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CN Asia BhdXKLS:7986 Return-on-Tangible-Asset is -106.41% as of Sep. 2025. The stock has 7 warning signs investors should review. Among 3,076 Industrial Products companies, CN Asia Bhd ranks worse than 94.05% 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. CN Asia Bhd's annualizedNet Income for the quarter that ended in Sep. 2025 was RM-48.74 Mil. CN Asia Bhd's average total tangible assets for the quarter that ended in Sep. 2025 was RM45.81 Mil. Therefore, CN Asia Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was -106.41%.
The historical rank and industry rank for CN Asia Bhd's Return-on-Tangible-Asset or its related term are showing as below:
XKLS:7986'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -22.89 Med: -10.59 Max: 55.45
Current: -22.89
During the past 13 years, CN Asia Bhd's highest Return-on-Tangible-Asset was 55.45%. The lowest was -22.89%. And the median was -10.59%.
XKLS:7986's Return-on-Tangible-Asset is ranked worse than 94.05% of 3076
companies
in the Industrial Products industry
Industry Median: 3.26
vs XKLS:7986: -22.89
CN Asia Bhd (XKLS:7986) 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.
CN Asia Bhd Return-on-Tangible-Asset Related Terms
CN Asia Bhd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CN Asia 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.
XKLS:7986 vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, CN Asia 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.
CN Asia Bhd Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, CN Asia Bhd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CN Asia 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 four times the quarterly (Sep. 2025) net income data.
What does a Return-on-Tangible-Asset of -106.41% mean?
CN Asia Bhd (XKLS:7986) has a Return-on-Tangible-Asset of -106.41% as of Sep. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on CN Asia Bhd and its competitors. According to the industry distribution chart, CN Asia Bhd ranks #2893 out of 3076 companies in the Industrial Products industry, placing it in the top 94.1%.
Is CN Asia Bhd's Return-on-Tangible-Asset too high?
CN Asia Bhd's current Return-on-Tangible-Asset is -106.41%. Based on the distribution chart, CN Asia Bhd ranks #2893 out of 3076 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does CN Asia Bhd's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, CN Asia Bhd ranks #2893 out of 3076 companies for Return-on-Tangible-Asset. This places CN Asia Bhd in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.26. 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,076 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. 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 CN Asia Bhd and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CN Asia Bhd's current Return-on-Tangible-Asset is -106.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CN Asia Bhd stock overvalued right now?
Based on GuruFocus' analysis, CN Asia Bhd (XKLS:7986) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.23, compared to a current price of RM0.07 — trading 71.7% below its estimated fair value. The current Return-on-Tangible-Asset is -106.41%. 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 CN Asia Bhd (XKLS:7986), the current Return-on-Tangible-Asset is -106.41% as of Sep. 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.
CN Asia Corp Bhd is an investment holding company. Along with its subsidiaries, it is principally involved in the manufacturing and trading of underground and skid tanks, dish ends, pressure vessels, road tankers, pipings for the petroleum industry, specialised engineering and fabrication works, and operating as sub-contractors for civil engineering works. The group's operating business segments are: Manufacturing, Investment, Financial Services, and Energy Management. The majority of its revenue is generated from the Manufacturing segment, which manufactures tanks and other related products, and is involved in engineering and fabrication works. Geographically, the group generates maximum revenue from Malaysia, followed by Hong Kong, Singapore, Brunei, and the Philippines.
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