Wong Engineering Bhd (XKLS:7050) ROA %: 1.60% (As of Apr. 2026) — 48% Below Median


XKLS:7050 Wong Engineering Corp Bhd XKLS:7050
36 GF Score
Price RM0.16
GF Value RM0.30
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Wong Engineering Bhd ROA %?

Wong Engineering Bhd XKLS:7050 -3.13% 36 ROA % is 1.60% as of Apr. 2026, which is 48% below its 10-year median of 3.06. GuruFocus rates XKLS:7050 with a GF Score™ of 36/100 and a GF Value™ of RM0.30 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 3,071 Industrial Products companies, Wong Engineering Bhd ranks worse than 76.59% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Wong Engineering Bhd's annualized Net Income for the quarter that ended in Apr. 2026 was RM2.03 Mil. Wong Engineering Bhd's average Total Assets over the quarter that ended in Apr. 2026 was RM126.63 Mil. Therefore, Wong Engineering Bhd's annualized ROA % for the quarter that ended in Apr. 2026 was 1.60%.

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

XKLS:7050' s ROA % Range Over the Past 10 Years
Min: -9.69   Med: 3.06   Max: 11.77
Current: -1.08

During the past 13 years, Wong Engineering Bhd's highest ROA % was 11.77%. The lowest was -9.69%. And the median was 3.06%.

XKLS:7050's ROA % is ranked worse than
76.59% of 3071 companies
in the Industrial Products industry
Industry Median: 3.04 vs XKLS:7050: -1.08

Wong Engineering Bhd  (XKLS:7050) 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: Apr. 2026 )
=Net Income/Total Assets
=2.032/126.626
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.032 / 56.996)*(56.996 / 126.626)
=Net Margin %*Asset Turnover
=3.57 %*0.4501
=1.60 %

Note: The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) 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.


Wong Engineering Bhd ROA % Related Terms


Wong Engineering Bhd ROA % Historical Data

* Premium members only.

The historical data trend for Wong Engineering 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.

Wong Engineering Bhd ROA % Chart

Wong Engineering Bhd Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.75 3.00 -6.28 -9.69 -5.73

Wong Engineering Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -14.52 -0.31 1.55 -6.75 1.60

XKLS:7050 vs CRS, ATI, MLI: ROA % Comparison

For the Metal Fabrication subindustry, Wong Engineering 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.


Wong Engineering Bhd ROA % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wong Engineering Bhd's ROA % distribution charts can be found below:

* The bar in red indicates where Wong Engineering Bhd's ROA % falls into.


XKLS:7050
36GF Score
Wong Engineering Corp Bhd XKLS:7050
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wong Engineering Bhd ROA % Calculation

Wong Engineering Bhd's annualized ROA % for the fiscal year that ended in Oct. 2025 is calculated as:

ROA %=Net Income (A: Oct. 2025 )/( (Total Assets (A: Oct. 2024 )+Total Assets (A: Oct. 2025 ))/ count )
=-6.998/( (111.608+132.716)/ 2 )
=-6.998/122.162
=-5.73 %

Wong Engineering Bhd's annualized ROA % for the quarter that ended in Apr. 2026 is calculated as:

ROA %=Net Income (Q: Apr. 2026 )/( (Total Assets (Q: Jan. 2026 )+Total Assets (Q: Apr. 2026 ))/ count )
=2.032/( (126.625+126.627)/ 2 )
=2.032/126.626
=1.60 %

* 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 (Apr. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 1.60% mean?
Wong Engineering Bhd (XKLS:7050) has a ROA % of 1.60% as of Apr. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Wong Engineering Bhd and its competitors. This is 48% below median its historical median of 3.06. According to the industry distribution chart, Wong Engineering Bhd ranks #2352 out of 3071 companies in the Industrial Products industry, placing it in the top 76.6%.
Is Wong Engineering Bhd's ROA % too high?
Wong Engineering Bhd's current ROA % of 1.60% is 48% below median its 10-year median of 3.06. The Industrial Products industry median ROA % is 3.04. Wong Engineering Bhd's value of 1.60% is 47.4% below this industry median. Based on the distribution chart, Wong Engineering Bhd ranks #2352 out of 3071 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Wong Engineering Bhd has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wong Engineering Bhd's ROA % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Wong Engineering Bhd ranks #2352 out of 3071 companies for ROA %. This places Wong Engineering Bhd in the lower half of its industry. The industry median ROA % is 3.04. Wong Engineering Bhd's value of 1.60% is 47.4% below this benchmark. While the company's 10-year median is 3.06 vs. the industry median of 3.04, Wong Engineering Bhd has consistently been below 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 ROA % for an Industrial Products company?
The median ROA % among Industrial Products companies is 3.04, based on 3,071 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wong Engineering Bhd's current ROA % of 1.60% is 47.4% below 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Wong Engineering Bhd and its competitors. For the Industrial Products industry, the median ROA % is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wong Engineering Bhd's current ROA % is 1.60%, which is 48% below median its own 10-year median of 3.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wong Engineering Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wong Engineering Bhd (XKLS:7050) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.30, compared to a current price of RM0.16 — trading 48.3% below its estimated fair value. The current ROA % is 1.60%, which is 48% below median its 10-year median of 3.06 and 47.4% below the Industrial Products industry median of 3.04. Wong Engineering Bhd's overall GF Score™ is 36/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Wong Engineering Bhd (XKLS:7050), the current ROA % is 1.60% as of Apr. 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.

Is Wong Engineering Bhd (XKLS:7050) Overvalued in 2026?

Based on GuruFocus' analysis, Wong Engineering Bhd stock appears to be undervalued. The current stock price of RM0.16 is trading 48.3% below its estimated GF Value™ of RM0.30. GuruFocus considers Wong Engineering Bhd to be Possible Value Trap.

Key valuation signals for XKLS:7050:

  • ROA %: 1.60% (48% below median its 10-year median of 3.06)
  • GF Value™: RM0.30 vs. price of RM0.16 (48.3% below fair value)
  • GF Score™: 36/100 with 2 warning signs
  • Industry Position: 47.4% below the Industrial Products median (#2352 of 3071)

No single metric tells the full story. See the XKLS:7050 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wong Engineering Bhd Business Description

Address Lot 24, Jalan Hi-Tech 4, Phase 1, Kulim Hi-Tech Park, Kulim, KDH, MYS, 09000
Wong Engineering Corp Bhd is engaged in manufacturing of high precision stamped and turned metal parts and components, complex welded frame structure, related modules and systems as well as trading, marketing and retailing of industrial and consumer products. The segments of the company are, 1) Precision engineering which includes the design and manufacture of high-precision metal stamped parts and sheet metals. 2) Construction and property development includes the provision of general buildings construction and infrastructure work and the provision of property development and related business. 3) Others include Investment holding. The company derives maximum revenue from Precision and engineering Segment.
36GF Score

Get the complete analysis for XKLS:7050

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.16
Price
RM0.30
GF Value