Aimax Bhd (XKLS:0041) Return-on-Tangible-Equity: 39.68% (As of Sep. 2025) — 2142% Above Median


What is Aimax Bhd Return-on-Tangible-Equity?

Aimax Bhd XKLS:0041 Return-on-Tangible-Equity is 39.68% as of Sep. 2025, which is 2142% above its 10-year median of 1.77. The stock has 8 warning signs investors should review. Among 551 Conglomerates companies, Aimax Bhd ranks better than 54.63% on this metric.

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. Aimax Bhd's annualized net income for the quarter that ended in Sep. 2025 was RM108.94 Mil. Aimax Bhd's average shareholder tangible equity for the quarter that ended in Sep. 2025 was RM274.55 Mil. Therefore, Aimax Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 was 39.68%.

The historical rank and industry rank for Aimax Bhd's Return-on-Tangible-Equity or its related term are showing as below:

XKLS:0041' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -97.15   Med: 1.77   Max: 43.82
Current: 8.49

During the past 13 years, Aimax Bhd's highest Return-on-Tangible-Equity was 43.82%. The lowest was -97.15%. And the median was 1.77%.

XKLS:0041's Return-on-Tangible-Equity is ranked better than
54.63% of 551 companies
in the Conglomerates industry
Industry Median: 7.48 vs XKLS:0041: 8.49

Aimax Bhd  (XKLS:0041) 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.


Aimax Bhd Return-on-Tangible-Equity Related Terms


Aimax Bhd Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Aimax Bhd'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.

Aimax Bhd Return-on-Tangible-Equity Chart

Aimax Bhd Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Mar19 Mar20 Sep22 Sep23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -43.09 -97.15 -20.29 43.82 -8.56

Aimax Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Return-on-Tangible-Equity 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 -1.92 9.09 8.19 -21.10 39.68

XKLS:0041 vs HON, MMM: Return-on-Tangible-Equity Comparison

For the Conglomerates subindustry, Aimax Bhd'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.


Aimax Bhd Return-on-Tangible-Equity vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aimax Bhd's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Aimax Bhd's Return-on-Tangible-Equity falls into.



Aimax Bhd Return-on-Tangible-Equity Calculation

Aimax Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=-31.512/( (382.244+354.357 )/ 2 )
=-31.512/368.3005
=-8.56 %

Aimax Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2025 )  (Q: Jun. 2025 )(Q: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2025 )  (Q: Jun. 2025 )(Q: Sep. 2025 )
=108.944/( (274.552+0)/ 1 )
=108.944/274.552
=39.68 %

* 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 (Sep. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 39.68% mean?
Aimax Bhd (XKLS:0041) has a Return-on-Tangible-Equity of 39.68% as of Sep. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Aimax Bhd and its competitors. This is 2142% above median its historical median of 1.77. According to the industry distribution chart, Aimax Bhd ranks #250 out of 551 companies in the Conglomerates industry, placing it in the top 45.4%.
Is Aimax Bhd's Return-on-Tangible-Equity too high?
Aimax Bhd's current Return-on-Tangible-Equity of 39.68% is 2142% above median its 10-year median of 1.77. The Conglomerates industry median Return-on-Tangible-Equity is 7.48. Aimax Bhd's value of 39.68% is 430.5% above this industry median. Based on the distribution chart, Aimax Bhd ranks #250 out of 551 companies in the Conglomerates industry, which is above the industry midpoint.
How does Aimax Bhd's Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, Aimax Bhd ranks #250 out of 551 companies for Return-on-Tangible-Equity. This puts Aimax Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.48. Aimax Bhd's value of 39.68% is 430.5% above this benchmark. While the company's 10-year median is 1.77 vs. the industry median of 7.48, Aimax Bhd has consistently been above the industry average. 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-Equity for a Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.48, based on 551 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aimax Bhd's current Return-on-Tangible-Equity of 39.68% is 430.5% above the industry median. 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Aimax Bhd and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aimax Bhd's current Return-on-Tangible-Equity is 39.68%, which is 2142% above median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aimax Bhd stock overvalued right now?
Based on GuruFocus' analysis, Aimax Bhd (XKLS:0041) is currently considered Fairly Valued. The stock's GF Value™ is RM0.01, compared to a current price of RM0.01 — trading right at its estimated fair value. The current Return-on-Tangible-Equity is 39.68%, which is 2142% above median its 10-year median of 1.77 and 430.5% above the Conglomerates industry median of 7.48. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Aimax Bhd (XKLS:0041), the current Return-on-Tangible-Equity is 39.68% 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.

Aimax Bhd Business Description

Address C-01-3, Block C Plaza Glomac, No 6, Jalan SS7/19, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301
Aimax Bhd, formerly known as Hong Seng Consolidated Bhd, is operating as an investment holding company. The company operates in four operating segments. The healthcare segment consists of a medical diagnostic and research laboratory and wholesale of pharmaceutical and medical goods; the Financial services include Moneylending; the Gloves segment consists of Manufacturing and trading of rubber gloves; and Seafood segment which consists of Trading of Seafood products. The majority of the revenue is derived from the healthcare segment.