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Key Asic Bhd (XKLS:0143) ROA % : -15.56% (As of Aug. 2024)


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What is Key Asic Bhd ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Key Asic Bhd's annualized Net Income for the quarter that ended in Aug. 2024 was RM-5.12 Mil. Key Asic Bhd's average Total Assets over the quarter that ended in Aug. 2024 was RM32.90 Mil. Therefore, Key Asic Bhd's annualized ROA % for the quarter that ended in Aug. 2024 was -15.56%.

The historical rank and industry rank for Key Asic Bhd's ROA % or its related term are showing as below:

XKLS:0143' s ROA % Range Over the Past 10 Years
Min: -59.59   Med: -21.63   Max: 11.65
Current: -24.38

During the past 13 years, Key Asic Bhd's highest ROA % was 11.65%. The lowest was -59.59%. And the median was -21.63%.

XKLS:0143's ROA % is ranked worse than
92.14% of 1005 companies
in the Semiconductors industry
Industry Median: 2.15 vs XKLS:0143: -24.38

Key Asic Bhd ROA % Historical Data

The historical data trend for Key Asic Bhd's ROA % 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.

Key Asic Bhd ROA % Chart

Key Asic Bhd Annual Data
Trend Dec13 Dec14 Dec15 May18 May19 May20 May21 May22 May23 May24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -51.93 -22.22 -21.03 -13.24 -28.64

Key Asic Bhd Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
ROA % 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 -32.22 0.25 -27.84 -55.42 -15.56

Competitive Comparison of Key Asic Bhd's ROA %

For the Semiconductors subindustry, Key Asic Bhd's ROA %, along with its competitors' market caps and ROA % 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.


Key Asic Bhd's ROA % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Key Asic Bhd's ROA % distribution charts can be found below:

* The bar in red indicates where Key Asic Bhd's ROA % falls into.



Key Asic Bhd ROA % Calculation

Key Asic Bhd's annualized ROA % for the fiscal year that ended in May. 2024 is calculated as:

ROA %=Net Income (A: May. 2024 )/( (Total Assets (A: May. 2023 )+Total Assets (A: May. 2024 ))/ count )
=-10.771/( (41.35+33.875)/ 2 )
=-10.771/37.6125
=-28.64 %

Key Asic Bhd's annualized ROA % for the quarter that ended in Aug. 2024 is calculated as:

ROA %=Net Income (Q: Aug. 2024 )/( (Total Assets (Q: May. 2024 )+Total Assets (Q: Aug. 2024 ))/ count )
=-5.12/( (33.875+31.918)/ 2 )
=-5.12/32.8965
=-15.56 %

* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Aug. 2024) net income data. ROA % is displayed in the 30-year financial page.


Key Asic Bhd  (XKLS:0143) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Aug. 2024 )
=Net Income/Total Assets
=-5.12/32.8965
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-5.12 / 15.124)*(15.124 / 32.8965)
=Net Margin %*Asset Turnover
=-33.85 %*0.4597
=-15.56 %

Note: The Net Income data used here is four times the quarterly (Aug. 2024) net income data. The Revenue data used here is four times the quarterly (Aug. 2024) revenue 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Key Asic Bhd ROA % Related Terms

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Key Asic Bhd Business Description

Traded in Other Exchanges
N/A
Address
8, First Avenue, 6th Floor, Unit 3, Bandar Utama, Petaling Jaya, SGR, MYS, 47800
Key Asic Bhd engages in turnkey application-specific integrated circuit design services for consumer, wireless, and personal electronics applications. It also provides data processing, data management, disk-based backup solutions, telecommunications, office automation, network infrastructure and intelligent storage networking support. It operates through the Non-Recurring Engineering Services and Recurring Engineering Services business segments.

Key Asic Bhd Headlines

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