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Chin Hin Group Property Bhd (XKLS:7187) Return-on-Tangible-Asset : 3.62% (As of Mar. 2025)


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What is Chin Hin Group Property 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. Chin Hin Group Property Bhd's annualized Net Income for the quarter that ended in Mar. 2025 was RM47.0 Mil. Chin Hin Group Property Bhd's average total tangible assets for the quarter that ended in Mar. 2025 was RM1,297.8 Mil. Therefore, Chin Hin Group Property Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 3.62%.

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

XKLS:7187' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.37   Med: 1.58   Max: 4.92
Current: 2.21

During the past 13 years, Chin Hin Group Property Bhd's highest Return-on-Tangible-Asset was 4.92%. The lowest was -2.37%. And the median was 1.58%.

XKLS:7187's Return-on-Tangible-Asset is ranked worse than
56.8% of 1324 companies
in the Vehicles & Parts industry
Industry Median: 3.06 vs XKLS:7187: 2.21

Chin Hin Group Property Bhd Return-on-Tangible-Asset Historical Data

The historical data trend for Chin Hin Group Property 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.

Chin Hin Group Property Bhd Return-on-Tangible-Asset Chart

Chin Hin Group Property Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.56 4.06 1.42 3.49 2.23

Chin Hin Group Property 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 2.54 3.73 0.30 1.40 3.62

Competitive Comparison of Chin Hin Group Property Bhd's Return-on-Tangible-Asset

For the Auto Manufacturers subindustry, Chin Hin Group Property 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.


Chin Hin Group Property Bhd's Return-on-Tangible-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Chin Hin Group Property Bhd's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Chin Hin Group Property Bhd's Return-on-Tangible-Asset falls into.


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Chin Hin Group Property Bhd Return-on-Tangible-Asset Calculation

Chin Hin Group Property Bhd'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 )
=26.055/( (1209.309+1127.238)/ 2 )
=26.055/1168.2735
=2.23 %

Chin Hin Group Property 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 )
=46.956/( (1127.238+1468.262)/ 2 )
=46.956/1297.75
=3.62 %

* 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.


Chin Hin Group Property Bhd  (XKLS:7187) 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.


Chin Hin Group Property Bhd Return-on-Tangible-Asset Related Terms

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Chin Hin Group Property Bhd Business Description

Traded in Other Exchanges
N/A
Address
1177 Jalan Dato Keramat, Nibong Tebal, Seberang Perai Selatan, PNG, MYS, 14300
Chin Hin Group Property Bhd is an investment holding company. It has four reportable segments: Commercial vehicles and bodyworks: Manufacturing and trading of rebuilt and new commercial vehicles and the manufacture of body works and rental of commercial vehicles and provision of fleet management and other related services. Property development, Construction and Others. Geographically it derives all its revenue from Malaysia.

Chin Hin Group Property Bhd Headlines

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