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The historical rank and industry rank for Solar District Cooling Group Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0321'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.68 Med: 20.96 Max: 36.4
Current: 7.68
During the past 6 years, Solar District Cooling Group Bhd's highest Return-on-Tangible-Equity was 36.40%. The lowest was 7.68%. And the median was 20.96%.
XKLS:0321's Return-on-Tangible-Equity is ranked worse than 59.56% of 1009
companies
in the Business Services industry
Industry Median: 10.71
vs XKLS:0321: 7.68
Solar District Cooling Group Bhd (XKLS:0321) 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.
Solar District Cooling Group Bhd Return-on-Tangible-Equity Related Terms
Solar District Cooling Group Bhd Return-on-Tangible-Equity Historical Data
* 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.
Solar District Cooling Group Bhd Return-on-Tangible-Equity Chart
XKLS:0321 vs CTAS, CPRT, ULS: Return-on-Tangible-Equity Comparison
For the Specialty Business Services subindustry, Solar District Cooling Group 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.
Solar District Cooling Group Bhd Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Solar District Cooling Group Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Solar District Cooling Group 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 -3.10% mean?
Solar District Cooling Group Bhd (XKLS:0321) has a Return-on-Tangible-Equity of -3.10% 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 Solar District Cooling Group Bhd and its competitors. Over the past decade, Solar District Cooling Group Bhd's Return-on-Tangible-Equity has ranged from 7.68 to 36.40. According to the industry distribution chart, Solar District Cooling Group Bhd ranks #601 out of 1009 companies in the Business Services industry, placing it in the top 59.6%.
Is Solar District Cooling Group Bhd's Return-on-Tangible-Equity too high?
Solar District Cooling Group Bhd's current Return-on-Tangible-Equity is -3.10%. Over the past 10 years, this metric has ranged from a low of 7.68 to a high of 36.40. Based on the distribution chart, Solar District Cooling Group Bhd ranks #601 out of 1009 companies in the Business Services industry, which is below the industry midpoint. Overall, Solar District Cooling Group Bhd has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Solar District Cooling Group Bhd's Return-on-Tangible-Equity compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Solar District Cooling Group Bhd ranks #601 out of 1009 companies for Return-on-Tangible-Equity. This places Solar District Cooling Group Bhd in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.71. Historically, Solar District Cooling Group Bhd's own Return-on-Tangible-Equity has ranged from 7.68 to 36.40 over the past decade. 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.71, based on 1,009 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. 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 Solar District Cooling Group Bhd and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar District Cooling Group Bhd's current Return-on-Tangible-Equity is -3.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar District Cooling Group Bhd stock overvalued right now?
Solar District Cooling Group Bhd (XKLS:0321) has a current Return-on-Tangible-Equity of -3.10%. The current Return-on-Tangible-Equity is -3.10%. Solar District Cooling Group Bhd's overall GF Score™ is 47/100 with 8 warning signs to review. 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 Solar District Cooling Group Bhd (XKLS:0321), the current Return-on-Tangible-Equity is -3.10% 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.
Solar District Cooling Group Bhd Business Description
Solar District Cooling Group Bhd is principally involved in the provision and maintenance of Building Management Systems (BMS), solar thermal systems, energy saving systems and other energy services. The company specialises in the maintenance of gas-fired chillers, ensuring reliable and efficient cooling solutions. Its wholly-owned subsidiary is principally involved in mechanical and electrical works, and project management services. The segments of the company are Building Management Systems, Solar Thermal Systems & Energy Saving Services, and Maintenance of Other Systems and Equipment. Out of three segments, BMS segment generates key revenue and with focus on Malaysia, Singapore and Brunei markets.
47GF Score
Get the complete analysis for XKLS:0321
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