GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Concrete Engineering Products Bhd (XKLS:8435) » Definitions » Return-on-Tangible-Asset

Concrete Engineering Products Bhd (XKLS:8435) Return-on-Tangible-Asset : -8.94% (As of Feb. 2025)


View and export this data going back to 1992. Start your Free Trial

What is Concrete Engineering Products 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. Concrete Engineering Products Bhd's annualized Net Income for the quarter that ended in Feb. 2025 was RM-10.28 Mil. Concrete Engineering Products Bhd's average total tangible assets for the quarter that ended in Feb. 2025 was RM114.98 Mil. Therefore, Concrete Engineering Products Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2025 was -8.94%.

The historical rank and industry rank for Concrete Engineering Products Bhd's Return-on-Tangible-Asset or its related term are showing as below:

XKLS:8435' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -11.55   Med: -2.45   Max: 5.43
Current: -8.72

During the past 13 years, Concrete Engineering Products Bhd's highest Return-on-Tangible-Asset was 5.43%. The lowest was -11.55%. And the median was -2.45%.

XKLS:8435's Return-on-Tangible-Asset is ranked worse than
90.35% of 404 companies
in the Building Materials industry
Industry Median: 2.87 vs XKLS:8435: -8.72

Concrete Engineering Products Bhd Return-on-Tangible-Asset Historical Data

The historical data trend for Concrete Engineering Products 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.

Concrete Engineering Products Bhd Return-on-Tangible-Asset Chart

Concrete Engineering Products Bhd Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.13 -11.55 0.15 0.77 -3.50

Concrete Engineering Products Bhd Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 -2.41 -12.17 5.63 -19.73 -8.94

Competitive Comparison of Concrete Engineering Products Bhd's Return-on-Tangible-Asset

For the Building Materials subindustry, Concrete Engineering Products 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.


Concrete Engineering Products Bhd's Return-on-Tangible-Asset Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Concrete Engineering Products Bhd's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Concrete Engineering Products Bhd's Return-on-Tangible-Asset falls into.


;
;

Concrete Engineering Products Bhd Return-on-Tangible-Asset Calculation

Concrete Engineering Products Bhd's annualized Return-on-Tangible-Asset for the fiscal year that ended in Aug. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Aug. 2024 )  (A: Aug. 2023 )(A: Aug. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Aug. 2024 )  (A: Aug. 2023 )(A: Aug. 2024 )
=-4.615/( (136.757+126.694)/ 2 )
=-4.615/131.7255
=-3.50 %

Concrete Engineering Products Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2025 )  (Q: Nov. 2024 )(Q: Feb. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2025 )  (Q: Nov. 2024 )(Q: Feb. 2025 )
=-10.276/( (116.26+113.691)/ 2 )
=-10.276/114.9755
=-8.94 %

* 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 (Feb. 2025) net income data.


Concrete Engineering Products Bhd  (XKLS:8435) 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.


Concrete Engineering Products Bhd Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Concrete Engineering Products Bhd's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Concrete Engineering Products Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Sultan Ismail, 22nd Floor Menara Promet KH, Kuala Lumpur, SGR, MYS, 50250
Concrete Engineering Products Bhd is principally engaged in the manufacturing and distribution of prestressed spun concrete piles and poles. These piles are used for foundation piles for buildings, pile embankments, bridges, ports, and marine structures, and the poles are used for telecommunication lines, electric power transmission and distribution lines, traffic signal equipment, and street lighting. Geographically, it derives a majority of its revenue from Malaysia and it also operates in Southeast Asia.

Concrete Engineering Products Bhd Headlines

No Headlines