Bhd's overall GF Score™ is 22/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For SkyeChip Bhd (XKLS:5357), the current Return-on-Tangible-Asset is 34.24% as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
SkyeChip Bhd is principally involved in IC design specialising in silicon IPs and silicon products including custom ASIC. It provides licensable silicon IPs to the customers to integrate into their IC products. The company also designs and develops custom ASIC products tailored to meet specific customer requirements, delivering semiconductor chips that are optimised for a specific application rather than for general-purpose use. The company has only one reportable business segment which relates principally to the provision of semiconductor intellectual property, integrated circuit manufacturing, software design and development and engineering consultation. Its geographical segments include Malaysia and Singapore, with the majority of revenue generated from Malaysia.
22GF Score
Get the complete analysis for XKLS:5357
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:5357 has been successfully added to your 
