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PT Maja Agung Latexindo Tbk (ISX:SURI) Return-on-Tangible-Equity : 0.50% (As of Mar. 2025)


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What is PT Maja Agung Latexindo Tbk Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. PT Maja Agung Latexindo Tbk's annualized net income for the quarter that ended in Mar. 2025 was Rp1,681 Mil. PT Maja Agung Latexindo Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2025 was Rp339,279 Mil. Therefore, PT Maja Agung Latexindo Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 0.50%.

The historical rank and industry rank for PT Maja Agung Latexindo Tbk's Return-on-Tangible-Equity or its related term are showing as below:

ISX:SURI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.14   Med: 10.4   Max: 43.14
Current: -1.05

During the past 5 years, PT Maja Agung Latexindo Tbk's highest Return-on-Tangible-Equity was 43.14%. The lowest was -1.14%. And the median was 10.40%.

ISX:SURI's Return-on-Tangible-Equity is ranked worse than
55.66% of 760 companies
in the Medical Devices & Instruments industry
Industry Median: 2.435 vs ISX:SURI: -1.05

PT Maja Agung Latexindo Tbk Return-on-Tangible-Equity Historical Data

The historical data trend for PT Maja Agung Latexindo Tbk's Return-on-Tangible-Equity 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.

PT Maja Agung Latexindo Tbk Return-on-Tangible-Equity Chart

PT Maja Agung Latexindo Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
43.14 33.02 10.40 2.45 -1.14

PT Maja Agung Latexindo Tbk Quarterly Data
Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.31 0.37 -5.38 0.50

Competitive Comparison of PT Maja Agung Latexindo Tbk's Return-on-Tangible-Equity

For the Medical Instruments & Supplies subindustry, PT Maja Agung Latexindo Tbk's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


PT Maja Agung Latexindo Tbk's Return-on-Tangible-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, PT Maja Agung Latexindo Tbk's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PT Maja Agung Latexindo Tbk's Return-on-Tangible-Equity falls into.


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PT Maja Agung Latexindo Tbk Return-on-Tangible-Equity Calculation

PT Maja Agung Latexindo Tbk's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-3873.515/( (342472.8+339068.679 )/ 2 )
=-3873.515/340770.7395
=-1.14 %

PT Maja Agung Latexindo Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=1681.28/( (339068.679+339488.999)/ 2 )
=1681.28/339278.839
=0.50 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.


PT Maja Agung Latexindo Tbk  (ISX:SURI) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


PT Maja Agung Latexindo Tbk Return-on-Tangible-Equity Related Terms

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PT Maja Agung Latexindo Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jl. Utama No. 98, Desa Pujimulyo Kecamatan Sunggal Kabupaten, Deli Serdang, Sumatera Utara, IDN, 20352
PT Maja Agung Latexindo Tbk specializes in the production of latex gloves, made from natural rubber, and is a primary choice in the medical and industrial sectors. The company's business includes business of making rubber goods for health support needs, such as contraceptive gloves (birth control)/ condoms, pacifiers and compresses, medical rubber gloves, and urinary catheters (folley catheter). Its segments include Gloves and Concentrated latex.

PT Maja Agung Latexindo Tbk Headlines