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ATTA Global Group Bhd (XKLS:7099PA.PFD) Return-on-Tangible-Asset : -1.06% (As of Mar. 2025)


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What is ATTA Global Group 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. ATTA Global Group Bhd's annualized Net Income for the quarter that ended in Mar. 2025 was RM-5.01 Mil. ATTA Global Group Bhd's average total tangible assets for the quarter that ended in Mar. 2025 was RM471.85 Mil. Therefore, ATTA Global Group Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was -1.06%.

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

XKLS:7099PA.PFD' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.49   Med: 2.07   Max: 10.79
Current: 2.38

During the past 13 years, ATTA Global Group Bhd's highest Return-on-Tangible-Asset was 10.79%. The lowest was -1.49%. And the median was 2.07%.

XKLS:7099PA.PFD's Return-on-Tangible-Asset is ranked worse than
57.79% of 3025 companies
in the Industrial Products industry
Industry Median: 3.29 vs XKLS:7099PA.PFD: 2.38

ATTA Global Group Bhd Return-on-Tangible-Asset Historical Data

The historical data trend for ATTA Global Group 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.

ATTA Global Group Bhd Return-on-Tangible-Asset Chart

ATTA Global Group Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.63 -0.03 0.17 3.28 3.29

ATTA Global Group Bhd Quarterly Data
Dec19 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 5.32 9.10 1.43 0.35 -1.06

Competitive Comparison of ATTA Global Group Bhd's Return-on-Tangible-Asset

For the Metal Fabrication subindustry, ATTA Global Group 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.


ATTA Global Group Bhd's Return-on-Tangible-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ATTA Global Group Bhd's Return-on-Tangible-Asset distribution charts can be found below:

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


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ATTA Global Group Bhd Return-on-Tangible-Asset Calculation

ATTA Global Group Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=14.753/( (450.156+446.816)/ 2 )
=14.753/448.486
=3.29 %

ATTA Global Group 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 )
=-5.008/( (469.115+474.582)/ 2 )
=-5.008/471.8485
=-1.06 %

* 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.


ATTA Global Group Bhd  (XKLS:7099PA.PFD) 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.


ATTA Global Group Bhd Return-on-Tangible-Asset Related Terms

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ATTA Global Group Bhd Business Description

Traded in Other Exchanges
Address
No. 17, Jalan Perusahaan Sungai Lokan 3, Taman Industri Sungai Lokan, Butterworth, Pulau Pinang, Seberang Perai, PNG, MYS, 13800
Mayu Global Group Bhd is an investment holding company. It is involved in the process of steel coil, tube, strapping, steel furniture, metal roofing, floor decking, perforated metal and the industrial recycling of scrap metal. The company's operating segment includes Manufacturing; Trading; Property Development and Others. It generates maximum revenue from the Manufacturing segment. Geographically, it derives a majority of its revenue from Malaysia.

ATTA Global Group Bhd Headlines

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