Chemlite Innovation BhdXKLS:0348 20 Return-on-Tangible-Equity is 7.91% as of Mar. 2026, which is 87% below its 10-year median of 59.69. GuruFocus rates XKLS:0348 with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 2,969 Industrial Products companies, Chemlite Innovation Bhd ranks better than 68.88% 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. Chemlite Innovation Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM4.22 Mil. Chemlite Innovation Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RM53.37 Mil. Therefore, Chemlite Innovation Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.91%.
The historical rank and industry rank for Chemlite Innovation Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0348'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.68 Med: 59.69 Max: 110.21
Current: 11.68
During the past 5 years, Chemlite Innovation Bhd's highest Return-on-Tangible-Equity was 110.21%. The lowest was 11.68%. And the median was 59.69%.
XKLS:0348's Return-on-Tangible-Equity is ranked better than 68.88% of 2969
companies
in the Industrial Products industry
Industry Median: 6.72
vs XKLS:0348: 11.68
Chemlite Innovation Bhd (XKLS:0348) 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.
Chemlite Innovation Bhd Return-on-Tangible-Equity Related Terms
Chemlite Innovation Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Chemlite Innovation 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.
Chemlite Innovation Bhd Return-on-Tangible-Equity Chart
XKLS:0348 vs CRS, ATI, MLI: Return-on-Tangible-Equity Comparison
For the Metal Fabrication subindustry, Chemlite Innovation 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.
Chemlite Innovation Bhd Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Chemlite Innovation Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Chemlite Innovation 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 7.91% mean?
Chemlite Innovation Bhd (XKLS:0348) has a Return-on-Tangible-Equity of 7.91% 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 Chemlite Innovation Bhd and its competitors. This is 87% below median its historical median of 59.69. Over the past decade, Chemlite Innovation Bhd's Return-on-Tangible-Equity has ranged from 11.68 to 110.21. According to the industry distribution chart, Chemlite Innovation Bhd ranks #924 out of 2969 companies in the Industrial Products industry, placing it in the top 31.1%.
Is Chemlite Innovation Bhd's Return-on-Tangible-Equity too high?
Chemlite Innovation Bhd's current Return-on-Tangible-Equity of 7.91% is 87% below median its 10-year median of 59.69. Over the past 10 years, this metric has ranged from a low of 11.68 to a high of 110.21. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Chemlite Innovation Bhd's value of 7.91% is 17.7% above this industry median. Based on the distribution chart, Chemlite Innovation Bhd ranks #924 out of 2969 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Chemlite Innovation Bhd has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Chemlite Innovation Bhd's Return-on-Tangible-Equity compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Chemlite Innovation Bhd ranks #924 out of 2969 companies for Return-on-Tangible-Equity. This puts Chemlite Innovation Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.72. Chemlite Innovation Bhd's value of 7.91% is 17.7% above this benchmark. Historically, Chemlite Innovation Bhd's own Return-on-Tangible-Equity has ranged from 11.68 to 110.21 over the past decade. While the company's 10-year median is 59.69 vs. the industry median of 6.72, Chemlite Innovation 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,969 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. Chemlite Innovation Bhd's current Return-on-Tangible-Equity of 7.91% is 17.7% 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 Chemlite Innovation Bhd and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chemlite Innovation Bhd's current Return-on-Tangible-Equity is 7.91%, which is 87% below median its own 10-year median of 59.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chemlite Innovation Bhd stock overvalued right now?
Chemlite Innovation Bhd (XKLS:0348) has a current Return-on-Tangible-Equity of 7.91%. The current Return-on-Tangible-Equity is 7.91%, which is 87% below median its 10-year median of 59.69 and 17.7% above the Industrial Products industry median of 6.72. Chemlite Innovation Bhd's overall GF Score™ is 20/100 with 3 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 Chemlite Innovation Bhd (XKLS:0348), the current Return-on-Tangible-Equity is 7.91% 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.
Chemlite Innovation Bhd operates in the engineering support industry. It provide surface finishing treatment services to companies operating in the semiconductor and E&E industries. It specialises in the provision of metal plating services on intermediate metal products, plating a composition of multi-layer metal coatings. It also provide non-metal plating services on intermediate metal products, which include anodising and other non-metal plating services. The company operates in two business segments: Metal plating and Non-metal plating. Key revenue is generated from Metal plating, which includes the deposition of additional layers of metal coatings onto the surface of the intermediate metal products. It generates maximum revenue from Malaysia.
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