Spring Art Holdings BhdXKLS:0216 Return-on-Tangible-Equity is 0.17% as of Mar. 2026, which is 98% below its 10-year median of 9.86. The stock has 3 warning signs investors should review. Among 420 Furnishings, Fixtures & Appliances companies, Spring Art Holdings Bhd ranks worse than 72.14% 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. Spring Art Holdings Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM0.15 Mil. Spring Art Holdings Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM90.09 Mil. Therefore, Spring Art Holdings Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.17%.
The historical rank and industry rank for Spring Art Holdings Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0216'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.01 Med: 9.86 Max: 41.26
Current: -1.01
During the past 11 years, Spring Art Holdings Bhd's highest Return-on-Tangible-Equity was 41.26%. The lowest was -1.01%. And the median was 9.86%.
XKLS:0216's Return-on-Tangible-Equity is ranked worse than 72.14% of 420
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.08
vs XKLS:0216: -1.01
Spring Art Holdings Bhd (XKLS:0216) 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.
Spring Art Holdings Bhd Return-on-Tangible-Equity Related Terms
Spring Art Holdings Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Spring Art Holdings 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.
Spring Art Holdings Bhd Return-on-Tangible-Equity Chart
XKLS:0216 vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, Spring Art Holdings 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.
Spring Art Holdings Bhd Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Spring Art Holdings Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Spring Art Holdings Bhd's Return-on-Tangible-Equity 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-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. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.17% mean?
Spring Art Holdings Bhd (XKLS:0216) has a Return-on-Tangible-Equity of 0.17% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Spring Art Holdings Bhd and its competitors. This is 98% below median its historical median of 9.86. According to the industry distribution chart, Spring Art Holdings Bhd ranks #303 out of 420 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 72.1%.
Is Spring Art Holdings Bhd's Return-on-Tangible-Equity too high?
Spring Art Holdings Bhd's current Return-on-Tangible-Equity of 0.17% is 98% below median its 10-year median of 9.86. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Equity is 5.08. Spring Art Holdings Bhd's value of 0.17% is 96.7% below this industry median. Based on the distribution chart, Spring Art Holdings Bhd ranks #303 out of 420 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint.
How does Spring Art Holdings Bhd's Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Spring Art Holdings Bhd ranks #303 out of 420 companies for Return-on-Tangible-Equity. This places Spring Art Holdings Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.08. Spring Art Holdings Bhd's value of 0.17% is 96.7% below this benchmark. While the company's 10-year median is 9.86 vs. the industry median of 5.08, Spring Art Holdings Bhd has consistently been below 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Equity among Furnishings, Fixtures & Appliances companies is 5.08, based on 420 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. Spring Art Holdings Bhd's current Return-on-Tangible-Equity of 0.17% is 96.7% below 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 Spring Art Holdings Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Equity is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spring Art Holdings Bhd's current Return-on-Tangible-Equity is 0.17%, which is 98% below median its own 10-year median of 9.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spring Art Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Spring Art Holdings Bhd (XKLS:0216) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.16, compared to a current price of RM0.10 — trading 37.5% below its estimated fair value. The current Return-on-Tangible-Equity is 0.17%, which is 98% below median its 10-year median of 9.86 and 96.7% below the Furnishings, Fixtures & Appliances industry median of 5.08. 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 Spring Art Holdings Bhd (XKLS:0216), the current Return-on-Tangible-Equity is 0.17% as of Mar. 2026. 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.
Spring Art Holdings Bhd is involved in the manufacturing of ready-to-assemble furniture products, where it undertakes the design and development, manufacturing as well as marketing and sales of office furniture such as office workstations, filing cabinets and pedestals, bedroom furniture such as beds, night stands, wardrobes, dressing tables, dressing stools and study desks, living room furniture such as computer desks, television consoles, sideboards, shoe cabinets, bookshelves and drawer chests as well as other types of furniture such as dining tables and kitchen cabinets. The group has only one business segment, namely the design, development, manufacturing, marketing and sales of furniture products.
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