GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Texchem Resources Bhd (XKLS:8702) » Definitions » Return-on-Tangible-Equity

Texchem Resources Bhd (XKLS:8702) Return-on-Tangible-Equity : 2.79% (As of Mar. 2025)


View and export this data going back to 1993. Start your Free Trial

What is Texchem Resources Bhd 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. Texchem Resources Bhd's annualized net income for the quarter that ended in Mar. 2025 was RM3 Mil. Texchem Resources Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2025 was RM125 Mil. Therefore, Texchem Resources Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 2.79%.

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

XKLS:8702' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.43   Med: 0.07   Max: 12.61
Current: 7.39

During the past 13 years, Texchem Resources Bhd's highest Return-on-Tangible-Equity was 12.61%. The lowest was -8.43%. And the median was 0.07%.

XKLS:8702's Return-on-Tangible-Equity is ranked better than
50.36% of 560 companies
in the Conglomerates industry
Industry Median: 7.105 vs XKLS:8702: 7.39

Texchem Resources Bhd Return-on-Tangible-Equity Historical Data

The historical data trend for Texchem Resources 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.

* Premium members only.

Texchem Resources Bhd Return-on-Tangible-Equity Chart

Texchem Resources Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.28 12.61 12.51 -8.43 5.46

Texchem Resources Bhd Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.40 3.23 3.78 20.01 2.79

Competitive Comparison of Texchem Resources Bhd's Return-on-Tangible-Equity

For the Conglomerates subindustry, Texchem Resources 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.


Texchem Resources Bhd's Return-on-Tangible-Equity Distribution in the Conglomerates Industry

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

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


;
;

Texchem Resources Bhd Return-on-Tangible-Equity Calculation

Texchem Resources Bhd'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 )
=6.743/( (122.021+124.769 )/ 2 )
=6.743/123.395
=5.46 %

Texchem Resources Bhd'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 )
=3.48/( (124.769+124.266)/ 2 )
=3.48/124.5175
=2.79 %

* 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.


Texchem Resources Bhd  (XKLS:8702) 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.


Texchem Resources Bhd Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Texchem Resources Bhd's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Texchem Resources Bhd Business Description

Traded in Other Exchanges
N/A
Address
39 Jalan Sultan Ahmad Shah, Level 18, Menara Boustead Penang, George Town, PNG, MYS, 10050
Texchem Resources Bhd is an investment holding company. The group has five business divisions namely industrial, Polymer Engineering, Food, Venture Business and Restaurant. The products under industrial segments are plastic resins, rubber/latex chemicals, PVC resins and additives, adhesive chemicals, food ingredients, dyestuff and textile auxiliaries. The polymer division designs new polymer solutions and designs for industries such as data storage industry, semiconductor, consumer electronics and electrical, telecommunications and life science industry. The restaurant division operates restaurant brands such as sushi king, Miraku, and Hoshino Coffee. The Malaysian market contributes majority to the company's revenue.

Texchem Resources Bhd Headlines

No Headlines