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Prolintas Infra Business Trust (XKLS:5320) ROA % : 0.23% (As of Mar. 2024)


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What is Prolintas Infra Business Trust ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Prolintas Infra Business Trust's annualized Net Income for the quarter that ended in Mar. 2024 was RM8.36 Mil. Prolintas Infra Business Trust's average Total Assets over the quarter that ended in Mar. 2024 was RM3,625.20 Mil. Therefore, Prolintas Infra Business Trust's annualized ROA % for the quarter that ended in Mar. 2024 was 0.23%.

The historical rank and industry rank for Prolintas Infra Business Trust's ROA % or its related term are showing as below:

XKLS:5320' s ROA % Range Over the Past 10 Years
Min: -0.34   Med: 0.29   Max: 4.21
Current: 0.06

During the past 3 years, Prolintas Infra Business Trust's highest ROA % was 4.21%. The lowest was -0.34%. And the median was 0.29%.

XKLS:5320's ROA % is ranked worse than
72.87% of 1670 companies
in the Construction industry
Industry Median: 2.61 vs XKLS:5320: 0.06

Prolintas Infra Business Trust ROA % Historical Data

The historical data trend for Prolintas Infra Business Trust'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.

Prolintas Infra Business Trust ROA % Chart

Prolintas Infra Business Trust Annual Data
Trend Dec20 Dec21 Dec22
ROA %
0.29 4.21 -0.34

Prolintas Infra Business Trust Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Sep23 Mar24
ROA % Get a 7-Day Free Trial - -0.41 -9.99 - 0.23

Competitive Comparison of Prolintas Infra Business Trust's ROA %

For the Infrastructure Operations subindustry, Prolintas Infra Business Trust'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.


Prolintas Infra Business Trust's ROA % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Prolintas Infra Business Trust's ROA % distribution charts can be found below:

* The bar in red indicates where Prolintas Infra Business Trust's ROA % falls into.



Prolintas Infra Business Trust ROA % Calculation

Prolintas Infra Business Trust's annualized ROA % for the fiscal year that ended in Dec. 2022 is calculated as:

ROA %=Net Income (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=-11.283/( (3390.925+3275.643)/ 2 )
=-11.283/3333.284
=-0.34 %

Prolintas Infra Business Trust's annualized ROA % for the quarter that ended in Mar. 2024 is calculated as:

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=8.356/( (3595.49+3654.905)/ 2 )
=8.356/3625.1975
=0.23 %

* 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 (Mar. 2024) net income data. ROA % is displayed in the 30-year financial page.


Prolintas Infra Business Trust  (XKLS:5320) 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: Mar. 2024 )
=Net Income/Total Assets
=8.356/3625.1975
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8.356 / 306.104)*(306.104 / 3625.1975)
=Net Margin %*Asset Turnover
=2.73 %*0.0844
=0.23 %

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


Prolintas Infra Business Trust ROA % Related Terms

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Prolintas Infra Business Trust (XKLS:5320) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
201-A Jalan Tun Razak, 12th Floor Menara PNB, Kuala Lumpur, MYS
Prolintas Infra Business Trust is involved in the construction, toll collection, operation and maintenance of the Highways; and provision of ancillary facilities to complement the operation of the Highways and enhance road users' experience and convenience.

Prolintas Infra Business Trust (XKLS:5320) Headlines

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